New Era in Lease Agreements: Contracts can now be made via E-Government
Lease agreements can now be made more securely and easily in the digital world. With the new application announced by the Minister of Treasury and Finance Mehmet Şimşek, landlords and tenants will be able to prepare and approve their lease agreements through the e-Government portal. This digital transformation aims to reduce time loss and security risks on lease agreements.
How is the Lease Agreement Made via E-Government?
The landlord uploads the lease agreement to the system via e-Government. The tenant approves this contract from his/her e-Government account. Thus, with the approval of both parties, the lease agreement is officially completed. In this process, a time-stamped and barcoded document is created, ensuring the accuracy and reliability of the lease agreement. The validity of lease agreements can be easily checked thanks to the verification process on the E-Government portal.
Real Estate Consultants will be Involved in the Process in the Second Phase
The first phase of this new service provides a digital contract process between landlord and tenant. However, with the second phase, which is planned to be launched at the end of the year, real estate consultants will also be included in the process. In this way, real estate consultants will be able to prepare and present lease agreements to both the landlord and the tenant, and the parties will be able to approve the agreement via e-Government.
Purpose and Contributions of the New Service
The biggest factor in launching this digital application is to minimize disputes over lease agreements. It also aims to facilitate transactions by eliminating the obligation for consumers to forward their lease agreements to official institutions. Experts state that this new service will also be an important data source for the creation of the Real Estate Value Map of Turkey.
As CEESS Global, we continue to inform our customers by closely following all innovations in the sector and to make real estate transactions more secure by using technology effectively. We are proud to be a part of digitalization in the real estate sector and aim to provide faster, safer and more practical solutions for our customers.