Title Deeds 2009 what is safe?

Paul09



Joined: 30/03/2009
Posts: 6

Message Posted:
30/03/2009 21:16

After looking at the forum and the topics that date back to 2007

I was wondering now, has anyone got an idea on which is the best title deed to have?

I am thinking on buying a 2 bedroom apartment to move out to and live and not wanting someone knocking on my door for the keys (as people put it) , I would like to know your thoughts (now 2009) what you think is sound and what isn't

Thanks in advance =)

Paul

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
30/03/2009 21:30

hi paul juliet , pikey and loadsa ms will be on shortly to advise you best , tip let it go in one ear and out the other , you decide enjoy /////

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
30/03/2009 21:55

All right here it is. All deeds are safe. The deputy Prime Minister of Turkey has GUARANTEED all our properties - hence safe.



Your only concerns should be how many properties can you buy quickly. The prices are rising faster than all the m's can post on here.

andysue


Joined: 12/11/2007
Posts: 891

Message Posted:
30/03/2009 21:59

no1, cylad and juliet wont like what you just posted as its sort of inclining they are lying f---ers

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
30/03/2009 22:03

for fear of being banned ,oh fxck it , they are / lol

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
30/03/2009 22:04

Andysue. Their arguments just don't stack up anymore. Game over! 1-0 to the trnc.



The Deputy Prime Minister has not lied.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
30/03/2009 22:06

Calm down folks- let's not use bad language.

TheSaints



Joined: 28/01/2009
Posts: 1369

Message Posted:
30/03/2009 22:07

What is the best deed to have?? Has it not been stated that from 2009 ALL deeds will state TRNC FREEHOLD and there will be no distiction between deeds.

cooper


Joined: 23/10/2007
Posts: 3386

Message Posted:
30/03/2009 22:07

Deep breath's now !! stop getting so excited.

mmmmmm



Joined: 19/12/2008
Posts: 8398

Message Posted:
30/03/2009 22:09

Dear Paul09, re msg 1







Just remember THIS one from the UK Foreign office !



http://www.fco.gov.uk/en/about-the-fco/country-profiles/europe/cyprus



re: Turkey:



Their govt also signed the Ankara Protocol - involving certain pledges to the EU regarding trade / customs with all members.. which they haven't complied with and as a consequence they have had "chapters" - stages of their EU accession negotiation put on hold..



If they will not stick to agreements with the EU !



Lastly, they are going "cap in hand" to the IMF for a loan - they can't afford to keep up their commitments to "TRNC"..



the ECHR: they have given Tr the tsk to provide a local remedy to displaced Cypriots who lost the use of their property - when Turkey has offered compo - the ECHR has historically reminded Turkey the the displaced person doesn't want to give up the right to the property - just compo for loss of use..



Buy on deeds that were Turkish / Foreign pre 74 - the property cost more for

TheSaints



Joined: 28/01/2009
Posts: 1369

Message Posted:
30/03/2009 22:09

Err scuse the typo Distinction, anyway you know what I mean

Fingers


Joined: 26/01/2009
Posts: 29

Message Posted:
30/03/2009 22:11

Thats news to me, good news I might add. Thanks for that.

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
01/04/2009 08:36

turkish or foreign owned pre 1974 title deeds are the only internationally recognised title deeds.

i'm sure the orams decition will show this shortly.

do not trust any guarentee given here in the trnc , its a bit like the purchase contracts not worth the paper they are written on.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
01/04/2009 09:32

fire starter. The Guarantee is given by the Deputy Prime Minister. Not some local, ex cafe owner, builder.

Jimmyboy63


Joined: 16/03/2009
Posts: 400

Message Posted:
01/04/2009 10:09

Agree 100% with message 3,don't listen to the scaremongerer's!

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
01/04/2009 12:27

See Paul, even cylad agrees with me. The Guarantee is watertight. The Deputy Prime Minister had said so.

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
01/04/2009 12:47

doyen

i guess the guarantee is only valid until the april election,lol.

please who are they kidding?

cocos


Joined: 04/04/2008
Posts: 129

Message Posted:
01/04/2009 14:52

until the government change the laws then enforce them to protect buyers and the lawyers start telling buyers the truth before they buy, no title deeds are safe. Even if you pay in full, you might never ever get them or legaly own your place

DONTY


Joined: 07/06/2007
Posts: 534

Message Posted:
01/04/2009 15:10

If you want safe, buy gold.



Seriously, safe is difficult to evaluate. It depends on your tollerance for risk. You can buy in the UK and not be 100% safe (that field next door might become a housing association development).



Turkish title has no outstanding grieviance but is the government giving title to foreigners?



Ex GC land will have a claim against it but come the solution (if/when it does) how much will be the compensation and who will pay it and by how much will its value rise once compensation is paid?



The people who have bought here don't believe they will lose their properties, they may allow for some compensation but believe the increase in value when their title is cleared will far outway the compensation paid and hence their purchase is a great investment.



Only you can decide but look at precedents. Kosovo etc



Most importantly make sure the builder you are buying from is professional, honourable and financially strong (ask previous buyers).

TheSaints



Joined: 28/01/2009
Posts: 1369

Message Posted:
01/04/2009 16:01

Donty, that about sums up the odds, I accepted them and bought and very happy with my purchase.

Mr Vince


Joined: 24/07/2008
Posts: 696

Message Posted:
01/04/2009 16:33

Any "Titles" are as safe in the TRNC as they are in ROC. Builders the island over are internationally famous for refusing to deliver Title Deeds to property bought and paid for. Often mortgages are taken out on land/houses already sold by developers. Makes the "Owner" of the house responsible for the debt.



It begs the question, "How can the GCs claim to have title to lands in the North when their developers have all the titles to property they are buying in the South" ? Maybe they should sort out tht before chasing us for our homes.

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
01/04/2009 16:44

Paul09

Real answer is that no one knows what is safe in the TRNC. If I was advising a friend or relative I'd say that without doubt RENT! That way you don't have to worry about what title it is or knocks on the door. Nor being ripped off by lawyers etc. Plenty of places available to rent and at reasonable rates (which tells you a story in itself).

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
02/04/2009 10:34

we have our title deeds and are brits. pre 74 turkish title deeds.

safe no problem.

Arthur


Joined: 04/11/2008
Posts: 687

Message Posted:
02/04/2009 11:13

Cylad, I don't dispute Andy can't spell, uses bad grammar and some swear words, but as a journalist [which I think either you or others have said you are], it's bad grammar to start sentences with "and".



He also doesn't "reinvent" himself under different names........

cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
02/04/2009 12:06

Hector....msg 24



That would also be my advice to anyone I cared about.

Rental rates are dirt cheap at the moment and the choice is fantastic.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
02/04/2009 13:28

dt..."As with the UK govt warning given on their website,..."



In view of the Guarantee given by the Deputy Prime Minister, do you think the UK Government will amend the website soon?

DONTY


Joined: 07/06/2007
Posts: 534

Message Posted:
02/04/2009 13:35

dt



Thats what the GC's propoganda machine want people to believe. The outcome is much more likely (i won't say will as I don't have a crystal ball like some of you folk) to be compensation.



The amount of compensation, who will pay it, and by how much values will rise after settlement are the unknown factors but many astute investors have bought here after doing serious risk analasys!

DONTY


Joined: 07/06/2007
Posts: 534

Message Posted:
02/04/2009 13:41

Oops analysis

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
02/04/2009 14:02

Cylad. Thanks for the assurance.



I'd get in quick if I were you, these properties won't last forever now that we have the Guarantee.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
02/04/2009 14:57

dt... Who was the MEP and can you let us have the link to the article please.



Thanks

DONTY


Joined: 07/06/2007
Posts: 534

Message Posted:
02/04/2009 15:29

Don't put your faith in any of them, politicians or newspapers.



I wouldn't read much into the state guarantee and I wouldn't read much into a GC MEP talking about North Cyprus property and the media always has an angle.



There will not be a mass movement of people back to their positions 35 years ago. Compensation will almost definitely be the way.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
02/04/2009 15:30

dt... Wouldn't you expect Iannis Kasoulides, the Greek Cypriot MEP, to respond in this way?



We should hold no fears - the Deputy Prime Minister, Mr Soyer, on a visit to London, said: "There is no chance that they will lose their property. The British people who buy a house or who want to take land in north Cyprus do not be afraid: everything is under our state guarantee."

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
02/04/2009 15:54

Feri Soyer is the Deputy Prime Minister of The Turkish State.



Are you saying the Turkish State isn't now recognised by anyone?

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
02/04/2009 15:58

I know he isn't the PM of Turkey. I'm saying he's the Deputy PM of a Turkish State.

britvic



Joined: 05/09/2008
Posts: 3039

Message Posted:
02/04/2009 15:59

I wonder where the original poster to this thread has gone, being his first post and all?

TheSaints



Joined: 28/01/2009
Posts: 1369

Message Posted:
02/04/2009 16:03

Yep Britvic well observed, a new member opens a thread that leads to the usual argument and then disapears.

britvic



Joined: 05/09/2008
Posts: 3039

Message Posted:
02/04/2009 16:17

This will get HOT now. HOT = Argument, NEW = Argument about to start, Sticky = Argument stays at the top! LOL

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
02/04/2009 16:34

Ferdi Soyer, the prime minister of the Turkish Republic of Northern Cyprus - which is recognised only by Turkey - gave a "state guarantee" that their ownership could not be successfully challenged.



The Daily Telegraph article above, confirms that he is the Deputy Prime minister of a Turkish State.

TheSaints



Joined: 28/01/2009
Posts: 1369

Message Posted:
02/04/2009 16:38

Thousands of British families who bought cheap houses or land in Northern Cyprus were told yesterday that their investments were secure, even if European courts ruled that their property was stolen from Greek owners during the 1974 division of the island.



Ferdi Soyer, the prime minister of the Turkish Republic of Northern Cyprus - which is recognised only by Turkey - gave a "state guarantee" that their ownership could not be successfully challenged.

mmmmmm



Joined: 19/12/2008
Posts: 8398

Message Posted:
02/04/2009 16:38

Dear Brtitvic, re msg 45



you *could* have a point.. it *could* be a foxy way to raise awareness !



I've read the Telegraph article and wondered about :



"Greek Cypriot claimants have enjoyed a string of legal victories against British property owners"..



Did I miss something? I though the Orams' were the only one's in doodoo at the mo.



Ah Well, not long to wait til the ECJ verdict - I just feel there is a twist to this tale ( or two ) yet ..

TheSaints



Joined: 28/01/2009
Posts: 1369

Message Posted:
02/04/2009 16:38

That was taken directly from the article

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
02/04/2009 16:41

Mark....you may be right, there could still be another sting in the tale....we'll have to wait in anticipation..... )

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
02/04/2009 16:43

dt... I 'get it' all. Especially the part that says our properties are 'Guaranteed' by the Deputy Prime Minister (of a Turkish State)

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
02/04/2009 16:47

It is....it's recognised by Turkey. Or is it now not recognised by Turkey?

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
02/04/2009 16:50

Until it's legally challenged, anythings possible!

TheSaints



Joined: 28/01/2009
Posts: 1369

Message Posted:
02/04/2009 16:51

The political stand-off between the Greek and Turkish sides of Cyprus would ensure that court claims were not enforced, he said.



On a visit to London, Mr Soyer said: "There is no chance that they will lose their property. The British people who buy a house or who want to take land in north Cyprus do not be afraid: everything is under our state guarantee."



Exert from the Telegraph

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
02/04/2009 16:54

Everythings risky purchasing property, whatever country you reside in. I will however agree that it is assumed to be far more riskier here in the trnc with regard to property purchase. We all knew that before we handed over the money!



I take your point though. The next few months will be very interesting.

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
03/04/2009 09:09

any guarentee given here can't over rule a decition in the e.u or uk courts.

so i guess the guarentee is worthless.

so if you don't own any property anywhere else in the e.u, you may be ok.

but if you have assets elsewhere you will still run the risk of loosing them.

but then you paid your money and took your chances.

Paul09



Joined: 30/03/2009
Posts: 6

Message Posted:
03/05/2009 11:53

Thanks guys for all your input!



So buy as cheap as I can and keep my fingers crossed lol!



but hopefully I can find a pre 74 title and be ok (as far as ok goes)

TheSaints



Joined: 28/01/2009
Posts: 1369

Message Posted:
03/05/2009 12:37

Msg 48,



there is no chance of losing any of your UK or EU assets, scare mongering really does not work FS, when the Orams case commenced there was no Local Remedy.

There is a Local Remedy now that has been approved by the ECHR which is the IPC (Immovable Proerties Commission) this is now seen as the path for any GC to take should they have a Land or property dispute in the TRNC there is no need to ever see a case like the Orams again.

mmmmmm



Joined: 19/12/2008
Posts: 8398

Message Posted:
03/05/2009 14:51

re msg 48



"there is no chance of losing any of your UK or EU assets"



?? I think the Orams might.... they certainly haven't - for all that money - been getting very good advice.

erolz


Joined: 17/11/2008
Posts: 3456

Message Posted:
03/05/2009 15:19

"turkish or foreign owned pre 1974 title deeds are the only internationally recognised title deeds."



This is not actually the case.



The deeds issued by the TRNC relating to change of ownership of pre 74 Turkish or foreign titled land in the North are no more legal or valid according to the RoC than those for any other sort ot title.



The point with pre 74 Turkish title or foreign title is that the chances that someone will stand up and say , that is my land taken from me against my will and used and sold without my permission is near zero, and not that they are 'internationaly recognised'.



This difference certainly makes such deeds safer and as such such property carries a price premium, but it is simply misleading to say such deeds are 'internationaly recognised'. The change of ownership of such deeds post 74 under TRNC admin remains legaly uncertain with these deeds. It would be accurate to say such deeds to date have never been challenged in international courts