PROVIDENCIALES, TCI, November 13, 2024: The Turks and Caicos Islands Crown Land Unit (CLU) announced the extension of the Crown Land Amnesty Program with an expansion of the eligibility criteria effective as of October 4, 2024.
The Crown Land Amnesty Program aims to offer opportunities for individuals to regularize their land ownership status, contributing to the sustainable development of the islands. The extended program now allows Turks & Caicos Islanders who have received an offer for a Residential Conditional Purchase Lease (CPL) over Crown land and have made substantial property improvements or have made a payment towards the lease to apply for regularization, thereby providing a pathway to secure legal title and promoting security, investment, and development.
In addition, the amendment also permits those whose residential lease may have been cancelled while their application for renewal or freehold title was being processed an opportunity to obtain formal title to the land.
In a statement, Keisha Holder-Lopez, Director of the Crown Land Unit, said, “The extension of the Crown Land Amnesty Amendment Ordinance 2024, effective October 15, 2024, signals a commitment to providing further opportunities for individuals regarding Crown land matters, and it further allows a broader range of individuals to benefit from the initiative, promoting fairness and inclusivity in land ownership processes.”
She continued, “The amendment also extends the amnesty period until May 31, 2026, this amendment enhances the inclusivity of the initiative. Now, individuals with offer letters for a Residential Conditional Purchase Lease (CPL) or a Freehold Title (FHT) have access to terminal amnesty options, even if their lease was terminated before expiration. This allows for lease renewal or conversion to FHT under specific conditions, including land development initiation before 2023 or financial commitments toward acquiring formal land title.”
Under the current Crown Land Amnesty program, applicants have the opportunity to acquire the freehold title with a 50% discount on the property’s market value through various options.
Option 1: Enables the conversion of a Residential CPL to a FHT without the obligation to settle any outstanding arrears owed to the Crown. This initiative aims to streamline the process of transitioning from leasehold to freehold ownership, providing a pathway for individuals to secure their property rights under favorable terms.
Option 2: Allows applicants to acquire an FHT through installment payments, contingent upon meeting specific conditions. To be eligible for this option, applicants must be residents of the Islands and use the property as their primary residence during the application process.
Additionally, the freehold purchase price must exceed $75,000, and applicants must demonstrate their inability to secure a mortgage or loan to purchase the freehold title. This provision aims to facilitate property ownership for individuals facing financial constraints, ensuring that residency and genuine need are prioritized in the acquisition process.
Option 3: Allows for the conversion of a Residential CPL to a long lease, subject to specific criteria. Applicants must reside in the Islands and use the property as their primary residence during the application process. They must also demonstrate an inability to secure a mortgage or loan for freehold purchase.
Furthermore, applicants must be either over 60 years old or incapacitated due to illness, preventing them from working. Compliance with property boundaries is essential, ensuring that no buildings encroach on adjacent parcels.
Option 4: Allows for parcel adjustment, reconfiguration, or exchange to facilitate the acquisition of an FHT. This option provides flexibility for applicants who may benefit from modifying the layout of their land parcels to meet the requirements for freehold ownership. Generally, the larger the size of the parcel, the higher the value provided that all other variables remain constant. By accommodating adjustments, it allows persons to reduce the size of the lot to make it more affordable. It also permits the government to settle a number of long-standing matters where persons have either encroached on or built on the wrong parcel.
These options extend to executors or administrators of an estate if the property was the deceased’s primary residence and expand accessibility to property rights within the framework of the program.
The extension of the Crown Land Amnesty Program not only underscores the government’s commitment to good governance, transparency, and equitable land distribution but also represents a significant step toward resolving land tenure issues and promoting sustainable development in the Turks and Caicos Islands.
Director Lopez said, “By offering a pathway for individuals to secure legal title to their occupied land and broadening eligibility criteria, the program aims to facilitate a more comprehensive and accessible process, fostering security, investment, and development.”
She continued, “We encourage all eligible individuals to take advantage of this opportunity to formalize their land tenure status. By participating in the Crown Land Amnesty Program, residents can secure their rights, contribute to the economic growth of the islands, and build a more prosperous and sustainable future for all.”
To learn more about the Crown Land Amnesty Program and initiate the application process, interested individuals are encouraged to reach out to the TCI Crown Land Unit or visit its website at www.gov.tc/crownland/rcplamnesty, along with its social media pages @tcicrownlandunit.