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Property Lawyers in Famagusta – Review – AIPP Changes – Completed on 28^th July 2010. – Famagusta Property Lawyers

The AIPP (Association of International Property Professionals) are having a complete turn around in how they conduct their business.

The AIPP are a self governing membership, established to help regulate disputes arising within the Property Industry.  Members of the AIPP consist of, agents, developers, lawyers, any individual or company related to the property profession.

Once an individual or company becomes a member there are strict guidelines to follow. If an investor sees that a property professional belongs to the AIPP membership they are more inclined to use their services, as they are aware should a problem arise they can complain to the AIPP.

Previously, all complaints were dealt within the AIPP Company.  However, the AIPP will now call upon the Chartered Institute of Arbitrators to deal with all the complaints.  The Institute of Arbitrators are a professional legal body whose decisions are fair and credible.

The reason for this is that the Arbitrator Institute will have a more balanced and detached view on the situation.  Plus it allows the AIPP to concentrate on other areas.

The AIPP are also changing their code of conduct and this should include the expulsion or ban of all agents selling or promoting property in the Northern Turkish Occupied area of Cyprus. Other changes to the code of conduct we are waiting to hear.

This appears to be a good move using independent Arbitrators who have no involvement with the members of the AIPP and will leave plenty of time for the AIPP to concentrate on other avenues.

Good luck to the AIPP we fully support any decisions being a fully pledged member ourselves.

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 28^TH JULY 2010. http://www.lawcyprus.org/

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