Selling your property

Selling your property

Name Change on Contract If you sell the property before it is, legally speaking, registered with your name on the title deeds , you have to cancel your contract of sale with the developer to enable him to sell it to someone else. The time & effort involved in doing this is quite small and should cost no more than CYP 500 in legal fees. This should be stated in your contract to purchase.However, if you have completed the purchase (and assuming you bought the property in joint names) you would have been liable to pay Property Transfer Fees  !!

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