Terminate Property Co-ownership - Force Property Sale in Cyprus

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How clients rate our Terminate Property Co-ownership - Force Property Sale Service...

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Excellent service, definitely recommended. Very good and reliable service!
Rakesh Rathod
Rakesh Rathod
14 Jun 2024

Service Details

Terminate Property Co-ownership - Force Property Sale

This service is available across Cyprus

Who Can Benefit from this Service?

If you need to enforce a property sale in Cyprus, specifically in a situation where co-ownership makes voluntary sale or distribution among co-owners impractical, and a compulsory auction potentially the ultimate option - this service will be extremely useful.  This service is appropriate for:

  • Individuals involved in a co-ownership situation in Cyprus, where the property cannot be easily divided or distributed among owners.
  • Those seeking a legal resolution to dissolve co-ownership through forced sale, ensuring equitable distribution of proceeds relative to ownership stakes.
Who Can Benefit from this Service?

Prerequisites

  • Acquisition of an "Undistributed Property Certificate" from the District Land and Surveys Department, confirming the property cannot be divided without violating minimum plot size laws.
  • Submission of a formal application, along with an oath declaration and necessary documents to notify co-owners, at the local Land Registry Office​​.
Prerequisites

Process: Our Approach

  1. Initial Consultation: Understand client's ownership situation and gather necessary documents.
  2. Application Submission: Assist in obtaining the "Undistributed Property Certificate" and submitting the application for forced sale.
  3. Legal Representation: Provide representation throughout the process, from application to auction.
  4. Distribution of Proceeds: Ensure equitable distribution of sale proceeds among co-owners, based on their respective shares.
Process: Our Approach

Advantages of this Service

  • Expertise in Cypriot Property Law: In-depth knowledge of local laws and regulations governing property co-ownership and forced sale.
  • Comprehensive Support: From documentation to court representation, ensuring a smooth and legally compliant process.
  • Fair Resolution: Commitment to achieving a fair outcome for all parties involved.
Advantages of this Service

Key Features of this Service

  • Legal support for obtaining the "Undistributed Property Certificate".
  • Assistance with application submission and notification of co-owners.
  • Representation in the compulsory auction process.
  • Expert advice on navigating Cyprus’s property co-ownership laws, including the Real Estate Ownership (Possession, Registration, and Valuation) Law, Cap. 224​​.
Key Features of this Service

Free Support Services Included

When combined with the free and innovative Advocate Abroad support services you can be sure that you are obtaining completely transparent legal services from registered and regulated English-speaking lawyers abroad.These support services include:

  • Verification of the regulatory status of your professional.
  • Fees as recommended by the Local Professional Body
  • Fees specified in advance and legally guaranteed.
  • Service levels agreed in advance and guaranteed.
  • All professionals must hold professional indemnity insurance.
  • Professionals' proficiency in English monitored.
  • Continuous quality controls and reviews.

Why choose Advocate Abroad?

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