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Parcelisation on North Cyptus

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rob51


Joined: 12/05/2008
Posts: 11

Message Posted:
12/08/2010 10:29

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Message 1 of 9 in Discussion

Like many other concerned owners , the parcelisation process on our site seems to have ground to a halt.

Is it the developer? The government department dealing with the process? Any advice,news, views welcome.



newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
12/08/2010 10:44

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Message 2 of 9 in Discussion

Where is the site Rob and who is the developer,

Paul.



the butler


Joined: 22/06/2007
Posts: 1958

Message Posted:
12/08/2010 10:46

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Message 3 of 9 in Discussion

Hi rob51,



We are in exactly the same position as yourselves. I do understand that you can pay to have this done privately but everyone on your complex would have to agree to this, including your developer.



The butlers wife



honestie


Joined: 22/02/2009
Posts: 468

Message Posted:
12/08/2010 20:17

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Message 4 of 9 in Discussion

butlers wife is right as I are in the same position however as the majority of my complex has their deeds in respect of a shared portion the rest are in the builders name and i am as are others in the legal process at court. You have to have final approval and it should be the builder who submits it and if correct he may have tp sign the paperwork. we have been advised to leave the parcelisation until we all have deeds and at least you have a kocan albeit not your indivdual apartment but at least a kocan. Not sure how all this applies in your case



the butler


Joined: 22/06/2007
Posts: 1958

Message Posted:
12/08/2010 21:58

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Message 5 of 9 in Discussion

Hi honestie,



We have had our property since April 2006 and we have not even got a shared kocan, even though we live on a complex. You have mentioned this before that you have a shared kocan and I understand why because you own on a complex but how did you manage to get this from your builder/developer and at what stage of the buying process?



The butlers wife



honestie


Joined: 22/02/2009
Posts: 468

Message Posted:
12/08/2010 22:56

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Message 6 of 9 in Discussion

Hi



our complex was finished on time surprisingly albiet final approval hadni been obtained for parcelisation.



we all have our own electric and meters etc and of the 36 apartments 25 got their deeds just after completion.



they received 1/36 th of the land and the others who havent got the deeds are the ones like myself who had to wait for the PTP coming through which actually wasnt that long after I had moved in.



However it was during this wait that the builder started playing silly buggars and wont transfer saying he cant pay the taxes and its all about him wanting money for what I dont know as we all live in the complex its well managed etc and we took the management away from him.



the parcelisation which wont be difficult to get and wont cost too much for us all is on hold til we all get our 1/36 deed and then after the parcelisation the 1/36th will be transferred into our own individual apartment. Just waiting for outcome of courtcase as 11/36ths still in his name



the butler


Joined: 22/06/2007
Posts: 1958

Message Posted:
12/08/2010 23:25

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Message 7 of 9 in Discussion

Hi honestie,



I can only think it is different if you do not own an apartment, our complex is made up of detached villas, detached bungalows both in their own gardens and apartments. It is the gardens of the bungalows and villas that will prove more difficult to parcelise.





The butlers wife



elko2



Joined: 24/07/2007
Posts: 4400

Message Posted:
13/08/2010 00:20

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Message 8 of 9 in Discussion

I am new in this game. My daughter bought a villa from a small estate of six units. Each villa has its own boundary walls, garden and swimming pool. There is a good space for parking surrounded by the six villas. The entrance road is narrow and enough room for only one car to pass at a time.

My understanding is this:

Choice 1: Parcellisation followed by individual kochans for each villa. The parking space will belong to the govenment i.e. public. This choice is not available because either a) there must be an entry and an exit road to the site or b) the entry road must be wide enough to allow two cars side by side. Hence this choice not avilable in our case.



Choice 2: A separate kochan for each villa but everything else is common ownership i.e. the gardens and the swimming pools and the parking space to be all communal. You may say its funny but either choice 1 or 2.



So what did I do? With the registration of a site with the Land Registry Office, one can register an "Agreement" for the management of the common parts. So I prepared one and hope the Land Registry Office will not object to it. Who is going to read it? According to that Agreement which I drew up, the control and use and the maintenance of the grounds and the pool within the walls of a villa belong solely to that villa. The use and maintenance and improvement of the site in general will belong jointly to all the owners. I gave details of how the Site Manager will be elected and how monthly charges will be collected and how non-payers will be dealt with. In other words I completed what is missing in the laws. I hope it works.

ismet



honestie


Joined: 22/02/2009
Posts: 468

Message Posted:
13/08/2010 00:26

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Message 9 of 9 in Discussion

Yes it does seem easier when its all equal but sm sure theres a way



honestie



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