Contract Law And The Construction Industry

In Cyprus, contract law is based on the fundamental principle that "promises must be kept" (in Latin: "pacta sunt servanda")

In order for these promises to be kept, the content of the contract must therefore be clear. Where the content of a contract is not clear or cannot be made clear, then the contract is null and void. In Saab & Another v. Holy Monastery Ay. Neophytos (1982), it was decided that where the main terms of the contract are clear or can be ascertained from its entirety, then the contract is valid irrespective of individual ambiguities and that it is the duty of the Court of Justice to save a contract, if that is possible.

The 'Parol evidence' rule establishes that the written text of a contract contains the entire agreement between the parties. This Rule (in general) prohibits the introduction of extrinsic evidence (i.e. evidence of written or oral communication between the parties that is not included in the contract) which would modify the terms