Immovable Property Commission
Immovable Property Commission North Cyprus
Purchasing of property in North Cyprus is safe for citizens of any country. In March 2011 The European Court of Human Rights has officially recognized the Immovable Property Commission of Cyprus. The European Court of Human Rights upheld that the Immovable Property Commission TRNC (Turkish Republic of Northern Cyprus) was an accessible and effective local remedy for all persons seeking redress and is therefore an appropriate forum for deciding on complex matters of property ownership, valuation and assessing financial compensation.
As of 9 March 2015, 6,119 applications have been lodged with the Commission and 634 of them have been concluded through friendly settlements and 15 through formal hearing. The Commission has paid GBP 195,116,023 to the applicants as compensation. Moreover, it has ruled for exchange and compensation in two cases, for restitution in one case and for restitution and compensation in five cases. In one case it has delivered a decision for restitution after the settlement of Cyprus Issue, and in one case it has ruled for partial restitution. The Immovable Property Commission seeks to be a just, fast an effective remedy for property claims. In this way, the Commission purports to contribute to the comprehensive settlement of the Cyprus Issue. Reference Source: http://www.tamk.gov.ct.tr/
About Immovable Property Commission Consultants North Cyprus
Buy & Sell IPC Consultants are a group of experienced and knowledgeable individuals, offering the following services to each of our clients:
- Largest group of IPC application consultants.
- The only company dedicated to IPC.
- Full consultancy via our team of legal advisors and property evaluators.
- Our office is adjacent to the IPC Head Office We are also happy to arrange scheduled meetings in the South at your convenience. Attend court with you to ensure you personally receive the best possible outcome. We have representatives in the following countries: England, South Africa, Australia, Greece and the USA. Reference Source: http://www.buysell-ipcc.com/en/
Joint Declaration: final version as agreed between the two Leaders
The meeting was held on the 11thof February, 2014 in a friendly and cordial atmosphere under the auspices of the UN Secretary General’s Good Offices mission and the two leaders have agreed to the following:
- The status quo is unacceptable and its prolongation will have negative consequences for the Greek Cypriots and Turkish Cypriots.
- The leaders expressed their determination to resume structured negotiations in a resultsoriented manner.
- The settlement will be based on a bi-communal, bi-zonal federation with political equality, as set out in the relevant Security Council Resolutions and the High Level Agreements. The united Cyprus, as a member of the United Nations and of the European Union, shall have a single international legal personality and a single sovereignty, which is defined as the sovereignty which is enjoyed by all member States of the United Nations under the UN Charter and which emanates equally from Greek Cypriots and Turkish Cypriots. There will be a single united Cyprus citizenship, regulated by federal law. All citizens of the united Cyprus shall also be citizens of either the Greek-Cypriot constituent state or the Turkish-Cypriot constituent state. This status shall be internal and shall complement, and not substitute in any way, the united Cyprus citizenship. Joint Declaration: final version as agreed between the two Leaders.
- The united Cyprus federation shall result from the settlement following the settlement’s approval by separate simultaneous referenda. The Federal constitution shall prescribe that the united Cyprus federation shall be composed of two constituent states of equal status.
- The negotiations are based on the principle that nothing is agreed until everything is agreed.
- The appointed representatives are fully empowered to discuss any issue at any time and should enjoy parallel access to all stakeholders and interested parties in the process, as needed.
- The sides will seek to create a positive atmosphere to ensure the talks succeed. They commit to avoiding blame games or other negative public comments on the negotiations. They also commit to efforts to implement confidence building measures that will provide a dynamic impetus to the prospect for a united Cyprus.
For detailed information please visit website of our partner Buy and Sell IPC Consultants