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ARTICLE · 15 JANUARY 2013

Property Amnesty Laws Amended

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The Cyprus Parliament has approved amendments to the so called Property Amnesty Laws in order to address problems arising from delays in the issue of certificates of registration (title deeds) to property owners.

CyprusReal Estate and Construction
Christos Vezouvios
Christos Vezouvios
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The Cyprus Parliament has approved amendments to the so called Property Amnesty Laws in order to address problems arising from delays in the issue of certificates of registration (title deeds) to property owners. The three amending laws, which streamline the application procedure and remove unnecessary obstacles, came into force on 2 November 2012 and set various deadlines for applicants.

The amendments provide for an extension of the time allowed for the submission of a Statement of Intent to apply for the issue of title deeds. Applicants must notify the Ministry of Interior no later than 30 April 2013 of their intention to apply for the legalisation of any irregularities and the issue of title deeds. The formal application must be submitted no later than 31 December 2014. The submission of a Statement of Intent does not commit the owner to submit a formal application, but if no Statement of Intent is submitted by 30 April 2013 the right to submit an application

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