Title Deed

Title deeds are issued under Article 106 of the OSB Implementation Regulation.

In OSBs that used Ministry loans, participants who have paid the allocation price in full, or provided a letter of guarantee for the remaining debt, and submitted a notarised undertaking to contribute without objection to the land prices and other investments set by the OSB, receive mortgage-free title deeds: without a buy-back annotation if they have completed their investment and started production, and with a buy-back annotation if they have not.

At Bafra OSB, the mortgage is released and the title deed transferred three months after production starts.

When a title deed is issued with the buy-back annotation removed, the record states that "transfer of the property to third parties, including by forced sale, requires the OSB's approval". In that case the new owner is deemed to have accepted the previous participant's undertakings.

Documents required by the Bafra Land Registry

  • Request letter (issued by the OSB)
  • Signature circular
  • Power of attorney (if the owner will not sign in person)
  • Copy of ID (with contact details of the signatory)
  • 2 passport photos (taken within 6 months)
  • Authorisation certificate (from the Chamber of Commerce)
  • OSB Board of Directors decision

Documents required by the Zone Directorate

  • Petition
  • Occupancy permit
  • Photos of the factory
  • Undertaking

Change of property type on the deed

Apply to the Bafra Cadastre Directorate with a petition.

  • Land title deed
  • Occupancy permit
  • Original or copy of ID card
  • Signature circular