Long Leases for Pre-74 Turkish Title Deeds ???

cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
28/01/2009 09:04

(moved from Orams 2 thread)



I know NC is a massive rumour mill,but I have heard on a few occasions that buyers are not getting their PTP and Kocans for Pre-74 Turkish Title Deeds for whatever reason,and long leases have been suggested as a solution.



I don't want a long lease thank you very much !







I bought my property freehold , and consider that I paid a premium to avoid exchange properties.



I am still awaiting PTP and my kocan after 2 years.



So why should I accept a lease,and WHO would be the leaseholder?The TC developer who built and sold it me , or the TRNC government?









Either way,should I get compensation for the loss of freehold?

And what percentage of the purchase price would this be?



I realise that the majority of you are on Exchange Deeds,and have the associated resultant headaches,but any input would be appreciated.

Wiser


Joined: 30/07/2008
Posts: 796

Message Posted:
28/01/2009 09:15

I owned a Turkish title property in Lapta and got my permissions to purchase without a problem. It take about 4 years.

negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
28/01/2009 09:40

in truth, a 99 year lease is likely to last all purchasers !





Nick

cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
28/01/2009 09:45

Thanks Nick.....but why shouldn't I be able to pass my property on to my children/grandchildren...and why should I have to pay for a lease when I bought freehold?

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
28/01/2009 09:58

cronos

do not worry we were given our ptp and kochan last year for our pre 74 turkish title.

i think it is an estate agents rummor with hbpg saying the same but where is the proof.

they have non.

we do our kochan!

Linus


Joined: 04/05/2008
Posts: 281

Message Posted:
28/01/2009 20:34

Cronos





If it helps I applied for mine 6 months ago and have chased a couple of times. They e-mailed yesterday and advised it takes between 6months to a year



Linus

cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
28/01/2009 23:34

Paul (Linus)....thanks...and i hope you are right...but we were originally told 12 to 18 months,which passed,and then became 24 to 30 months !

Still not got it after 2 years.....hope you fare better!