Title deeds

This post was originally posted at http://paullawyer.com/new-title-deed-legislation. As of the 4th September 2015, any buyer who has a pending, registered contract with the Lands Office, and has either paid in full or partially, can now apply directly to the District Land Registry Officer requesting the transfer of the title deed into his/her name regardless of the existence of any legal or...

• 73 sq. m., 1 bath, 2 bdrm apartment - €89,000 EUR - Title Deeds - Walk to Sea - NOW SOLD! Kato Paphos, Paphos  -  This spacious two-bedroom apartment is located in the popular holiday area of Tombs of the Kings. The beach is within easy walking distance, together with the local bus route and a wide variety of shops and restaurants. Being a project of two storey blocks only, the apartment is on...

• 300 sq. m., 3 baths, 5 bdrm 3 story - €495,000 EUR- Title Deeds - NOW SOLD! Peyia, Paphos, Cyprus  -  This impressive 3 storey property is located on a large corner plot of a quiet residential cul-de-sac. The popular village of Peyia, which has a large variety of local amenities, is a few minute’s drives away. Being a corner plot, there is access to the property on two sides. At the front,...

There is an email being sent to many Cyprus property buyers and sellers by one of the largest property sales companies on the island.  The email states that because of new legislation that passed recently, buyers can now skip the developers when acquiring their title deeds, even if the property has been mortgaged by the bank. They claim that their dedicated title deeds department and the "First in...

We recently had the pleasure to speak with Mr. Paul (Pavlos) Efthymiou, the owner of the legal firm Paul (Pavlos)G. Efthymiou L.L.C, @ 3 Kinyras St. Gloria house Office 301 in Paphos. epcats@logos.cy.net A practicing Lawyer since 1989, he has seen the remarkable development that has taken place over the last 20 years in Paphos. Being one of the experts in the conveyance business we asked him to...

Once you have made an offer on a property, and the offer has been accepted by the owners/sellers, if you have not already you will appoint a lawyer. Lawyers will represent you in Cyprus and assist you with all the legal, technical and financial matters in purchasing a property in Cyprus. In the Cypriot system, there are 2 main categories of properties- A. The properties that have their own individual...

Builders and developers in Cyprus have been getting a bad press due to the “process” to acquire title deeds which can take up to 10 years or more! One would assume that anyone that pays for their property in full and upon completion of the property the title deeds would be issued. However, this is not the case and I will explain what can happen and how to safeguard your self when buying property in...

There are no “quick sales” in this market unless you are extremely lucky or give your property away.  A “quick sale” in this market is realistically around 6 months. Some homes have now been on the market for 3 years and more! There are ways to move your property in this market and there are ways to sabotage a sale – after you read this you can make the necessary changes or give your self a...