Specific Performance relating to Property Sales Protection to Purchasers- Specific Performance relating to Property Sales Protection to Purchasers-【移投策】

Specific Performance relating to Property Sales Protection to Purchasers

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2017-10-10

In brief, the Law of Specific Performance relating to Property Sales of 2017 has been brought into force and it grants the jurisdiction to the Court to allow for the filing of a contract or an action for specific performance, even if the prescribed period of time has elapsed. The test for the Court is to consider whether this is just and reasonable to do again for the protection of the purchaser. This is once again another protection offered to the Purchasers of property in Cyprus.


For further information on this topic please contact Ms. Nada Starovlah (nstarovlah@pittaslegal.com) at SOTERIS PITTAS & CO LLC, by telephone (+357 25 028460) or by fax (+357 25 028461)


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