A title deed is a document issued by the Land Registry Directorate showing the owner of a certain land or sections built on it. When you buy a real estate, the most valid way to prove that it is yours is to have a deed in your hand. This document, which we also commonly use as a title deed, is of an official nature.
In this article, we will share the types of title deeds with you.
Types of Title Deeds
Deeds are also divided into types within themselves. These are; condominium ownership, floor easement and types of title deeds with shares. If you want to know which one is more important or valid, you can read the following types of title deeds carefully.
Because in this type of title deed, the square meter of your apartment, the door number, on which floor it is located are determined in full detail and certified by the Land Registry Directorate.
This is the independent section, which shows your right of ownership over your apartment. The independent part belongs entirely to you, you do not have any partners.
Since your apartment is a condominium title deed, you can easily use a bank loan. You also pay your property tax as a building tax
If the apartment you own has a Deckhouse easement, it means that how much right you have over the “building” where your apartment is located has been approved in terms of land share and square meters.
Whether the building is in accordance with the plan, the square meters of the apartments, the floor and the apartment numbers have not been inspected, your residence is incomplete.
If you are buying an apartment from a building with a land title, you are taking a share of the land on which the building is built. When you Decipher the land registry records, you see that the apartment owners, including you, are landowners who have the right to a certain proportion of shares in the land plot.
It is difficult to sell the immovable for the types of title deeds with shares. Because it is not specified in the deed which part belongs to whom. You can solve the problem by making an agreement with your neighbors in the building.
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