Property Rights

A Family Court of Cyprus has jurisdiction for  property disputes between separated or divorced spouses, provided that the assets concerned by the proceedings are located in the Republic of Cyprus. The Court in such cases takes into consideration the increase of the property of the other party which took place during the marriage  (or with intention to marriage)

In the event that the application is submitted by a spouse who during the marriage was a housewife who had not contributed financially to the increase, then there is a statutory rebuttable presumption that she has contributed to the increase of her husband's property by 1/3 and will be awarded by the Court the corresponding one.

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The above information is not intended to be used as legal advice and is merely an example to better understand the legal position of the reader. If you need legal advice please contact us today.