Lands and Survey News
This section contains all pertinent press releases and updates published by the Lands & Survey Department.
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Stamp Duty Concessions in Cayman Brac
09 Apr 2021
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Express Submission
12 Mar 2021
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EXPRESS SUBMISSIONS
Effective March 15, 2021, and until further notice any payment in relation to express submissions should be paid by cash or cheque.
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Urgent Notice
03 Mar 2021
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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
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Website Maintenance
19 Feb 2021
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Planning Not Required for Land Division
08 Feb 2021
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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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Grand Cayman, Cayman Islands, October 2020. The Ministry of Education, Youth, Sports, Agriculture and Lands (MEYSAL) and The Lands and Survey Department are reminding the public of Section 21A of the Register Land Law (2018 Revision) which stipulates a streamlined application process for the division of land for estate purposes. Persons solely interested in applying to subdivide and register land parcels for estate purposes, are no longer subject to the development conditions set by the Department of Planning. Most notable of these previous conditions which are no longer required is the stipulation to develop a 30-foot vehicular access to the land parcel/property in order to subdivide.
“Our goal is to reaffirm this provision of the Registered Land Law (2018 Revision) as it allows for a process that simply, makes the lives of those we serve better. Our government strives to keep in consultation with our citizens to produce tangible solutions to everyday challenges. It is significantly important for persons in our community wishing to divide estate land for non-development purposes. We encourage Caymanians who wish to take advantage of this provision in the Law to apply to the Registrar of Lands in writing,” added Minister for Lands, Hon. Juliana O’Connor-Connolly.
While the provision in the Law allows for the division of land for estate purposes without the need for approval from the Planning Department, approval under Section 21A does not allow for the development of any of the subdivided parcels unless those specific parcels comply with current planning laws.
To get full and unlimited access, at no cost, to the current Registered Land Law, visit www.legislation.gov.ky or the Legislative Assembly for a printed copy.
Estate owners interested in applying for the division of land for estate purposes only, should write directly to the Registrar of Lands at the Lands and Survey Department by hand or by email. The application in writing must be accompanied by a plan prepared by a surveyor authorised under the Land Surveyors Law (1996 Revision).
-ENDS-
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Update on Stamp duty on assignments
13 Jan 2021
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Update on Stamp Duty on Assignments
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Standard Duty Rates
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Document
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Stamp Duty on Assignment
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Stamp Duty on Transfer of Land
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The assignment of a qualifying purchase agreement on or before 30th June 2021 with no premium
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CI$200
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0%
Stamp Duty paid on Qualifying Purchase
Agreement shall be applied to conveyance.
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The assignment of a qualifying
purchase agreement on or before 30th June 2021 with a premium
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*7.5%
of the Premium
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0%
Stamp Duty paid on Qualifying Purchase
Agreement shall be applied to the conveyance.
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The assignment of a qualifying
purchase agreement after 30th June 2021 with no premium
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CI$200
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*7.5%
Of TOTAL consideration or Market Value, whichever is higher, of the conveyance.
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The assignment of a qualifying purchase agreement after 30th June 2021 with a premium
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CI$200
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*7.5%
Of TOTAL consideration or Market Value, whichever is higher, of the conveyance.
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For Further Details...
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