Hi Nigel,
We paid for our deeds in December 2015 in Paphos.
The cost was discounted by 50 %.
I see from another thread hat the discount should have been offered at 60 % ?
Do i have any recourse to claim the extra amount ?
Many Thanks
Title Deeds Discount
-
- Site Admin
- Posts: 2920
- Joined: 24 Oct 2007 14:38
- Location: Erimi, Limassol, Cyprus
- Contact:
Re: Title Deeds Discount
Hi villaowner
The 10% discount applies to successful applications under the 'trapped buyers'/'hidden mortgage' law. See http://www.news.cyprus-property-buyers. ... id=0096019
"In cases where an application is successful, the purchaser will be requested to pay the Property Transfer Fees within 60 days of a notice to transfer the property. If the purchaser pays within the 60 days they will be entitled to a 10% reduction in the transfer fees or pay the transfer fees in 12 monthly instalments."
Regards,
The 10% discount applies to successful applications under the 'trapped buyers'/'hidden mortgage' law. See http://www.news.cyprus-property-buyers. ... id=0096019
"In cases where an application is successful, the purchaser will be requested to pay the Property Transfer Fees within 60 days of a notice to transfer the property. If the purchaser pays within the 60 days they will be entitled to a 10% reduction in the transfer fees or pay the transfer fees in 12 monthly instalments."
Regards,
Nigel Howarth
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news