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IS BUYING A RESALE ALOT MORE SAFER THAN OFF PLAN???????????

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Postby dolmadis » Sat Apr 29, 2006 8:08 am

Yes, one that gets the developer to sign first !!
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Postby nhowarth » Sat Apr 29, 2006 3:07 pm

> A purchaser is asked to sign 3 copies of the contract first and the lawyer sends it to the developer to be signed.

No, no, no!!!

You solicitor must get the developer/nominated representative to sign the contract in your presence & have all the signatures witnessed.

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Postby dolmadis » Sun Apr 30, 2006 8:46 am

Something you might add to your next edition as a warning because it does happen.
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Postby nhowarth » Sun Apr 30, 2006 9:14 am

Hi John,

> Something you might add to your next edition as a warning because it does happen.

Will do.


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Postby J B » Sun Apr 30, 2006 2:49 pm

nhowarth wrote:You solicitor must get the developer/nominated representative to sign the contract in your presence & have all the signatures witnessed.


But, what if I'm in the UK?
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Postby dolmadis » Mon May 01, 2006 8:42 am

Hi JB

In that case your cypriot lawyer can go to the developer and get him to sign first, with witnesses, undated. Then he sends the contract for you to sign from the UKwith witnesses, adding the date. You send it back and he registers at the Land Reg, sendind a copy to the developer. Need to use couriers like DHL,FEDEX etc., Works OK.

Regards
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Postby J B » Mon May 01, 2006 1:02 pm

dolmadis wrote:In that case your cypriot lawyer can go to the developer and get him to sign first, with witnesses, undated. Then he sends the contract for you to sign from the UKwith witnesses, adding the date. You send it back and he registers at the Land Reg, sendind a copy to the developer. Need to use couriers like DHL,FEDEX etc., Works OK.


John

Playing 'devils advocate' really :-)

We have bought in Cyprus more than once, and as my solicitor has 'power of attorney' (sp?) then surely he can sign it for me?
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