house tax...how long do you have?North Cyprus Forums Homepage Join Cyprus44 Board | Already a member? Login
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daisy dukes
Joined: 06/09/2008
Posts: 3815
Message Posted:
10/04/2009 14:43 | | Join or Login to Reply | Message 1 of 7 in Discussion |
| If you decide to sell your house before paying your house taxes and getting the kocan, can the government take the house off you?
DD |
beno12
Joined: 03/04/2009
Posts: 124
Message Posted:
10/04/2009 16:02 | | Join or Login to Reply | Message 2 of 7 in Discussion |
| I,d have thought you cannot sell with out the kocan ?or am I wrong?
Chris. |
TheSaints
Joined: 28/01/2009
Posts: 1369
Message Posted:
10/04/2009 16:04 | | Join or Login to Reply | Message 3 of 7 in Discussion |
| You must be able to you can buy without it!!! |
Moomin
Joined: 04/12/2008
Posts: 19
Message Posted:
10/04/2009 16:13 | | Join or Login to Reply | Message 4 of 7 in Discussion |
| It's acceptable to cancel your permission to purchase if you are selling before it comes through. This does mean of course that whatever party currently holds the kocan will have to be involved when you sign contracts.
When we bought ours, the guy we bought from had not had his PTP so the person he bought the house from had to sign the contract of sale as well. It wasn't complicated. The contract simply showed that on X date, Mrs Y sold to Mr Z and on A date Mr Z sold to me. At that time Mr Z's interest in the property ceased and deeds would on receipt of PTP pass from Mrs Y to me.
That contract has been seen by the land registry and it was accepted with no problems.
Hope that helps. |
TheSaints
Joined: 28/01/2009
Posts: 1369
Message Posted:
10/04/2009 16:16 | | Join or Login to Reply | Message 5 of 7 in Discussion |
| There ya go it's as simple as X, Y, Z |
Brinsley
Joined: 04/04/2009
Posts: 6858
Message Posted:
10/04/2009 16:51 | | Join or Login to Reply | Message 6 of 7 in Discussion |
| Law changes too often to keep ahead of the 'game' but was able to sell 'contract of sale' at price agreed minus the then final 6% tax outstanding on initial new build price to then be paid by the new purchaser. That's been reduced to 3% so say, It's all an enigma! Don't be conned!
Richard |
fire starter
Joined: 19/06/2008
Posts: 3401
Message Posted:
10/04/2009 17:16 | | Join or Login to Reply | Message 7 of 7 in Discussion |
| we did the same sort of thing as moomin, and agreed with the guy we purchased from that we would pay any taxes on a 50/50 basis.
he did pay up after a few phone calls ,reluctantly! |
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