New regulations have come into force for the transfer of shared title deeds through inheritance.
Please feel free to contact the Foreign Citizens Advice Centre or the Ege Eye for clarification or advice on any aspect of Inheritance law.
Now, the sharing of inheritance among the heirs will be faster and more seamless. With the new system, transfer transactions that used to require complicated procedures have been simplified with a written agreement between the heirs.
With the new regulations, inheritance sharing in shared title deeds will be done more quickly and easily.
Transfers made with written consent between heirs, without the need for notary approval, will accelerate the inheritance sharing process and protect the rights of the heirs. This innovation aims to make the transfer processes of the heirs more trouble-free.
PROCESS HAS BEEN ACCELERATED
The new rules make the sharing process quicker and smoother by allowing community property owners to transfer inheritance between siblings without notarization, simply by written consent.
PARTNERS APPROVAL REQUIRED
In joint title deed transfer transactions, all partners must make a joint decision and approve this decision at the land registry before the sale or transfer takes place.
At this stage, shareholders can be present in person at the land registry office or represented by a lawyer. Once the sale is complete, each shareholder receives his or her share and the property is officially recorded in the Land Registry.
If all partners cannot be present during the transfer process, a lawyer will conduct the process with a power of attorney. In this way, the inheritance division process is accelerated, and the rights of the shareholders are protected.
With the new regulation, the division of shares in inheritance will now be carried out in the specified manner. Source: Real Agenda
