applying for title deeds

cathy1


Joined: 14/06/2010
Posts: 11

Message Posted:
07/03/2011 17:59

hello, recieved an email a few weeks ago saying permission to purchase had been granted, how do i go about getting the title deeds ? . i need some advice as me and my partner split up last year and now i dont have a clue on what to do next, i am in england, i emailed a law firm last week and here is the reply???????, i just wanted a rough idea in price.





1,if we apply for the title deeds is it going to be in joint names ? Yes, it will.

2, how much do i have to pay for the title deeds eg tax ? 5% VAT, 3% transfer fee, 1% of 3% annual fee 34 TL title deed fee, these are standard payments but if you are going to take title with someone acting for you then there will be extras such as POA stamp fee of 18 TL. Please note that the above % will be based on you sale price.

3, how do i apply for the deeds ? a valuation needs to be done, which we do as a law firm.

karakum5c



Joined: 18/03/2008
Posts: 1021

Message Posted:
07/03/2011 19:58

When you purchased your property you paid your solicitor in North Cyprus a fee to carry out all the things you mention, he/she will arange everything for you when you contact them and tell them that permission to purchase has been granted.



The solicitor bundles all these services up into the initial fee.



Your solicitor already has power of attorney for you as they required this to act on your behalf to purchase initially.