Refund part of cae

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jojo
Posts: 6
Joined: 12 May 2014 09:07

Refund part of cae

Post by jojo »

Hi, now I have completed my property sale I am in the process of winding down my affairs in Cyprus.
I have paid in full my cae and block insurance for 12 months.
As the sale completed in June, I am now due a refund of approx 6 months.

However having contacted the committee they tell me this refund should have been negotiated with purchaser.

I fail to see what cae's have got to do with sale of property?

Where do I stand on this legally



Comments appreciated

Thanks in advance

jojo
Nigel Howarth
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Posts: 3063
Joined: 24 Oct 2007 12:38
Location: Erimi, Limassol, Cyprus
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Re: Refund part of cae

Post by Nigel Howarth »

Hi jojo,

I believe these are annual premiums and unless your new buyer is prepared to refund you a percentage, I doubt you'll be able to get a refund.

Regards,
Nigel Howarth
Independent information & advice for Cyprus property buyers
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