lease hold apartments for sale are they safe or exchange land better

basheer



Joined: 22/12/2008
Posts: 949

Message Posted:
31/07/2009 14:18

they said leasehold is safer as its government charity held Evgaf what ever it means

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
31/07/2009 16:46

i would ask advice from izzet on that one.

basheer



Joined: 22/12/2008
Posts: 949

Message Posted:
31/07/2009 17:27

No Deeds Property in North Cyprus, and Leasehold Properties

Some properties are offered without title deeds. There are also leasehold properties, which are government owned and have a lease for 49 years with an option for a second 49 year extension. In theory, leasehold properties could be handed back if the whole island agrees on a settlement deal between north and south. Again, if you are in any doubt as to the status of the title deeds on a property in North Cyprus, always employ an independent solicitor to examine the deeds and check the property’s history.



so suppose its just the landlord change over and no eviction orders?