What is an Escrow Account? An escrow account in Turkey is a safety tool between a buyer and a seller. A third party (a bank or an escrow service provider) manages this account. The buyer pays but the funds are held in the account until the seller fulfills the conditions. So both parties are protected […]
Escrow Service in Turkey: Legal Framework Explained When engaging in real estate transactions in Turkey, it’s essential to have a clear understanding of escrow services and the associated legal framework. Turkey’s escrow system provides security for both buyers and sellers, ensuring funds are securely held until all contractual obligations are met. What Is Escrow and
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