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This guide to Bermuda's private client sector includes commentary on tax, trusts, foundations and private wealth structures used within the jurisdiction, including charitable...
To print this article, all you need is to be registered or login on Mondaq.com. Conveyancing is the process of legally transferring the legal title for real property from the vendor to the purchaser. Where the land is already registered (ie not an off the plan contract), these are the essential steps that are involved in a standard contract for sale of land Obtaining finance It is essential that a purchaser has adequate finance to cover the cost of the purchase, stamp duty and any other applicable fees and charges before they proceed with a conveyance. Contract prepare...
A number of years ago I was approached by my neighbour’s son to formalise a right of way they had across my land to a field and cottage they owned. An informal arrangement had been there for as long as I remember and there were never any issues. However, when my neighbour decided to transfer the farm to his son, he (the son) told me that the right of way should be registered as there was a change in the law regarding this set to come into force soon. I didn’t see an issue as the right of way was always there as far as I was concerned so I agreed to it being registered.