Tangible Movable Property As Security Under Cyprus Law | Lending & Taking Security In Cyprus. Part 2

Introduction

Tangible movable property plays a central role in secured lending structures particularly in corporate and asset-based financings. This note outlines what is treated as tangible movable property, the main security devices used, and the key perfection and priority considerations under Cyprus law.

Definition

Any property that is not permanently affixed to land or buildings is tangible movable property. It includes goods and trading stock, equipment, works of art, aircraft and ships, shares and other securities.

*For a broader overview of secured lending in Cyprus including the general legal framework, types of security interests, perfection and priority rules — see Part 1: Lending & Taking Security in Cyprus.*