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All reports tagged with: "time bomb"

Swiss franc loan time bomb

Time is running out for those with Swiss Franc loans and loans in other foreign currencies who wish to bring a claim against the lending bank within the six year limitation period under the Limitations Law 66(1) 2012.

The importance of property rights

The lack of Title Deeds is important, as it means that property rights are not protected – both for the owner and the financial institution that has granted a loan using a property as collateral.

Limitation time bomb six month fuse delay

The one year transition period provided for in the limitation law that Cyprus introduced in 2012 has been extended by six months following an agreement reached by parliament earlier this week.

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