Lands and Survey News

 

This section contains all pertinent press releases and updates published by the Lands & Survey Department.

 

Stamp Duty Concessions in Cayman Brac
09 Apr 2021

Stamp Duty Concessions in Cayman Brac (Effective 1st January 2021)

With effect from 1st January 2021, the Stamp Duty on all land transactions is 0% provided it is developed with 4 years from the date of purchase.

The stamp duty on buildings is now 3%



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Express Submission
12 Mar 2021

EXPRESS SUBMISSIONS

Effective March 15, 2021, and until further notice any payment in relation to express submissions should be paid by cash or cheque.

Read More



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Urgent Notice
03 Mar 2021

Urgent Maintenance Notice

Lands and Survey wishes to advise customers that there may be intermittent downtime with the website today, Wednesday, March 3, 2021, and Thursday, March 4, 2021 as we conduct urgent performance maintenance. We apologize for any inconvenience this intermittent downtime may cause.

While we do not anticipate these downtimes to be prolonged, we however ask for patience as we effect these necessary changes.

 



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Estate Division
23 Feb 2021

This circular gives notice of the new procedures under section 21A of the Registered Land Act for the division of land in a deceased estate.  

Please read the attached notice for full requirements.  

For enquiries you may reach us here 



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Website Maintenance
19 Feb 2021

Maintenance Notice

Lands and Survey wishes to advise customers that the website will be down from 6:00 pm to 7:00 pm Friday, February 19, 2020, for maintenance. We apologize for any inconvenience this downtime may cause.

 



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Planning Not Required for Land Division
08 Feb 2021

Process for Dividing Land for Estate Purposes Does Not Require Planning Department Stipulations

View full details...

 

Read the Press Release in pdf or on the CIG Website



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Update on Stamp duty on assignments
13 Jan 2021

Update on Stamp Duty on Assignments

Standard Duty Rates

Document

Stamp Duty on Assignment

Stamp Duty on Transfer of Land

The assignment of a qualifying  purchase agreement on or before 30th June 2021 with no premium

CI$200

0%

Stamp Duty paid on Qualifying Purchase
Agreement shall be applied to conveyance.

The assignment of a qualifying
purchase agreement on  or before 30th June 2021 with a premium

*7.5% 

of the Premium

0%

Stamp Duty paid on Qualifying Purchase
Agreement shall be applied to the conveyance.

The assignment of a qualifying
purchase agreement after  30th June 2021 with no premium

CI$200

*7.5%

Of   TOTAL consideration or Market Value, whichever is higher, of the conveyance.

The assignment of a qualifying purchase agreement after 30th June 2021 with a premium

CI$200

*7.5%

Of   TOTAL consideration or Market Value, whichever is higher, of the conveyance.

For Further Details...



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