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Fees and Charges

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1. APPLICATIONS

Local Enquiries

a. for each application……………………………………….…….…..……..……CY£1,00
b. plus, for each property involved……...……..…………………….……..…….CY£0,10

Additional charges and fees are levied depending on the type of the application:
i.
for each property included in an application for compulsory partition.....…..CY£0,50
ii.
for survey work done in cases of boundary disputes for each property

where such work is undertaken by:
a. a land officer ……………………………………………………………............ CY£6,00
b. a land surveyor or land officer helped by assistant land surveyors and the use of survey instruments………...……………CY£12,00

 
i. for survey work relating to the division of land or buildings for
each new plot or unit created:
a. where the work is undertaken by the land officer…..………….................… CY£6,00
b. where the work is undertaken by a land surveyor or a land officer helped by assistant land surveyors and the use of survey instruments.…………………………………………………CY£12,00

Note: Where the plots or units created are approved building sites, flats or other building units, instead of the above a) and b) the survey charges levied are:………………………………………………..…..…………….. .CY£35,00
i. for the registration of property by adverse possession:

on the assessed value of each property …………………………………….….8%

 
ii. for the registration of properties in the name of legatees and non-legitimate heirs on the market value of each property on the day of the legator’s death

for every pound up to CY£50.000,00……….…………………………..……….3%

for every pound exceeding CY£50.000,00 but not exceeding

CY£100.000,00 ………………………………..…..………..…………………….5%

for every pound exceeding CY£100.000,00 …………..………..……..……….8%

Note: The market value of each property is determined by the Director of the Department of Lands & Surveys and is notified to the legatee. Where the latter does not agree with the value so determined he/she is entitled to apply to the Supreme Court.

 

(iv) for every certificate of registration issued…………..……………………CY£0,25

 
1.
Registration of property without local enquiry, record of easement

or restrictive covenant, evidence before Court etc.

Fees are payable:
a. for each application……………..…………………………………….….… CY£0,50
b. for each certificate of registration issued…………………….…….…….. CY£0,25

 

Additional fees are levied for the record of rights, easements, restrictive covenants etc.:
i. for each property involved…….…………………………..………….….CY£1,00
ii. plus, on the assessed or market value of the right or easement, the same fees as payable for transfers (upon gift, sale, exchange etc.)
a. For charges based on the time spent for the provision

of the respective service per hour spent………………..……………….. CY£5,00
1.
Demarcation of property

for each land mark ………………………………………………………..……. CY£6,00
2.
Certificate of indivisibility (for properties held in undivided shares)

for each property……………………………………………..………………….. CY£0,25
3.
Certificates of registration of mortgage or charge

for each certificate………………………………………………….……………. CY£0,50
4.
Cadastral survey plans
a. whole plan……………………………………….………………………..…..CY£1,00
b. any part thereof………………………………………….…………………...CY£0,60
1.
Certified copies of various other documents
a. for the preparation and certification of each document, for each page

or part thereof………………………………………………………………… CY£0,25
b. for the certification of a document, for each page or part thereof…….…CY£0,10
1.
Search Certificates
a. for the registered properties of a specific person per village or quarter……………………………………………………………………. CY£1,00
b. for the assessed properties of a specific person per village or quarter ……………………………………………………………………………..…. CY£0,50

 
c. for the name of the registered person of a specific registered property, for each property……………………………………………………………..CY£0,50

 
d. for particulars or encumbrances relating to a specific property or any other information for every hour spent………………………………………………………… CY£5,00



2. TRANSFERS

Fees paid by the transferee, (i.e. the person in whose name the property is transferred)


a) Upon gift or sale by parents to child, the fees are levied on the assessed value of the property ……………………………………………………….……. 4%

b) Upon gift from spouse to spouse and from relative to relative within the third degree of kindred other than upon gift by parent to child on the assessed value of the property…………………….……………….……8%

c) Upon exchange of property from relative to relative within the third degree of kindred or from spouse to spouse or upon exchange of properties of equal market value.
  • on the assessed value of the property …………….…………………………….4%

    (d) Upon sale other than by parent to child and upon gift from relative to relative other than within the third degree of kindred on the sale price or on the market value of the property:
  • for every pound up to CY£50.000,00……………..…….…….…………….……3%
  • for every pound exceeding CY£50.000,00 but not exceeding CY£100.000,00…………………………………………………………...…….….5%
  • for every pound exceeding CY£100.000,00……....….…..…...…..…..…..……8%

    Note:
    Where in the opinion of the Director, the declared sale price is below the market value (as at the date of the agreement), such market value, on which the fees are payable, shall be determined by the Director of the Department of Lands & Surveys. The transferee is entitled, upon payment of the above fees, apply to the Supreme Court to contest the Director’s decision.

    (e) Upon exchange of property other than from relative to relative within the third degree of kindred or other than upon exchange of property of equal market value. Each transferee shall pay fees on the assessed value of the property with the lowest market value whereas the person acquiring the property with the highest market value shall pay fees on the difference of the market value between the two properties as in (d) above.

3. MORTGAGE

Registration of mortgage


a. On amount advanced under the mortgage……..………………………………….1%
  • Provided that, where an existing mortgage is cancelled and on the same day a new mortgage is declared and the parties to the declaration and either the properties mortgaged or the amount advanced being the same, the fee shall be either 1 % on the amount advanced under the new mortgage or CY£1,00 plus 1% on difference between the amount advanced under the previous mortgage and the amount advanced under the new mortgage, whichever is less.

    b. Additional fee for two certificates of registration of mortgage………… …CY£0,50


4. TRANSFER OF MORTGAGE

TRANSFER OF MORTGAGE


(a) On the amount of the outstanding debt:

i. upon transfer by parent to the child………………….………………………. ½ %
ii. in all other cases….……………………………..…….………………………… 1%

(b) Additional fee for certificate of registration of mortgage………………....CY£0,25


5. ENCUMBRANCES AND PROHIBITIONS

ENCUMBRANCES AND PROHIBITIONS


(a) for acceptance of documents attaching or purporting to attach or charge immovable property (registration of memo, interim order, deposit of contract of sale etc.) ..…….……………………………………………………. CY£1,00

(b) for issue of certificate of registration of charge….………....................................................….………….. CY£0,25

(c) for acceptance of documents for prolongation of the period of registration of memorandum…...........…. CY£0,50


6. FORCED SALE BY PUBLIC AUCTION

FORCED SALE BY PUBLIC AUCTION


a. for acceptance of documents applying for the sale of immovable property………………………………………………………. CY£0,40
b. for acceptance of documents authorising the sale of immovable property……..………………………………………………. CY£0,25
c. for preparing notices of sale:
  • where the assessed value of property to be sold does not exceed CY£100,00………….…………………………………………………... ..CY£0,30
  • for every additional CY£100,00 provided that the total fee does not exceed CY£2,00…………………………………………….... CY£0,15
    a. for distribution of proceeds of sale…….…….……………………………... CY£0,25
    b. for making a final account……………...………………………………..…..CY£0,15
    c. for issuing a copy of the final account….……………………………..…....CY£0,10

7. LEASES

Registration of lease or sublease
  • upon lease or sublease by parent to child or by child to parent or from spouse to spouse or from relative to relative within to the third degree of kindred on the capital value of the lease (minimum fee CY£5,00)……………………. ½ %

    In all other cases:
  • on the capital value of the lease (minimum fee CY£10,00)……………….……5 %
  • fees for each certificate of registration………..……….…………..………. CY£2,00

    Transfer of lease/sublease


    a. Upon gift or sale by parent to child or by child to parent or from spouse to spouse or from relative to relative within the third degree of kindred…... CY£5,00

    b. Upon sale or gift from relative to relative other than within the third degree of kindred reckoned on the capital value of the lease …….………….. 5%

    c. fees for each certificate of registration………..…... ……….………………. CY£2,00

    Note:
    Fees are levied at the date of deposit of the application of registration of a lease or sublease or at the date of acceptance of a transfer of lease. The capital value of the lease is determined by the Director of the Department of Lands & Surveys.

    The lessee, sublessee or transferee of the lease is entitled, upon payment of the fees, to contest the Director’s decision before the Supreme Court.




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