ARTICLE
18 April 2022

Separation Agreements

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AGPLAW | A.G. Paphitis & Co. LLC

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Established in 2006, AGP & Co is a highly reputable, dynamic, award winning and excellence driven Law Firm based in Cyprus with a strong international presence. It provides full service Legal, Corporate, FS Advisory & Regulatory Compliance/AML, Tax, Immigration and Real Estate services.
Nowadays, married couples who wish to separate will often opt for a friendly and voluntary separation agreement to make decisions regarding their children and property...
Cyprus Family and Matrimonial
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...according to Cyprus law, separation agreements do not constitute a substitute of court divorce orders.

Nowadays, married couples who wish to separate will often opt for a friendly and voluntary separation agreement to make decisions regarding their children and property, rather than ending up in divorce court proceedings or having a court divide their rights and assets.

Such agreements should be formalised and their provisions incorporated into a formal separation agreement, which is also called a deed of separation.

However, according to Cyprus law, separation agreements do not constitute a substitute of court divorce orders. They can only be used as supporting evidence during custody procedures, or during matrimonial property and financial arrangements procedures before a court.

There are many issues that need to be considered when creating a separation agreement, and it is important that legal counsel explain:

  • all aspects of a separation process;
  • the matrimonial and family statutory rights and obligations;
  • the way that such rights and obligations are being dealt with through a separation agreement compared to court proceedings; and
  • the advantages and disadvantages of such settlement.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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