Bribery in the private sector
It is illegal and the recovery of any undue advantage to any person is not allowed Bribery in the private sector constitutes a criminal...
Property
A guaranteed investment?
The taxpayer pays for provident fund gambling Notwithstanding my 42 years operating in the real estate market of this country, I’m still learning from...
Civil liability of an administrator of an estate
It can be examined through a lawsuit and not in the procedure of administration of the estate of the deceased The duties and powers...
Buying an older apartment
As the value of modern apartments has been increasing on the whole, there has been increased interest in the older units. If older apartments and...
Bribery in the private sector
Bribery in the private sector constitutes a criminal offence, and a court will not allow the recovery of any advantage received on its basis. It...
Real Estate: Zero time for actions against climate change
Companies that do not adopt the concept of sustainability will find themselves stranded By Yiannis Misirlis At a time when the planet is sounding the...
Injunction prohibiting the sale of a property
The injunction secures the future execution of a court judgment When filing a lawsuit, a plaintiff can apply for an injunction to prohibit the defendant...
Why some businesses are closing while others are thriving
We have studied the announcement by the small shopkeepers association (Povek) warning the state not to reduce the subsidies being paid to shopkeepers. The union...
New bills seek stronger tools to deal with bad debts
Lawmakers on Monday began reviewing three government bills which would give credit acquiring companies (CACs) enhanced access to debtors’ financial data, affording the financial industry...
The Consumer Protection Law of 2021
Aligns with EU law and regulates consumer protection issues The new legislation for the protection of consumers has come into force with the enactment of...
Limassol’s plan for affordable housing
In an interview on the radio, the Limassol mayor announced an initiative of the municipality to get involved in the construction of over 600 housing...
Purchasing the goodwill of a business
Many people enter into an agreement for the purchase of the goodwill of a shop or other business activity. In fact, for this purpose a...
Obligation of payment of communal charges
The owner is responsible for paying communal charges to the management committee The management committee of a building complex is normally responsible for collecting the...
Another look at retirement homes
We recently wrote an article about the need for quality retirement homes with all necessary facilities based on the American model. We talked about how...
Addition of a party to a pending action
The criterion is whether their legal rights or financial interests are directly affected A person can be added as a party to an action...
Celebrities adding value
In the past we have talked about real estate and celebrities and having a celebrity’s name attached to a certain project can affect property prices....
Cyprus Business Now
Venus Minerals Managing Director Peter van der Borgh said that Cyprus has a ‘significant average gold content in a copper-rich area’ in Troodos. “The results...
In Cyprus real estate, smaller houses, apartments are top choices
By Pavlos Loizou, Managing Director, WiRE-FS Demographic and social changes are impacting the international housing market, and of course that of Cyprus. In the US,...
Procedure for the resolution of a boundary dispute
The director of lands and surveys is always obliged to issue a decision for the resolution of a boundary dispute When a dispute occurs regarding...
Upgrading your home
As the values of residential properties are recovering and older properties have become quite competitive by comparison to new units, it could be time to...