Understating the price on the title deed looks like a saving on fees and is nothing of the kind. It is a tax problem first: the title deed fee is charged on the real price, so an understated figure means the fee is short, and that brings a tax penalty, late-payment interest and liability under the Tax Procedure Law.
It is also an evidential problem, because a transaction recorded at an unreal price can be treated as simulated, which makes anything you later need to prove harder to prove. And it quietly removes the buyer’s own protection. If the property turns out to be defective, or a third party succeeds in taking it (dispossession), the claims for damages and restitution under the Turkish Code of Obligations (No. 6098) risk being limited to the price on the record — the one you understated. That is why we structure the transaction at the real price, and in a way that is correct for tax purposes as well.
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