It is an incorrect assumption that because property is held in joint names then on the death of one party the property passes automatically to the joint owner. In England & Wales, unless a contrary intention is shown, this is the case. However, it is not the same in Cyprus.

The share of the property owned by the deceased does not pass automatically to the surviving joint owner.

The estate of the deceased has to be administered and the property passes in accordance with the terms of their Will or Cyprus intestacy provisions. Therefore, it is most important to make a Will to cover the distribution of any property owned in Cyprus if you wish to avoid the complications which would inevitably arise from the conflict of two different legal systems and the risk of the estate being divided under local rules.

Important Notice

Please see an important notice regarding changes that may affect your existing Will.

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