Monthly Archives - October 2015

October 2015

New Cyprus Legislation enables purchasers to obtain title deeds

The new Legislation A. Title Deeds The Cypriot Parliament has recently enacted new legislation with regards to the transfer and issue of separate title deeds of immovable properties purchased in Cyprus and the avoidance or reduction in the payment of transfer fees for the said properties. The law applies to all cases where a contract of sale to purchase a property was deposited at the relevant District Land Registry Office on or before 31st December 2014. However, buyers who failed to deposit their...