9,497
Trapped buyers (2025)
60%+
New dev buyers awaiting title deeds
30–40%
Properties with hidden encumbrances
50%
Purchases by foreign nationals

The three problems REXE solves in Cyprus

01

Title deed delays

Developers sell properties before title deeds are issued, often leaving buyers waiting years — sometimes decades — while the developer's mortgage remains on the title. REXE's milestone-gated release means developers receive full payment only when the title deed is confirmed issued.

02

Undisclosed developer mortgages

30–40% of Cyprus properties have undisclosed mortgages or encumbrances that buyers discover only after payment. REXE requires DLS title confirmation before release — encumbrances cannot be hidden once the escrow search requirement is triggered.

03

No independent fund protection

Between a buyer paying and title transferring, the money sits in a lawyer's trust account with no institutional backstop. REXE is that backstop — regulated, independent, and with no financial interest in the outcome of the transaction.

How REXE works in Cyprus

1
Contract registered at DLS
Milestone 1 — confirmed
2
Encumbrance search clear
Milestone 2 — REXE verifies
3
Title deed issued
Milestone 3 — DLS confirmation
4
Form N270 transfer
Completion — Certifying Officer
5
Funds released to seller
On confirmed transfer only

Regulatory note: REXE is operated by REXE Technologies Ltd (company registration HE 499877), a software company that is not itself regulated. Escrow services are provided by ATG Corporate Services Ltd (company registration HE 396768), an Administrative Service Provider licensed and supervised by the Institute of Certified Public Accountants of Cyprus (licence E1144/G/2019). Cyprus has no notary profession — title transfers use DLS Form N270 executed by Certifying Officers under the Advocates Law.

Buying or selling property in Cyprus?

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