Archive for March, 2009

Title Deeds in Cyprus

Wednesday, March 4th, 2009

Welcome to CyprusTitleDeeds.org!

Our website will be publishing helpful  information on title deeds in Cyprus.

It is by no means fortunate that is issued is not resolved already.  The legal system in Cyprus provides all the necessary legislation in order to avoid this kind of a problem.  The unfortunate is our culture and way of conducting our business on this island that allows the problem to exist. 

While many associations, individuals and organizations (as our office) attempted to assist the minister in his effort to change the legislation in order to tackle the problem, we would like to bring to your attention certain points that you can apply in order to at least safeguard your investment.

1. Do not buy a property without legal advice.
2. Due Diligence must be exercised by your lawyer before you buy any property.
3. Make sure you know all about Planning Permits and Final Building License before you make the purchase.
4. Your contract must have written evidence of the above Planning Permits and Final Building License.
5. Your contract must be Land Registered.  You should have evidence of this.
6. Do not accept delivery of your property without Final Building Permit.
7. The Developer must take all necessary steps for the Title Deeds, starting from immediate actions as soon as you take delivery of the property.
8. Do not stop any pressure to the developer or do not stop your actions until you take title deed in your hands.

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