Land Title Registration: Work on bill expected to start in autumn
Work on the Land Title Regulation Bill is expected to start in the autumn.
The bill will change the way in which deeds and documents are dealt with following the completion of certain property transactions.
It will also mean that all deeds will be held at the office of the Land Title Registry Office — instead of at people’s homes or at the Registry General.
Minister of Works and Engineering Dennis Lister told the House of Assembly: “The process of the Land Title Registration will then involve the legal authentication of rights or interests in a parcel of land and the creation of a definitive record of ownership in the form of the Land Title Register following which it will no longer be necessary to undertake lengthy investigation of title each time a property is sold or mortgaged.”
He added that it will reduce the likelihood of disputes concerning ownership.
Already a Project Team has been established and includes land registration professionals, lawyers and surveyors. They have been holding public meetings as well as other stakeholders.
The team have also created a Public Consultation Document which has been published on the Government website, www.gov.bm.
