Paphos People

Someone said in conversation that even if you state your intention in your Will, without you holding the Title Deeds, the property will automatically revert to the developer upon your demise.
I had relaxed on the issue of Title Deeds, however, this has woken me up to the danger of not getting them before my demise!
Is this fact or fiction?

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I'll be back!

Ask Nigel Howarth on Cyprus Property Forum, he will answere and advise you correctly.

Technically (and probably legally too, but I am not a lawyer),as I understand it, if you do not have your title deeds, you do not own the property. The legal outright owner is whoever is named on the title deeds. However, if you have a Specific Performance Contract or a Deed of Assignment, and if it was registered at the Land Registry, then your interest in the property is protected and your will is simply passing on the benefits accrued under this deed, not passing on the title to your property.

If you applied for your deeds under the 2015 "Hidden Mortgages" Law, and have heard nothing for a while, then it may be worth your while to visit LR and check to see if there is a hold-up/problem that needs your attention.

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Kay

Those who do not like cats, must have been mice in a previous life.

Guessing you haven't heard Jan, but neither are operating now!

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Can't understand that or where you got your information Topgun since he was writing articles in the Cyprus Property news 2 days ago http://www.news.cyprus-property-buyers.com/author/nigel-howarth

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Dave
Moira And Dave

“I know that you believe you understand what you think I said, but I'm not sure you realize that what you heard is not what I meant.”

No I hadn't heard Topgun and it's a shame as it was a very helpful site but if neither are operating it must have happened very recently as their are posts by Nigel Howarth this week.

Think you are wrong there. He updated the site only yesterday.

I stand corrected, but one out of two ain't bad!

I made the mistake of assuming he had followed through with his expressed intent, when he told us at an investor seminar last year he was 'retiring' from his advisory role.

Just goes to show, to get close to the truth on any particular subject, you should ask the same question of at least three different people, even when as it were, you heard it from the horses mouth.

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