At UNIQUE CYPRUS HOMES, we follow the strict regulations of the Real Estate Agents Law of Cyprus (Law 71(I)/2010, amended 2017). We ensure every property transaction is safe, transparent, and professional. Here’s a clear overview of the key points:
Only agents registered with the Cyprus Real Estate Agents Registry can legally provide real estate services.
Agents maintain a valid annual license and professional insurance to protect both buyers and sellers.
Assistants working for licensed agents register and train under the law to guide clients properly at every step.
To become a licensed agent, individuals must meet strict qualifications, including education, professional experience, and good character.
Companies offering real estate services register and comply with all regulations.
Agents from other EU Member States may provide temporary or occasional services, if they meet specific legal requirements.
Licensed agents must:
Provide complete information about the property, including legal restrictions, rights, and physical characteristics.
Disclose any personal interest in a property they sell or rent.
Display their license and registration details clearly in their office, documents, and advertisements.
Agents receive an agreed commission, typically 3% of the transaction value unless otherwise arranged.
Transactions conducted through unlicensed agents remain invalid, protecting buyers at all times.
The Council enforces strict disciplinary procedures to uphold professionalism and integrity.
Serious breaches, including fraud or misrepresentation, lead to removal from the registry, fines, or legal action.
Clients benefit from mandatory professional liability insurance.
By working with a fully licensed agent, you can trust that:
Your transaction follows Cyprus law.
Qualified professionals guide you according to ethical standards.
You stay protected from fraud or misrepresentation.
