The most common type of ownership is tenancy

For foreigners, real estate purchases can be a little tricky, as a result of the Turkish laws governing real estate. There are many issues to be aware of, and some of them may be very complicated.

To begin with, it is necessary to consider a few general issues, like the fact that there are different types of properties, such as apartments, villas, plots, and houses, which can have several forms of ownership. The most common type of ownership is tenancy-at-will, which is the easiest one to understand.

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A tenant rents a Property for sale in Turkey from its owner (a landlord), paying a monthly rent to use the property. In exchange, he is entitled to live in it as long as he wants. Once the lease expires, however, the tenant must move out of the property and move on to other places. Another common form of property ownership in Turkey is leasehold.

With a leasehold property, the landlord has the right to collect rent until the end of the lease, and also to repossess the property at the end of the lease. At this time, the tenant gets his/her money back, along with legal costs and compensation, and also has to pay any new rent he/she owes during the lease. Finally, another form of property ownership in Turkey is freehold.

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