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Real Estate Transactions: Legal Aspects and Practical Insights in Cyprus

Real Estate Transactions: Legal Aspects and Practical Insights in Cyprus

Dates

  • to
    Delivered Online
    €160+ VAT
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Highlights

  • Live Online

  • 3 CPD Units | 3 Hours


The EIMF Live Online Learning Experience

Participants will receive access to the recorded sessions of the course.

EIMF subject-matter experts deliver engaging and interactive courses across a broad spectrum of areas, that can be enjoyed in the comfort of your own chosen environment. Read more


Course Overview

This programme offers a comprehensive exploration of legal aspects in real estate transactions in Cyprus.

Participants will gain a thorough understanding of various real estate agreements including sale, purchase, lease, and auction contracts, focusing on key provisions and legal considerations. Emphasis is placed on drafting and reviewing property agreements, understanding contract terms, and applying best practices in negotiation.

The course covers essential due diligence practices such as title deed searches, encumbrance checks, and permit verifications, alongside evaluating seller/lessor credibility and legal capacity. Practical discussions simulate roles representing buyers, sellers, lessors, and lessees, ensuring participants are well-prepared for diverse real estate transaction scenarios.


Training Objectives

By the end of the programme, participants will:

  • Understand the different types of real estate agreements and their legal implications.

  • Identify key provisions and considerations in sale and purchase agreements, lease agreements, and auctions.

  • Develop proficiency in drafting and reviewing property agreements, including essential clauses and terms.

  • Analyse the legal implications of contract terms and apply best practices in drafting and negotiation.

  • Conduct thorough due diligence on properties, including title deed searches, encumbrance checks, and permit verifications.

  • Assess the credibility and reputation of sellers/lessors, evaluating their legal capacity to transact property.

  • Manage risks associated with property transactions through comprehensive background checks and risk assessments.

  • Gain practical insights and strategies for representing buyers, sellers, lessors, and lessees in real estate transactions.

  • Foster discussions on practical scenarios, roles, and responsibilities when acting for different parties in property transactions.

  • Apply theoretical knowledge to real-world scenarios through case studies and interactive exercises.


Training Outline

Types of Real Estate Agreements

  • Framework, Ownership, and Property Rights

  • Sale and purchase agreements

  • Lease or tenancy agreements

  • Sale of property under auction

Drafting and Reviewing Property Agreements

  • Essential clauses and terms

  • Legal implications of contract terms

  • Best practices for drafting and negotiation

Due Diligence

  • Conducting title deed searches and examinations

  • Identification and resolution of property encumbrances

  • Building and planning permits

  • Seller and Lessor Due Diligence: Legal Capacity and Risk Management in Property Transactions

Practical discussion

  • Acting for the Buyer

  • Acting for the Seller

  • Acting for the Lessor / Landlord

  • Acting for the Lessee / Tenant


Who Should Attend

This course is tailored for legal professionals, real estate agents, property developers, and individuals involved in real estate transactions in Cyprus. It is particularly beneficial for:

  • Real Estate Lawyers and Legal Advisors: Seeking to deepen their understanding of legal frameworks and practices in property transactions.

  • Real Estate Agents and Brokers: Enhancing their knowledge of real estate agreements and legal implications to better serve clients.

  • Property Developers and Investors: Learning essential due diligence procedures and legal considerations to mitigate risks in property transactions.

  • Compliance Officers and Risk Managers: Responsible for ensuring legal compliance and managing risks associated with real estate transactions.


Training Style

This course offers an in-depth exploration of real estate agreements, covering sale, lease, and other contracts with critical legal insights. Learn best practices for drafting and negotiating agreements, conducting due diligence, and managing risks. Practical discussions provide perspectives for buyers, sellers, lessors, and lessees, ensuring a great understanding of property transactions.


CPD Recognition

This programme may be approved for up to 3 CPD units in Law. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.


In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.

Facilitators

  • Marina Shiammouti

    Marina Shiammouti

    Read moreShow less

    Marina Shiammouti is a Lawyer and member of the Cyprus Bar Association. She currently works as a Senior Lawyer at Andreas I. Karydes & Co L.L.C, handling litigation, corporate, and compliance matters, and at the same time serves as Compliance Officer for Crowdbase Ltd, a CySEC-regulated crowdfunding investment services provider. Her work experience includes the provision of legal services in the areas of banking and finance, compliance with the financial regulatory framework, and general litigation services offered to a mixture of small/medium and larger clients, dealing with their cases regarding loans, bonds, real estate/property issues, and, of course, collections. She holds LLB from the University of Nicosia and a LLM in International Business Law from Cardiff Metropolitan University, and is a HRDA Approved Trainer. Moreover, her professional qualifications include CySEC’s Advance ,AML Certifications and ICPAC AML certifications. She believes that you "always have to stand for the right thing, even if you are standing alone."

Frequently Asked Questions

  • When will I receive my invoice?

    The invoice is issued on the day the course starts.

  • What payment methods are accepted?

    Payments can be made by bank transfer, cheque, or credit card.

  • When will my certificate be issued?

    Certificates are issued within 7–10 days after the course has been completed, provided that the invoice has been paid.

  • How can I access my certificate?

    Once your certificate has been issued, you will receive an automated email from Cademy notifying you that it is available.

    Click the Get Your Certificate button in the email to download your certificate.

    You can also access it from your Cademy account:

    1. Log in to your Cademy account from https://cademy.io
    2. Click on My Account from the top-right corner.
    3. From the drop-down menu select My Courses and Bookings.
    4. Choose the relevant course.
    5. Under Participants, click the three dots located next to your name. 
    6. Select Get Certificate.
  • Where can I access the course material?

    To access the course materials, such as presentations and recordings:

    1. Log in to your Cademy account from https://cademy.io
    2. Click on My Account from the top-right corner.
    3. From the drop-down menu select My Courses and Bookings.
    4. Choose the relevant course.
    5. Under Extra Details, you will find all the available course materials.