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This paper examines the trends that are observed in land transactions in certain areas of Greece that have a cadastral system in operation during the past eight years. Those trends seem to be a resultant of the economic crisis which has hit the country and the legislative changes that have taken place prior or during the crisis. In particular, it was anticipated that the economic crisis has had a significant effect in land transactions due to the drastic decrease of available funds (e.g. available income, available loans etc), the extreme increase of uncertainty and risk in the Greek economy, and the increase in the cost of possessing land (The Greek Government, in an effort to reduce its public deficit has increased taxes on land). In addition, the Greek Government, in an effort to protect natural resources, curtail illegal construction, reduce unauthorized uses on properties and promote environmentally friendly structures throughout the country, has adopted a series of legislation that has increased the standards and the requirements for carrying-out a land transaction. This series of legislation has acted conjointly with the negative economic situation to bring about a sharp decline of the land and housing markets.