Search found 2273 matches

by Nigel Howarth
12 Jun 2018 09:35
Forum: Communal Property Management
Topic: Non Fee payers - the continuing battle
Replies: 3
Views: 66

Re: Non Fee payers - the continuing battle

Hi digit The law is useless! It only works when people are prepared to pay. I'm not sure what you are proposing is legal. But if it is possible to call a general meeting you could amend the Regulations to include the clamping of vehicles brought onto the complex by non-payers and forcibly remove non...
by Nigel Howarth
11 Jun 2018 08:38
Forum: Communal Property Management
Topic: Non Fee payers - the continuing battle
Replies: 3
Views: 66

Re: Non Fee payers - the continuing battle

Hi digit By 'General Agreement', I assume you are referring to the 'Regulations' as described in 'Section 38 Buildings Under Joint Ownership' of the 'Immovable Property (Tenure, Registration and Valuation) (Amendment) Law of 1993' an English translation of which can be found by clicking here - and t...
by Nigel Howarth
11 Jun 2018 08:29
Forum: Building Custom Homes
Topic: How to become land developer
Replies: 1
Views: 35

Re: How to become land developer

Hi zabutt & welcome to the forum. Anyone can start a property development business. However if you're planning to carry out the building work yourself the you will need to register as a building contractor - I don't know if this will be possible. Most property developers contract the construction wo...
by Nigel Howarth
06 Jun 2018 08:57
Forum: Property Ownership
Topic: Title Deeds if Selling a Property
Replies: 2
Views: 82

Re: Title Deeds if Selling a Property

Hi mevz If you get your deeds now, you can work out what your Property Transfer Fees are likely to be by using the on-line calculator provided by the Department of Lands & Surveys . If you don't get your deeds your purchaser can use an assignment agreement when they purchase. The fee is 0.5% on the ...
by Nigel Howarth
30 May 2018 18:18
Forum: Louise Zambartas' Legal Questions
Topic: Swiss Franc Mortgage
Replies: 1
Views: 199

Re: Swiss Franc Mortgage

Hi Shauny79 and welcome to the forum I am somewhat concerned to hear that your dad has an agreement with a UK firm on a 'no win no fee' basis, but the firm has now come back asking for £750 to determine the legality of the mortgage plus a possible further c£10k for barrister fees if it goes to court...
by Nigel Howarth
21 May 2018 12:37
Forum: Property Ownership
Topic: Title Deeds and the LRO
Replies: 8
Views: 1619

Re: Title Deeds and the LRO

Hi Howard One thing you may be able to do is take the developer's tax invoice and a certified copy to Land Registry and see if they will allow you to deposit the taxes into their escrow account that will be given to the developer when the transfer takes place. You will need to discuss this with your...
by Nigel Howarth
21 May 2018 12:30
Forum: General Property Questions
Topic: Looking to Buy Property in UAE
Replies: 1
Views: 219

Re: Looking to Buy Property in UAE

Hi KhalifaaSheikh

This forum is for people buying and selling property in Cyprus - I doubt anyone here can answer your questions about buying property in the UAE.

Regards,
by Nigel Howarth
19 May 2018 08:17
Forum: Introduce Yourself
Topic: Introduction and Hi Hello
Replies: 1
Views: 184

Re: Introduction and Hi Hello

Welcome to the forum Khalifa

We'll try and answer any questions you have about buying property in Cyprus.

Regards,
by Nigel Howarth
17 May 2018 09:09
Forum: Mark Nowell's Financial Questions
Topic: euro currency cards
Replies: 2
Views: 217

Re: euro currency cards

HappyCamper wrote:
16 May 2018 18:19
are they in common use in cyprus? others use them successfully?
I don't know anyone who uses pre-paid currency cards.

Regards,
by Nigel Howarth
15 May 2018 18:56
Forum: Communal Property Management
Topic: Bank account to run a complex
Replies: 7
Views: 445

Re: Bank account to run a complex

J B wrote:
15 May 2018 11:44
PS - we tried to 'register' the committee, but the Paphos Land Registry said it 'was not possible'! :roll:
There is no need to register a Management Committee.

Regards,
by Nigel Howarth
12 May 2018 08:16
Forum: Property Ownership
Topic: buying without title deeds
Replies: 2
Views: 144

Re: buying without title deeds

Hi icebuddy There are risks involved in buying off-plan and there is no way to guarantee clean Title. But having said that some improvements have been made to the laws in recent years. E.g. If the land on which the vendor is building is mortgaged to the bank, you can now pay a proportion of that mor...
by Nigel Howarth
09 May 2018 09:32
Forum: General Property Questions
Topic: Buying a house in Souni
Replies: 1
Views: 118

Re: Buying a house in Souni

Hello Flora and welcome to the forum. The first thing you need to do is instruct a lawyer to act on your behalf (see the note in red at the foot of the page.) The British High Commission in Nicosia publishes a list of English-speaking lawyers that you can find at List of lawyers in the Republic of C...
by Nigel Howarth
05 May 2018 15:11
Forum: Communal Property Management
Topic: Bank account to run a complex
Replies: 7
Views: 445

Re: Bank account to run a complex

Non-resident owners can have a proxy vote.

Regards,
by Nigel Howarth
05 May 2018 15:09
Forum: General Property Questions
Topic: Contract of Sale
Replies: 7
Views: 464

Re: Contract of Sale

If you are still in Cyprus I suggest you visit your lawyer. If not, phone him.

It can take a few weeks to ship money out of Cyprus as the Central Bank needs to record it. (But you say you've received most of the money?)

Regards,
by Nigel Howarth
04 May 2018 19:47
Forum: Communal Property Management
Topic: Bank account to run a complex
Replies: 7
Views: 445

Re: Bank account to run a complex

Hi digit The law allows you to overcome the problem of lack of attendance: 20. Unless otherwise provided by this Law or the Regulations, no business shall take place at any general meeting if there is no quorum of the persons who are entitled to vote at the time when the meetings deals with the busi...