Cayman Islands Form Rl1 PDF Details

At the heart of property transactions in the Cayman Islands lies the Form RL1, a critical document underpinned by the Registered Land Law (2004 Revision) and the Registered Land Rules (2003 Revision). This form facilitates the transfer of land, acting as a formal acknowledgment of the change in ownership from one party to another. It requires detailed information regarding the registration section, block, and parcel of the land in question, underscoring the importance of specificity and accuracy in real estate dealings. The form also encapsulates the consideration received for the land transfer, the declaration of how the transferees will hold the land—either as joint proprietors or in undivided shares—and the requisite signatures that validate the transaction in the presence of witnesses. The involvement of the Registrar of Lands, who certifies the reception, registration, and financial aspects related to stamp duty and registry fees, ensures that the process adheres to legal standards. Additionally, the form includes a Certificate of Identification for both transferor and transferee, necessitating verification of identities to further legitimize the transaction. Through this meticulous process, the Form RL1 not only serves as a statutory requirement but also as a safeguard for both parties, reinforcing the integrity of land transactions in the Cayman Islands.

QuestionAnswer
Form NameCayman Islands Form Rl1
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesrl1 lands form printable, islands rl1 form online, rl 1 transfer form, rl1 lands form

Form Preview Example

FORM RL1

INSTRUMENT NO.

 

 

CAYMAN ISLANDS

The Registered Land Law (2004 Revision)

The Registered Land Rules (2003 Revision)

 

THIRD SCHEDULE

 

 

TRANSFER OF LAND

 

REGISTRATION SECTION

BLOCK

PARCEL

___________________________

___________

_________

I/WE

 

 

In consideration of

 

 

(The receipt whereof is hereby acknowledged) HEREBY TRANSFER

To

Of

the land comprised in the above mentioned title.

*The Transferees hereby declare that they hold the land as proprietors in common in the following undivided shares:- (or as Joint Proprietors)

Dated this

day of

20

 

 

1

Signed by the Transferor

..............................................................................................................………..

in the presence of:-

..............................................................................................................……….

Signed by the Transferee

..............................................................................................................……….

in the presence of:-

..............................................................................................................……….

FOR OFFICIAL USE ONLY

I, the Registrar of Lands in the Cayman Islands hereby certify that this document was received by me for registration

on the.…..……….... day of .……..................... 20

….......and that stamp duty assessed/adjudicated by me/Treasury

1

 

 

at C.I.$…….......................and Land Registry fees at C.I.$……................relating thereto have been paid.

REGISTERED this

day of

20

 

 

1

………………………………………..

REGISTRAR OF LANDS

CAYMAN ISLANDS

CERTIFICATE OF IDENTIFICATION

Name....................................................................................

I HEREBY CERTIFY that the above named ...........................................…appeared before me on the............…day

of

20

......and being identified by* .......................................................………………………….

 

1

 

(or being known to me) acknowledged the above signature or mark to be his/theirs and that he/they had freely and voluntarily executed this instrument and understood its contents.

..........................................................................

Signature and designation of the person certifying

CERTIFICATE OF IDENTIFICATION

Name....................................................................................

I HEREBY CERTIFY that the above named ...........................................…appeared before me on the............…day

of

20

.......and being identified by* .......................................................…………………………..

 

1

 

(or being known to me) acknowledged the above signature or mark to be his/theirs and that he/they had freely and voluntarily executed this instrument and understood its contents.

..........................................................................

Signature and designation of the person certifying

CERTIFICATE OF IDENTIFICATION

Name....................................................................................

I HEREBY CERTIFY that the above named ...........................................…appeared before me on the............…day

of..................................201. .......and being identified by* .......................................................…………………………..

(or being known to me) acknowledged the above signature or mark to be his/theirs and that he/they had freely and voluntarily executed this instrument and understood its contents.

..........................................................................

Signature and designation of the person certifying

CERTIFICATE OF IDENTIFICATION

Name....................................................................................

I HEREBY CERTIFY that the above named ...........................................…appeared before me on the............…day

of..................................201.......and being identified by* .......................................................…………………………..

(or being known to me) acknowledged the above signature or mark to be his/theirs and that he/they had freely and voluntarily executed this instrument and understood its contents.

..........................................................................

Signature and designation of the person certifying

*NOTE: Please ensure that the appropriate insertions and/or deletions are made so that the method of identification is clear.

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Part number 2 in filling in cayman 1 lands form

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Writing section 3 in cayman 1 lands form

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SSiiggnnaattuurree aanndd, SSiiggnnaattuurree aanndd, and SSiiggnnaattuurree aanndd inside cayman 1 lands form

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