Ti­tle deeds: Don’t de­stroy the for­est to save a tree

Financial Mirror (Cyprus) - - FRONT PAGE -

the source of the prob­lem. It will also not help all ‘trapped’ real es­tate buy­ers. There are cur­rently thou­sands of prop­er­ties with­out a ti­tle deed. The bill will do noth­ing to help the thou­sands of own­ers who bought and paid for their prop­erty with­out know­ing when the ti­tle will be is­sued.

As the pro­ce­dures and leg­is­la­tion stand now, peo­ple buy­ing prop­er­ties do not know if they will ever ob­tain a ti­tle deed.

Greece, the UK, etc.

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