What is its contribution?

What is its contribution(Katmulkiyeti)?

Condominium ownership is a legal definition of how you own a flat or work place. It can be understood that the construction of a condominium property with a title deed is not a legal settlement, and the construction is completed under the laws.

The answer to the question "What is condominium property" is defined by the Floor Law No. 634? After the completion of the building in the law, it was stated that the rights of property owners can be separated and independent property rights can be created by the decision of the owners, provided that it is suitable for use with the purpose of , apartment, work place, shop and warehouse sections. In other words, the essence of the ownership of the condominium is to formally certify that the independent divisions are separated and the parties have them.

The Difference Between Floor and Floor Deed

The question of whether the ownership or the easement is often asked by home buyers. The clear answer to this is of course the title deed of the condominium type. This servitude apartments should not be taken in the title does not mean that the will be serviced by an expert examination of the title deeds with the title of the of the servitude of a servitude can be taken. For more information on the easement, please read our article. (See What You Need to Know about Floor Ratio)

The difference between the title deed and the title deed is the difference between the title deed of the building and the completion of the construction of a building and the appropriation of the title deed. The land belonging to the land until the completion of the buildings from the construction of the land deed or the of the easement of the deed, while the building is completed and the occupancy of the after the ownership of the title deed. So you have to know that even the apartment you bought as condominium has a one-year easement deed or land title.

In other words, the most fundamental difference between the two types of title deeds is that the building has been built according to the rules and has been registered it receives the title deed.

Risks of Non-Ownership

You can be 100% sure that you own or own the apartment as an independent section, is made in accordance with the zoning plans, is constructed in accordance with the relevant regulations and legislation and can obtain its license in this context.

The risks posed by the absence of condominium title deeds can result in a size of up to several hundred TL, a small size such as tuition payments, the size of the title deed, or the collapse of your building.

First of all, in a non-conditional title deed exactly which part of the independent section you own this property proving that you have the property can not be fully defined. This means that your neighbors and those apartments in your building are not listed.

In the Floor Property Law dated 27 November 2007, the title deed of the condominium was made compulsory and the acquisition was made obligatory. There is a penalty of around 1000 TL for not having ownership of the condominium from this law.

Another minor risk of non-condominium property is the difficulty of apartment management. For example, the solution of problems that may occur in the participation of your neighbors in building expenses is defined by the law of ownership and it is difficult to solve the problems in non-conditional situations by legal means.

When there is no condominium, the independent apartment you purchased is not clearly defined, so it is not easy to check that the apartment you buy and the apartment you buy are the same. The assistance of a trusted expert will help you to avoid this risk.