It starts in 4 days! A new era in title deed transactions.

27.12.2025 12:05

The period of "showing the market value or slightly above the market value in property transfer transactions" is coming to an end. The Financial Crimes Investigation Board (MASAK) will tighten its oversight of money transfers starting from January 1. The aim of this implementation is to conduct real estate sales based on actual values.

In Turkey, as of January 1st, a new regulation is being implemented regarding property transfer transactions to avoid audits by showing the market value or slightly above the market value. For example, if a property with a real sale price of 10 million lira is transferred for 3 million lira based on the market value, the required tax amount significantly decreases. It is stated that such declarations lead to a loss in public revenues.

MARKET VALUES REMAIN BELOW MARKET PRICE

It is noted that the amounts in the market value documents obtained from municipalities will remain below the actual sale prices in many regions in 2026. However, in the new period, the requirement for money transfers to be conducted through the banking system will make it mandatory for sales to be made at the actual price.

DOCUMENTATION AND EXPLANATION MAY BE REQUESTED FOR MONEY TRANSFERS

According to NTV's news; with the implementation of the regulation, it is expected that for a real estate transaction to be conducted at the title deed, the amount the buyer sends to the seller will be consistent with the sale price. It is emphasized that banks may request documentation and explanation regarding the transfers made; if the transaction amount is lower than the amount declared at the title deed, it may be evaluated as a suspicious transaction.

For example, for a property transaction that will take place on January 2, 2026, seller X will receive the actual value of 10 million lira, and buyer Y will have to send 10 million lira to seller X. Since banks will request documentation and explanation regarding the amount of money, this will not be possible otherwise.

In this context, it is stated that the thought of "I will make a cash payment, no one will notice" may pose a risk in the new audit process. It may be required to declare the purpose of use for high cash withdrawals from the bank; if the seller wants to include the cash in the financial system, documentation and explanation regarding the source of the money may be requested. It is noted that the requested information and documents may be forwarded to MASAK when deemed necessary.