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All reports tagged with: "title deeds"

Buying Mortgaged Property in Cyprus

Question Hi Nigel, I am in the process of buying an off-plan Cyprus property from a developer and the lawyer acting on my behalf has advised me that: “The bank which has a mortgage on the project will issue a declaration confirming that the separate Title Deed issued for the property will not be burdened […]

No Title Deeds–Security

It is a fact that new property take a long time to secure a title deed and this creates serious problems regarding ownership, finance, re-sale and other matters. At this point of time there is a serious debate that it is taking place in the House of Representatives on the subject, but we have not […]

Stuck Waiting for Title Deeds?

Action can be taken through the courts to ensure receipt in a reasonable time to get there hands on long-awaited title deeds, home buyers should seek a court order which obliges the seller to take all duly and necessary actions to obtain the requested permits and approvals including the necessary application for the issuance of […]

The Cyprus Property Title Deeds Issue

IT IS a fact that it takes a long time to secure a title deed for new property and this creates serious problems regarding ownership, finance, re-sale and other matters. At this point of time there is a serious debate taking place in the House of Representatives on the subject, but we have not detected […]

Cyprus Property Tax Refunds

Dear Sir, Question: I am told that I can get a refund on the property taxes that I have been charged by the developer. When I bought my apartment, five years ago, prior to transfer the developer charged me £360 for property taxes. Can I claim this amount back? Answer: There is a government property […]

Cyprus Government “Worrying a Lot” about Title Deeds

The “House of Representatives are worrying a lot about the situation”. This was the message given by Rikkos Erotokritou, the MP for Limassol, during a radio discussion program about Title Deeds on Wednesday evening. Broadcast on ‘Round and About’, the half hour English language magazine programme on CyBC’s second radio channel, those taking part were: […]

Cyprus Could Suffer from Nightmare Property Red Tape

IF THE problem with the title deeds is not resolved soon, Cyprus will suffer irreparable damages both on a local and an international scale, chartered surveyor and property appraiser Antonis Loizou warned yesterday. Loizou was speaking after a meeting of the House Commerce Committee, which discussed the difficulties faced by house buyers. The property appraiser […]

Unscrupulous Developers Need to be Taken to Task

DEPUTIES examining the long delays in the issuing of title deeds to homebuyers appeared to have finally understood the main cause of the problem after Monday’s House Interior Committee meeting. Light was shed on the problem by the director of the Land Registry Department Andreas Christodoulou, who said there were cases of home-buyers who had […]

Title Deeds Nightmare to End Up on Channel 4

BRITISH broadcaster Channel 4 is coming to Cyprus after being contacted by expats who have bought property on the island and not received their title deeds. The property boom over the past few years is one of the main causes of the problem as the authorities struggle to stay afloat, swamped with applications. Last Thursday, […]

Cyprus Property and Title Deeds

Cyprus is one of the few countries in the world that maintains an effective land registry system in which all ‘immovable property’ (a term that relates to land and buildings, trees and plantations, rivers, wells, and all rights relating to land and buildings) is registered. (The system used in Cyprus is very similar to the […]

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