Non-TRNC Citizens are entitled to take title to only one property up to a maximum area of 5 donums per person providing that the property only consists of one dwelling. Under new regulations, husband and wife may now purchase one property each in their own names.
There are 3 types of property titles in the TRNC;
TURKISH TITLE: Title Deeds given to the houses, land and business properties, owned before 1974 by Turkish Cypriots and foreigners.
EXCHANGE TITLE: Turkish Cypriots, who had to escape to the North in 1974 leaving in the South Cyprus their homes, land and buildings were given equivalent properties by the TRNC government in exchange for those left in the South. Turkish Cypriots, who took over the exchange properties, signed a waiver on their properties left in the South and received the ‘Exchange’ title deeds from the TRNC government. Exchange title properties are considered safe and are valid for any sort of buying/selling operations.
TAHSIS TITLE: Title deeds given to the land which the TRNC government assigned to the TRNC citizens as a reward for military service during the war or to the citizens of mainland Turkey who re-settled in the TRNC after the 1974. These title deeds are under the TRNC government protection and the owners have all the proprietary rights on such properties.