Latest Headlines

EC asked to rule on unfair commercial practices

The Island’s property laws and consumers’ rights are about to come under the scrutiny of the European Commission following a written question to the European Parliament by Irish MEP Seán Kelly.

IN A WRITTEN question to the European Commission Irish MEP Seán Kelly has highlighted the fact that the current legal provisions in Cyprus to protect buyers’ rights are totally inadequate, despite assurances made to the EU by the Republic.

He has called on the Commission to confirm that the failure to transfer legal ownership of immovable properties immediately after purchase is an unfair practice.

Question for written answer
to the Commission
Rule 117
Seán Kelly (PPE)

Subject: Cypriot property developers and unfair commercial practices

Pursuant to Directive 2005/29/EC on unfair commercial practices and Cyprus Law 103 (I)/2007, which states that many buyers in Cyprus are without the title deeds to their homes, the current legal provisions in Cyprus to protect buyers’ rights are totally inadequate, despite assurances to the EU by the Republic of Cyprus.

The head of the Cyprus Consumers Association recently admitted to the media that he had not heard of the law, despite Article 17 of the directive mandating that the state inform consumers.

Can the Commission confirm that the failure to transfer legal ownership of immovable properties immediately after purchase is an unfair practice in all circumstances, regardless of what contract was signed?

Further reading

Written question to European Commission E-007067/2011: Cypriot property developers and unfair commercial practices

About Seán Kelly

Seán Kelly was elected as a Fine Gael candidate at the 2009 European Parliament election for the South constituency. He is a member of the European Parliament’s Committee on Regional Development and the delegation for relations with the United States. He also serves as a substitute member of the Committee on Culture and Education and the delegation for relations with Canada.

He has been highly active since entering the Parliament, having spoken in the plenary session 309 times, and having tabled 314 parliamentary questions as of July 2011.

Readers' comments

Comments on this article are no longer being accepted.

  • Costas Apacket says:

    I hope Sean Kelly likes Simon & Garfunkel, because all he’s likely to hear is the ‘Sound of Silence’.

    Will the new lot of Governmental Puppets be any different?

    Hold on…what’s that Sweep? …. No Chance?

  • out of the frying pan into the fire says:

    In response to this they will do what they do best . LIE . And nothing.Well done Sean Kelly.

  • John Swift says:

    I said in 2008 that the only way to get the title deed issue sorted out fairly was through the EU, I was laughed at back then but not now.

  • @Andrew – yes it will. The legal ownership of properties should be transferred immediately after purchase.

  • Andrew says:

    Will this include Title Deeds for properties that were purchased, encumbered by developer mortgages, which were not disclosed?

    Well done Sean Kelly. Stay with it!

  • Martyn says:

    Good, well done Sean Kelly!

  • Costas Apacket says:

    And the pressure continues to build.

    I believe that the Cypriot Government have stored all the outstanding Title Deeds in containers next to the Presidential Palace.

    Let’s hope they don’t blow up in the face of the Government.

    I know, I know… what Government!!!

  • The views expressed in readers' comments are not necessarily shared by the Cyprus Property News.

  • Text size

Back to top