Property Law

11 Jun Acquisition of immovable property in Cyprus by aliens

Posted at 08:36h in Property Law by George Coucounis

THE acquisition of immovable property by British citizens after 31.12.2020 when the transitional period due to Brexit ended is divided between those who purchased an immovable property before that date, for whom no permission is required from the District Officer and those who will acquire...

28 May Setting aside a forced sale notice

Posted at 09:05h in Property Law by George Coucounis

THE mortgage creditor, in the event of the mortgage debtor being in default, resulting in the whole amount of the balance of the debt becoming payable and the default being for a period of not less than 120 days from the date it is payable...

16 Apr Safe purchase of property through auction

Posted at 10:28h in Property Law by George Coucounis

THE bonds were a sticking point and a dispute between buyers and the bank, claiming the money they invested, alleging that the bank had not complied with its obligations under the relevant law for the protection of investors and that its conduct constituted negligence and...

03 Mar Due diligence before buying a property

Posted at 10:41h in Property Law by George Coucounis

THE term due diligence refers to the process usually initiated by the purchaser of an immovable property or a business, through which the interested party or entity requests and obtains information, documents and assurances as to the status of the property in issue but also...

26 Feb Timely renewal of memo upon a property

Posted at 10:47h in Property Law by George Coucounis

THE creditor who secures a court judgment against a debtor can register it in the Land Registry as a charge upon the immovable property which is registered and has a title deed in the name of the debtor. The registration of the judgment creates an...

19 Feb Requisition of property is ordered exceptionally

Posted at 10:50h in Property Law by George Coucounis

THE requisition of an immovable property intends to serve the public benefit and is an exceptional measure to cover an urgent need. It presupposes the issuance of an order published in the Official Gazette and determines the purpose for which it became necessary, the reasons...

05 Feb Compensation for compulsory acquisition

Posted at 10:53h in Administrative Law, Property Law by George Coucounis

THE Constitution in the context of its 8th amendment with Law 130 (I)/2015 amended article 146 and provided for the establishment, jurisdiction and powers of the Administrative Court to deal with and decide on a recourse related to a matter of public law. In particular,...