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29th March 2024
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Yearly Archives: 2009

Interest groups doubtful on Title Deeds legislation

Property groups in Cyprus remain sceptical of the effectiveness of the Title Deed legislation being proposed by the Interior Minister Neoclis Sylikiotis following his briefing to them last evening.

Built on greed and nepotism says Cyprus protester

The property industry in Cyprus is built on greed and nepotism. The developers borrow money from the bank using people’s homes as collateral and the banks and lawyers are part of the deception. I have proof that my home has been mortgaged by my developer.

Title Deed reforms worth millions next year

Based on assumptions about the charges levied for the issue of Title Deeds & expectations of the number of properties that will be processed, Neoclis Sylikiotis believes that the Cyprus Government could receive €160 million next year alone as a result of his reforms.

Bank actions cast doubt on Interior Minister assertion

The case of a divorced young woman reported in the Cyprus Weekly casts serious doubt on the Interior Minister’s assertion that it is not a simple matter for a bank to liquidate a property to recover a debt in Cyprus.

Finding lawyers in Cyprus

People buying property in Cyprus are generally unaware of the island’s different business culture and the fact that many lawyers work for the developers’ interests rather than those of the buyers.

Question for the Interior Minister

I have paid in full for my house in 2006, the site on which my house is built is now complete, I have a contract drawn up by a Cyprus Bar registered solicitor and lodged with the Land Registry. WHEN CAN I HAVE MY TITLE DEEDS?

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