Questions & Answers
Questions & Answers
3 available 3 • View allCancellation of a property sale contract due to the buyer's breach
0
Q: Dear Lawyers,
I want to ask about the procedures and how long it takes to cancel a deposit contract of sale in the land registry?
The buyer-from UK paid deposit 10 years ago and deposit the contract but he didn't come to proceed. The title deeds and keys are still in the seller's name.
The buyer doesn't want to come to proceed or to cancel the contract. We called him many times and even by a certified letter that he signed it in England.
Thank you in advance

May 20, 2018
237
Tenancy increases permitted by law in Cyprus
1
Q: Dear Sir,
I am in the second year of a year by year tenancy contract with my landlord in central Larnaca. I am paying €430 per month for a two bedroom, one bath and a half, apartment on the 4th floor in a 10-year-old building.
Now, the landlord has foreshadowed a rise of €100 when the next period starts in February 2018.
The Cyprus Statistics Office has indicated to me that the rent levels in Larnaca have decreased a little during 2015 and -16, and shows zero change so far.
I have heard that there are legal limitations on the increase of rent, and I would be obliged if you could tell me what they are.
Many thanks

May 20, 2018
178
Reclaiming a property in Cyprus inherited from the mother
0
Q: مرحباً،
لدينا حصص في عقار في قبرص - ليماسول وعليها بناء، ونحن نملكه إرثاً عن والدتنا القبرصية التركية وأرغب بمتابعة أمور عقارنا القانونية.

Jun 8, 2018
240

Other answers by
14 14 answers •
View allPros and Cons of establishing a company or a branch in Cyprus 0
Mr Esquire
After greetings
My name is Mostafa and I am Egyptian. I want to inquire about the establishment of a limited liability company in Cyprus. Its activity is import and export.
I have an import and export company already. Is the establishment of a new company in Cyprus better than a branch of the company?
What procedures, costs and advantages can be obtained. Sorry for the delay.
With thanks and appreciation
Sep 27, 2018
254
Claiming ownership of the deceased father property 0
Hi,
My father of Greek/Cypriot origin owned a business in Limassol, Cyprus for over 30 years.
The land which this business was built on was owned by the Turkish government (Merimner.. I think) which was allocated and the ownership of the building was in my Father's name.
Unfortunately my father passed away suddenly in April 2000, since this time I have applied and attended the offices in Limassol to claim and transfer over the ownership into my name which for some reason has been prevented from happening.
I am still unable to find out whom I need to speak with, or even where to start and would like to know what I can do to gain what was legally my right in transferring the land over into my name.
For over 17 years now I have been prevented from inheriting what I feel was rightfully mine.
Could you please advise if this is something that I could learn more about or if there is a case to be opened regarding this.
Many thanks,
Chris
Aug 25, 2018
257
Misuse of a power of attorney granted to manage a bank account 0
I am a foreigner and have a permanent residency in Cyprus.
I had an account in the Hellenic Bank. Because I was busy out of Cyprus, I gave a power of attorney to my friend to take care of my account by signing bank documents in this respect.
After a while, I went to my bank to check my account. Unfortunately, I saw that she transferred all of my money to her own account without any permission or informing me.
I thought that because of the power of attorney that I have given to her, she had this right to transfer the money. But recently I thought, although she had my power of attorney, she had no right to transfer my money to her account.
What will be the result at the court if I ask to return my money?
Aug 25, 2018
305
Is it legal to terminate employment without reasons? 0
Dear Sirs
Does an employee have to agree with a termination notice letter if not proper reasons were given???
The contract only states:
12.1. Subject to the following, the company may terminate the employment by giving to the employees one month notice.
12.2. The company reserves the right, at its discretion, to terminate the employment immediately without giving the period of notice to above by paying the employee her basic salary in lieu of all part of her notice period as the case may be.
Can the employer terminate the contract without any reasons?
Thanks
Jun 28, 2018
307
Reclaiming a property in Cyprus inherited from the mother 0
مرحباً،
لدينا حصص في عقار في قبرص - ليماسول وعليها بناء، ونحن نملكه إرثاً عن والدتنا القبرصية التركية وأرغب بمتابعة أمور عقارنا القانونية.
Jun 8, 2018
240
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