Hi there,
I am an owner on a complex and we are pretty sure the developer or managing agents have not taken out any public liability insurance.
Our sale contract states that we as purchasers have acquired the right of common ownership of areas such as the hallways and stairs.
There are two issues with the development:- 1. the lack of electricity to the common areas (due to the electricity board cutting it off due to non payment by the management company - who in turn say they weren't paid the mgt. charges by the owners) and 2. a pile of rubbish, excrement etc in the basement caused by beggars gaining access and living there.
If there was an accident caused by the lack of light due to no electricity, or a health problem caused by the waste in the basement, who would ultimately be held accountable legally? the developer, the managing agent, or the owners jointly?
Public Liability
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Re: Public Liability
Hi name?
There is an article in my magazine that may help - along with a direct link to Louise Zambartas. I know that Louise is very busy at the moment and doesn't have time to visit the forum as often as she would like.
See http://www.news.cyprus-property-buyers. ... /id=003397
Apart from Title Deeds, the most frequently asked questions are about the management of apartments and other complexes. The whole system is a nightmare and absentee landlords who refuse to pay maintenance charges are a common problem.
Regards,
There is an article in my magazine that may help - along with a direct link to Louise Zambartas. I know that Louise is very busy at the moment and doesn't have time to visit the forum as often as she would like.
See http://www.news.cyprus-property-buyers. ... /id=003397
Apart from Title Deeds, the most frequently asked questions are about the management of apartments and other complexes. The whole system is a nightmare and absentee landlords who refuse to pay maintenance charges are a common problem.
Regards,
Nigel Howarth
Independent information & advice for Cyprus property buyers
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Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news