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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 1 December 2020 Investment of 90 million euros in Pyla

    Investment of €90 million in Pyla read more

  • 25 November 2020 Newzoe Developers Ltd have issued title deeds for their Irini Gardens houses

    Newzoe Developers Ltd have issued title deeds for their Irini Gardens houses read more

  • 17 November 2020 Historic day The development of Larnaca Harbour and Marina has been approved

    Historic day: The development of Larnaca Harbour and Marina has been approved read more

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 1 December 2020 Investment of 90 million euros in Pyla

    Investment of €90 million in Pyla read more

  • 25 November 2020 Newzoe Developers Ltd have issued title deeds for their Irini Gardens houses

    Newzoe Developers Ltd have issued title deeds for their Irini Gardens houses read more

  • 17 November 2020 Historic day The development of Larnaca Harbour and Marina has been approved

    Historic day: The development of Larnaca Harbour and Marina has been approved read more

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

The Parliament Voted Positive on the Eviction of Bad Tenants

With 31 votes in favor, 15 against and 2 abstentions, the Parliament turned the green light on its amendment to the law on rentals to allow owners to evict bad payers.

   

The DISY lawmakers' deferred law proposal stipulates that tenants who delay paying their entire rent for 21 consecutive days will then be able to begin eviction proceedings by filing a claim with the rental court.

According to the report, if the tenant fails to respond within 14 days, then proceedings are initiated in court, even in the absence of the tenant.

After the court ruling, the eviction will take place after 90 days.

This regulation applies to both commercial and residential estates.

Also, according to the DIKO amendment incorporated in the draft law, it is the duty of the judge and not of any court, registrar or registrar to validate or reject the registration or non-defense of the registration as the first stage of the procedure.

On behalf of DIKO, MP Christiana Erotokritou tabled another amendment from the plenary that was also voted in by the plenary (48 in favor and one abstention).

The new oral amendment by DIKO, Mrs Erotokritou said, helps tenants who for some reason were unable to pay their rent before the entry into force of this law. The amendment gives them the right, instead of being evicted for the next three months, to be able, if they wish, to repay their rent within 12 months of the entry into force of this Act.

Given that they will continue to pay their rents regularly from the day the legislation is passed, he said.

The amendments tabled by AKEL, EDEK, the Independent and ELAM MPs were not passed by the plenary.

By Heros Efthimiou