PTP for Turkish Title Deed Properties ?

cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
19/02/2009 21:35

Because of the doubt and uncertainty regarding the legal validity of "Exchange" Title deeds,we made the decision to buy a property with Pre-74 Turkish Title Deeds....as all the research and information available declared these to be the only type in the TRNC that were internationally recognised.



This was over 2 years ago,and we are still awaiting our Permission To Purchase.



The worrying thing is that I've heard from 2 or 3 different sources recently that the TRNC government are now reluctant to issue PTP on Pre-74 Turkish Title Deeds (for whatever reason? ) to foreign buyers like ourselves.



Has anyone heard similar stories that can be verified?



I know that members on here have received PTP in the past on Turkish Title...BUT HAS ANYONE RECEIVED IT IN THE LAST 6 MONTHS ?



I believe this is a fairly recent development and a change of policy.



AND...could any of the more legally aware members advise as to our position should PTP be refused purely on the basis that we were

cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
19/02/2009 21:38

foreigners?

DONTY


Joined: 07/06/2007
Posts: 534

Message Posted:
19/02/2009 21:45

your screwed mate. The island belongs to the greek cyps... all of it!

Perry


Joined: 27/01/2007
Posts: 413

Message Posted:
19/02/2009 22:13

Our house is pre 74 Turkish title and we are 2 years waiting our PTP. Some neighbours of ours bought a year earlier than us on the same development. They are British and they have received their permissions (last month). Looks like the process is simply slow, taking 3 years - the news was a relief for me as well !!

cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
19/02/2009 22:31

Thanks Perry.....that's good to hear.

Macha


Joined: 18/01/2009
Posts: 650

Message Posted:
19/02/2009 22:42

cronos,



Never fear. You have made a sensible move and as others state, nothing moves fast in the north or the south for that matter.



The good news is that as the owner of legal Pre-74 you can go the the Land Registry in the south and apply for a Certificate of Legal Ownership.



This piece of paper is recognised internationally and identifies you as the person with legal title to the property over and above the Turkish kocan.

saucyboy69


Joined: 09/02/2008
Posts: 111

Message Posted:
19/02/2009 22:44

We have been refused in the last few month's reason stated was Military Refusal?? our apartment is in the middle of Lapta with no military land anywhere near or visible..



Our Advocate is looking into it..



Pete

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
19/02/2009 22:45

There was a story in CT a few months back where the government stated they were stopping people selling off the country's birthright ie Turkish Title.



It would seem quite arbitary on what is or isn't approved however the government are quite correct in their comments - until you get your PTP you must not purchase or start building.



Unfortunatley that is how it is supposed to work but because the number of new houses rocketed out of control and the system still is not equipped to deal with this situation most of us put the cart before the horse.



I know it is no consolation to cronos but you would loose any case because the law is quite explicit, get PTP then purchase.

WAZ-24-7



Joined: 18/10/2008
Posts: 695

Message Posted:
19/02/2009 22:47

Purchase of Pre 74 title has always been deemed the safer low risk option.

There is some substance to this stance.

However. Pre 74 title that has been issued foward title by TRNC administration has little more creedance than any TRNC title.



Purchasers of pre 74 title would be advised to pursue a title issued in the ROC.

This could present some difficulties because of the differing views between ROC and TRNC.

The experience and confusion to date of both ROC and TRNC titles and their issuance make for a very complicated system that is open to obuse, conflict, litigation and general uncertainty.



Best case scenario, considering the de-facto situation is that possesion is 9/10ths the law.

Many will, I am sure disagree.

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
19/02/2009 23:32

How can you apply for a certificate of ownership in the ROC without your title deeds?

How can you get your title deeds without your PTP?



No win situation.

andre 514


Joined: 31/03/2008
Posts: 1163

Message Posted:
19/02/2009 23:55

waz hits the nail on the head: posession is a powerful factor

but some only disagree because they have an ulterior motive



a piece of paper denoting technical legal ownership in ROC and overseas,

does not provide any ownership "on the ground", you can't easily sell it!

it possibly would provide some practical ownership in future circumstances such as re-unification without an agreement (quite improbable IMHO)

or if turkey abandons cyprus and all its own settlers (unimaginable IMHO)



I appreciate that many gc's yearn for their "right to return"

while tc refugees , most of them, very sadly accept that they never can



smugly advising people to only touch pre-'74 turkish title is not the whole story:

trnc title can provide extremely good value,

talk of legal moves hereabove may well be exaggerated or can even be evaded

and the slim prospect of compensation may be seen as an opportunity



don't panic, think for yourself and get familiar with the island and its issues

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
20/02/2009 07:55

waz

we went there and tried to do this, they refused us, even though they know its turkish title pre 74.

i have been chatting with macho regarding this. he got his certificate a few years ago.

we tried to get one last year.

maybe they have had a change of policy in the roc, since he got his.



cronos, we got ours last year.

Perry


Joined: 27/01/2007
Posts: 413

Message Posted:
20/02/2009 15:14

Waz - maybe I am being niave here, but surely isnt the point that with pre-74 there will not be a GC who will put the claim in should there be reunification, as a GC did not own the land in 74. It was a TC who legally owned it - who has then sold it within the country. Therefore, with nobody claiming the land, compensation etc on that piece of property should not (or is less likely to) arise....

Macha


Joined: 18/01/2009
Posts: 650

Message Posted:
20/02/2009 17:25

andre:



"posession is a powerful factor but some only disagree because they have an ulterior motive."



People caught red-handed with other people's property tend to be charged with theft/robbery or handling stolen goods. Or taken to the civil court like the Orams.



That's worth remembering when you next mention possession being 9/10ths of the law.

Macha


Joined: 18/01/2009
Posts: 650

Message Posted:
20/02/2009 17:27

fire starter,



Now I remember you said you had a knock-back! So maybe they have changed the law then. Or knowing how they run their civil service you got a stubborn fool serving you.

Macha


Joined: 18/01/2009
Posts: 650

Message Posted:
20/02/2009 17:28

perry msg 13,



Spot on.

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
21/02/2009 08:39

macha

we even stood there and argued with the guy.

he wasn't having any of it.

maybe we will try again when we get time.

pambonn


Joined: 11/03/2009
Posts: 84

Message Posted:
11/05/2009 18:46

Hello Pete



We are thinking of buying Pre 74. How's your case going? Have you had any luck with an appeal? Wishing you luck Thanks



Pam (pamax@t-online.de)