Lawcyprus.org

In  recent years there appears to be an escalating problem regarding the issuance of title deeds properties. One very important reason for this is that there may be irregularities in some of the units or the common areas from the new owners and from the land developers. Also the Minister of Interior stated that the problem of the delay for the issue of the title deeds is due to state shortcoming, thereby many times there are subsequently irregularities that make the problem more complicated.

For this reason, there are five bills for the planning amnesty, so that they can cope with the whole subject which has been a Gordian chain created by the gaps that have been passed through the sudden elevation of the industry.

Specifically in a publication in the newspaper “ SIMERINI ” on the 3^rd of April, 2010 with the title “ THE END OF THE DELAYED TITLE DEEDS ”, it was written that there has been found THE solution for the planning amnesty which has caused a lot  of troubles to the world and encircled literally thousands of title deeds.

After this, according to the same publication there was a report stating that the five bills for the planning regulations and also the much-debated planning amnesty , were ready to be passed through the Council of Ministry on the 15^th of April 2010 and will be voted from the plenum of the Parliament something that hasn’t been done until now and which causing us great concern. The world is expecting  the promotion of the bills as soon as possible  and we hope to have the approval of the Parliament.

The Minister of the Interior  Mr. Neoklis Sylikiotis, said that to be able to  effectively use  the planning amnesty there  is the new innovation insert of three types of title deeds instead of the one that was previously issued:

A.  The full  title deed which is going to have the existence as it is known.

B. The incomplete title deed which is going to be issued with notes relating the unauthorized extensions or changes relating to the issued permits and which are insignificant or in cases which are not possible to determine the parts of the property which has exclusive rights to develop the unique development.

C. The limited title deed which is going to have notes relating to unauthorized changes or extensions, the title deed will be deprived of legal transaction and the property can not be mortgaged.

We are worried regarding the whole delay and we hope that Cypriot members of Parliament and their parties, will share our concern and push the planning amnesty bill through quickly.

This entry was posted on Thursday, July 1st, 2010 at 4:43 am and is filed under Cyprus Title Deeds. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.