Fact: Rent control in Cyprus, established in 1983, is seen as an obstacle that stifles development and investment opportunities in the local property market.
A statutory tenancy is tied to the premises and grants the tenant the right to remain in possession without eviction as long as they comply with the Rent Control Law. This right can be passed to a surviving spouse or child if they lived or worked at the premises at the time of the tenant’s death. However, the obligations of the deceased tenant, such as unpaid rent, do not transfer to the surviving spouse or child but remain a personal obligation of the tenant’s estate. In a case reviewed by the Nicosia Rent Control Court, it was determined that actionable rights that survive a tenant’s death do not extend to maintaining a statutory tenancy, leading to the dismissal of a case for possession recovery after the statutory tenant’s death.