Notary public
Property fraud ring targeting Agistri, Hydra and Spetses under investigation
Deputy Minister of Digital Governance Konstantinos Kyranakis, along with Stelianos Sakaretsios, chairman of the Hellenic Cadaster, have filed a criminal complaint with the Supreme Court regarding a suspected fraud ring involving falsified documents.
Land Registry: Individual from Northern Greece behind the adverse possession scheme in Spetses, Hydra and Agistri
Deputy Minister of Digital Governance Konstantinos Kyranakis, alongside Stelios Sakaretsios, the president of the “Hellenic Land Registry” public legal entity, filed a criminal complaint with the Supreme Court against a scheme allegedly linked to forgery cases on the islands of Spetses, Hydra, and Agistri.
The Case
Justice Ministry bill aims to reduce burden in courts
Thousands of legal cases will soon be handled outside of courtrooms and be resolved by lawyers and some by notaries, according to a Justice Ministry bill aiming to decongest Greece's judicial system.
The ministry views unburdening the courts as essential as a World Bank study ranks Greece 146th worldwide in delays in administering justice.
Notaries return to their duties
Greek notaries ended their abstention from duties on Monday, following a decision of their extraordinary general assembly approving the use of a digital property transfer system set up by the government on January 1.
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Digital transfer of property completed online in one day, ministers say
The digital transfer of property platform went into operation on Monday through the gov.gr portal for all citizens and notaries public who wish to avoid lengthy in-person registration times.
Once data is entered, the system will send the approved transfer or a justified rejection within a working day, instead of several-month delays, e-Governance ministers said.
Strike could block real estate market
The notaries of Athens and Thessaloniki are threatening to block the real estate market after announcing strike action beginning on November 20 in response to the way in which the digitization of notarial acts is proceeding.
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Property transactions to speed up
The online property registry will become fully operational on November 1, allowing notaries public, buyers and sellers to complete transactions more quickly, without involving municipalities, tax offices or other state agencies in collecting the necessary paperwork.
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Thousands of homes found with illegal certificates
There are some 17,000 properties which are currently available for sale, but with serious irregularities, even though they carry certificates of engineers confirming the opposite. They undermine the smooth functioning of the housing market and compress further the already low supply of real estate.
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Property transactions probed
The increase of the tax-free threshold for parental concessions and donations to 800,000 euros each and for property transfers, many of which are carried out in cash, have activated the monitoring mechanism of the Independent Authority for Public Revenue (AADE), which will root out violations of tax legislation.
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Property sales to speed up
The Electronic Real Estate File will be piloted in the next few days, leading to much quicker property transfers, while the online system will be fully operational from November 1.
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