Reservation deposits in Cyprus: what to ask before paying or accepting money
Understand the difference between a reservation payment, proposed sale terms and a deposited sale contract. Prepare questions about refunds, conditions and who holds funds.
Terms to completion
Get the details agreed. Then get the work recorded.
Move from practical discussions to legal review, contract preparation and coordinated completion with fewer loose ends.
Start your property case ↗properly / your property workspace◈ Private case
Your next move.
All coming together.
S Seller B Buyer A Advocate Direct engagement pending
overviewconversationdocumentstasks
YOUR SALE, STEP BY STEP
✓Property briefPreparation recorded
✓Your viewingsPreparation recorded
3Agree the termsReady for the next conversationNext
4Legal checksUpcoming
5Contract & settlementUpcoming
◈ Shared coordination, clear responsibilities.properly.
▤
Property brief addedOne shared document room
✓SBG
Your move. Your team.Seller · buyer · case lawyer
Give the lawyer a useful brief
Record price, desired dates, included items, repairs, financing conditions and known issues. Make clear which points are proposed and which are ready for professional drafting.
Both parties confirm readiness
Buyer and seller each confirm when the proposed terms are ready for legal review. These confirmations do not execute a contract or replace advice about binding commitments.
Follow the legal work in stages
The lawyer records progress through checks, contract, settlement preparation and Land Registry transfer. Case notes keep the parties informed about what has actually been confirmed.
Keep the final step grounded in the real transaction
The lawyer explains payment conditions, bank releases and required official documents. Digital coordination does not remove certified-signature, authority or attendance requirements that apply to the case.
THE WORKSPACE IN PRACTICE
See the process take shape.
Example data, clear roles.
Try the tabs in the illustration.
properly / your property workspace◈ Private case
Your next move.
All coming together.
S Seller B Buyer A Advocate Direct engagement pending
YOUR SALE, STEP BY STEP
✓Property briefPreparation recorded
✓Your viewingsPreparation recorded
3Agree the termsReady for the next conversationNext
4Legal checksUpcoming
5Contract & settlementUpcoming
◈ Shared coordination, clear responsibilities.properly.
▤
Property brief addedOne shared document room
✓SBG
Your move. Your team.Seller · buyer · case lawyer
One case, with a clear owner for each step.
You bring the property you are selling or the one you want to buy. The seller handles viewings, both parties prepare the terms, and the accepted lawyer records progress through the agreed legal and completion work.
Explore the eight-stage workflow ↗Start with the brief.
Opening a case is free. The fixed-price digital sale package is €3,995 including VAT, paid at the start after suitability, scope and professional engagement are agreed. Opening a case does not collect payment. Any package payment follows the agreed scope and professional engagement.
See the price and scope ↗Prepare commercial terms that are specific enough to draft
Record price, timing, included items, funding conditions and anything the parties expect to happen before handover. Identify open issues rather than presenting a half-agreed proposal as final instructions. A clear brief lets the lawyer ask targeted questions about the intended agreement.
A completed form is not a legal review. Before signing, accepting binding wording or paying a deposit, ask your own adviser to explain the consequences. The platform’s readiness confirmations are intended as coordination records, not the executed sale agreement.
Give settlement its own document and payment plan
Ask the lawyer which clearances, lender statements, authority documents and other items are required. Identify who obtains each one and what date it must remain valid for. A target move date does not replace those requirements.
Verify bank instructions through the trusted channel agreed with the responsible professional. The purchase price does not pass through Properly’s public website or case-opening flow. Payment, release and handover conditions belong in the appropriate professional arrangements.
Source: Department of Lands and Surveys: sale and exchange ↗Keep the final record useful after the move
Before closing the practical case, identify which executed documents and confirmations each party needs to retain. Ask the lawyer which records support the completed transaction and which future obligations remain. Do not assume that receiving keys is the same as every registration or contractual step being finished.
The digital record helps the participants understand what was confirmed. It does not create missing rights or override a signed contract. If a dispute or additional assignment arises, obtain a clear new professional scope rather than treating the original package as unlimited ongoing advice.
Properly is a technology and coordination platform. Independent professionals carry out regulated work under their own appointments. The case lawyer’s client and scope must be clear, and the other party may need separate independent advice. Read the platform role and scope.
Questions before your next step.
Are online readiness confirmations legally binding offers?
They are intended as workflow readiness records, not the sale contract. Ask your lawyer before making an offer, signing a reservation or paying a deposit.
Is every transaction completed with one final meeting?
No universal attendance promise is made. Your lawyer confirms the signatures, permissions, representation and Land Registry requirements for the particular case.
PLAN YOUR NEXT STEP
Keep the right details connected.
Depositing a Cyprus sale contract: deadlines and documents
Understand the DLS filing process, the six-month deposit rule and the search-certificate requirement before making a Cyprus property commitment.
Contract & settlement
Coordinate the contract and settlement through your independently appointed Cyprus lawyer, with shared progress visible in the Properly case room.
PROPERTY HELP, ACROSS CYPRUS
Find the next step
in your area.
Online preparation and coordination for properties in areas administered by the Republic of Cyprus. The actual property determines the checks and professional scope.
LimassolLimassol district↗NicosiaNicosia district↗LarnacaLarnaca district↗PaphosPaphos district↗ParalimniFamagusta district, Republic-administered areas↗Ayia NapaFamagusta district, Republic-administered areas↗ProtarasFamagusta district, Republic-administered areas↗PolisPaphos district↗PeyiaPaphos district↗StrovolosNicosia district↗Explore all locations and nearby communities ↗
YOUR NEXT CHAPTER, CONNECTED
Make your next move a proper one.
€3,995 including VAT. A clear digital process.
You handle viewings. Your appointed lawyer handles the agreed legal work.