Property

La Jolla Property Owners Can Profit from New State Law Allowing Sale of Auxiliary Dwelling Units

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La Jolla, California – Assembly Bill 1033, a new state law that recently came into effect, has the potential to reshape neighborhoods in La Jolla. The law allows for the separate sale of auxiliary dwelling units (ADUs) built on residential properties. This concept, known as “condoization,” involves dividing traditional single-family lots into multiple-family lots, granting separate ownership rights to different parties. While some property owners may see this as an opportunity to sell their ADUs, others have concerns about living next to multiple units or a condominium complex. Similar to a state law in California … Read more

Turkish-Cypriot Lawyer Faces Extradition to Cyprus: A Controversial Property Sale Stirs International Tensions

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MILAN, Italy – A Turkish-Cypriot lawyer was recently extradited from Italy to Cyprus in connection with an alleged property sale. The extradition comes as a result of a cross-border investigation and legal cooperation between the two countries. The lawyer, whose identity remains undisclosed, is accused of involvement in the illegal sale of multiple properties in Cyprus. The investigation began after complaints were filed by individuals who claimed to be the rightful owners of the properties. This prompted authorities in Cyprus to request assistance from their Italian counterparts. Following the extradition, the lawyer was transferred to … Read more

Cypriot Lawyer Arrested on Charges of Fraud and Money Laundering Linked to Sale of Disputed Greek Cypriot Property

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NICOSIA, Cyprus — A Turkish Cypriot lawyer, Akan Kürşat, has been granted bail by a court in the Republic of Cyprus after pleading not guilty to charges of fraud and money laundering. The charges are related to the sale of disputed Greek Cypriot property to foreigners in northern Cyprus. The release of Kürşat on bail comes after his extradition from Italy, where he was arrested on New Year’s Eve. The lawyer is accused of providing legal counsel to Gary Robb, a British national who was convicted of fraud in 2011 and embezzlement in 2015 for … Read more

North Canton Prevails in Former Spitzer Dealership Property Appraisal Case

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North Canton, Ohio – The former Spitzer car dealership property in North Canton, acquired by the city under eminent domain to widen Charlotte Street NE and North Main Street, has been accurately appraised, according to a recent ruling by a jury in Stark County Common Pleas Court. The jury also agreed with the city’s argument that the buildings on the property, which had a history dating back to 1922 and 1962, were worthless and that the city should not have to pay for demolishing them. However, the jury determined that the city should have paid … Read more