Rule
A foreigner who has obtained a title deed or a lease certificate under the law may mortgage that property or right after paying the Land Registry fees, and may also take property as mortgagee.[1]
Foreigners may mortgage what they own and take mortgages
Rule record · last verified 14 September 2026
In force since 10 November 2008.
Where this rule comes from
- Instrument
- Immovable Property Acquisition and Long-Term Lease (Aliens) Law, No. 52/2008, consolidated with amending Law 39/2024, Article 10
- Authority
- Assembly of the Republic (Cumhuriyet Meclisi), TRNC
- Jurisdiction
- Turkish Cypriot administration (TRNC)
- Basis
- Legislation · asserted by us within this jurisdiction
- Verification
- Primary source verified. We read the primary text ourselves on 14 September 2026.
- Legal review
- Not yet reviewed by a named legal reviewer.
Regulatory events
History of this rule
- — First published from the primary text. (version 1, First published)
Sources for this rule
Numbered in order of first use. Each entry names the kind of source it is and the day we read it.
- [1]Immovable Property Acquisition and Long-Term Lease (Aliens) Law, No. 52/2008, consolidated with amending Law 39/2024
Central Legislation Office, TRNC · Legislation and gazettes · 10 November 2008 · original in Turkish · accessed 14 September 2026 · source record
Cite this record
https://northcyprusreference.com/en/rules/foreigners-may-mortgage
Identifier foreigners-may-mortgage · Open data · challenge this rule