Support for Form 39: Variation of Charge

 

Form Required Forms

Form 39 Variation of Charge
(PDF, 78 Kb, 2 pages)

Document Submission Log
(PDF, 184 Kb, 2 pages)

Use this form:

When you are varying the details to an existing Charge on the Land Register. 

Typically, items to be varied are;

  • The amount loaned (increase or decrease)
  • The currency
  • The interest rate
  • The method of repayment
  • The term (length) of the loan

Submission Requirements

In submitting this form you should enclose the following (where applicable):

  • Completed submission record, ensuring checklist to the rear of the form is completed

Once signed the form should be submitted to the Lands & Survey Department within 45 days of first signature, unless signed outside of the Cayman Islands , to avoid the accrual of late submission penalties.


Fees

Type Registration Stamp Duty
Standard Transaction CI $50
(US $60.97)

Dependant on varied terms


Forms (Mandatory)

RL Form must be completed in Duplex format. If you do not have a Duplex Printer, print page 1, reinsert the page to the paper tray, and print page 2.

When completing the form ensure that:

  • The entry that relates to the charge being varied on the existing Land Register is stated
  • Full names are stated (or as recorded on the existing Register), with signatures witnessed by a Justice of the Peace, Notary Public or member of authorised Land Registry staff, and correctly dated. Notary Public’s whose commissions do not expire must state so on the Registration Form.  The signatures of authorised personnel of local banks do not require witnessing.   
  • Full address is stated, including postal / zip code
  • Amendments are initialed by all parties. The use of correction fluid is not permitted