If it goes against the Orams. How to get round it for rest of us

LaptaMike


Joined: 07/10/2009
Posts: 1679

Message Posted:
13/11/2009 21:40

Not entirely sure how it will work but presumably if you put your home in a trust fund (will have to ask my accountant back home) then it can't be touched because it won't be in your name anymore.

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
13/11/2009 21:44

Correct, and all cash and shares though the cash you can transfer here.



Richard

Corbo



Joined: 13/09/2009
Posts: 627

Message Posted:
13/11/2009 22:12

Yeah right..play the game like the fxxxxxx laywers...it's all a monopoly board..play the right moves before they do.

LaptaMike


Joined: 07/10/2009
Posts: 1679

Message Posted:
13/11/2009 22:30

and what may I ask is wrong with that? As long as its all legal and above board.......

LaptaMike


Joined: 07/10/2009
Posts: 1679

Message Posted:
13/11/2009 22:39

by the way Corbo, bet your a guardianista that would prefer to lose your house back home than use what you lefties think are immoral practices.

Corbo



Joined: 13/09/2009
Posts: 627

Message Posted:
13/11/2009 22:46

You've confused me Mike..but I'm sure you're correct,

Corbo



Joined: 13/09/2009
Posts: 627

Message Posted:
13/11/2009 22:51

No..far from correct Mike..you misunderstood me..and too quick to presume..Guardian reader some time ago old cock. Though their on line edition is good as they print all comments ..

LaptaMike


Joined: 07/10/2009
Posts: 1679

Message Posted:
13/11/2009 22:53

sorry mate, do apologise. Was right about you been a guardianista though ;-)

Corbo



Joined: 13/09/2009
Posts: 627

Message Posted:
13/11/2009 22:54

Not really..unfortunately I tend to read the Telegraph more more nowadays.. I have left wing views on some issues and right wing on others..tends to happen as you get to 50.

LaptaMike


Joined: 07/10/2009
Posts: 1679

Message Posted:
13/11/2009 23:01

hehe. I'm still as right wing as ever. Have mellowed slightly on some issues with age. Still only 37. Got more right wing on other issues. Thats life though I suppose mate.



Lot of its being crippled with excessive tax by Blair and Brown. Thats why I need a good accountant. 'Legal tax avoidance'

joandjelly


Joined: 24/02/2008
Posts: 2953

Message Posted:
14/11/2009 12:08

My understanding is that it is irrelevant whether the property is in your name or not as the Orams were sued on the basis of "use" rather than ownership. So putting your property in trust would not get you anywhere.

pinkchilli


Joined: 30/11/2008
Posts: 689

Message Posted:
14/11/2009 12:13

Hi Joe



I think message 1, refers to putting your British property into trust.



However, if the Orams were "renting" from the TRNC owners, who would be sued? The Users!



Taking this to the next stage, if all TRNC property that was sold to foreigners was leasehold, could this get around future Orams cases?

tonyhickey



Joined: 13/06/2007
Posts: 413

Message Posted:
14/11/2009 12:26

Does it really matter what the outcome of the Orams case is.At the end of the day any Settlement will be done at government level

magicart


Joined: 05/10/2008
Posts: 985

Message Posted:
14/11/2009 13:20

If the developer or the builder refuses to transfer your title deeds who would be sued.?