George Coucounis

The amendment to the legislation that took place on February 24 (Law 9(I)/2024) no longer allows the sale of immovable property located in areas not controlled by the Republic of Cyprus ...

A mortgage is a charge placed on immovable property by its owner to secure a sum of money or an obligation from a mortgage creditor. While in the case of ...

The administration of each municipality is exercised collectively by the council, in which the mayor, deputy mayors and councillors participate as members. Within the framework of their responsibilities, they manage ...

In order for a court to be able to judge and decide on a claim of a right to an immovable property the presence of all necessary parties is required. ...

The bill submitted to the House of Representatives by the MP for Famagusta of Disy, Nikos Georgiou, with the aim of amending the legislation governing the acquisition of real estate ...

The Rent Control Law, depending on the case, sets specific conditions for the issuance of an eviction order for a statutory tenant, which are set cumulatively and not alternatively. The ...

The principle of finality arises as an obstacle to the partial adjudication of disputes when there is duplication of the parties and the disputed issues. The party is prevented from ...

As a way of securing and repaying a debt, a court may issue an encumbrance order for the sale of a debtor’s shares in a private company. These court ...

The rule of law presupposes the employment of a sufficient number of judges who are able to provide results to the citizens who go to court to resolve disputes or ...

The exercise of the right by a debtor to choose and determine for which debt he makes a payment binds the creditor who accepts it and they must allocate it ...

Everyprospective buyer must conduct due diligence before purchasing a property, investigating all aspects concerning both the property and the seller, especially when it is a company and intends to develop ...

Following early termination of a tenancy, the owner of the rented property may find issues arise with the tenant, either regarding rent owed or compensation for damages to the landlord ...

Municipalauthorities, like the state, have real estate which they manage privately in order to meet their cash needs, acting as a private individual, to develop the property and derive financial ...

Property disputes between ex-spouses can be settled by the issuance of a court decision, but this should be conditional and leave it to them to fulfil mutual obligations towards each ...

The Supreme Constitutional Court seems to have definitively untied a difficult legal issue by interpreting Article 23.4 of the Constitution, regarding whether a compulsory acquisition order whose purpose has been achieved, ...

The lease of premises creates a reasonable concern of the owner regarding any damage or failure to maintain the premises by the tenant. Therefore, each tenancy agreement contains a relevant ...

Raising a counterclaim is a procedural issue and depends on the party against whom a claim is raised before the rent control court. It is important that there is identification ...

The management committee of apartment buildings is legally obliged to insure the jointly owned building and keep it insured at all times against fire, lightning and earthquake, with a licensed ...

The assignment agreement is increasingly being offered as a means of securing lending instead of a mortgage and is now being adopted more by banks for customer lending. The borrower ...

In the exercise of its discretion, the court may invoke the law of equity and order the specific performance of an agreement relating to immovable property, in the context of ...

The latin term ‘pari passu’ is used as terminology in legal, financial and other areas of everyday business and conveys the meaning of equal and proportionate treatment without priority. In ...

The parties to a rental agreement normally agree as to the use of the demised premises and a term is included obliging the owner to sign any necessary application for ...

The introduction of the notary, who is an officer of preventive administration of justice, in Cyprus, as it exists in Germany and other countries, will solve several problems that constantly ...

The division of a piece of land into separate plots constitutes an important procedure which is subject to the town-planning restrictions on the land, the requirements set by the law ...