What it means for you
A mortgage follows the property, not the person. If you buy real estate with a mortgage still registered on it, the security stays in place — which is why clearing or accounting for it is part of a safe purchase.
Commonly confused with
It is not a bank product only. A mortgage can secure any debt, including one owed to a private party.
Where you meet this word
On the registry extract, alongside any attachments and annotations.
Statute: Turkish Civil Code (TMK) No. 4721
How we help with this: Real Estate
