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Statutory deadline: taxes and fees within sixty business days

Rule record · last verified 14 September 2026

Rule

Under the law, where no mortgage is created in favour of the seller the six-month transfer period runs from the date the full price is paid, but the buyer and seller must in any event pay all taxes and fees arising from the sale within sixty business days of the publication of the permission; otherwise the Council of Ministers decision is automatically cancelled.[1]

Practical implication

While a decree with force of law is in force this period is seventy-five business days.

Legislation · Turkish Cypriot administration (TRNC) · Immovable Property Acquisition and Long-Term Lease (Aliens) Law, Article 8(7) · in force from 21 May 2024 · last verified 14 September 2026 · rule record

Where this rule comes from

Jurisdiction
Turkish Cypriot administration (TRNC)
authority
Assembly of the Republic (Cumhuriyet Meclisi), TRNC
Instrument
Immovable Property Acquisition and Long-Term Lease (Aliens) Law, No. 52/2008, consolidated with amending Law 39/2024, Article 8(7)
Basis
Legislation · asserted by us within this jurisdiction
Verification
Primary source verified
in force from
21 May 2024
until
open

Regulatory events

History of this rule

  • — First encoded from the primary text. (version 1, initial)

Sources for this rule

Numbered in order of first use. Each entry names the kind of source it is and the day we read it.

  1. [1]
    Immovable Property Acquisition and Long-Term Lease (Aliens) Law, No. 52/2008, consolidated with amending Law 39/2024

    Central Legislation Office, TRNC · Legislation and gazettes · 10 November 2008 · original in Turkish · accessed 14 September 2026 · register entry

Identifier statutory-tax-deadline-sixty-business-days · Review priority: consequential · Open data · challenge this rule