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ore you buy anyone property in Cyprus you should all seek the counsel of an expert real estate deputy and lawyer. In this regard, the following namely a rapid checklist of some of the basic things they ought be checking:
1. Doing a land heading quest by the relevant District Land Office - this namely done apt determine namely the seller has a valid land heading deed, which ought likewise differentiate you if there are any pledges or additional demands over the property;
2. If the property you are buying is still under construction, which many are, then your attorney should be checking to see whether the project has the appropriate planning and establishing permits. Also, make sure the land title deed because the project has been split into individual deeds and no an deed as the whole project;
3. If you buy land to develop yourself, determine your real estate agent checks that the land can be developed: case in point, namely it has effortless way to a road; telephone, electricity and water facilities, etc.
4. If you are buying leasehold property, where the rent term will exceed 33 annuals, you'll need to make an applying to the Council of Ministers in many the same access as whether you were buying freehold property - so make sure your lawyer does this;
5. Insofar for the compact is concerned, determine that the compact contains provisions that:
a. the sale/purchase is subject to you obtaining always the required permissions;
b. possession is taken above execution of the contract, or achievement of the project, whichever is the earlier;
c. as the buy of a smooth,[link widoczny dla zalogowanych], general use and maintenance rules are comprised in the contract;
d. the contract contains an unwind/refund provision, in circumstance you need to get out of the contract before you take possession of the property;
e. where the property being purchased is a new development,[link widoczny dla zalogowanych], the contract contain a warranty period for the construction;
f. where the jobber is a corporation, that the human signing the contract is licensed to do so; and
g. whether the tradesman is a person or company, the contract has been witnessed at at least 2 witnesses of lawful age.