Taking title to real estate in the Cayman Islands
Before purchasing real estate in the Cayman Islands, very careful consideration should be given as to how to take title to the real estate to be purchased.
Real estate can be registered in your personal name, in joint names with someone else or in the names of up to 10 individuals. Real estate can also be registered in the name of a company or through a trust structure.
The ultimate use to which the property is to be put and the potential liabilities which the intended use may give rise to may, of course, have a bearing on how the real estate should be titled…
Click on the link below to read the rest of the Mourant Ozannes briefing.
News from Mourant Ozannes
News from The Lawyer
Briefings from Mourant Ozannes
The Royal Court of Jersey has concluded that it has power under its inherent jurisdiction to sanction a compromised settlement of litigation reached by the plaintiff on behalf of a minor.
A private trust company is a privately owned corporate trustee whose sole purpose is to act as trustee to a trust or group of ‘connected’ trusts.