Jamaica Law

EFFECTIVE AND SKILLFUL REPRESENTATION YOU CAN RELY ON

EFFECTIVE AND SKILLFUL REPRESENTATION YOU CAN RELY ON

PRE- QUALIFICATION FOR A MORTGAGE IN JAMAICA

You will have to shop around to determine which financial institution suits your needs. You will find that different financial institutions will offer different percentages of financing at different rates. In general, financial intuitions may offer as much as 100% financing to a little as 75% financing depending on factors such as;

  • your eligibility for Mortgage in the requested sum
  • whether the property you wish to purchase is your first/primary residence
  • whether the property you wish to purchase is an investment property
  • whether the property is vacant/empty lot.

The financial institution will assess your eligibility based on your income and expenditure. You will need to present a list of both.

If are shopping around for a lending institution after have already found a property you will have to ensure that you have your deposit money on hand, you will need to show that are able to finance the 10% deposit on your own. Once you have the signed sale agreement you are the financial institution will ask to see your and proof that you have paid over the deposit amount to the Vendor.

Here are some items you will need to present to your financial institution to assess your eligibility for your loan or Mortgage.

  • If you are employed and earn a salary you will have to request an Income verification letter/ Job letter from your employer along with your most recent pay advices.
  • If you are self-employed you will need to present your Financial Statements /bank statements, Tax return documents or documents showing a history of work orders or contracted work.
  • Proof of funds to complete the transaction such as your closing cost, and Attorney’s fees.
  • Valid photographic Government issued Identification (Passport, Driver’s License or National ID)
  • Proof that you’re over the age of eighteen age (valid passport/birth certificate).

  • Your National Insurance Card (NIS)
  • Tax Registration Number (TRN)
  • National Housing Trust eligibility letter (if the financing financial institution is a participant in the Joint Financing Program)
  • Signed Agreement for Sale and receipt for the deposit
  • A list of existing loan(s) and monthly expenditure

If this is your usual financial institution at which conduct all your matters you may not need to provide as much information as they would have information regarding your usual expenses. Your financial institution will need a Credit report, this will be requested by the financial institution on your behalf however you be required to pay for the report.

Jamaica Law

personal-injury

PERSONAL INJURY

The law firm of Langrin-Robertson Law has the knowledge and experience to get you the results that you deserve.

The first step is for us to gain a clear understanding of the circumstances of the accident. We investigate on your behalf, prepare for settlement, and aggressively negotiate to win the case. Through our understanding of the law and insight into your situation, we will work together as a team to craft a path to success.

probate

PROBATE IN JAMAICA

In association with Gloria E Langrin, Attorney-at-Law of 93 East Street, P.O. Box 8829 CSO, Kingston, Jamaica, we provide legal representation in Jamaica for Jamaicans residing in the United States of America and other countries.

  • Application for probate of Wills
  • Application for Letters of Administration
  • Notation of death of a joint tenant
  • Additional probate issues
conveyancing

CONVEYANCING IN JAMAICA

In association with Gloria E Langrin, Attorney-at-Law of 93 East Street, P.O. Box 8829 CSO, Kingston, Jamaica, we provide legal representation in Jamaica for Jamaicans residing in the United States of America and other countries.

  • Purchase and sale of property
  • Title Application & Powers of Attorney
  • Title addition and removal of a name(s)
  • Additional land conveyancing services

REAL ESTATE SERVICES IN JAMAICA

The Tax Registration Number (TRN) is a unique number assigned to everyone who pays taxes within the Island of Jamaica. It is required to conduct business with any the government revenue departments, other business, and financial institutions within Jamaica. You will be required to state you TRN number to buy or sell any asset that must be assessed by the Tax Administration of Jamaica, such as property or a motor vehicle.

buying-Jamaica

I AM PURCHASING PROPERTY
IN JAMAICA

So, you have identified a piece of land, a detached house, apartment, or townhouse that you wish to purchase, and you need some help making this a reality. It is always wise to have an Attorney-at-Law act for you in the purchase of any property.

Once you have made contact with the Vendor or the Attorney-at-Law who acts for the Vendor and both of you have agreed to the purchase you may come in to our office so we can assist you to complete your purchase. You will need to provide us with the contact information for the Vendor, their relator (if applicable) or their Attorney-at-Law.

If the vendor has decided to sell the property by public auction or private treaty you will need to provide us with confirmation that your offer.....

the-palms-richmond-3

I AM SELLING PROPERTY
IN JAMAICA

Once you have decided that you are ready to sell your land or property you may contact us and we will assist you in the process of finding a willing and purchaser, and with the help of our able realtors. And if you have found your own byer, that’s fine too.

We will draft an agreement for sale on your behalf. Once the purchaser agrees to the terms and conditions in the sale agreement, he/she will sign the document and return it along with a 10 % deposit to our Office.

Here is a list of some of the usual fees associated with the sale of a property. There may be additional fees associated with your sale depending on any additional considerations or the complexity of your transaction. Our Office will provide you with a costing after your consultation appointment.....

mortgage

PRE- QUALIFICATION FOR A MORTGAGE
IN JAMAICA

If you have decided to purchase your property by way of Loan or Mortgage you will need to approach a financial institution to secure funding for your purchase. If you meet the lending criteria the financial institution will issue you a pre- qualification or eligibility letter.

You will have to shop around to determine which financial institution suits your needs. You will find that different financial institutions will offer different percentages of financing at different rates. In general, financial intuitions may offer as much as 100% financing to a little as 75% financing depending on factors such as.....

THE ROLE OF THE NATIONAL LAND
AGENCY (NLA)

The National Land Agency is an executive agency of the Government of Jamaica, they came into existence in 2001. Their function is to register transaction stated in the Registration of Titles Act and the Registration of Strata Titles Act. These transactions include such a Transfer Applicants, Transmission Application, Notation of Death Applications, Mortgage Applications, Application to Surrender Titles, Application for Strata Titles to name a few. We will draft all applications to be submitted to the NLA on your behalf. We will also handle the submission of all application to the NLA on your behalf.