George Coucounis

Banks are obliged to act on the terms agreed with clients when opening the account The opening of a joint bank account in the name of more than one person ...

The decisive factor is the granting of exclusive possession for a fixed period at a stated consideration There are many cases where there is confusion as to whether the legal ...

The representation of another person presupposes the existence of authorisation mainly through power of attorney and the transaction carried out is valid and binding on the principal. According to the ...

The department of town planning and housing and the municipalities acting as town planning authorities are materially responsible for the granting of town planning permits, authorising building or the execution ...

Citizens should be involved in the protection of the environment The right to a healthy environment is a fundamental human right that has not yet been enshrined in international conventions ...

When a restriction on property causes a substantial reduction in value, compensation must be paid The owner of a property affected by the laying of any electric line either above ...

Cyprus has been established as an important attractive tourist destination and this year is heading towards a very high performance. Over the last few months bookings have exceeded 95 per cent ...

A property owner who notifies a tenant when their rental agreement expires that they do not intend to renew it and calls on the tenant to surrender the property, is ...

The law of equity and trust intervenes and protects the tenant When the underground space of a building, intended to be communal parking space, is rented out to be used ...

Lack of controls by authorities enables illegalities The system of taxation of real estate seems to leave enough room for exploitation and tax avoidance, due to loopholes in the legislation ...

European Regulation (EC) 1784/2020 entered into force on 01.07.2022 and regulates judicial cooperation in civil and commercial matters between EU member states when a judicial or extrajudicial act must be transmitted from ...

Existing access for the benefit of a neighbouring property should be taken into account Some properties are enclosed and lack the necessary right-of-way to a public road, or have insufficient ...

Claim must be submitted within six months from the date of the notice of the town planning decision When seeking compensation due to land value being negatively affected by a ...

The tenant is obliged to pay rent and the owner to make repairs A lease, like any other contract, contains the contractual rights and obligations for landlords and tenants. In ...

The right of ownership takes precedence over possession, unless it was acquired as a privilege or right and registered with the land registry The right to own immovable property, and ...

Late deposition may be permitted by a court order If a buyer fails to deposit a sale contract they have entered into for the purchase of a property without a ...

Failure to file renders the action abandoned and subject to dismissal Under Order 30 of the Civil Procedure Rules, there is a ninety-day period from the date on which pleadings are ...

An arbitral award procured in violation of the principles of natural justice is subject to annulment Arbitrators are subject to review by the court, and where an arbitrator has committed ...

The reform of local government must come through its essential modernisation Local self-governing authorities that are capable of responding to their mission in the modern era, with powers and responsibilities ...

An immovable property is transferred and registered in the name of the trustee A person wishing to transfer an immovable property to a loved one or any other person, can ...

The director of the land registry provides information to an interested person for any entry or transfer in the land registry upon payment of a fee There are various reasons ...

Reservation fees are not refundable if the interested party backs out of the purchase A property owner may take a reservation fee from an interested purchaser in exchange for taking ...

AN estate agent, in the exercise of his profession, provides mediation services, with the aim of carrying out a real estate transaction between a seller and a buyer. The relationship ...

Lending is a contractual relationship based on the granting of a loan or banking facility by a banking institution to an interested borrower for a specific use. It requires an ...