A court decision puts an end to the practice of informing real estate buyers (when filing a sales document) about the liens borne by a property. Following the new data created by the decision, Attorney General Giorgos Savvidis, in his opinion, clarified that the Land Registry Department is not obliged by law to inform buyers - when they submit the sales contract - that there are liens on the property.
According to the legal opinion, it was decided that this practice of the Land Registry should be terminated, as the information of the buyers after the conclusion of the sales contract is considered to be delayed, while at the same time this practice causes substantial delays in the filing process.
