HOURLY CHARGE-OUT RATES FOR LAWYERS
In the office CY£ 50.00 Out of office CY£ 60.00 Out of town CY£ 100.00
CONTRACTS OF SALE
Obtaining instructions CY£ 45.00
Preparing contracts of sale (drafting
and printing), stamping and lodging
same with the District Lands
Officeaccording to purchase price:
Up to CY£ 10.000 CY£ 100.000
From CY£ 10.000 to CY£ 15.000 CY£ 150.000
From CY£ 15.000 to CY£ 20.000 CY£ 200.000
From CY£ 20.000 to CY£ 50.000 CY£ 375.000
From CY£ 50.000 to CY£ 70.000 CY£ 500.000
From CY£ 70.000 to CY£ 100.000 CY£ 700.000
Over CY£ 100.000 CY£ 750 +(P-100.000)X5
1000
(P corresponds to the purchase price)
APPLICATION TO COUNCIL OF MINISTERS
Preparing application to Council of Ministers with supporting documents and following up: CY£ 300.00
PROCEDURES FOR TRANSFER
Obtaining Central Bank's authority CY£ 75.00 Arranging tax clearing CY£ 50.00 Attending Land Registry to effecting transfer of property CY£ 75.00
OTHER AGREEMENTS REFERRING TO IMMOVABLE PROPERTIES
Lease agreements, amending agreements, cancellations, gift instruments contracting agreements, etc. As per Contracts of Sale and on hourly basis.
DEALINGS WITH CENTRAL BANK
Obtaining Central Bank's authority for the expatriation of funds CY£ 100.00
POWERS OF ATTORNEY
Simple form CY£ 50.00 Complex form (depending on time involved) CY£ 100.00
BILLS OF EXCHANGE - BONDS
Up to CY£ 5.000 CY£ 20.00 Over CY£ 5.000 CY£ 30.00
WILLS
Simple form CY£ 50.00 Wills setting up trust CY£ 70.00 Complex form, depending on time involved but minimum charge CY£ 50.00
ADMINISTRATION OF ESTATES
Initial fee CY£ 250.00 Plus additional charge depending on value of estate, as follows: Up to CY£ 10.000 5% From CY£ 10.000 to CY£ 50.000 4% From CY£ 50.000 to CY£ 100.000 2.5% Over CY£ 100.000 1.5%
MANAGEMENT OF PROPERTIES
Maintenance, supervision, payment of rates depending on time involved but minimum annual charge CY£ 150.00
CONSULTATION
Written opinion on any matter related to immovable properties, depending on time involved but minimum charge CY£ 70.00
LITIGATION
As per Court scales
- The figures above are exclusive of VAT, the rate of which is currently fixed at 8%.
- Official fees, travel and courier expenses, photocopying and international telecommunications etc., all charged in addition to the fees stated above.
- The above fees do not include our fees for the translation of documents or for any additional services rendered in case of complexity of the case and which are calculated on an hourly basis.
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