Cyprus-Forum.com

[Viewpoint]

So to put it in simple terms everyone gets off GC land (only exception is TC whos main residence or livlihood concern)hands back land irrelevent of whats been built on it and TRNC/Turkey compensates them.

Am I right?

[andri_cy]

This is where we become unstuck. So if the current occupier is a settler or Foreigner that have to go? What if these people have built hotels, farms,factories on this land? Would it not be easier to compensate the GC? or offer alternative exchanged land which the TRNC has in its possesion given up by TC in the south? We have to be praticle, do we give a 5million pound investment to the GC for free or does he now have to pay the current user the market value?

What do other people think here? help solve this problem.

What about if they built a hotel or business they can share the profits or something with the legal owner. Become partners of some sort?

I think a partnership with the land owner and land developer (property built on GC land) is not a very practical way to go about it. If I invested £50,000 or £200,000 or £2,000,000 and built something on the GC land, this investment will not be an equal partner with the land owner. However, the land owner, for many reasons, may choose to sell the land that has been developed, or for many reasons, he will also choose not to sell, but instead rent it to the person who's property sits on the GC land. The property owner will not have a choice but to pay rent at market value, for the use of the land, or what ever the parties agree on.

As far as the foreigners are concerned, the same will go for them. They would not be expected to knock down the building on the GC land, but they will never own the land. They will be leasing it , much like they do in the UK. Even though the land owner cannot get to his land if it is built on, he still owns the land, that he can pass it on to his children, unless he sells it. Look, nothing lasts for ever. Most of these buildings are sitting on "borrowed time". There will come a time, most of these buildings will be knocked down, and new ones will take their place, with the permission of the original GC land owner, if it is kept in the family.

Lets not do what the Israelis did in the Gaza. After they pulled out, they destroyed thousands of homes and factories, and the place looks like aftermath of WW III. You cannot change history overnight, but you can correct mistakes made, gradually, which will find it's own level, sometime in the future. But if we wait for everything to be perfect in the future before start to resolve today's problems, we may lose another generation that would not have had a chance to make their own decision, as to what should happen to their land.

Kikapu, I didnt mean by any means a 50-50% partnership. Say you built a factory on my land and it cost you 1mil., and my land values at 250K. I would get 20% stocks and you would get 80%. Another thing they could do is for the owner to receive back rent and then rent onwards on his property. Of course in a perfect situation, he would sell it, but I do not know what the percentage of those who would sell or exchange is even though I suspsect it would be more than some would like to think. I believe what people want is a choice, not necessarily the land back.

[Piratis]

So to put it in simple terms everyone gets off GC land (only exception is TC whos main residence or livlihood concern)hands back land irrelevent of whats been built on it and TRNC/Turkey compensates them.

Am I right?

Turkey, not "trnc".

And the same thing will happen in the cases of TCs. If there is something very important build on TCs land then this TC will be compensated by RoC otherwise he will get his land back.

Of course I repeat that there will be the option that anybody could buy the land from the legal owner if he is willing to pay the asking price.

Therefore, theoretically, Turkey could pump in Cyprus even more money so that even more GCs would voluntarily sell their property, not because they have to, but because they want to, since they are given a price so good that is hard to reject the offer.

[boomerang]

what about if the business goes belly up?...then the new partner will be liable for the losses...

[Piratis]

andri, I am afraid your proposal is not very practical. I know relatives that are having problems on how to run their common business. If we follow your proposal we will have many small "Cyprus problems" all over the place.

There should be a clean solution to the property issue that will not allow for further disputes in the future.

[Kikapu]

Of course I repeat that there will be the option that anybody could buy the land from the legal owner if he is willing to pay the asking price.

You meant to say "market price", didn't you Pratis, because if we go with the "asking price" or no sale, than there will be plenty of "no sales", since it will be politically motivated, to ask for the moon, knowing full well, that the land will not be sold.

[Piratis]

No, I mean asking price. The only one who is able to determine if the price is good enough or not is the owner. If a foreigner is on his land illegally, that foreigner has absolutely no rights over that land and he should consider himself lucky if all he will lose will be his bad investment. (and he has been warned repeatedly that he would lose that investment - unless of course TCs and Turkey keep their promise and compensate them)

Nobody can force the legal owner to sell his land. However I made some exceptions to this rule for specific cases. But those are just exceptions, not the rule. In most cases the legal owner definitely should have priority over his own property.

[andri_cy]

andri, I am afraid your proposal is not very practical. I know relatives that are having problems on how to run their common business. If we follow your proposal we will have many small "Cyprus problems" all over the place.

There should be a clean solution to the property issue that will not allow for further disputes in the future.

Piratis I guess you havent heard the saying that says dont do business with family. If there is a contract between two strangers, then it is all business. Between relatives, even if there is a contract there is always other issues that need to be addressed. It is never practical to do any kind of business with friends and family anyway, and everyone knows that.

[Viewpoint]

So to put it in simple terms everyone gets off GC land (only exception is TC whos main residence or livlihood concern)hands back land irrelevent of whats been built on it and TRNC/Turkey compensates them.

Am I right?

Turkey, not "trnc".

And the same thing will happen in the cases of TCs. If there is something very important build on TCs land then this TC will be compensated by RoC otherwise he will get his land back.

Of course I repeat that there will be the option that anybody could buy the land from the legal owner if he is willing to pay the asking price.

Therefore, theoretically, Turkey could pump in Cyprus even more money so that even more GCs would voluntarily sell their property, not because they have to, but because they want to, since they are given a price so good that is hard to reject the offer.

So lets get this right, if a TC has built a house for his daughter on GC land then he loses it? am I right?

If a TC has sold GC land to another TC who has built a holiday home on it, he loses it? am I right?

If a TC has exchnaged land in south for land in north and partially built on it he to loses his land? am i right?

Wouldnt it be more practicle to compensate the original owner as the land will end up in the TC north and keep the figures down as compensating someone for a 5 million pund investment is far greater than compensating a GC who land is worth 250.000?

[Piratis]

So lets get this right, if a TC has built a house for his daughter on GC land then he loses it? am I right?

Since his daughter is also a TC and thats the primary housing of his daughter then no. But the refugee will have to be fairly compensated.

If a TC has sold GC land to another TC who has built a holiday home on it, he loses it? am I right?

Unless he can buy the land legally from the legal owner.

If a TC has exchnaged land in south for land in north and partially built on it he to loses his land? am i right?

What "exchange land"?? We never exchanged any land.

Wouldnt it be more practicle to compensate the original owner as the land will end up in the TC north and keep the figures down as compensating someone for a 5 million pund investment is far greater than compensating a GC who land is worth 250.000?

And who decides that the land is worth 250.000? What if that land is at a prime location and the legal owner wants to develop it himself that could give him profits much more than that?

Just like with any sale the owner is the one who can decide how much his own property worths for him. If they offer him an amount that the owner believes is fair then the owner will simply sell their land to whomever currently occupies it.