#law

Confidentiality should be safeguarded in commercial transactions Every transaction includes elements of confidentiality, especially with regard to the sale of assets, property, shares or in the event of agency, franchising ...

The contribution in the acquisition of an immovable property is adjusted to its value at the time of the separation Property relations between spouses vary from case to case depending ...

Acting as a real estate without being registered and holding a licence is illegal and the real estate agents council may apply to court for the issuance of a decree ...

The pledge should be registered with the Registrar of Companies for the protection of the creditor The creation and registration of a pledge over a certificate of a company’s ...

They protect the assets of a company under liquidation and maintain its status If the creditor of a company serves to its registered office a claim for payment of over €5.000 ...

Their refusal gives a tenant the right to be heard even though the rent has not been paid The behaviour of a landlord and a tenant is examined by the ...

An acquiring authority may apply to the court to determine amount of compensation An acquiring authority, which may be the Republic, a municipal authority or a legal entity of public ...

An arbitration clause in an agreement is binding on the parties unless annulled by court Parties frequently choose arbitration to resolve disputes that may arise during the execution of an ...

Xenia Kalogirou and Ioannis Sidiropoulos consider how Cyprus is faring amid the accelerated pace of e-commerce development across the globe Fintech is not just a term referring to revolutionary but ...

If an issue arises during execution, the registrar applies to the court for directions The order for the eviction and surrender of possession of a property, like any other order ...

An oil company does not acquire the status of the statutory tenant of the land where the petrol station is located The Rent Control Law 23/83, as amended, does not include ...

It can be examined through a lawsuit and not in the procedure of administration of the estate of the deceased The duties and powers of an administrator of the estate ...

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 from the alienation or encumbrance ...

Cyprus has slipped on all governance indicators compiled by the World Bank, particularly when it comes to the rule of law metric. The World Bank has just published its 2020 data ...

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 Law 112(I)/2021 to harmonie with ...

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 communal charges from occupants. The ...

The criterion is whether their legal rights or financial interests are directly affected A person can be added as a party to an action pending before court if it is ...

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 the boundaries of adjacent properties, ...

The law requires stamping of the contract of sale and not its deposition at the Land Registry for the examination of the application by an alien The acquisition of immovable ...

It regulates the private right to real estate and does not promote public purpose The decision of the director of the land registry on a property owner’s application for ...

Each country has its own regulations regarding real estate agencies. In Cyprus the Real Estate Agents Law, but when people come from abroad, they have their own country’s system ...

‘It constitutes the first step in checking the correctness of the decision’ IF someone isn’t happy with a town planning decision regarding a permit to develop immovable property, they ...

‘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 ...

‘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 ...