How secure is it to buy land in The Cayman Islands?
The Cayman Islands are a British Territory that operates under British Common Law. The Land Registry was created as a result of the Land Adjudication process, a UK Government-sponsored initiative during the 1970s. The process replaced the registration of deeds (whereby the papers associated with land transactions were registered) with a registration of title system – whereby the land itself was registered. The most important single component of Land Registration is that the Cayman Islands Government guarantees title. Land registration brought a certainty and finality to many questions of land ownership and provided confidence in land tenure that allowed for much of the economic development of the Cayman Islands in the last three decades. The Register and associated documents are public records, allowing full transparency in the ownership transactions.