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Secure Payment System becomes mandatory in real estate sales on October 1

Published 20 Sept, 10:29 Updated 20 Sept, 15:55

Under a Trade Ministry regulation effective October 1, 2026, sale amounts in real estate transactions will be held in a secure account until title deed transfer is finalized and then transferred to the seller's account upon completion.

In the new system, banks and land registry directorates will operate in an integrated manner. Real estate consultants will also assist buyers and sellers in the process. Experts warn that understating the sale price or making cash payments could create legal and financial risks.

Secure Payment System becomes mandatory in real estate sales on October 1 — Photo: Haber7

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Haber7 Pro-government first to publish
- Ev alıp satacaklar dikkat! Tapuda yeni dönem başlıyor: Bunu yapmayan ev satamayacak 20 Sept 09:27
Karar Independent second to publish
- Tapuda 'Çantayla Para' devri kapanıyor! 1 Ekim'den sonra bunu yapmayan evini satamayacak 20 Sept 14:59

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21 Sept 2026 Secure Payment System for real estate sales starts on October 1 Under a Trade Ministry regulation, the Secure Payment System, in which purchase funds are blocked until title deed transfer in real estate transactions, will begin on October 1, 2026.
20 Sept 2026 Secure Payment System becomes mandatory in real estate sales on October 1 Under a Trade Ministry regulation effective October 1, 2026, sale amounts in real estate transactions will be held in a secure account until title deed transfer is finalized and then transferred to the seller's account upon completion.