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Cyprus Property - Restrictive Covenants

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Information on Cyprus property restrictive covenants

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A restrictive covenant restricts the use or development of any property in favour of another property and may be registered with the Department of Lands & Surveys.

The application for registration is filed with the Lands Office of the District where the properties are situated. The covenant is registered with an entry made in the Land Register in respect of the registrations of the properties concerned and on the certificates of registration.

No restrictive covenant may be registered unless:

It determines all properties involved with a reference made to their registration number, plot number, sheet/plan etc.

It is signed by the owners of the properties concerned and their signature is duly certified.

The property, whose use or development is under restriction, is registered (has a title). Where such property is subject to any encumbrance, the applicant must present the written consent of the person in whose favour the encumbrance exists.

The application may be filed by any of the interested parties at any District Lands Office and attached thereto must be:

The original of the covenant duly stamped.

The certificates of registration of the properties.

All prescribed fees are payable upon filing of the application.

Restrictive covenants may be cancelled or amended by order of Court.

The time required for completion of the procedure is estimated to 2-3 months and varies according to the particularity of each case, the accumulated volume of work and available personnel.

Source Department Of Land And Surveys

Last Updated 21 October 2016

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