House / Land ; What is permitted ?

[lizzybal]

A query for friends :

Ex-pat married couple; has anyone current information on legislation re : how many purchases of private property, number of deeds they would be allowed to hold?

It has been a long time since I went through this process and I am sure legislation has changed.

Thanks in advance.

[tomsteel]

Suggest this question be directed to an advocate specialising in conveyancing. I heard 1 x property unless using a registered company and a maximum of 5 donums. Is a separate PTP required for each property? The variations/questions need professional advice, not likely to be found here.

[muffin]

Bear in mind whatever you buy you will wait forever for the kojan - into year 8 since purchase and still waiting!!!!

[ozankoys]

PTP is now going through much quicker I know of 2 seperate people who bought last year & received Kocan in 7 months.

[the butlers wife]

I have had my ptp for 6 years but still no kocan. It really depends on who you buy from and unfortunately we bought from one of the developers who do not hand over kocans in a hurry. We live in hope that we might eventually get them.

[Kavenkoy]

Surely it would be best advice to only buy where the Kocan is present and in the sellers name

Kav

[Hawkeye]

That would be the ideal Kav. However, if purchasing on a new development, it appears that the development must be 100% complete before the process of processing the issue of individual Kokan's will be commenced and even then there can be numerous issues that may delay the issue of these; including non payment of council and property tax by any other properties on the same development.

[Kavenkoy]

That would always be the gamble buying off a new development ,and a new build.
I would think with plenty of other property's available the safe money would be that .

Best not buying at all in NC as the government don't want you there .
Best rent and be stress free

Kav