A brief glossary for property owners in Turkey.

When buying real estate in Turkey, many people are faced with new unfamiliar words, the meaning of which we will break down in this article with Hata Matata. Knowing these words will allow you to easily manipulate terms that relate to buying and owning real estate in Turkey.

AIDAT or AIDAT- is a mandatory monthly payment to keep the apartment complex in good condition. The fee goes towards the maintenance of the house, so it is charged to all co-owners of the property, regardless of whether they have been living in the property that month or not. The amount is set at the residents' meeting, and is monitored by the management company or kapıji (manager) chosen at the meeting. Read more about aydathere.

IJRA or ICRA- This isseizure of the real property in question. The seizure is for debts owed to thethe state, by court order, and any transactions with this property (sale, gift, purchase) will be considered invalid.will be considered invalid. To find out before buying real estate, not imposedTo find out before buying a property whether it has been seized, you need to make a request to the local Cadastral Office.

IKAMET or IKAMET -This is the name of a residence permit in Turkey. There are several types of residence permits, but for a property owner in Turkey, the TAPU ikamet is particularly important. It is issued at the General Directorate of Migration Affairs of the Ministry of Interior, where the application is filled out on the website e - ikamet, and the documents are submitted in person.

Mortgage or IPOTEK- is a form of pledge In this case, a real estate loan is issued by a bank or seller, and the real estate is encumbered with certain payment terms.