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Legal Matters

Foreclosure bills passed into law

President Nikos Christodoulides heralded the bundle of bills voted into law in parliament tackling foreclosures on Friday, saying it...
Legal Matters

Foreclosures laws to be discussed in parliament

Today marks a crucial development in the landscape of property foreclosures as the Parliament is set to deliberate on...
Jointly Owned Buildings

New Bill for Jointly-Owned Buildings

In order to avoid misunderstandings, we have to admit that there is currently relevant legislation regulating jointly-owned buildings, which,...
Jointly Owned Buildings

New Jointly-Owned Buildings law in Parliament

The proposed legislative changes, tabled in the parliament yesterday, seek to modify and enhance the existing framework for the...
Jointly Owned Buildings

New Jointly-Owned Buildings law approved

A new Jointly-Owned Buildings law, which aims to resolve chronic problems of management committees and various other practical problems...
Legal Matters

Cyprus permanent residency rules revised

The Cypriot Government, in an attempt to attract foreign investment to the island and to help economic recovery and...
Jointly Owned Buildings

New Jointly-owned building law soon

New Interior Minister Constantinos Ioannou wants an amended law on jointly-owned-buildings to come into force the soonest possible so...
Latest News & Updates

Bill to protect & prevent trapped buyers

Deputies on Wednesday were discussing a mechanism aimed at protecting – and preventing – trapped buyers, after Finance Minister...
Jointly Owned Buildings

Jointly-owned building law in committee

In June I published details of a draft jointly-owned building law designed to solve a host of serious issues...
Legal Matters

Property tax law to help refugees corrected

In February 2021 the House of Representatives passed an unenforceable law levying a 0.4 per cent tax on all...
Legal Matters

An end to trapped buyers in the works

A bill has been placed before a plenary session of parliament that should prevent any more people buying property...
Legal Matters

Pushback to VAT change on home buys

MPs are undecided on whether to pass a European Union directive reducing the size of homes entitled to lower...
Legal Matters

Higher VAT on smaller homes ‘spells disaster’

A European Union directive to reduce the size of homes entitled to lower 5% VAT has real estate agents...
Legal Matters

VAT rate on first homes rethink

Faced with pushback from MPs and building industry stakeholders, the government on Monday agreed to - again - rethink...
Legal Matters

Coronavirus helps establish anti-corruption agency

The coronavirus pandemic has had an unexpected benefit of 'encouraging' Cyprus to establish an anti-corruption agency. Cyprus was ranked in...
Legal Matters

Cyprus failing to comply with EU VAT rules for dwellings

The European Commission has decided to send a letter of formal notice to Cyprus for its failure to properly...
Legal Matters

MPs pass unconstitutional Cyprus property law

The Cyprus parliament passed an unconstitutional law that could have resulted in problematic and even dangerous properties being sold...
Jointly Owned Buildings

Tears of joy when viewing her ideal apartment

Anyone who watched a Place in the Sun on Wednesday will have seen a woman who was viewing a...
Latest News & Updates

Property developer fined for unfair commercial practices

Larnaca based property developer Stelios Georgiou Property Limited has been fined €70,000 by the Cyprus Consumer Protection Service (CCPS)...
Latest News & Updates

MPs in new bid to help trapped buyers

A revised draft bill to help trapped buyers to finally get the Title Deed for the property they purchased will go before the House Legal Affairs Committee next week so that the bill can go the plenary on 12 July
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