Enclaved buyer at loss
‘The submission of an AEA application is of no value to the buyer when the issuance of the title deed is impossible’
Due diligence before buying a property, regarding both ...
Articles
Disciplinary action against a real estate agent
‘It presupposes conduct incompatible with their profession’
Real estate agents, as well as other professionals whose profession is regulated by law, must conduct themselves accordingly, otherwise they commit a disciplinary ...
Cancellation of transfer of property made with undue influence
‘The transfer of property without the free will of the donor may be cancelled as a result of undue influence’
A person with poor health is usually cared for by ...
Acquisition of immovable property by aliens
‘There is a need for reform of the relevant legislation for the acquisition of immovable property by aliens’
THE acquisition of immovable property by British citizens after December 31, 2020, when the ...
Determination of fair rent
‘Fair rent does not mean reasonable rent but is the market rent minus the legislative exceptions’
THE determination of fair rent by court regarding houses and shops situated in a ...
Setting aside a forced sale notice
“The service of the notice Type IA is done first by registered letter and not directly by a private bailiff”
A mortgage creditor, in the event of a mortgage debtor ...
Sale of property charged with memo
“No writ of sale is issued, unless the debtor has no movable property”
A creditor who secures a judgment against a debtor may register it as an encumbrance – memo – with ...
Landlord’s remedy for non-payment of rent
‘There is a remedy available to the landlord when the tenant’s reply is accepted by the court without payment of the rent’
THE new provision added to the rent ...
Credibility of a letter of guarantee
“The letter of guarantee safeguards the fulfilment of transactions”
A letter of guarantee constitutes a strong security of fulfilment of contractual obligations and gives credibility to the transactions. The letter ...
Safe purchase of property through auction
“The buyer of a property through auction is considered bona fide and safe”
The process of selling a property through auction as well as its transfer, according to the provisions ...
Remedy to correct court proceedings
“The remedy to correct court proceedings is a duty to restore justice”
The principle of natural justice requires that a person affected by an order or decision of the court ...
Extent of jurisdiction of the administrative court
“It has no jurisdiction in an application for execution of a judgment for costs”
The eighth amendment of the constitution with Law 130 (I)/2015 amended article 146 provides for the establishment, jurisdiction ...
The credibility of politics
“Local referendums necessary for the reform of local self-government”
The credibility of the political system, politics and politicians, is once again being questioned by the citizens and Cyprus exposed to ...
Reopening of hotels in May
The readiness of hotels to welcome tourists is a given and the efforts of tour operators, especially British ones, towards starting flights from May, creates the prospect of the tourist ...
Due diligence before buying a property
“Due diligence protects the potential purchaser in his choice”
The term due diligence refers to the process usually initiated by the buyer of an immovable property or a business, through ...
Timely renewal of memo upon a property
“It can be renewed if the conditions set by the law are cumulatively met”
The creditor who secures a court judgment against a debtor can register it with the land ...
Requisition of property is ordered exceptionally
“A requisition order is an exceptional measure to cover only urgent needs”
The requisition of an immovable property intends to serve the public and is an exceptional measure to cover ...