Kojan ready One for Elko 2 please

newscoop


Joined: 23/12/2007
Posts: 2197

Message Posted:
15/10/2008 20:22

Elko

My neighbour has been informed that his builder is ready to transfer the kojan. His advocate is charging £1200 to facilitate this. Am I right in thinking that by TRNC standards this final step is relatively simple to do yourself? Pay over to the builder the 5%VAT and then go with builder to land registry and hand over the 3%, or is this too simplistic?

Thoughts please.



Newscoop

elko2



Joined: 24/07/2007
Posts: 4400

Message Posted:
15/10/2008 20:41

Quite simple. The owner goes and pays his taxes and you pay him the 5% VAT or you go together and you pay on his behalf. Then the Land registry office will give you a piece of paper and you go and pay the 3% transfer fee to a bank. You can find a chap around the Tapu Office tohelp you for about 50 quid and let him fill in all the forms or let the owner do it. Let us knowwho the gready lawyer is.

ismet

newscoop


Joined: 23/12/2007
Posts: 2197

Message Posted:
15/10/2008 21:05

Thanks for that Ismet. As for the advocate I think she works out of a third floor office just up from Girne fire station on the right.

newscoop


Joined: 23/12/2007
Posts: 2197

Message Posted:
15/10/2008 21:10

Me again! My neighbour was told that the district valuers no longer bother to pay a visit to the property re assessing the 3%. Apparently they now go strictly on the purchase price, sounds fair to me.

Any thoughts?



Newscoop.

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
16/10/2008 10:09

yes newscoop its the price paid on the contract.



hubby did it himself, took a tc friend for help. make a spare day and go for it, don't pay the lawyers!