Month: May 2023

Jamaica has a significant number of informal settlements — communities where residents have occupied land for many years, sometimes decades, without holding registered title to the land they live on. The legal status of these occupants, their vulnerability to eviction, and the government’s approach to regularisation are issues that affect hundreds of thousands of Jamaicans in both urban and rural areas.

As Jamaican mortgage rates climbed toward 9.25 per cent and above in 2023, buyers, developers and renters all felt the pressure of the Bank of Jamaica’s most significant tightening cycle in years.

Here’s a quick update on some changes to the rules for real estate dealers in Jamaica:Dormancy Policy Revoked:Dealers acting as…

Britain’s government has introduced sweeping reforms to its rental market, abolishing no-fault evictions and strengthening tenant protections. The lessons carry real weight for Jamaica, where landlord and tenant law remains largely uncodified and tenant insecurity is a quiet but persistent feature of urban housing.

There’s a quiet wisdom in nature that every future-ready real estate agent should understand: Before a tree grows up… it…

When real property is held in the name of a Jamaican registered company, the right to sell or encumber that property rests with the company’s directors, acting within their authority under the Companies Act and the company’s articles. Fraudulent transactions involving company-owned property typically involve a director or officer who exceeds their authority, who acts without board approval, or who forges company documentation to present themselves as having authority they do not possess.

Publication date: 5 May 2023 | Covering: April 2023 Monthly Briefing US Federal Reserve raises to 5.00–5.25 per cent on…

Jamaica’s housing sector digests the budget’s NHT reforms as construction pipelines stay active, diaspora interest grows, and the BOJ holds rates at 7% into April.

Caribbean inflation moderates from 2022 peaks as Jamaica BOJ holds rates, IDB commits US$200M to regional affordable housing, and construction costs begin to ease across the region.

Embarking on a journey to plan your wedding in the captivating paradise of Jamaica is like stepping into a fairy…