dogfish wrote:I will start with PANICOS LIVIATYIOTIS, LARNACA.
Finishing of flat is to cowboy standard.
Deeds promised after 2 years
4 years and still counting
It is foolish of a developer to make promises about the time it will take to have title deeds issued since this matter is dealt with by the land registry office and not the developer himself; however, it is naive of buyers to take such claims at face value.
I myself have been waiting three and a half years for title deeds, although the certificate of completion has now been issued by the municipality and I have high hopes of receiving them before the year is out. In my case, the developer does not finance future developments by mortgaging the completed ones, and he has provided all the necessary documentation. This being so, the delay is due to the volume of applications waiting at the land registry office, and I don't see how I can blame the developer for this.