One word can determine an entire commercial transaction
In today’s business world, it is often assumed that major commercial disputes are determined by the amount of money involved, the bargaining power of the parties, or their financial ...
The content of a property sale contract
A contract for the sale of immovable property has long constituted the cornerstone of certainty and security in real estate transactions.
In today’s property market, however, where land developments ...
Digital signatures and the new legal reality
Can a simple click create the same legal obligations as signing a contract? In the era of digital governance and electronic transactions, the answer is evidently yes. The introduction of ...
Compensation for mental distress from breach of contract
The mental distress that a person suffers as a result of a breach of a contract, which is intended to provide peace of mind and security, may give rise to ...
Cyprus dismisses 300 contract police officers despite EU rules
Nearly 300 special constables (Sea) serving in the Cyprus police force are set to leave their posts this summer as their fixed-term contracts expire, sparking discontent and potential protests among officers ...
Our View: There is a simple solution to ensure plug not pulled on state projects
Audit office spokesman Marios Petrides was on a television show last week talking about public tenders and insisting the state’s policy should be to award a contract for public ...
Erection of extra floor by developer
The buyer of an affected apartment is entitled to terminate their sale agreement and claim their money back and compensation for any damage suffered
A seller who chooses to add ...
Breach of a contract of consideration
The issue is to put an owner in the position they would have been in if the consideration agreement had been fulfilled
An owner who agrees to give their land ...
Our View: Slapdash €300m project costing taxpayer dearly
There is no doubt that the tenders’ procedure for the Vasiliko LNG terminal was a catalogue of errors that violated every notion of rational decision-making. It suffices to say that ...
Obligations of statutory tenant and landlord
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 ...
Termination of a property sale contract
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 ...