So stealing a house from an English family is fine in Cyprus, and no laws have been broken. I am sure this decision will work wonders for your failing property market.
Whatever security and protection property owners/buyers without title deeds had yesterday, they don't have it now, so whatever may have happened in the past is irrelevant. This judge by her decision in Conor's case has given the developers carte blanche to do what the hell they like with our property and the law can now do f***all to stop them.
The judge accepted that Conor and Michaela had entered in to a contract to buy a house from Karayiannas, she accepted that Conor had had a contract stamped and lodged at the land registry office for "specific performance", she accepted the fact that, in law, Conor then became the "beneficial owner" with all the protection that goes along with this term, I.E. that the only one who could sell the house would be Conor, she even pointed out that Karayiannas use this very fact on their website to allay the fears of potential buyers. She accepted that the only person who could cancel the contract would be Conor, in negotiation with the developer, she likened the developer at that stage, although in law he is the legal owner, he becomes " the custodian of the best interests of the buyer and beneficial owner".
She accepted evidence from a representative of the land registry office who stated that Conor's contract was indeed stamped and registered there for specific performance. She accepted evidence that Conor had made staged payments as required by the contract until, mysteriously, one payment was rejected by the developer, she accepted that numerous attempts by Conor to contact the developer to find out what was happening were ignored and never answered. She accepted that the developer then sold the house to a third party after supposedly cancelling the contract, something that she had just said could only be done by Conor, in consultation.........................or by a court order, this had not happened.
She accepted all of the above, then found against him
I hope the lesson for the world looking in, is to tell everyone, DON’T BUY IN CYPRUS, the Greeks will steal your property