
Real Estate Transactions in Cyprus
At Frank, we specialize in providing comprehensive legal support for clients engaged in real estate transactions in Cyprus. With our extensive experience in international property law, we ensure that every aspect of your transaction is handled with the utmost care, safeguarding your interests throughout the process. Here’s how we can assist you:
Legal Due Diligence
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Title Verification: We conduct a thorough examination to confirm that the seller holds legal ownership of the property and that there are no encumbrances, liens, or third-party claims.
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Land Registry Check: Our team ensures that the property is properly registered with the Cyprus Land Registry and that there are no issues with planning permissions or zoning that could affect your purchase.
Tax and Financial Assessment
Tax Obligations: We evaluate the tax implications of your purchase, including property transfer tax, VAT, and other related charges, to ensure that all financial obligations are clear and properly managed.
Assistance with Negotiations
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Negotiation Support: We assist in negotiating the terms of the purchase to secure the best possible conditions for you.
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Conflict Resolution: If any issues arise during negotiations, we provide expert guidance to resolve them promptly and legally.
Review of Purchase Agreement
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Contract Terms: We meticulously review all terms and conditions of the purchase agreement to ensure they are clear, fair, and in your best interest. This includes payment schedules, delivery timelines, and warranties.
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Buyer Protection: We ensure that the agreement includes provisions to protect your rights, particularly in cases of cancellation, delays, or disputes.
Building Permit and Future Planning
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Permit Verification: Our team verifies that the construction is compliant with the granted permits and that there are no unauthorized alterations or issues.
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Future Development Considerations: We assess the future planning permissions related to the property, ensuring you are aware of any potential developments that could impact your investment.
Registration and Documentation
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Property Registration: We handle the registration process with the Cyprus Land Registry, ensuring that the property is transferred into your name without delays.
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Document Management: Our office manages all required documentation, ensuring that everything is in order and submitted on time.
What Our Clients Say
