Lands & Survey Department is offering the following boat for sale

2005 Angler MercPanga 26'5" White Panga boat with trailer in good condition. Includes 1.7L Mercruiser Diesel (120HP) stern-drive engine. Refurbished with full engine service, new battery, new prop, hull cleaned and waxed February 2010.

Tenders are to be submitted subject to a minimum bid of CI$20,000. Please call Rupert Vasquez, Chief Surveyor, at 244-3419 for viewing at Lands & Survey, BritCay House, Eastern Avenue.

Bids must be detailed with name and contact number(s), enclosed in a sealed envelope clearly marked "BOAT TENDER" and submitted no later than 4:00 PM on Tuesday, 30th March, 2010 to the Director, Lands and Survey Department, PO Box 1089GT, Grand Cayman, KY1-1102.

• Lands & Survey is not obligated to accept the highest or any bid
• Units will be sold as is, no refunds
• Sale by cash, or local bank draft payable to the Cayman Islands Government.

Land Registry Procedure Manual Published

The Registrar of Lands is pleased to announce the publication of a fully comprehensive Land Registry Procedure Manual. The document updates and re-documents longstanding procedure and addresses the vast majority of the transactions which are capable of land registration in the Cayman Islands.

The manual is now available online free of charge and will be available to purchase in hard copy in February 2010. The manual will prove an invaluable resource for all those involved in land transactions, documenting both requirements that must be met for a transaction to be valid, and the consistent standards that will be followed by Land Registry staff in registering them. (more)

Registry Document Tracking System Now Available

The Land Registry and Valuation & Estates Office, are pleased to announce the launch of an online tracking system for documents submitted for the payment of Stamp Duty and/or Land Registration. The system, which is free to use, will give you the ability to:

• track documents submitted as they progress through a multi-stage review process;
• identify any problems which may result in delay or rejection of registration;
• get an indication as to when registration will be complete.

Document tracking is available to anyone providing an email address upon submission of documents to the Department. The system provides exactly the same information as is seen by us, providing a transparent and accurate view of progress. The Department aims to register transactions that are compliant with the relevant laws, regulations and policies within 10 working days of receipt. (more)

Changes in Stamp Duty Rates Effective 31st December 2009

Effective 31 December 2009 Stamp Duty Rates have been altered on the following transaction documents;

• Power of Attorney
• Deed
• Collateral Charge / Mortgage
• Withdrawal of Charge / Mortgage
• Policy of Insurance
• Withdrawal of Caution

A summary of the new rates is available. The new rates are applicable for all relevant documents executed on or after 31 December 2009. (more)