Cyprus Property Forum for Buyers, Sellers & Investors

Hi Nigel

Thank you for your reply.

However, you have not addressed the section that refers to 'Public liability' There is no public liability for our complex. I believe that this is a legal requirement! Who would be held responsible should there be a claim? Would the developers be responsible and ...

Hi Nigel

You have stated in an earlier post that 'The developer is responsible for managing & maintaining the communal parts of the development until Title Deeds are issued. It's then up to the owners to manage things. . Is there a legal document that states this?

There is no public liability for ...

Hi Nigel

Thank you so much for your explanation: it all makes sense. I had been told that while there were mortgages on the land we would not be able to get our title deeds however, now having read your explanation this is not exactly true for as you say the developer will have the title deeds ...

Hi Nigel

I cannot understand why the developer cannot be held in breach of contract when he has taken out additional mortgages on the land which will, as I understand it, prevent him applying for separate title; which according to our contract he has agreed to do within two years of completion ...

Hi Nigel

Thank you for your reply.

It is difficult to know what to do next. Who CAN you trust?

Hi Ruthie

Thank you so much for your kind and detailed reply.

I will e-mail you shortly. Thank you.

Hi Nigel

Please see below a couple of extracts from our contract. You will note from the extracts that we should have received our title deeds two years after completion. It is now nearly four years after completion.

Any other expenses or fees or dues or taxes in respect of, or imposed or charged ...

Hi Nigel

When we were purchasing our property I had our lawyer conduct the usual searches. He discovered that the developer had taken out a mortgage on the land which the developer assured us via e-mail (which I still have) that the mortgage would be repaid by clients purchasing the properties by ...

Dear Nigel & Ruthie
Thank you both so much for your replies.
I have been told in no uncertain terms that the Management Agreement has to be registered at the land registry to be legal which is where the original is held and until the new one is registered it is not legal. I have a copy of the PDF ...

Dear Nigel

Would we legally be able to form a Management Committee prior to our title deeds being issued? Are the Management Company legally obligated to carry out their duties until our title deeds have been issued? I understand that the management agreement has to be lodge with the Land registry ...

Dear Nigel

I am Laura.
Please would you advise us?
A while ago we purchased a property off plan. I had a penalty clause written into the contract for late completion. I also with held a sum of money to be paid a year after completion. The developers were approximately six months late regarding ...