Establishing a Management Committee
Posted: 24 May 2019 02:21
Hello Nigel
We are a complex of mixed properties in the Polis area and Title Deeds have recently become available. This has prompted several owners to instigate establishing a Management Committee in order to comply with the Law in Cyprus even though we realise that such a Committee should have already been established from the time of original purchase. So far it looks as though none of the owners are willing to volunteer. Elsewhere on this forum I believe it has been suggested that if no owner(s) are willing to volunteer then application may be made to local Land Registry (in our case Paphos) to appoint a person or persons to the role. Have you, or does any reader have knowledge of a complex that has done this and done it successfully? What are the implications of such action?
One owner has also asked the following questions: "Does the Committee have to consist solely of owners, or can it include, or even consist solely of, elected representatives, e.g. a solicitor, caretaker, and/or a Management agent?
Leading on from this, is there any provision for a payment to anyone who would be willing to take on a caretaker role for the site, whether or not they are on the new Committee?"
Any help, comments and advice would be much appreciated.
Many thanks.
We are a complex of mixed properties in the Polis area and Title Deeds have recently become available. This has prompted several owners to instigate establishing a Management Committee in order to comply with the Law in Cyprus even though we realise that such a Committee should have already been established from the time of original purchase. So far it looks as though none of the owners are willing to volunteer. Elsewhere on this forum I believe it has been suggested that if no owner(s) are willing to volunteer then application may be made to local Land Registry (in our case Paphos) to appoint a person or persons to the role. Have you, or does any reader have knowledge of a complex that has done this and done it successfully? What are the implications of such action?
One owner has also asked the following questions: "Does the Committee have to consist solely of owners, or can it include, or even consist solely of, elected representatives, e.g. a solicitor, caretaker, and/or a Management agent?
Leading on from this, is there any provision for a payment to anyone who would be willing to take on a caretaker role for the site, whether or not they are on the new Committee?"
Any help, comments and advice would be much appreciated.
Many thanks.