One of the income sources of the Martyr Veteran and Fight Against Terror Foundation is the income generated from the real estate donated to our Foundation. Real estate that has no legal issues (including zoning issues), has no multiple shareholders, and is completely owned by the donor, is considered as a donation that can generate income for the Foundation.

Real estate donations are made unconditionally, by establishing a usufruct right or by preparing a will.

1. Unconditional Donation:

In this type of donation, where the full ownership rights of the donated real estate are transferred to the Foundation, the donor can go to the relevant land registry office with the Foundation officials and transfer the title of the property to the Foundation.

2. Usufruct Donation:

In this type of donation, where the usufruct right of the donated real estate remains with the donor, the donor goes to the relevant land registry office and transfers the bare ownership of the property to the Foundation. Since the usufruct right of the property belongs to the donor, the donor can reside in or rent the property until their death, but cannot dispose of the property by selling or transferring it and cannot make changes to the structure on the property. Upon the death of the donor, the usufruct right on the property will be lifted by the Foundation officials, and all rights of disposal and use of the property will belong to the Foundation.

3. Donation Made by Will:

In this type of donation, which is made by preparing a will at a notary, the donor specifies the conditions under which their movable and immovable assets will remain with the Foundation. When preparing the will, a report stating “The Mental Capacity is Intact” and two witnesses are required. The notary informs the civil registry office about the will in writing. The donor may inform the Foundation about their will or send a copy of their will to the Foundation. This information and documents are kept in the Foundation’s archive.

4. Considerations in Real Estate Donation:

a. The property must have a title deed but should not have multiple shareholders.
b. There should be no mortgage, encumbrance, seizure, or tax debt on the property.
c. There should be no legal problems related to inheritance or other matters on the property.
ç. The property should not be located within a site area, green area, flood zone, municipal expropriation area, security, or archaeological area from a zoning perspective.
d. The property should have the potential to be rented out or sold in a short period based on a certain market price.