Cyprus Title Deeds – good news or is this just smoke and mirrors?
“INTERIOR Minister Neoclis Sylikiotios yesterday called on land developers to acknowledge they were part of the problem when it came to the title-deeds debacle, and to shoulder their responsibilities to buyers.
He said legislation was in process that would bring an end to the problem affecting 100,000 home owners, including 30,000 foreigners, most of whom are British.
Speaking at the annual general meeting of the Land and Building Developers Association (LBDA), Sylikiotis said the legislation aimed at removing the main reasons why developers effectively block the issuing of title deeds to the rightful owners of new property.
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