- Cyprus Property News Magazine - http://www.news.cyprus-property-buyers.com -

Town Planning Amnesty: further extension announced

THE government has extended the deadline by which Statements of Intent may be submitted under the provisions of the ‘Town Planning Amnesty’ laws that were introduced a year ago.

Applicants need to notify the Interior Ministry of their no later than 31st October 2012 of their intention to submit a full application under the provisions of the Amnesty. They will then have until 31st December 2014 to submit a full application.

The submission of a Statement of Intent does not commit the applicant to submit a full application. However, if a Statement of Intent has not been submitted by 31st October 2012, the right to submit a full application will be lost.

The following announcement has been published on the Interior Ministry’s website (translation):

URBAN AMNESTY

The Interior Ministry announced that the House of Representatives approved on 5/4/2012, Bill or amending Article 10D of the Regulation of Streets and Buildings Law, which concerns the Planning Amnesty as follows:

1. The expiration date for the submission of Statements of Intent is 31/10/2012.

2. The date of expiry of the period is to reduce the claim to compensation by 20% is the 31/12/2012.

3. The date of expiry of the period is to reduce the claim to compensation by 10% is the 31/12/2013.

4. The expiration date for the submission of applications to the respective building or planning authorities is 31/12/2014.

Similar arrangements have been made under Article 45A of the Town and Country Planning Act.

The revised deadline for submitting a Statement of Intent is 31st October 2012.

The ‘Town Planning Amnesty’ aims to legalise real estate property that lacks a Title Deed due to town-planning or building irregularities.

For further information on submitting a Statement of Intent, please refer to the article Town Planning Amnesty: six month extension agreed dated 8th October, 2011.