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Title deeds saga likely to be kicked down the road

The fate of the title deeds law which the President refused to sign will be decided by the plenum on Friday, although it seems likely that MPs will kick the can further down the road again.

President abandons home buyers

In a move that many consider will destroy the island's property market, President Anastasiades has rejected the 'home buyers' protection bill' passed by Parliament on 19th March.

Troikans bump into elephant

During their recent visit to Cyprus, the delegation from the island's troika of international lenders bumped into the elephant in the room; the unacceptable delay in issuing Title Deeds.

Three hundred thousand lost sheep

The Auditor General's report for 2013 states that more than three hundred thousand owners of property in Cyprus cannot be taxed on their property as the Land Registry has no way of knowing who they are.

Title deed event ‘sold out’

A proposed lecture on the thorny subject of title deeds which is due to take place in Paphos early in December has 'sold out' with all available seats booked within a week of its announcement.

Title Deeds for development projects

The latest monthly figures on the number of Title Deeds issued for development projects across the island during 2014 published by the Cyprus Department of Lands and Surveys in Nicosia.

Numbnuts at Paphos Land Registry

Despite being put under pressure the Government reduce the backlog of Title Deeds, numbnuts at the Paphos Land Registry are refusing to accept current British passports as identification.

No repossession of paid for properties

The troika have advised the government that properties that have been paid for but no Title Deeds have been issued could be exempted from repossession under the provisions of the controversial foreclosures bill.

Title Deed fiasco haunts IPT collection

Neither the Inland Revenue Department nor the Land Registry, responsible for issuing Title Deeds, has a mechanism to apportion blame for the non-issuance of Title Deeds, so IPT notices will only be sent to property owners.

Title Deed backlog costing millions

The Cyprus government stands to gain millions from the transfer of 39,490 Title Deeds sitting at the Land Registry according to the latest annual report issued by the island's Audit Office.

Cyprus ‘failed miserably’ on Title Deeds

Interior Minister Socratis Hasikos has admitted that Cyprus has failed miserably over the Title Deed issue and pledged that his ministry will do everything in its power to sort out the matter.

Cowboy Builders investigate British developer

A British developer who turned the dreams of those looking forward to a peaceful retirement in Cyprus into nightmares came under the spotlight in the Channel 5 series 'Cowboy Builders Abroad'.

Getting your Title Deed issued

Those waiting for the all-important Title Deed to be issued for the property they purchased can request the Land Registry to issue its deeds, providing a Certificate of Approval for the property has been issued.

Progress on pending Title Deeds applications

According to the director of the Land and Surveys Department, the number of pending applications for Title Deeds is down to 20,000 – and the aim is to reduce this number to less than 2,000 by the end of the year.

Troika discussing title deeds delay

The Troika delegation is continuing its meetings in Cyprus and will be discussing the delays in issuing title deeds today as part of its third review of the economic adjustment programme.

No Title Deeds unless you pay developer’s debts (update)

UPDATE 7/2/2013 - MEP Sir Graham Watson has asked the Commission if it is aware that Cypriot banks are telling property buyers they will not receive title deeds unless they contribute thousands of Euros to their developer's outstanding debts.

Constructive work on title deeds issue

David Lidington the UK Minister for Europe has completed a two-day working visit to Cyprus during which was received by President Anastasiades and met with Ioannis Kasoulides, the Minister of Foreign Affairs.

Home buyers may pay IPT before getting Title Deeds

A Cypriot MP has tabled a bill for discussion at the House Finance Committee requiring property buyers to pay Immovable Property Tax even though they do not have the Title Deeds to the property they have purchased.

President asks ETEK for advice on Title Deeds

Faced with the problem of clearing the current backlog of some 100,000 Title Deeds, some of which go back more than two decades, President Anastasiades has asked ETEK for advice.

UCPD review offers no solution for Title Deeds

Appeals to the EC that it would recommend that the withholding of title deeds or legal ownership of immovable property would be blacklisted under the provisions of the UCPD have been rejected.

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