THOSE buying property in Cyprus often encounter delays and problems when trying to obtain their all important Title Deeds. In one case I know of personally, an elderly widow has been waiting for the Title Deeds for the property that she and her late husband purchased back in 1982! – and delays in excess of 10 years are not uncommon.
Those who follow the English language news media and the Cyprus Property News Magazine will have read how property developers point the finger of blame for delays in issuing Title Deeds at the planning authorities, local authorities, Land Registry and the government – while the government, planning authorities and local authorities blame the delays on property developers.
Free Title Deeds Seminar
To clarify the legal process by which Title Deeds are obtained, a free seminar will be held on 29th October in Paphos. The event will be presented by Savvas Savvides, a partner with the law firm of Michael Kyprianou & Co. The Cyprus Interior Minister, Neoclis Sylikiotis, has been invited to attend along with a number of property developers.
The seminar will present a step by step process for obtaining Title Deeds for property in Cyprus together with actions that may be taken if one of those steps fails. At the end of the seminar there will be a question and answer session.
The aims of the seminar are to clarify the legal process for obtaining Title Deeds and to dispel much of the misinformation and bad press in recent UK media coverage and incorrect information being given by some property developers and real estate agents.
The event is being run in conjunction with the Bank of Cyprus and it is hoped that it will be the first of many similar events to be held in Paphos and other areas of Cyprus where Title Deeds are an issue.
The seminar is completely free of charge and anyone may attend. It will be held on Wednesday 29th October in the Conference Room of the Paphos main Branch of the Bank of Cyprus at Evagora Pallikaridi Avenue and Tselepos Corner, Paphos.
The event will start at 6:30pm and last approximately 3 hours.
Those wishing to attend need to complete and return the booking form above to Savvas Savvides as indicated. (Click on the form to enlarge it).
Update 22nd October, 2008
Due to the high demand for places, the seminar will now be held at the Annabel Hotel; registration will start at 17:00.