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Buyer Beware: Key Considerations in purchasing Strata Property in Jamaica

Strata real estate developments are those established under the Registration (Strata Titles) Act (the “Act”), and are similar to what persons know as “condominiums” overseas. They have become a popular real estate option in Jamaica, offering individuals an affordable, community-oriented lifestyle with shared amenities. However, purchasing a unit in a Strata is not without risks. […]

Don’t Blow Away Your Insurance Claim: Avoiding Breaches of Your Property Insurance Policy

Property peril insurance is a cornerstone of financial security, protecting your property from unforeseen disasters. So much so, that Strata properties must have insurance, and if you purchased with a mortgage, it is likely that your mortgage provider will also require you to take out insurance to protect your property. This insurance is a two-way […]