A Title Deed in Cyprus is an essential legal document issued by the Land Registry, confirming an individual's or entity's ownership of property. It details property location, boundaries, and owner’s name, and is a definitive record of ownership. The Title Deed is vital for legal clarity and is necessary for establishing legal rights over a property.
Why it is important
In Cyprus, the Title Deed is indispensable for any property transaction, serving as the ultimate proof of ownership. It is required for selling, mortgaging, or resolving legal disputes involving property. Without a Title Deed, property transactions are significantly complicated. Obtaining a Title Deed involves due diligence to ensure the property's legal status. Buyers must ensure a Title Deed exists and is clear of encumbrances before finalizing a purchase.