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Cyprus Eastern Forum Index » Property Action / Support Groups » KSL/Superior Real Estate
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KSL/Superior Real Estate 
Post: #1   PostPosted: Fri Aug 16, 2013 2:33 pm Reply with quote
Joined: 17 May 2007
Posts: 120
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Location: brighton, england

Hi All

Does anyone else have issues getting rental money out of these guys? They froze all the accounts for a good two months and cited a 'haircut' of around 70% on all tenants deposits. They eventually moved the 70% 'haircut' into a separate account and say the are working with the banks to retrieve this money but say the chances are slim..

I've asked them for copies of past and current communications to the banks basically to prove they are 'trying their best and the haircut is real..' but they have not been forthcoming in reply.

Thoughts or info welcome
Many thanks.
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Post: #2   PostPosted: Sat Aug 17, 2013 3:42 am Reply with quote
Joined: 21 Sep 2011
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It is illegal for estate agents in Cyprus to hold tenants deposits.
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KSL/Superior Real Estate 
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