A Title Deed is a crucial legal document that serves as proof of ownership for immovable property, such as a house or plot of land. In Cyprus, Title Deeds must be officially registered with the Department of Lands and Surveys, the sole public authority responsible for managing property rights.
Title Deeds play a vital role in the property purchasing process, ensuring the legal transfer of absolute ownership from the seller to the buyer. A lawyer typically reviews the Title Deed to confirm the seller’s right to sell, verify that all applicable taxes and utility bills have been paid, and resolve any other legal matters.
Ownership is transferred to the buyer upon full payment of the property’s purchase price, along with any associated transfer fees and stamp duty. While acquiring a Title Deed is often a straightforward process, it can sometimes involve more complex and specialized procedures. For this reason, we strongly recommend working with a reputable lawyer who has expertise in Cyprus real estate and the nuances of Title Deeds.
We are committed to providing clear and transparent information about Title Deeds for any property, ensuring you have a complete understanding of all related details. If you would like to speak to us about Title Deeds, or if you have any other queries, please do get in touch.
