Application deadline extended for sale of farmland

Law No. 7394 on “Assessment of Real Estate Belonging to the Treasury and Amendment of the Value Added Tax Law” and “Law on Amendments to Certain Laws and Decrees” entered into force after being published in the Official Journal for the month of April. 15, 2022 and numbered 31810.

Murat Kurum, Minister of Environment, Town Planning and Climate Change, who shared on his social media account, in his first post, said, “We are solving the property issues of our citizens with the regulation on the sale of 2/B and agricultural land belonging to the Treasury to the heirs. Good luck… We are extending the application and payment period to December 31, 2022 for the sale of 2/B and farmland to beneficiaries. mentioned.

In his second sharing, the Minister of Settlement used the following statements:

“We ensure the continuity of agricultural production with the rental of agricultural land belonging to the Public Treasury. We will rent the farmland belonging to the public treasury to our farmers, who have used it for three years before December 31, 2019, at half the price they paid.

With the new regulations; In the sale of 2/B and agricultural land to rights holders, the application and payment period is extended until December 31, 2022.

The Ministry of Environment, Town Planning and Climate Change had previously put in place many practices related to solving citizens’ property issues. One of them was the sale of so-called 2/B land and agricultural land belonging to the Treasury. In this context, a total of 685,000 real estate properties have been sold so far and 955,000 citizens have obtained their titles. However, the application and payment period has been extended until December 31, 2022 so that 314,000 citizens who have missed the application and payment deadlines due to the pandemic do not suffer unfair treatment.

With the new arrangement; The period for requesting the purchase of Treasury buildings for which the Certificate of Registration has been obtained is extended until December 31, 2022.

Citizens who previously owned structures on treasury buildings were granted the right to purchase, and the purchase application period expired on December 31, 2019. With the new regulation, the application period for citizens who have a certificate registration for the purchase of these properties has been extended until December 31, 2022.

20% DISCOUNT ON CASH PAYMENT

The new arrangement too; In order to facilitate the payment of citizens when selling treasury buildings, it offers a 20% discount on cash payments.

In the auction of Treasury buildings, prices could be paid in installments and in the event of a 25% down payment, payment could be made in 8 installments for 2 years, but no discount was granted for the cash payment. The new regulation, which makes it easier for citizens to pay cash, will provide a 20% discount on cash payment when selling Treasury buildings through auctions.

Besides; In the sale of treasury buildings on which limited real rights are established, to investors, in the sale of treasury buildings with a share ratio of less than 40 percent or with a share amount up to 400 meters squares, in sales to owners of buildings with title annotation of excess of deed, in the sale of treasury buildings for which the CU has been obtained, to the rightful claimants, If the sale price is paid in advance , a 20% discount will be applied to this price.

With the new regulation, the application period for the “direct rental of agricultural land belonging to the Treasury to farmers” has been abolished.

With the regulation passed in 2018, farmers using Treasury-owned farmland had the option of renting for 10 years more than half the price of ecrimisil, and 595 million square meters of Treasury buildings were leased to 55,000 farmers. With the regulation adopted at the beginning of the year, the legal interest rate on lease contracts was reduced from 22% to 9%. This time, the deadline for submitting the application has been removed and the scope has been widened to allow farmers who used Treasury buildings to rent for 3 years before December 31, 2019. Thus, around 150,000 farmers were able to benefit from contractual rights such as agricultural production aid and agricultural insurance.

In addition, farmers who fulfill their obligations at the end of the lease can extend the lease again, or those who have used it for 10 years can buy directly. With this app; It aims to ensure the continuity of agricultural production on agricultural land belonging to the Treasury.

Also, with the new regulations; “Treasury buildings leased for commercial activities” can be sold.

The tenants of the Treasury buildings, which are let for commercial purposes by way of call for tenders and operated on a fixed price basis for 3 years, will benefit from a priority purchase right in the offers to sell these buildings.




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