#cyprus courts

Foreclosures have been suspended until the end of October, while a special judicial procedure will be created to deal with non-performing loans (NPLs), cabinet decided on Wednesday. Primary properties valued ...

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 ...

Cyprus has a problematic legal system through which it takes a very long time to secure a court decision, with the end result being that those in the wrong get ...

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 ...

Banks warned on Friday that a proposed bill to allow loan defaulters to file a case in court to suspend the foreclosure process, posed a huge risk to the banking ...

It presupposes the issuance of a title deed and failure by the buyer to fulfil his obligations to the bank A collateral assignment agreement is commonly used by a property ...

People that work in the public sector may be referred to as public servants, but this is a misnomer if ever there was one. Rather than serve the public, these ...

A court of labour disputes ruled on Friday that four associates hand-picked by former President Nicos Anastasiades, will remain in the public service as permanent staff. According to the audit ...

An effort to modernise and improve the way the judicial system operates is in the pipeline, Justice Minister Anna Procopiou said on Tuesday, saying new courts will be established. “This ...

A legally terminated agreement ceases to be valid An innocent party to a property sale agreement, whether a vendor or purchaser, can terminate it without this having any legal effects. ...

President Nikos Christodoulides on Thursday referred back to parliament a law it passed in late March regarding the handling of Turkish Cypriot properties in the south, deeming the legislation unconstitutional. ...

When part of someone’s land is taken by compulsory acquisition to become a public road, the owner can accept the issuance of a building permit in exchange, based on ...

The court has power to issue an order for the cancellation of a mortgage when the obligation secured has been paid off or ceased to exist A mortgage creditor has ...

No order for the recovery of possession of a property can be set aside if there is no compliance with the order of the court The recovery of possession of ...

In the event that termination of a sale contract for immovable property is held invalid, the purported termination constitutes a breach, resulting in consequences to the party in default Every ...

The court may set aside a judgement if a party did not appear at trial, under terms and if the application is made within 15 days after the hearing A strong ...

The encumbrance created by lodging a contract of sale at the land registry is valid until its cancellation The registration of a sale contract at the land registry creates an ...

A management committee of a jointly owned building may sue and be sued, but does not act as a private prosecutor The powers of a management committee (MC) are limited ...

The testator can put a fingerprint on the will or direct another person to sign on their behalf A disabled person who cannot sign a will because of a physical ...

An appeal is allowed only on points of law and the court of appeal does not go into issues of evidence evaluation The maxim that no person can be prosecuted ...

The title of a lawsuit concerning a company under liquidation specifies the name of the liquidator and their capacity In every legal proceeding involving a company under liquidation, its name ...

Cabinet has tweaked the legislation to hire far more judges and court staff to decongest the backlog of asylum seeker applications. The courts are currently facing a backlog of 20,000 cases, ...

Disposition made with intent to defraud a creditor is deemed to have been made fraudulently and may be set aside by a court order The court can set aside disposition ...