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Property laws in the occupied areas

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Property laws in the occupied areas

Postby Plato » Mon Aug 02, 2010 1:45 am

I was just wondering what the restrictions on buying property in the north actually are. Is it prohibited for any Greek, Maronite, Armenian or Latin Cypriots to buy property in the north, or just Greek Cypriots? What about GCs who are British citizens? For example, I'm British, half GC, can I buy property in the north? If so, why isn't there a big push from the GC diaspora to buy as much property in the north as possible? US citizens, Australian citizens, British citizens etc. We could even use false/alternative English names to register the property with. If Turkey ever confiscates the property of British people for instance, would it not create an Anglo-Turkish diplomatic rift and portray Turkey in a bad light once more? This time though it would be the UK (a major power), and things may not be so easy for the Turks. Do any GCs have any thoughts on this? Obviously I'm talking about purchasing non-GC owned property.
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Postby Get Real! » Mon Aug 02, 2010 1:54 am

So you think it’s a good idea to play along with the invader & occupier by buying back properties they stole from us so as to accomplish what exactly other than line the pockets of thieves? :?
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Postby Plato » Mon Aug 02, 2010 2:01 am

Get Real! wrote:So you think it’s a good idea to play along with the invader & occupier by buying back properties they stole from us so as to accomplish what exactly other than line the pockets of thieves? :?


Please read the last sentence of my post, I was referring to land not owned by GCs, although I admit I'm not sure how much land that would be, probably not enough. Do you know the rules around this, if there are any?
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Postby Get Real! » Mon Aug 02, 2010 2:10 am

To accomplish what exactly?
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Postby AWE » Mon Aug 02, 2010 2:27 am

as I understand it all foreigners in order to buy need a 'Permission to Purchase' , this is also the case in Turkey. The PTP is consists of the background check, police certificate from your home country or country of residence, and security check - this then goes to the Council of Minsters for approval.

Assuming that you have all of these and can hurry the process along expect this to take 2-3 years, in the meantime you can take title of the property and reside there but would have to give the title up if the PTP is not granted, this may be in the form of a deed of trust, gift a member of your family or friend etc but they must have the PTP. PTP is roperty specific and as such the same individual may get a PTP on a village house but not on a PTP overlooking and army base say.

Finally, the rumour is that PTPs are not being granted on pre-74 TC title and only on Exchange title and this is very difficult for the purchaser to distinguish as all the titles now only show TRNC and not if they are exchange or pre-74 TC.
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Postby Plato » Mon Aug 02, 2010 2:51 am

AWE wrote:as I understand it all foreigners in order to buy need a 'Permission to Purchase' , this is also the case in Turkey. The PTP is consists of the background check, police certificate from your home country or country of residence, and security check - this then goes to the Council of Minsters for approval.

Assuming that you have all of these and can hurry the process along expect this to take 2-3 years, in the meantime you can take title of the property and reside there but would have to give the title up if the PTP is not granted, this may be in the form of a deed of trust, gift a member of your family or friend etc but they must have the PTP. PTP is roperty specific and as such the same individual may get a PTP on a village house but not on a PTP overlooking and army base say.

Finally, the rumour is that PTPs are not being granted on pre-74 TC title and only on Exchange title and this is very difficult for the purchaser to distinguish as all the titles now only show TRNC and not if they are exchange or pre-74 TC.


Thanks!
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Postby B25 » Mon Aug 02, 2010 10:39 am

Plato wrote:
AWE wrote:as I understand it all foreigners in order to buy need a 'Permission to Purchase' , this is also the case in Turkey. The PTP is consists of the background check, police certificate from your home country or country of residence, and security check - this then goes to the Council of Minsters for approval.

Assuming that you have all of these and can hurry the process along expect this to take 2-3 years, in the meantime you can take title of the property and reside there but would have to give the title up if the PTP is not granted, this may be in the form of a deed of trust, gift a member of your family or friend etc but they must have the PTP. PTP is roperty specific and as such the same individual may get a PTP on a village house but not on a PTP overlooking and army base say.

Finally, the rumour is that PTPs are not being granted on pre-74 TC title and only on Exchange title and this is very difficult for the purchaser to distinguish as all the titles now only show TRNC and not if they are exchange or pre-74 TC.


Thanks!


Plato, I see your point, but as GR says.

Anyway, if you did buy anything, the chances are if belongs to another GC anyway. Anything 'pre-74', can only be owned by TC (another racist ploy), so you have no chance to 'own' anything, only to give your money to some theiving scumbag over there, but good try all the same.

If you have money to burn, donate it to the Cyprus defence fund, a few more bullets might just save your life when the time comes!
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Postby Nikitas » Mon Aug 02, 2010 10:55 am

"So you think it’s a good idea to play along with the invader & occupier by buying back properties they stole from us so as to accomplish what exactly other than line the pockets of thieves? "

If that means getting rid of the Turkish army and the settlers, sure. It will be faster, easier and more predictably succesful than any other means.
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Re: Property laws in the occupied areas

Postby apc2010 » Mon Aug 02, 2010 11:51 am

Plato wrote:I was just wondering what the restrictions on buying property in the north actually are. Is it prohibited for any Greek, Maronite, Armenian or Latin Cypriots to buy property in the north, or just Greek Cypriots? What about GCs who are British citizens? For example, I'm British, half GC, can I buy property in the north? If so, why isn't there a big push from the GC diaspora to buy as much property in the north as possible? US citizens, Australian citizens, British citizens etc. We could even use false/alternative English names to register the property with. If Turkey ever confiscates the property of British people for instance, would it not create an Anglo-Turkish diplomatic rift and portray Turkey in a bad light once more? This time though it would be the UK (a major power), and things may not be so easy for the Turks. Do any GCs have any thoughts on this? Obviously I'm talking about purchasing non-GC owned property.


If Turkey confiscates...............they already have, houses auctions when the "brit" has paid but the builder re mortaged the land.........

STOP THAT>>I heard laughing.......
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Postby Get Real! » Mon Aug 02, 2010 2:38 pm

Nikitas wrote:"So you think it’s a good idea to play along with the invader & occupier by buying back properties they stole from us so as to accomplish what exactly other than line the pockets of thieves? "

If that means getting rid of the Turkish army and the settlers, sure. It will be faster, easier and more predictably succesful than any other means.

So how does this grand plan work? Just because you managed to hide your GC identity and illegally purchased properties do you think they'll make you the Vezir of the "TRNC" to send the Turkish military packing? :lol:
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