Express covenants refer to explicitly written terms of an agreement between two parties and can be contrasted with implied covenants that are not written in an agreement but are implied by law. Under the principle of freedom of contract, there is, in theory, an endless array of terms that could be written into a lease […]
With Jamaica and other markets currently experiencing a higher interest rate environment, manypersons are of the view that now may not be a good time to buy real estate with a mortgage. On thecontrary, because rates are higher than we have been used to, this could present an opportunity for adiscerning buyer to seek out […]
The typical Time of the Essence clause in an agreement for sale of property may state as follows:- “Time shall be of the essence of this Agreement as it relates to payment of the purchase price…or other sums payable by the Purchaser … on the failure of the Purchaser on the due date to pay […]
There has been much said on the doctrine of Adverse Possession from the perspective of the person who is asserting or applying for adverse possession, and not necessarily from that of the registered proprietor or landowner. The landowners who have been at the receiving end of this doctrine, have always spoken to the “should-a, could-a, […]
There has been an explosion in high rise apartment buildings and townhome complexes, not only in the corporate area, but throughout the country. The increased popularity of apartment living has also spawned an increase in disputes and issues associated with this type of communal living. Owners and potential buyers into these developments can look to […]
The Real Estate Case You Need to Know About In the recent decision of the Court of Appeal (“COA”), Caribbean Real Estate Investment Fund v Valrine King [2023] JMCA Civ 18, the COA had to review the Supreme Court judgment in favour of Mrs. King that a joint venture agreement (“JV Agreement”) between her and […]
Send an email and you will receive our newsletters.
Copyright 2024 Grant, Henry & Rhooms, All Right Reserved | Powered by Abstract Media
