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New law in Cyprus will leave up to 100,000 property owners with no title deeds

Posted on 15 June 2009

From Propertywire.com: New legislation in Cyprus aimed at clearing up years of problems with title deeds will only apply to new purchases, leaving tens of thousands of property owners without legal documents.

It is a major blow for property investors on the Mediterranean island, many of them foreigners, as the government has promised to sort out the mess which dates back decades in some cases………Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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