Real Estate

Land is an important commodity in society. It also differs from other forms of property in that it is both permanent and indestructible. Because of these two features, it is quite possible for more than one person to have a relationship with the land, a phenomenon which, while possible, is less likely to occur with other forms of property.¹

The Law Office of CHM Lawyers-Legal Consultants deals with all matters relating to sale and purchase of freehold and leasehold property.

Areas of work include:

• Sale and purchase agreements
• Purchase of property by Non- Residents
• All aspects of Property and Contract Law
• Property Management for Non-Residents
• Wills and Probate Law
• Financing

For any related enquiries please contact:

christia@chm.com.cy
photeine@chm.com.cy

Wills

We advise all our clients to prepare a Will to deal with their property in Cyprus.

We can also assist and advise you regarding Inheritance Tax.

If you are considering moving to Cyprus it is most important that you review your existing Will and take legal advice to ensure that you have the correct measures in place to deal with your Cyprus assets on your death.

For any UK residents who have not made a Cyprus Will, but covered all their Cyprus investments and property with their UK Will, all movables and immovables will then become liable to UK Inheritance Tax.

Under Cyprus Law, if your estate in Cyprus is settled, under your instructions, in a Will drawn up in Cyprus, no Inheritance Tax is due.

Probate

Administration of Estates.

CHM Lawyers-Legal Consultants can advise and help at this difficult time in order to settle the deceased affairs.

For any related enquiries please contact:

christia@chm.com.cy