Deed

Cyprus' Interior Minister Constantinos Ioannou presented on Wednesday solutions for resolving issues faced by "stranded buyers" to the Parliamentary Committee on Legal Affairs, addressing about half of the nearly 9,500 pending cases.

A breath of relief for tens of thousands of property owners is brought by new legislation affecting transfers of real estate, providing solutions to purchases, parental transfers and inheritances that were “frozen” because the civil engineer measured the property differently from what is recorded in the contract!

The Turkish parliament has passed an 11-article bill establishing a new foundation aimed at "enhancing the operations and service quality of the Foreign Ministry."
The new foundation, as outlined in the bill, is empowered to purchase, rent and construct all types of movable and immovable properties to support the ministry's functions.

The bill is in the pipeline and is expected to be tabled in Parliament in September. Under the new bill, the government plans to give legal title deeds to about 90,000 State properties that have been encroached upon by private individuals in recent decades.

The Minister of Health, Nelu Tataru, declared on Monday that after May 15 it will be possible to leave the locality for well-founded reasons, mentioning that it will be a verbal statement accompanied by documents, for example a property deed.

A Syriac church dating back to the 4th century in Turkey?s southeastern province of Mardin, has been put for sale on a real estate website for 12.5 million Turkish Liras, while the institutions responsible ancient sites have remained mum on the situation.