Cyprus Property Forum for Buyers, Sellers & Investors

Thanks, Nigel. The agent has a copy of the waiver, which they gave to our lawyers. We believe that the outstanding debt of the developers is already on two properties which are for sale at a much higher price than the property we are buying even though they are exactly the same.

Hi Nigel, we're really keen to progress with the purchase but have a worry about the waiver/assignment. We have to make a deposit to the agents so they can take it off the market, are you able to advise me about the assignment agreement please before we make the payment? Thanks

Thanks for your prompt reply, Nigel. I've been informed of the following and wonder if you could advise me if this is correct please:

Title deeds will not be issued before completion. You are buying by virtue of an assignment agreement which assigns the rights of the first buyer to you so that ...

Hi, I've made an offer on a semi detached property, approximately 6 years old and a resale - owner is English and has no mortgage (he's going back to UK). I believe there was an issue with the developer having debt on the land but the present owner has acquired a waiver on the property although he ...