Why does the declared price matter for title deed fees?

How is the title deed fee calculated?

In a property sale in Türkiye, the title deed fee is calculated separately for the buyer and the seller, each at a rate of 20 per thousand, based on the declared real transfer and acquisition price. This is the general rule stated in official sources.

Why does the property tax value matter?

The declared price cannot be lower than the property's tax value. If the sale price is declared below the property tax value, the title deed fee is calculated based on the property tax value instead. In other words, the base for the fee is always limited by the property tax value.

Declaring the real price

The actual sale price agreed between the parties is the amount that must be declared during the title deed transaction. If this amount does not reflect reality, the authorities may later determine the discrepancy.

Consequences of under-declaring

If it is determined that the declared price does not reflect the actual situation, the underpaid fee amount may be collected from both the buyer and the seller along with a 25% tax loss penalty. For this reason, the amount to be declared should be determined carefully.

Points to keep in mind

• The title deed fee is calculated based on whichever is higher: the declared real price or the property tax value.
• For properties with buildings, a Compulsory Earthquake Insurance (DASK) policy is among the documents required for the title deed process.
• In sales involving a foreign party, an identity document or passport, and a power of attorney if applicable, are required.
• If there is any doubt about the amount to declare, it is helpful to consult your own accountant or lawyer.

In conclusion

The calculation of the title deed fee is based on the relationship between the real price and the property tax value. Having accurate and up-to-date information on this matter helps ensure the process goes smoothly for both buyer and seller. We recommend seeking support from your own expert on tax and legal matters.