Title deeds revisited

neil27


Joined: 16/07/2008
Posts: 93

Message Posted:
19/10/2008 21:55

Can anyone think of a good reason why a Turkish national would not have the Kocan to his own property? We are visiting NC the week after next and hope to view some properties. One of our favourites is, according to Unwin's, owned by a Turkish national (and thus never needed permission to puchase) but he had never obtained the Kocan as a builder friend of his sold him the plot with the houses on it. Does this seem a possible scenario? I have little knowledge of the NC legal system but I can't envisage why the vendor would not have obtained the Kocan when there would not appear to be any obstacles for him - unlike the necessity of non-nationals obtaining PTP first.

Oxoners


Joined: 24/01/2008
Posts: 128

Message Posted:
19/10/2008 22:28

My advice is steer clear, there are a lot of properties for sale, play safe and buy a property who's owner has their Kocan. In fact I would say do not buy until all the existing problems over here are sorted. if you need advice speak to Marion Stokes at the Homebuyers pressure group, do not listen to what solicitors or Estate Agents tell you. The general advice is Buyer Beware

bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
19/10/2008 23:09

Excellent advice from Oxoners. Why take the risk?

neil27


Joined: 16/07/2008
Posts: 93

Message Posted:
19/10/2008 23:40

I guess its because we really like the look and location - and the sound of the others who have bought on the site. I am really hoping that someone will come up with a viable reason as to why the vendor doesn't have the Kocan - if non appear then we will almost certainly take the sensible advice.

elko2



Joined: 24/07/2007
Posts: 4400

Message Posted:
19/10/2008 23:43

Turkish nationals like any other "foreigner" requires PTP but usually they can get one within 3 months or so. If he does not have the kocan for whtever reason, you must sign the agreement with the actual owner i.e. the person who has the title deeds and make sure that the house is shown on it, otherwise stay clear of it. The next point is to find yourself a truly independent lawyer to check tht there is no mortgage on it. If and when you sign a Sale contract, make sure that you part with your money only after the agreement is registered with the District Land Office, put this condition in the sale agreement.

ismet

neil27


Joined: 16/07/2008
Posts: 93

Message Posted:
20/10/2008 01:12

Sorry, my fault, I've just reviewed the information from the estate agency - unwin - who say the vendor in Cypriot ( I assumed, clearly incorrectly ) that this was equivalent to Turkish. Do Cypriots need PTP? Unwins say not - but to me this doesn't explain why he doesn't have the Kocan.

PtePike



Joined: 20/05/2008
Posts: 2334

Message Posted:
20/10/2008 02:36

Neil,



You're new to this, so the best thing to remember is don't touch anything that doesn't have a legal pre-1974 title deed. Anything else is the spoils of war and not the kind of thing you want to be getting into. Read the online UK government warnings about north Cyprus.

neil27


Joined: 16/07/2008
Posts: 93

Message Posted:
20/10/2008 11:20

Thanks for all the advice. Hadn't I read on an earlier post that people were having difficulty getting PTP for pre-74 titles?

If possible I would still like information on whether a Turkish Cypriot needs PTP. I haven't seen it mentioned in any previous discussion.

elko2



Joined: 24/07/2007
Posts: 4400

Message Posted:
20/10/2008 12:29

It would be absolutely rediculous for Turkish Cypriots to require PTP. This could happen only in a communist country. It makes no sense at all. The answer is a definite NO.

ismet

neil27


Joined: 16/07/2008
Posts: 93

Message Posted:
20/10/2008 12:34

Thanks Ismet, that's exactly what i needed to know.

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
20/10/2008 14:41

there is no problem with getting pre 74 turkish title deeds.

we are british and were given ours this year

this is what they tell you so you buy exchange land, don't listen to the agent, make up your own mind.

there is loads of information on the net, do some research before buying.



personnaly i wouldn't buy a house without a kochan.

kibrissibel


Joined: 18/02/2008
Posts: 562

Message Posted:
20/10/2008 14:43

Neil27 - if you are thinking of buying, come along to the Homebuyers Pressure Group |Surgery held at the Pia Bella in Girne every tuesday 12-3pm. We can give you lots of information and advice.



Sibel

neil27


Joined: 16/07/2008
Posts: 93

Message Posted:
20/10/2008 15:00

Thanks Sibel, that sounds like a great idea.



Neil

cocos


Joined: 04/04/2008
Posts: 129

Message Posted:
20/10/2008 17:00

Very good advice from Sibel. HBPG are the only people who will give you free advice based on years of experience helping people in their own time and their own expense. Without HBPG many of us wouldn't have anywhere to turn.

PtePike



Joined: 20/05/2008
Posts: 2334

Message Posted:
20/10/2008 17:43

Elko: "It would be absolutely rediculous for Turkish Cypriots to require PTP..."



Do born and bred Brits need PTP if they have a TC parent? If the answer is no it proves what a ludicrous, discriminatory and racist system Turkey has imposed in the north of Cyprus.

elko2



Joined: 24/07/2007
Posts: 4400

Message Posted:
20/10/2008 17:55

Those Brits who hae Turkish Cypriot parents are considered to be Turkish Cypriot and men have to do National Service, so I see nothing wrong with that and what does Turkey ahve to do with such a decision. When you ever go to Lefkosa ask anybody to show you TRNC parl,ament where TRNC laws are made.

ismet

Yilly


Joined: 02/11/2008
Posts: 46

Message Posted:
02/11/2008 23:23

tell me about it elko, i came on hols in april, but discovered a different stamp on passport to girlfriend went to lefcosa police then got in/out but i had crossed the border 2 yrs previous so i was drafted in, lol Wat a SHOCK but law changed iun may didnt hae to do it, but i think i gonna do it, would be an experience plus i wanna live here so have to do it anyway.... but in april WOW what a shock to the system