Tenantries

The Tenantries Freehold Purchase Act was enacted in November 1980 with the intention of creating tenantries within the island and providing qualified tenants of lots within these tenantries with the right to purchase their lots.

The first step for any tenant under the Tenantries Freehold Purchase Act is to complete a Form I Notice and forward the same to his/her landlord or the attorney acting on behalf of the landlord. After forwarding the Form I Notice to the landlord, two copies should be deposited with the Minister responsible for Lands.

Tenantries

More About Tenantries:

The Act gives the Land Registry the authority to act in place of the landlord in certain circumstances, namely where the landlord has refused to convey the parcel, has not appointed an attorney, cannot be located or his/her identity cannot be ascertained.

Tenantries

Where the tenant requires the Land Registry’s action, he or she is required to complete a Form II Notice and deliver it to the Tenantries section of the Land Registry together with a copy of the Form I Notice which has been signed and stamped on behalf of the Minister responsible for Lands.

On receipt of the Form I and II Notices, the Land Registry is required to conduct the following activities:

  • Contact the relevant government agency in order to confirm the qualification of the tenant and to determine the size of the parcel which he/she is entitled to purchase;
  • Collect the purchase price from the tenant and the government agency responsible for paying the subsidy;
  • Prepare the Conveyance and supporting documents for execution by all parties;
  • Determine whether there are any outstanding taxes or duties (including land taxes, property transfer tax and stamp duty) due to complete the transaction and deduct any sums from the purchase price received by the Land Registry;
  • Facilitate the recording of the Conveyance transferring title and its delivery to the qualified tenant; and
  • Facilitate the payment of the balance of the purchase price to the landlord of the tenantry.

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