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Directorate General of Foundations sought title registration for Istanbul's Saraçhane building

Photo: Gazete Oksijen

The Directorate General of Foundations (VGM) applied to the Fatih Land Registry Office for registration of Istanbul Metropolitan Municipality's (İBB) main Saraçhane building in its own name.

The application cited Article 30 of the Foundations Law. The building remains registered to Istanbul Metropolitan Municipality in the land registry. If completed, ownership will pass to the Directorate General of Foundations.

Directorate General of Foundations sought title registration for Istanbul's Saraçhane building

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