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Investment Property Purchases Rise As Short-Stay Rentals Spike

September 5, 2018
  Ron Chapple Stock Jamaican realtors, property developers and bankers selling mortgages are reporting more interest in investment property purchases, and a concurrent upswell in mid-income developments in Kingston that is partly a response to that demand. Devon Young, a developer who is finalising a new residential complex in Kingston called...
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NCB Aims To Quadruple Mortgage Business

June 17, 2018
  President of the REALTORS Association of Jamaica Howard Jonson Jr (left) shakes hands with NCB Senior General Manager for the Retail Banking Division Brian Booth, at the launch of National Commercial Bank Jamaica’s Mortgage REALTORS Incentive Programme, held at the NCB Wellness & Recreation Centre, Kingston, on June 14, 2018. National Commercial...
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Phillips Urges End To Workers Being Designated 'Independent Contractors'

May 23, 2018
  Opposition Leader Dr Peter Phillips     Opposition Leader Dr Peter Phillips is urging for an end to the growing practice among employers to designate workers as 'independent contractors'. In his Labour Day message, Phillips points out that "this device denies workers in the various industries,...
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NLA Working On Implementing Electronic Land Titling

May 17, 2018
  Daryl Vaz - File photo The National Land Agency (NLA) is working with three entities to facilitate the implementation of electronic land titling in Jamaica. They are Jamaica Promotions Corporation, Planning Institute of Jamaica, and the World Bank. Consultants are being employed to assist with designing the system, which will include legislative...
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Sagicor Bank Ordered To Absorb Loss For Selling Property Below Market

May 2, 2018
  The Supreme Court has ordered Sagicor Bank Jamaica Limited to absorb the losses on outstanding debt owed by a Montego Bay couple, whose home it took over and sold below market value. Although at least one offer of US$1.15 million was made for the property known as The Lagoons - a price that Chief Justice Bryan Sykes found would have satisfied the...
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