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Proposal to Simplify Property Issue

Propose and discuss specific solutions to aspects of the Cyprus Problem

Re: Proposal to Simplify Property Issue

Postby magikthrill » Mon May 02, 2005 9:55 pm

turkcyp wrote:Well if there is a solution in Cyprus the way GCs propose where every refuge has a right to turn back, then there is a possibility that ( I am not saying definite, because we do not know how many of the GC refuges would like to turn back) decent amount of TCs will be at the loosing and of this deal, since they will be giving up the improved property and getting back derelict quality property. This will be huge financial burden to many TCs to swallow, and if does happen, you can further see dwindling of the TC community in Cyprus, going to Europe to straighten their financial fortunes.


turkcyp,

if a TC has deteriorated property in the south and he is now residing on a GCs property in the north if the GC wishes to return then the TC would OBVIOUSLY be given money to handle this issue.
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Re: Proposal to Simplify Property Issue

Postby turkcyp » Mon May 02, 2005 10:04 pm

magikthrill wrote:turkcyp,

if a TC has deteriorated property in the south and he is now residing on a GCs property in the north if the GC wishes to return then the TC would OBVIOUSLY be given money to handle this issue.


Sorry magik but what are you talking about?

I am talking about "Liverpool's chances of winning CL this year, you are talkintg about the hot chick you have seen on Sunset Boulavard the other night".

I am talking about possibility of TCs being able to buy the GC property if RoC let's it.
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Postby Kifeas » Mon May 02, 2005 10:12 pm

turkcyp wrote:AS I have said it before, I do not know what the law says. But in practice no work is done on any of the above properties.


What do you mean no work is done? Actually a lot of work is done! Hundreds of GC properties in the north are illegally sold (under “TRNC” laws) to foreigners every day. If the holders and /or buyers of these properties can sell them so conveniently under “TRNC laws,” why would they want to pay extra money and double buy them (buy them a second time) from their original GC owners under RoC laws?


turkcyp wrote:I guess you do not read my posts carefully. I even gave myself as an example. And I am quite sure there will be other people who is interested in doing the same with the pre-74 owner of the property.


That requires that you are a holder of the property of the same person, who happens to be a holder your property in the south?

Alternatively you must come back in the south get your property re-instated to you, sell it and with the money you get you must go and find the owner of the GC property that you currently hold in the north and offer to buy it. However this will not be possible because you will not have your property reinstated because you currently hold a GC property in the north.

My point is, what guarantee is there, that after your property in the south is reinstated to you (after you reside formally and permanently for 6 months in the south) and thus you are allowed to sell it, you will infact go and buy the property you have in the north from it’s original GC owner? You may as well ignore the original GC owner and sell this property to anyone else (including a foreigner) under “TRNC” laws?

The way (as you suggest it) is technically and potentially giving you (any TC) the possibility to sell both properties and make double revenues. Sell your property in the south under RoC laws and then sell the GC property that you have in the north under “TRNC” laws.

Do you see my point?


turkcyp wrote:I have been told by a real-estate agent in south (and yes he was a GC). I was interested in buying property in south. And I have been told that because I was a TC my purchase will not be put into process by government officials in RoC.

As I have said, I do not know if he was lying or if this is not the law but an unspoken practice but this is what I have been told.


If you can give me his details, I will go and award him the gold medal of misinformation.
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Postby turkcyp » Mon May 02, 2005 10:29 pm

Kifeas wrote:What do you mean no work is done? Actually a lot of work is done! Hundreds of GC properties in the north are illegally sold (under “TRNC” laws) to foreigners every day. If the holders and /or buyers of these properties can sell them so conveniently under “TRNC laws,” why would they want to pay extra money and double buy them (buy them a second time) from their original GC owners under RoC laws?


“No work is done” meaning RoC government does no transaction on those properties. (GC property in north, TC property in south). Man you guys have a tendency to get carried away.

Kifeas wrote:That requires that you are a holder of the property of the same person, who happens to be a holder your property in the south?

Alternatively you must come back in the south get your property re-instated to you, sell it and with the money you get you must go and find the owner of the GC property that you currently hold in the north and offer to buy it. However this will not be possible because you will not have your property reinstated because you currently hold a GC property in the north.


Who told you that I want to sell my property in the south. I simply would like RoC to let me go and negotiate with the pre-74 owner of the plot that I have built my house on from scratch and buy that plot if he agrees to sell. How hard is it to understand that?

Kifeas wrote:My point is, what guarantee is there, that after your property in the south is reinstated to you (after you reside formally and permanently for 6 months in the south) and thus you are allowed to sell it, you will infact go and buy the property you have in the north from it’s original GC owner? You may as well ignore the original GC owner and sell this property to anyone else (including a foreigner) under “TRNC” laws?

The way (as you suggest it) is technically and potentially giving you (any TC) the possibility to sell both properties and make double revenues. Sell your property in the south under RoC laws and then sell the GC property that you have in the north under “TRNC” laws.

Do you see my point?


I do not understand how letting GCs sell their property in north is giving me an upper hand. I simply would like to go and find the owner of the plot where I have built my house on and buy the plot from the dude with cash. I am not trying to exchange anything.

Ok due to your above stated concern of yours I can understand to some extent why RoC is not allowing TCs to sell their property in south. But how about letting GCs sell their property in north.

Kifeas wrote:If you can give me his details, I will go and award him the gold medal of misinformation.


Are you a in real estate business Kifeas. I mean why would this guy lie to me. Doesn’t he want to earn his commission. Anyway it is not important anyway. I have solved my problem by indirect means. It turns out that foreign companies can buy property much easier than TCs in south Cyprus. ;)
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Postby Kifeas » Mon May 02, 2005 10:48 pm

turkcyp wrote:Who told you that I want to sell my property in the south. I simply would like RoC to let me go and negotiate with the pre-74 owner of the plot that I have built my house on from scratch and buy that plot if he agrees to sell. How hard is it to understand that?


turkcyp wrote:I do not understand how letting GCs sell their property in north is giving me an upper hand. I simply would like to go and find the owner of the plot where I have built my house on and buy the plot from the dude with cash. I am not trying to exchange anything.


If you just want to buy the land you currently occupy in the north from its original GC owner, you can do it anytime you wish man. The RoC cannot and will not put any obstacle to this. Take my word for this. Of course provided that he is indeed the owner and also that he agrees to sell it to you?

turkcyp wrote:Are you a in real estate business Kifeas. I mean why would this guy lie to me. Doesn’t he want to earn his commission. Anyway it is not important anyway. I have solved my problem by indirect means. It turns out that foreign companies can buy property much easier than TCs in south Cyprus.


I do not know what and how this guy spoke to you. What I know is that if you are a citizen of the RoC there is absolutely no discrimination for you to buy property in the south. I am more than 100% sure about this.

I am in a very related to real estate type of job.
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Postby turkcyp » Mon May 02, 2005 11:08 pm

Kifeas wrote:If you just want to buy the land you currently occupy in the north from its original GC owner, you can do it anytime you wish man. The RoC cannot and will not put any obstacle to this. Take my word for this. Of course provided that he is indeed the owner and also that he agrees to sell it to you?


It turns out that you can't man. RoC simply refuses to do no transaction on any property in north.

I do not know what and how this guy spoke to you. What I know is that if you are a citizen of the RoC there is absolutely no discrimination for you to buy property in the south. I am more than 100% sure about this.

I am in a very related to real estate type of job.


What I know is what I have been told by this guy and now by you. You contradict each other, so I will research into this again. But if it turns out that he is right, I would not be surprised. Like the same way RoC is supposed to reinstate TCs living in south back to their properties, but they do not. Or they are supposed to give citizenship to TCs that are born outside Cyprus (if their parents are Cypriot) but they do not. There are always a huge difference what RoC should do and what it does.
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Postby Kifeas » Mon May 02, 2005 11:18 pm

turkcyp wrote: It turns out that you can't man. RoC simply refuses to do no transaction on any property in north.


You speak like someone that has evidence to say this. It didn’t occur to me in real life but I can tell you this. If I decide to sell my property in the north and someone is willing to buy it and we agree on the price and ultimately RoC refuses to curry out the title transfer through the land registry, I will sue RoC the next morning and read my lips, “I WILL WIN THE CASE 100%” and have them pay all the legal expenses as well.

turkcyp wrote:What I know is what I have been told by this guy and now by you. You contradict each other, so I will research into this again. But if it turns out that he is right, I would not be surprised. Like the same way RoC is supposed to reinstate TCs living in south back to their properties, but they do not. Or they are supposed to give citizenship to TCs that are born outside Cyprus (if their parents are Cypriot) but they do not. There are always a huge difference what RoC should do and what it does.


If I ever find my self in any of the above situations and even in the case that I was a TC, I will again repeat the above answer: I will sue RoC the next morning and read my lips, “I WILL WIN THE CASE 100%” and have them pay all the legal expenses as well.
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Postby Viewpoint » Mon May 02, 2005 11:28 pm

Kifeas
I will sue RoC the next morning and read my lips, “I WILL WIN THE CASE 100%”


You think its so easy, try asking the TCs who have been tied up in knots by your legal system and hold out no hope of ever getting a conclusion. You are a GC and im sure they would do everything in their power to stop any intention you had of selling your land in the north, if you are free to do this why arent GCs doing it??? have you asked yourself this?? there must be a few hardup GC who would love the extra cash by selling their property in the north, they cant thats why your administration warns them no to. If they can treat and influence you in this fashion then just think how they would treat TCs.
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Postby Kifeas » Mon May 02, 2005 11:41 pm

Viewpoint wrote:Kifeas
I will sue RoC the next morning and read my lips, “I WILL WIN THE CASE 100%”


You think its so easy, try asking the TCs who have been tied up in knots by your legal system and hold out no hope of ever getting a conclusion. You are a GC and im sure they would do everything in their power to stop any intention you had of selling your land in the north, if you are free to do this why arent GCs doing it??? have you asked yourself this?? there must be a few hardup GC who would love the extra cash by selling their property in the north, they cant thats why your administration warns them no to. If they can treat and influence you in this fashion then just think how they would treat TCs.


Do you know anyone (GC) who has been offered a decent price to sell his property in the north and he agreed to do it but he was stopped by the RoC?

As a test to prove you are wrong, I challenge you to find me one buyer for my property in the north and then we will see if the RoC can indeed stop me from selling it. I bet 100,000 pounds and I ask you bet only 1,000 on it, that I can sell it and RoC will have no choice other than transferring the title deeds.
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Postby erolz » Mon May 02, 2005 11:55 pm

Kifeas wrote: As a test to prove you are wrong, I challenge you to find me one buyer for my property in the north and then we will see if the RoC can indeed stop me from selling it. I bet 100,000 pounds and I ask you bet only 1,000 on it, that I can sell it and RoC will have no choice other than transferring the title deeds.


Where is it and how much do you want for it? I might even take the bet as well - I like 100:1 odds :)
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