In this article, many people wonder "What should be considered when buying a land?" We have compiled short information about the answer to the question.
There are many things you can do to minimize possible negative situations during the buying and selling of land. First of all, the title deed of the land must be seen. If this is not possible, title deed information should be obtained. The seller must also prove his identity. In this way, you can go to the land registry office and confirm the existence and accuracy of the deed. Another point to look at is the annotations of the deed. In other words, it is necessary to make sure that there are no legal sanctions such as mortgages or liens on the title deed. Another point to be considered while purchasing a land is to compare the land area specified by the seller with the land area in the title deed. Learning the zoning plan is also a logical choice to be made at this point. For example, if the seller says that a ten-storey building can be built on a plot, but the zoning plan allows for a two-storey house, problems may arise at that point. Apart from these, it is also necessary to pay attention to the proximity of the location of the land to social opportunities. Proximity to places such as hospitals, educational institutions, green areas, transportation facilities is a matter to be considered. Even if it is a small detail, it is essential to make sure that the land is mentioned as "land" in the title deed.
What are the Required Documents When Buying Land?
Some documents are required for title deed sales transactions. A list of these documents is listed below:
Municipal market value certificate,
Identity card and photo,
A letter showing that there is no tax debt,
Original title deed or photocopy of deed,
Earthquake insurance (DASK),
Power of attorney.
The documents requested from the seller during the purchase and sale of title deed are as follows:
Title deed or a copy of the title deed,
Photograph,
The original and a copy of the birth certificate,
A letter showing that there is no tax liability.
So, When Is The Best Time To Sell The Land?
Land sales are greatly affected by changes in the strategic importance of the region and money markets over a long period of time. For this reason, it is useful to go back and look at the research you have done while buying the land. “What is the probability that this plot will evolve?” This is why it is one of the most important questions to be asked when buying a land. For example, you can take a look at the social opportunities planned for the future in the region where you want to buy the land. Especially in areas with large traffic such as airports, the value of your land can increase too much in the short term.
