The eviction of tenants who deliberately fail to pay their rents or who fall into arrears should be made easier next month when amendments to the Rent Control Law are passed by parliament.
The revised 'trapped buyers' bill designed to overcome the problems of the current law has been approved unanimously by MPs, but legal services have doubts that constitutional difficulties could not be resolved.
Political party 'Movement of Social Democracy' (EDEK) is planning to table proposals to freeze all repossessions by the banks as an extra safeguard for vulnerable homeowners who won't be covered 'Estia'.
A bill aimed at improving the 2015 trapped buyers law, which was successfully contested by the banks as being unconstitutional in the lower courts is being discussed by the House Legal Affairs Committee.
MPs have completed their discussions on the bill aimed at regulating Airbnb-style short-term property lettings and hope it will go before the plenum of the house before the summer recess.
The European Commission has taken Cyprus to the European Court of Justice for its failure to properly treat urban waste water from agglomerations with a population of more than 2,000 inhabitants.
The Cyprus Hotel Association is pressing MPs to pass a bill regulating Airbnb type rentals that has been on the table for nearly a year to combat what hoteliers consider as unfair competition.
A bill designed to regulate Airbnb-style short-term property rentals is almost ready to be put to the vote, but one issue has to be resolved; the ease with which owners would be able to rent out apartments.
Following Cyprus' action to abrogate the law requiring lawyers to charge a minimum fee for out-of-court work, the EC has closed infringement proceedings against Cyprus and an antitrust investigation.
The approval of a proposed bill designed to regulate and tax rental income on an estimated 40,000 Airbnb type rentals has been delayed as MPs said they needed more time iron out some issues.
The Cyprus Interior Ministry has published a document explaining the residency rights for UK nationals and their family members following the Brexit withdrawal agreement between the EU and the UK.
Legislation proposed by Cypriot MPs aims to overhaul and modernise outdated rent legislation and make procedures more effective when tenants fail to meet their contractual obligations.
The Cyprus Bar Association has been forced to repeal rules that required lawyers to charge prescribed minimum fees for their out-of-court work rather than competing against each other on price.
A bill designed to regulate and tax the rental income on an estimated 40,000 short term Airbnb style properties in Cyprus should be presented at a plenary session of the Cyprus parliament within the next two weeks.
British High Commissioner Stephen Lillie has written a second open letter to UK nationals living in Cyprus with the latest on negotiations regarding the UK’s departure from the European Union.
The Cyprus Consumer Protection Service has recently issued decisions against Alpha Bank Cyprus (former Emporiki Bank) and two property development companies Geormaride Ltd and VM Development Ltd.
The owners of property in Cyprus must be notified by the Land Registry personally if there is any significant change in the value of their property the island's Supreme Court has ruled.
It should soon be easier for landlords to recover their properties in Cyprus from tenants who fail to pay the rent if the bill submitted to parliament by the DISY parliamentary group is approved.
The complaint by 'Fairness in Fees' to the European Commission challenging price-fixing by the Cyprus Bar Association (CBA) has been successful; their minimum fee regulations will soon be consigned to the bin.
British High Commissioner Stephen Lillie has written an open letter to UK nationals living in Cyprus with the latest on negotiations regarding the UK's departure from the European Union.
