Slide Knowledge Leading lawyer George Coucounis shares his wealth of knowledge, allowing clients to prioritise their requirements and for the public to be aware of legal issues and pending law.

These articles are published in national media outlets, rendering George one of the most reliable sources of legal information in Cyprus and abroad.
  • THE behaviour of the landlord and the tenant is examined by the Rent Control Court and in the event the landlord refuses to collect the rent or contributes to its non-payment, the Court will give the tenant the right to be heard...

  • THE acquiring authority, which may be the Republic, a municipal authority or a legal entity of public law or an institution of public utility may compulsorily acquire a property for public benefit purposes...

  • A number of premises which are rented, although they belong to co-owners, the rent is collected by only one of them...

  • A number of premises which are rented, although they belong to co-owners, the rent is collected by only one of them...

  • THE parties frequently choose arbitration as the appropriate procedure for resolving disputes that may arise between them during the execution of their agreement...

  • THE order for the eviction and surrender of possession of a property, like any other order requiring the execution of a certain act, must specify the time within which it must be executed...

  • THE Rent Control Law 23/83, as amended, does not include in the term “tenancy” the lease of land used as a petrol station and explicitly excludes it. As a result, the lease agreement between the oil company and the owner...

  • Bribery in the private sector constitutes a criminal offence, is illegal and a Court will not allow the recovery of any advantage received on its basis. It is a criminal act against public sentiment and the person ...

  • THE status of an administrator of the estate of a deceased creates to him duties and powers defined by law. His obligation is to ascertain the heirs, whether any of them is incapacitated, to find the assets and any debts of the estate...

  • THE possibility of obtaining an injunction when filing a lawsuit by the plaintiff, which prohibits the defendant from the alienation or encumbrance of his immovable property is provided by law and is a remedy under the law of equity...

  • Many people often enter into an agreement for the purchase of the goodwill of a shop or other business activity. In fact, for this purpose a large amount of money is paid with the awareness of the parties...

  • THE new legislation for the protection of consumers entered into force with the enactment of Law 112(I)/2021 dated 12.5.2021 to harmonize with the acts of the European Union...

  • THE management committee of a building complex is normally responsible to impose communal charges to the owners of the units, apartments, shops, offices or houses. This obligation of the landlord...

  • THE addition of a person as a party to an action pending before the Court may be ordered if this is deemed necessary for the Court to effectively and completely decide all the issues raised in the case...

  • Whenever a dispute occurs regarding the boundaries of adjacent properties which cannot be resolved amicably, the owners can apply to the Director of Lands and Surveys and request the resolution of the dispute...

  • The acquisition of an immovable property by foreign nationals of countries other than the European Union, requires the issuance of a permit by the relevant District Officer in whose district the property to be acquired is situated...

  • THE freedom of a person to dispose his/her property by will is subject to a restriction concerning the statutory portion to protect his/her family and close relatives, who are his/her children, spouse and parents. The disposable portion is stated in...

  • The special defense contribution is a separate tax imposed by Law 117(I)/2002, as amended, to enhance the defense capacity of the Republic. Among the persons who are obliged to pay the special defense contribution are the shareholders of a company who are residents in the Republic ...

  • The decision of the Director of the Land Registry on a property owner’s application for the on-site determination of the area of a piece of land, or the Director’s request for additional information from the applicant or the consent(s) of the co-owner(s), is a matter that regulates a private right to property and does not promote a public purpose ...

  • THE delay that is observed and hinders the reform of local self-government seems to be attributable to political and other reasons as well as to the lack of deeper knowledge and understanding of the issue. The superficial approach that is shown harms the institution itself, its democratic character and the citizens, but above all it exposes our state to its international obligations. The unsuccessful effort that started in 2011 requires a new immediate start based ...

  • THE delay that is observed and hinders the reform of local self-government seems to be attributable to political and other reasons as well as to the lack of deeper knowledge and understanding of the issue. The superficial approach that is shown harms the institution itself, its democratic character and the citizens, but above all it exposes our state to its international obligations. The unsuccessful effort that started in 2011 requires a new immediate start based ...

  • THE delay that is observed and hinders the reform of local self-government seems to be attributable to political and other reasons as well as to the lack of deeper knowledge and understanding of the issue. The superficial approach that is shown harms the institution itself, its democratic character and the citizens, but above all it exposes our state to its international obligations. The unsuccessful effort that started in 2011 requires a new immediate start based ...

  • Due diligence before buying a property is necessary to protect the buyer in his choice regarding both the property and the seller. Through this, the potential buyer obtains the relevant information and becomes aware of any issues or risks, in order to decide whether to proceed with the purchase of the property. In particular, when the property does not have a separate title deed and the buyer is interested in purchasing it, due diligence is required so that to obtain a copy of the title deed of the seller...

  • Real estate agents, as well as other professionals, whose profession is regulated by law, in the exercise of their profession must show conduct that is not incompatible with their profession, otherwise they commit a disciplinary offence and they may be prosecuted by the Council of Real Estate Agents. The Council, when examining a complaint or when it becomes aware in any way that a registered real estate agent may have committed any of the disciplinary offences mentioned in the law...

  • A person with poor health is usually cared for by a close relative, a situation which does not give the relative the right to acquire his property after the person lost his mental clarity. Such an act is considered unconscionable, since it is based on the relationship of dependence and the domination on the will of the ill person. The acquisition of property with the use of a power of attorney, either the transfer of immovable property or the withdrawal of money or the receipt of valuables, may be cancelled...

  • 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 an immovable property through purchase, donation or inheritance after the aforesaid date, for whom the relevant permission is required. For them, as well as for citizens or legal entities of non-EU countries, who wish to acquire an immovable property in Cyprus...

  • THE determination of the fair rent by the Court regarding houses and shops situated in a Rent Control area is regulated by article 8 of the Rent Control Law, which provides that no increase can be imposed upon a statutory tenant, unless as provided in the Law. It is lawful for the statutory tenant or the landlord to apply to the Court for the assessment of the fair rent payable for the rented property, if they consider that the amount of the rent payable is not fair.

  • 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 under the loan agreement or the provisions of the law, may undertake the procedure provided for the forced sale of the mortgaged property. The relevant notice of arrears or claim for the payment of the judgment debt is accompanied by the notice Type Θ provided by law...

  • THE creditor who secured a judgment against a debtor may register it as an encumbrance – memo in the Land Registry upon the immovable property registered in the name of the debtor. This security gives the creditor the right to apply to the court requesting the sale of the immovable property of the debtor in order to satisfy the judgment debt...

  • THE tourism industry made an early start this year and better results are expected in the following months. The Russian market entered first, followed by Israel, England, Germany along with the countries of Central Europe, Switzerland, Austria, Poland, as well as Ukraine and the Scandinavian countries. The hoteliers who took the messages seriously and undertook the risk, decided and opened their hotels in the last days of April and feel justified. They offered employment to their staff and the opening worked positively with good occupancies...

  • THE new provision added to the Rent Control Law and in particular in case the landlord claims the recovery of possession of his property when the tenant does not pay the legally due rents, gives the tenant the right to file a reply to the eviction application, provided he proves that the rents have been paid. In this case, the registrar of the court accepts or rejects the filing of the tenant’s reply and his decision is submitted to the court within three working days for final approval or rejection. The court’s decision...

  • THE granting of a debenture of floating charge on the assets of a company secures the creditor for a loan or a facility granted to it and gives him the right to appoint a receiver when the company does not meet its obligations. The charge is floating and is different from a fixed charge, since it burdens the company’s assets but allows it to carry on its activities and only when the right to appoint a receiver is exercised, it becomes a fixed charge attached to its assets.

  • A statutory tenant against whom an eviction order from a building was issued for the purpose of demolition, is entitled to a stay of execution until his appeal is determined; otherwise the appeal will become of no substance, the building will be demolished and the tenant will lose the right to restitution.

  • A will contains the written declaration of a person in accordance with the law for his intention regarding the disposition of his movable or immovable property after his death and includes a codicil. Therefore, in order for a document to be considered a will, the formalities required by law must be observed, otherwise the will is not valid.

  • 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 breach of its statutory duty, which allows them to be compensated for the loss they suffered.

  • 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 breach of its statutory duty, which allows them to be compensated for the loss they suffered.

  • THE principle of natural justice requires that a person affected by an order or decision of the Court must be served with the relevant proceedings so that to be given the opportunity to be heard, a right safeguarded constitutionally. The guarantee of this right is the duty of every Court to establish that a person affected by any decision or order has become aware of the proceedings and has been given the right of defence to submit his own allegations...

  • 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, it empowered the Administrative Court to consider and decide, in the first instance, any recourse brought before it against a decision, act or omission of any body, authority or person exercising an...

  • The law allows the sale and transfer of building density from a donor property, which must be a listed building, to a recipient building located in an area declared as such by the Council of Ministers. The owner of the recipient property can use buildable square meters from the donor property in order to cover any excess or need in the construction of the recipient building.

  • A relation that is based on trust, between relatives or business associates or otherwise, may lead people to open a joint bank account, either a fixed deposit or another type of account depending on their needs or circumstances. Such an account operates in accordance with the mandate given and the bank is authorised to allow deposits or withdrawals from the account by the beneficiaries individually or jointly An agreement is created between the bank and the beneficiaries which allows the bank, based on the agreement’s explicit or implied terms, to...

  • THE readiness of the hotels to welcome tourists is given and the efforts of the tour operators, especially from the United Kingdom, to start flights from May, creates the prospects for the tourist season to start earlier this year. Before the pandemic, bookings used to start from the previous year and gradually increased until the end of the tourist season in October/November commencing in March/April. Last year...

  • 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 regarding the seller himself. Although underestimated at the beginning of the negotiations, this preliminary inquiry is crucial...

  • 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 encumbrance known as memo and makes the property a guarantee for the recovery of the judgment debt...

  • 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 for the requisition and when it will start, as its duration cannot exceed a total of three years. The purposes of public benefit are...

  • 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, it empowered the Administrative Court to consider and decide, in the first instance, any recourse brought before it against a decision, act or omission of any body, authority or person exercising an...

  • A litigant who files an action or uses any other legal procedure before the Court, including an appeal before the Supreme Court, when it appears from credible evidence that he is unable to pay the other litigant’s costs if he succeeds in his defence, he may be ordered to give adequate security for these costs and the procedure is suspended until...

  • THE owner of a piece of land who intends to develop it may apply to the competent Town Planning Authority for preliminary views before applying for a town planning permit. This opportunity is usually used by the owners in order to be informed whether their town planning application will be treated positively or negatively based on the applicable planning/legal framework in the area. The preliminary views of the Town Planning Authority were not binding until the amendment of the Town Planning Law with Law 134(I)/2015...

  • IN the context of an application to resolve property disputes between spouses, anyone of them can apply to the Court requesting an order against the other spouse to disclose his/her assets through an affidavit. The Court sets a time limit of 15 days or any other time from the issuance of the order within which the spouse is obliged to submit an affidavit in which he/she describes in full, clearly and in a specific way the property...