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Economy 1 source 2 stories

Secure Payment System for real estate sales starts on October 1

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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.

The system will block the payment amount and transfer it to the seller after the title deed transaction. The start was postponed from July 1 to the end of September. Thus, it aims to reduce risks for buyers and sellers.

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Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
Nefes21 Sept, 14:00 Milyonlarca kişiyi ilgilendiriyor. Tarih belli oldu

Story thread 2 stories

  1. 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.
  2. 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.

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