Evading Difficulties When Buying Property in Cyprus
Each year hundreds of buyers are attracted to purchasing real estate on the island of Cyprus. With a system of registered land and a legal process broadly based on that of England and Wales, buying a property in Cyprus is relatively straightforward. However, as with any jurisdiction, there are a number of potential snares of which a purchaser needs to be aware in order to avoid difficulties....
The Costs of Purchasing Property in Cyprus
When buying property in Cyprus there are a number of additional costs and taxes of which every buyer should be aware prior to committing to an acquisition. It is extremely important that a potential buyer plans for and takes into account each of the following incidental costs that will occur when buying property in Cyprus.
1. LEGAL FEES
It is imperative that a buyer instructs an independent...
Distributorship Agreements
A distributorship agreement is one that is made between the supplier and distributor of goods. The relationship is different in nature to other possible models of supply such as agency or franchise.
KEY CONSIDERATIONS
In deciding whether distributorship is an appropriate form of supply, a business must consider the following characteristics of the distributorship relationship:
LIABILITY
The...