JT Law Sydney offices (in 2010)
Pursuant to No. 9400/2007 Ruling of the Greek Minister for the Environment, the Greek government has proclaimed 107 new areas in Greece (including the broad areas of Athens and Thessaloniki and several other areas in Greece) under registration to the Hellenic National Cadastral ("Ktimatologio"). The goal of the Greek Ktimatologio is to record all existing property rights all over Greece and their holders in a unified system of legal, technical and other information. It is anticipated that in less than four years, 6, 7 million property rights will be registered, covering 2/3 of the country's population. The new areas' cadastral survey is expected to be completed by 2010.
The deadline for property registration at the Ktimatologio has extended to October 31, 2008 while the same deadline is December 30, 2008 for owners residing outside of Greece. Failure to register within this time frame will result in a fine ranging from 50 to 1,500 euros (based on the type and value of property right which has not been registered).
Any person or legal entity (companies, institutions, foundations, etc … ) with real estate property rights of any kind (including but not limited to ownership rights, easements, mortgages, leases for more than nine years, encumbrances) is obliged to register his/her ownership rights to the Ktimatologio in Greece’s records by submitting the relevant statements and documentation before the competent Ktimatologio authorities.
Where the acquisition of property rights is by way of inheritance, the right holder can register his right even before completing the Acceptance of Inheritance procedure and formally become the owner of the property. In this case, the property right is recorded in the Cadastral lists and books, yet, the right holder may not complete any ownership actions before formally completing the procedure of passing title to his name.
The property registration to the Ktimatologio is effected in two phases: first, statements with the required documentation will be submitted, properties will be located and recorded in an electronic database (up to now, the existing Greek Land Registry - Ypothikofilakeion - system consists of public registry in the form of handwritten books). In the second phase, property rights will be legally verified and each piece of property will be precisely defined. Property rights will be posted on a list, thus giving the opportunity to Greek land right holders to object in the event the property where they believe they own a right is listed under someone else's name or as "unknown owner".
A necessary prerequisite for submitting the relevant application and documentation for property registration to the Greek Ktimatologio archives, is the payment of the required fee (35 euros per each property right in urban areas; 20 euros per property right on auxiliary areas, such as storage rooms, garages, etc … ). Note that in rural areas, one should pay only for two property rights regardless of the number of rights registered. Once the property right is registered in the Cadastral, the right holder will be called to pay an additional amount (a variable fee of 1 % of the property's tax value exceeding 20,000 euros, to be apportioned among the co-owners, if more than one, and up to a maximum amount of 900 euros).
If the information regarding the property changes, an additional statement must be submitted. Submitting false statements will result in sanctions, including imprisonment of 3 months to 10 years. No transactions are permitted until the property is declared, including issuance of a building permit. Said prohibitions are lifted with the submission of the application to the Ktimatologio in Greece. In the event one acquires a property right during the time period when the area is undergoing the Ktimatologio registration, he should file an application, even if the previous owner had already done so.
A Greek lawyer can pursue all the necessary transactions for the registration of your Greek Property.
Regions under property registration
ATTICA: AGIA VARVARA, AGIOS KONSTANTINOS, AGIOS STEFANOS, AGIOI ANARGYROI, ATHENS , AIGALEO, ALIMOS, ANAVYSSOS, ANTHOUSA, ANOIXI, ANO LIOSIA, ARGYROUPOLI, ASPROPYRGOS, ACHARNES, VARI, VOULA, VOULIAGMENI, GALATSI, GLYFADA, DAFNI, DIONYSOS, DROSIAS EKALI, ELLINIKO, ZEFYRI, ILIOUPOLI, IRAKLEIO, THRAKOMAKEDONONES, ILION, KALLITHEA, KALYVIA-THORIKOU, KAMATERO, KERATEA, KIFISSIA, KOUVARAS, KRYONERI, KROPIA, LAVREOTIKI, LYKOVRYSI, MANDRA, MARATHONAS, MARKOPOULO MESOGAIAS, METAMORFOSSI, MOSCHATO, NEA ERYTHRAIA, NEA IONIA, NEA MAKRI, NEA PENTELI, NEA FILADELFEIA, NEA CHALKIDONA, PALAIA FOKAIA, PALAIO FALIRO, PALLINI, PAPAGOU, PIRAEUS, PENTELI, PERISTERI, PETROUPOLI, PEFKI, PIKERMI, RAFINA, RODOPOLI (BALLAS)*, SARONIDA, STAMATA, TAVROS, YMITTOS, FYLI, CHAIDARI, PSYCHIKO.
THESSALONIKI: AGIOS PAVLOS, AMBELOKIPI, ELEFTHERIO KORDELIO, EFKARPIA, EVOSMOS, THESSALONIKI, IONIA, MENEMENI, NEAPOLI, PEFKON, POLICHNI, STAVROUPOLI, SYKIES, TRIANDRIA, ORAIOKASTRO