Secure Real Estate Payment Process with the Title Deed Takas System

The Title Deed Escrow System offers a secure, fast, and transparent transaction process between parties by simultaneously executing payment and title transfer in real estate transactions.

What is the Title Exchange System?

The most critical issue in the real estate buying and selling process is the simultaneous and secure transfer of the title and payment. The Title Exchange System, developed as a solution to this need in Turkey, is a secure payment infrastructure implemented in collaboration with the General Directorate of Land Registry and Cadastre and Takasbank.

With this system, the sale price sent by the buyer is blocked in a secure account created at Takasbank and is automatically transferred to the seller's account after the title transfer is completed. Thus, risks are minimized for both the buyer and the seller.

How Does the System Work?

The Title Exchange System has a step-by-step structure that guides the user. The process is quite simple:

• The parties register in the system and initiate the transaction
• The buyer sends the sale price to Takasbank
• The sent amount is blocked in the system
• The title transfer is executed
• After the transfer is completed, the payment is automatically transferred to the seller

Throughout this process, the parties are informed via SMS and email. Thus, every stage of the transaction can be transparently monitored.

Fee Information

When using the Title Exchange System, a fixed service fee is charged regardless of the transaction amount. This fee is applied separately for both the buyer and the seller and is non-refundable even if the transaction is not completed.

During payment, it is important to correctly write the reference number provided by the system in the description section. Otherwise, there may be issues with transaction matching.

Advantages for the Seller

The Title Exchange System offers significant security advantages, especially for the seller:

• Eliminates risks such as counterfeit money or carrying cash
• Provides the opportunity to sign with confidence by seeing that the payment is blocked in the system
• Ensures that the payment is automatically transferred to the account immediately after the title transfer
• Eliminates security issues that may arise with the buyer
• More cost-effective compared to alternative methods such as notary or blocked checks
• The entire process can be easily tracked digitally

Advantages for the Buyer

The system also offers significant conveniences for the buyer:

• Eliminates the obligation to carry large amounts of cash
• Provides protection against the risk of the seller not completing the transaction
• Money is not transferred to the seller until the title transfer is completed
• If the transaction is canceled, the sent amount is refunded
• The entire process can be tracked in a digital environment
• Transactions are completed quickly and in a user-friendly manner

Why Should the Title Exchange System Be Used?

Today, security, speed, and transparency are among the most important criteria in real estate transactions. The Title Exchange System is one of the rare solutions that simultaneously meets these three needs.

Especially in high-value transactions, transforming the trust between the parties into a systematic guarantee provides a significant advantage. For this reason, it is increasingly preferred by both individual buyers and professional real estate consultants.