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

• Sale and purchase agreements
• Lease or tenancy agreements
• Sale of property under auction
• Key provisions and legal considerations

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
• Verification of building and planning permits
• Seller’s / Lessor’s Background checks and reputation assessment, Evaluating legal capacity to sell/lease property. Managing risks

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. The course has been approved and verified by the Cyprus Bar Association (CyBAR). The Summary of CyBAR’s Updated CPD Guidelines Based on the Operational Framework of the Cyprus Bar Association (CBA) Academy can be found here.

In-house Training

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