Checking Property Ownership Before Purchase in Cyprus

Before diving into a property deal in Cyprus, it’s crucial to ensure the legitimacy of ownership. Here’s a straightforward guide to help you navigate property ownership checks.

Request a Title Deed

• Why: Primary proof of property ownership.
• Action: Ask the seller for the property’s Title Deed. Ensure it’s the latest version.

Cyprus Land Registry Check

• Why: Authenticate the Title Deed.
• Action: Visit the local Land Registry office with the property’s reference number to verify ownership details.

Verify Absence of Encumbrances

• Why: Ensure the property has no debts or liens.
• Action: At the Land Registry, check for any encumbrances, such as mortgages or court orders against the property.

Check Property Boundaries

• Why: Ensure the property’s actual size matches the deed.
• Action: Compare the property’s physical boundaries with its description in the Title Deed.

Verify Previous Ownership Transfers

• Why: Ascertain legal transfer history.
• Action: Ask the Land Registry for a history of previous ownership transfers to ensure they were all legitimate.

Consult a Local Lawyer

• Why: Professional legal guidance is invaluable.
• Action: Engage a reputable lawyer in Cyprus to assist in verifying all legal aspects of the property. They can spot potential pitfalls you might miss.

Potential Delays

• Why: Some properties might not have a final Title Deed yet.
• Action: If buying a new property or one in a recently developed area, the final Title Deed might still be in process. Make arrangements in your purchase agreement to protect your interests.

Conclusion

Verifying property ownership in Cyprus is a critical step to ensure a smooth purchase process. Take the time to do thorough checks, use platforms like INDEX.cy for further insights, and always consider professional legal advice.