What is a TRNC Freehold – Title Deed?
Property or land that was in Greek Cypriot ownership pre-1974. These properties were transferred to Turkish Cypriot Citizens either in exchange of their lands left in South Cyprus or for economical development purposes. When the Turkish Cypriot refugees came to the safety of the north after 1974, they left all their possessions behind in the south. Accordingly, the Government then assessed on a points basis, the value of the refugee’s forsaken assets left in the south. With these points, the Turkish Cypriot refugees were allowed to take a relinquished Greek Cypriot house or land in compensation for his lost properties. He/she would then sign over his properties in the south to the NORTHERN CYPRUS government, who would then hold them pending a negotiated settlement between the north and south Governments. The refugee is then given a title deed for his newly recompensed property. Until he received this title, he would not be allowed to sell. Our feeling is that as the island is heading,