This articles is about deadlines imposed by the TRNC for purchaser transactions to be align with the new property law/ Updated in 2025.Payment of the taxes if your PTP was approved before new law and title deed is not

ready – 60 working days from 06 th of February 2025 i.e. 05.05.2025

Registration of the contract of sale signed before 21.05.2024 – 22.05.2025

Application for Permission to Purchase for those who bought the property before

21.05.2024 – 22.05.2025

Transfer of the title deed if PTP approved before new law – 22.05.2025

Application to the Ministry of Interior regarding more than one property – should be

made by 22.05.2025. If the application is made after 22.05.2025– the tax will

increase to 3% instead of 1%

Registration of Trustee Agreements – 75 working days from 24th of December

2024 i.e. 08.04.2025

Registration of New Contacts signed after new law – 75 working days from the

date of the contract.

PTP approved after new law – Transfer of the title deed – 6 months from the date of approval.

After the Permission to Purchase is approved, the transfer of the title deed must be affected within 6 months.

If the sale price is paid in instalments, the six-month period starts from the last payment date stated in the contract of sale provided that the taxes are paid within 60 working days after the permission to purchase is granted.