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All reports tagged with: "title deed"

MEP questions clearance of Title Deed backlog (updated)

Update 24 April. MEP Robert Sturdy has raised a question in the European Parliament requesting the Commission for an update on the current state of affairs concerning the clearance of Cyprus’ Title Deed backlog.

Troika back-tracks on Title Deed backlog

The Troika has dashed the hopes of those waiting for Title Deeds to be issued for the reported backlog of 130,000 ‘deed-less’ properties as it has changed the scope and definition of ‘the backlog’.

Cyprus Title Deeds bank extortion (updated)

Update – 13 February. Receivers acting for the Alpha Bank are threatening to sell the homes of people who purchased property from defunct developer unless those people pay off the developer’s defaulted mortgages, their taxes and other creditors.

UK to assist Cyprus on title deed delays

The Cyprus government has accepted an offer by the UK to assist in efforts to resolve the title deed and numerous property issues faced by home buyers of all nationalities in Cyprus.

Property sales crash 44 per cent

The number of properties sold during the first ten months of the year has fallen sharply, down 44 per cent on the numbers sold during the same period last year with no prospects of a recovery in the foreseeable future.

Town Planning Amnesty extended to 2014

The period during which ‘Statements of Intent’ can be submitted under the provisions of the Town Planning Amnesty to legitimise minor planning infringements has been further extended until 30th April 2014.

Cypriot property Title Deeds (updated)

Daniel Hannan, MEP for South East England, has raised a question in the European Parliament to eradicate any doubt that Title Deeds issued as part of Cyprus’ bailout conditions will be unencumbered.

Cyprus bailout terms call for title deed delay reduction

Will a reduction in the backlog of Title Deeds to less than 2,000 of cases pending for more than one year, as required by Cyprus’ bailout terms, resolve the Title Deed problem once and for all?

Troika in moves to address Title Deed issue

Suggestions to resolve the Title Deed-cum-fraud mess have been put forward by the troika in their draft memorandum to the government following a review of the Island’s economy published in July.

Property sales plunge to new depths

The number of properties sold in Cyprus in July plunged to new depths, with the number of contracts of sale deposited at Land Registry offices down more than 30 percent compared to July 2011.

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