#law

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 ...

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 ...

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. ...

The farce surrounding the foreclosures law just refuses to go away. Our political parties, unable to find any other worthy cause to champion, have made it their mission to create ...

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 ...

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 ...

Their registration in the register of the Deputy Ministry of Tourism contributes to the control of their operation and collection of taxes Short-term rentals attract visitors either for holidays or ...

The district officer gives consent to the EAC to extend its network through a property, after consulting with the local authority The Electricity Authority of Cyprus often needs to extend ...

By Alexandros Clerides In any case where the death of a person results from an act of another person, there is a question as to how much this act will ...

It may be ordered by applying for a writ of mandamus to the Supreme Court Every person exercising public authority must properly apply the law for the benefit of the ...

A writ of summons is valid for 12 months unless it is renewed by a court order There is often a need to renew a writ of summons, which is valid ...

Equivalent to participation in defrauding a property owner and taking away their property The lack of adequate supervision and control of certifying officers provides the possibility of defrauding owners of ...

President Nicos Anastasiades has refused to sign off on, and has sent back to parliament, a law expanding the list of public officials needing special permission to be employed in ...

If there is an act of defraud, the Court will issue an order for the payment of the due installments as monetary penalty Failure of the judgment debtor to pay ...