{"id":28444,"date":"2012-11-21T20:57:18","date_gmt":"2012-11-22T01:57:18","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=28444"},"modified":"2012-11-21T21:05:46","modified_gmt":"2012-11-22T02:05:46","slug":"land-registry-could-revolutionize-real-estate-industry","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2012\/11\/land-registry-could-revolutionize-real-estate-industry","title":{"rendered":"Land Registry Could &#8216;Revolutionise&#8217; Real Estate Industry"},"content":{"rendered":"<p><a href=\"https:\/\/www.bahamasb2b.com\/news\/2012\/11\/land-registry-could-revolutionize-real-estate-industry-28444.html\/deed\" rel=\"attachment wp-att-28469\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-28469\" title=\"deed\" src=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/11\/deed.jpg\" alt=\"\" width=\"200\" height=\"150\" srcset=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/11\/deed.jpg 200w, https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/11\/deed-150x112.jpg 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/a>Yesterday the Government was urged to &#8220;revolutionise&#8221; the real estate industry in the Bahamas by approving a three-tier legislative package to establish a Land Registry.<\/p>\n<p>The Land Adjudication Bill, the Registered Land Bill, and the Law of Property Bill could potentially give commercial and residential real estate owners a greater certainty knowing that their property had a good title.<\/p>\n<p>Sharlyn Smith, an attorney with Sharon Wilson &amp; Company, told Tribune Business that the prospective reforms are &#8220;an engine for economic growth&#8221;.<\/p>\n<p>The three Bills were originally devised under the Ingraham administration, but were sent to the Law Reform Committee for further review and to other government agonies for feedback and consultation.<\/p>\n<p>The Christie administration promised in their 2012 campaign that moving towards a Land Registry system is &#8220;a must&#8221;.<\/p>\n<p>Ms. Smith told Tribune Business that moving to a proper Land Registry would eradicate the necessity for attorneys to conduct high-cost, time-consuming title searches that can be prone to error.<\/p>\n<p>\u201cThe entire package was all designed to facilitate land registration and, done properly, a Land Registry would revolutionise the way land is dealt with in this country,\u201d she told Tribune Business.<\/p>\n<p>\u201cI think it would provide greater assurance to persons purchasing property that they are, in fact, getting what they bargained for&#8230;. Land registration is something I think is critical. You have land all over the country that is not being developed due to title issues.\u201d<\/p>\n<p><a href=\"http:\/\/www.tribune242.com\/news\/2012\/nov\/21\/government-is-urged-to-revolutionise-land-industry\/\">Original News Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday the Government was urged to &#8220;revolutionise&#8221; the real estate industry in the Bahamas by approving a three-tier legislative package to establish a Land Registry.<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5],"tags":[],"class_list":["post-28444","post","type-post","status-publish","format-standard","hentry","category-politics"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/28444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=28444"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/28444\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=28444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=28444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=28444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}