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Strata Titles Registration (Amendment) Law, 2012 (No. 10 of 2012).

Country/Territory
Cayman Islands (UK)
Document type
Legislation
Date
2012
Source
FAO, FAOLEX
Original source
Supplement No. 1 published with Extraordinary Gazette No. 95 of 9 October 2012.
Long title
A Law to amend the Strata Titles Registration Law (2005 Revision) in order to change the types of resolutions which may be made under the Law; to empower the Corporation to purchase additional property for the strata; to provide for the voluntary destruction of a building in a strata; and for other and connected purposes.
Subject
Land & soil
Keyword
Land tenure Common property Cadastre/land registration Non-governmental entity
Geographical area
Americas, Caribbean, Latin America and the Caribbean
Abstract

This Law amends the Strata Titles Registration Law (2005 Revision) in the interpretation section and in provisions concerning, among other things: creation of strata lots, duties and powers of a corporation created by the proprietors of all the strata lots of the property, voting rights, disposition of common property, bye-laws, and creation of easements and agreements. It also inserts a new section on acquisition of additional property. Proprietors may by special resolution, direct their corporation to accept a transfer or acquire a lease of any land for the purpose of adding such land to the common property or for such other purpose of the corporation as may be determined by special resolution of the proprietors. The Act sets out requirements for the registration of such acquisition.

Full text
English
Website
gazettes.gov.ky

References - Legislation

Amends

Strata Titles Registration Law (2005 Revision).

Legislation | Cayman Islands (UK) | 1973 (2005)

Keyword: Land tenure, Common property, Cadastre/land registration, Subdivision of land, Authorization/permit, Non-governmental entity

Source: FAO, FAOLEX