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Steps to speed Cyprus Title Deeds issue flop

In a leaked confidential letter to President Christofias, the Cyprus Finance Minister has admitted that steps taken to accelerate the issue of Title Deeds have not added a single Euro to the state's coffers.

Cyprus refugees to get Title Deeds

The government is trying to secure Title Deeds for all refugees living in government-built estates, including those on Turkish Cypriot land, a top official said on Thursday.

CPAG update on transfer taxes and IPT

Earlier today CPAG, the Cyprus Property Action Group, issued an update regarding transfer taxes (Property Transfer Fees) and IPT (Immovable Property Tax)

Call to outsource Title Deeds procedure

The Land and Building Developers Association has called on the Cyprus government to outsource eleven of the twelve procedures currently needed to issue a Title Deed to the private sector.

Property buyers rights to be strengthened by new law

The Cyprus Interior Minister, Neoclis Sylikiotis, has asserted once again that the draft legislation currently under discussion is designed to strengthen the rights of property buyers and will create healthier conditions in the Island's real estate market.

Interest groups doubtful on Title Deeds legislation

Property groups in Cyprus remain sceptical of the effectiveness of the Title Deed legislation being proposed by the Interior Minister Neoclis Sylikiotis following his briefing to them last evening.

Bank actions cast doubt on Interior Minister assertion

The case of a divorced young woman reported in the Cyprus Weekly casts serious doubt on the Interior Minister’s assertion that it is not a simple matter for a bank to liquidate a property to recover a debt in Cyprus.

Working together for proper Title Deeds law

The Cyprus Ministry of the Interior has put serious efforts to bring about a drastic and definite solution on long existing problem of the issuing of Title Deeds. This is a good time for all to work together to resolve the situation.

Property group condemns Title Deeds laws

Just how much damage to the economy, the image of Cyprus and people’s lives will have been caused before the Government shoulders its responsibilities and resolves the Title Deeds issue once and for all?

Property buyers at risk as second developer collapses

More people face loosing their homes in Cyprus as a second property developer is liquidated. Buyers of A&G built properties without Title Deeds have been left at the mercy of the banks.

Title Deed problems tarnishing Cyprus says minister

At the recent real estate conference the Cyprus Interior Minister, Neoclis Sylikiotis, said the failure to process 130,000 title deeds snared in the system was tarnishing Cyprus’ reputation among foreign investors.

Cypriot developers must address issues to compete internationally

To compete in the international property market, Cypriot developers must address issues such as escrow deposits, Title Deeds, planning and bank guarantees.

Cyprus government Title Deed proposals

Earlier today, the Cyprus Sunday Mail published an article by Antonis Loizou FRICS in which he outlined the content of the bills that have been drafted by the Cyprus government to alleviate the Title Deed issue problem faced by many property buyers.

Number 10 replies to Cyprus petitioners

More than 2,000 people added their names to a UK Government’s Number 10 e-petition urging the Prime Minister to exert pressure on the Government of Cyprus to protect property rights.

Less than one in five has Title Deeds

According to a recent on-line poll conducted by the Cyprus Property News, less that one in five of those who have bought property on the island have their Title Deeds.

Cyprus law reforms are not a cure-all

The legal reforms proposed by the Cyprus Interior Minister Neoclis Sylikiotis are not a cure-all solution to the many Title Deed problems. Those who have been deceived into buying mortgaged property will continue to remain at risk unless the Government acts to protect their interests.

Proposals to untie the Gordian knot

Proposed changes to Cyprus’ antiquated property laws may help existing buyers obtain Title Deeds to properties that have been built illegally But they contain nothing to help those who have been duped into buying mortgaged property and those whose Title Deeds are being held to ransom by unscrupulous property developers.

Cyprus Interior Minister’s Statement on Title Deeds

Effective and comprehensive measures are introduced to solve the problem of Title Deeds in Cyprus - Minister of the Interior Mr Neoclis Sylikiotis - 22nd July, 2009

Details of Title Deed proposals to be announced

The Cyprus Interior Minister will announce details of the proposals to resolve the problems with issuing Title Deeds within the next two months, according to a report in the local press.

Lord Jones speaks out on Title Deed saga

In an exclusive interview with the Sunday Mail, British peer Lord Jones of Cheltenham tells of how the powerlessness of those caught in the title deed trap prompted him to act in the House of Lords.

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