Land Registry Inheritance Transactions
The making of movable or immovable property after death is a very challenging process. In order not to have a problem with the sharing of goods afterwards, it is useful to complete all processes under state control. Land Registry inheritance transactions are carried out through Magistrates Court and notary public. During the apportionment of the deed, an equal distribution is made between the remaining heirs.
Deed By Number Of Children Existing
In the case of the death of the mother or father, title deed transfer procedures are carried out on the number of children present. At this point, a transfer certificate is created for each child to be able to use it and not to have any problems.
It is advantageous to do the deed, to protect the immovable property and not to be included in the state land.
Since the application and transaction fees can vary every year, it will be useful to get detailed information from the Tax Office.
On average, the process of land registry transfer is carried out within 15 to 30 days if all documents are ready.
In some cases, the process of preparing and approving documents takes more time. At this point it is worth paying attention to all the elements mentioned by the officials.
Transfer Requirement Within 2 Years
After the death of the owner of the inheritance, the transfer procedures must be carried out within a maximum of 2 years. In case of failure to transfer, the heirs shall not claim any rights over the property after a period of time.
In order to sell or evaluate the movable or immovable properties, it is obligatory to have their avengals made.
The applicants must first fill out the registration form.
During the transition, which is a long and demanding process, it is useful to complete all the required documents in the shortest time to get results.
It is possible to get assistance by proxy: those who do not want to perform the deed transfer transactions, they complete the process as soon as possible by giving attorney to experts or experts on the subject. In this way, it is not necessary to deal with the process of collecting documents, depositing money or other transactions.
Documents Required For Transactions
The documents required for the completion of the land registry inheritance transactions without any problems are indicated by the notary officers. In the first place, the real estate or the property to be transferred has to be deed deed.
Later, the heirs ‘ passport photographs taken in the last 6 months should be kept ready.
ID card or passport photocopy are also required documents.
The document and application form taken upon request for transfer must also be included in the collected documents.
In the same way, earthquake insurance and all other documents of the immovable property should be made available before the notary public.
Complete documents contribute to speed up the process.
Sharing Among The Heir’s Surrogates
Land Registry transfer transactions are also carried out between the heirs ‘ deputies. If one of the children to whom the inheritance will be transferred has passed away, the right granted shall be divided among the heirs of the deceased. The child or spouse thus have the opportunity to become a partner in the share. Once the transfer process is complete, it is easier to sell or evaluate the real estate if the heirs approve it. The certificate of inheritance is issued by the notary public and there is no need for a different document in order to make the transaction. It is not possible to claim any taxes or fees from the heirs after the transfer.
