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|Protect Property Ownership Rights & Underwrite Financial Risks
Petition Created On: 16 Dec, 2008
Petition Created By: Nigel Howarth
|With reference to Article 23 of the Constitution of the Republic of Cyprus, we the undersigned petition the Government of Cyprus:
To fully underwrite the financial risks and protect the ownership rights of all those who have bought immovable property in the Government controlled areas of the Republic against whose Title extant encumbrances and/or prohibitions were lodged at the Department of Lands & Surveys prior to the deposit of a contract of sale for that immovable property.
To enact retrospective legislation that where only a part of an immovable property is sold (such as a building site or field under division or flat, office or shop under construction) that any encumbrances and/or prohibitions lodged at the Department of Lands & Surveys after the deposit of a contract of sale for the parts so sold shall only be attached to the unsold parts of the immovable property.
To enact legislation disallowing the deposit of a contract of sale for immovable property at the Department of Lands & Surveys if any encumbrances and/or prohibitions are registered against the title of the property being sold.
|Total Signatures: 274|
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