Pursuant to Catastrophe Insurance Law No. 6305, Compulsory Earthquake Insurance is required for land registry transactions and electricity and water subscrıptıon procedures.

In addition, during a sale transaction at the Land Registry, the relevant Land Registry Directorate shall verify whether there is a valid and newly issued Compulsory Earthquake Insurance (CEI) policy in the name of the purchaser of the dwelling.

Upon registration of the sale transaction with the Land Registry, the seller’s Compulsory Earthquake Insurance policy shall terminate. The seller should apply to the relevant agency or insurance company and verbally request cancellation without being required to submit any supporting document.

A preliminary agreement for sale is a preliminary contract and does not, by itself, transfer ownership of the dwelling. Ownership is transferred upon registration of the sale with the Land Registry.

Since the Compulsory Earthquake Insurance policy is issued in the name of the owner of the dwelling registered with the Land Registry, the buyer is not required to obtain a policy in his/her own name at the preliminary agreement stage.

For sales registered with the Land Registry on or after 5 September 2026, the seller’s policy shall terminate on the date on which the land registry transaction is completed. Therefore, the purchaser of the dwelling must obtain Compulsory Earthquake Insurance in his/her own name before the land registry transaction.

During the transaction, it shall be verified whether there is a valid policy issued in the name of the purchaser. The same rule shall apply whether the sale transaction is carried out before the Land Registry Directorate or before a Notary Public.

Upon application, the premium corresponding to the unused days of the terminated policy shall be refunded. The application may be made by the insurant or by the person selling the dwelling. The refund shall be made to the insurant

In the event of a damage occurrence, payment (compensation) is made if the necessary conditions are met. The validity of one (1) policy is not limited to one (1) claim. If the repair is carried out after the claim payment is received, the pay-out for the next damage could be paid as a result of the inspection of the repaired places by the loss adjuster. These earthquakes may occur in the same policy duration or in successive policy durations. However, where the building has been heavily damaged (reduced to rubble) in any earthquake and the entire insurance amount is paid as compensation, the coverage of the policy would end.

Compulsory Earthquake Insurance is a compulsory policy and cannot be cancelled. It can only be cancelled in case of duplication and the elimination of risk pursuant to Article C2 Declaration Obligation of the Insured and Cancellations of General Conditions.

In the case of the sale of a dwelling or an equivalent transaction, the insurable interest of the seller, and accordingly the seller’s policy, shall terminate upon registration with the Land Registry. Therefore, the seller shall no longer have any entitlement under the policy.

Since the contract terminates, the insured, as the former owner, must have a partial cancellation addendum issued through the insurance company with which the policy was arranged or through the relevant agency, broker or bank channel.

In cases other than sales and equivalent transactions, a Change of Beneficiary addendum shall be issued and the policy shall continue in the name of the new beneficiary.

Similarly, amendments to the information contained in the policy and corrections of any errors may also be made by means of such an addendum. Any amendments made shall take effect as of the date of the addendum.

Compulsory Earthquake Insurance is a compulsory policy and cannot be cancelled. It may only be cancelled in cases of duplication, elimination of the risk, exclusion from the scope of insurance, or change of beneficiary following a sale, pursuant to Article C.2, “Declaration Obligation of the Insurant, Termination and Cancellations,” and Article C.4, “Change of Beneficiary,” of the General Conditions.