AIPP
Property Lawyers in Famagusta – Review – AIPP Changes – Completed on 28th 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 28TH JULY 2010. http://www.lawcyprus.org/
A&G kouzali Law Office is one of the most respected firms of lawyers in Cyprus, having strong beliefs in fairness and justice and most of all protecting the client. Thus, resulting in Mr Giovannis Kouzali becoming an important member of the AIPP (ASSOCIATION OF INTERNATIONAL PROPERTY PROFESSIONALS).
AIPP is a membership established to, in a sense, govern, regulate and maintain a high professional level within the property industry. It ensures that companies in the property industry act in a professional manner. Once a company voluntary joins the AIPP they must abide by a strict code of conduct. If it is alleged that the company has not met the contractual agreement, AIPP will hold a disciplinary hearing to investigate and adjudicate the alleged breaches of the AIPP code of conduct. All parties involved will have the chance to put their case forward. It is then determined by the disciplinary panel if any breaches occurred, and if so, amount of compensation due to the complainant and penalties to the AIPP member.
A&G Kouzali Law Office being one of the largest lawyers in Paralimni, believe this is the way forward to a safer future in the property industry, giving clients peace of mind and providing an inexpensive way to solving any disputes should they occur.
For more information on AIPP or other information and services please visit the A&G Kouzali Law Office website: www.lawcyprus.org PUBLISHED BY A&G KOUZALI LAW OFFICE on 20th October 2009.
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