Turkish Cypriot property in Southern Cyprus guidance wanted
Posted: 09 Feb 2015 20:56
Hi to all,
I would like to ask a few things regarding a current problem that i face.
In brief, there is a piece of land in Southern Cyprus, currently under management of the relevant authority-i don't know the exact name, that i am interested in buying. I know the name of the legal owner before 1974. This person has left Cyprus before 1974.
My questions are these:
1. Supposing that i find the owner or the heir(s) of the land, how can i buy the old pre-1974 title deed and convert it to a Cyprus current one?
2. Is it true that in the past transactions as described above took place in the UK? As far as i can understand that was a purchase of the title with a regular bill of sale.
3. Again supposing that i get hold of a Cyprus current title, are there any kind of expected problems of any kind?
I will appreciate any answer
Thanks
I would like to ask a few things regarding a current problem that i face.
In brief, there is a piece of land in Southern Cyprus, currently under management of the relevant authority-i don't know the exact name, that i am interested in buying. I know the name of the legal owner before 1974. This person has left Cyprus before 1974.
My questions are these:
1. Supposing that i find the owner or the heir(s) of the land, how can i buy the old pre-1974 title deed and convert it to a Cyprus current one?
2. Is it true that in the past transactions as described above took place in the UK? As far as i can understand that was a purchase of the title with a regular bill of sale.
3. Again supposing that i get hold of a Cyprus current title, are there any kind of expected problems of any kind?
I will appreciate any answer
Thanks