Securing International Financing with Turkish Real Estate Mortgages
Foreign lenders and financial institutions can secure credit facilities by registering a official Mortgage (İpotek) at the Turkish Land Registry.
1. Formal Registration Requirements
Mortgages must be executed directly before Land Registry officials or through notarized Power of Attorney establishing exact secured amounts and interest rates.
2. Foreclosure Proceedings (İpotekli Takip)
Upon debtor default, the mortgagee can initiate expedited execution proceedings leading to public auction sale of the mortgaged property.
