TURKS & CAICOS Law and Practice Contributed by: Oliver Chapman and Chris Smith, Griffiths and Partners
Griffiths and Partners offers more than 20 years’ experience dealing with real estate in the Turks and Caicos Islands, and overseas. The real estate team assists with the sale and pur - chase of residential and commercial property on the Islands, from individual parcels of land to multimillion-dollar villas, as well as advis- ing on large-scale commercial developments, mortgages and financing, leasing and share transfers, and joint venture agreements. The firm regularly advises on development agree - ments with the government and acts for local,
institutional and overseas lenders in relation to secured lending in the Islands. There are no re - strictions on foreign ownership of property on the Islands and the firm is able to lead its over - seas clients through all the stages of identifying, financing and acquiring property. The firm pro - vides guidance and close support throughout the development process, from site acquisition and planning, through the construction stage to completion, and thereafter the management and onward disposal or letting of the property. Chris Smith qualified as a UK solicitor in 2014 and worked at Macfarlanes LLP in London until joining Griffiths and Partners in early 2020. Chris specialises in high-value commercial and residential real estate. He is experienced in acquisitions, sales, high-value leasing, development and construction, real estate finance and asset management (including landlord and tenant arrangements) and works closely with G&P Mortgage Fund, which is linked to the firm. Chris also has experience in dealing with general corporate and commercial matters and has extensive negotiation experience.
Authors
Oliver Chapman qualified as a UK solicitor in 1999 and was admitted to the Turks and Caicos Bar in 2012. Oliver heads up the real estate department at Griffiths and Partners and
specialises in commercial real estate and development law, and advises on all aspects of resort development through initial land acquisition, development agreements with the government, planning and construction, to establishing rental and management programmes. His broad client base includes major developers and investors, high net worth private clients, trusts, strata corporations and institutional and private lenders. He regularly advises on high-value sales and purchases of condominiums and private villas. His practice also encompasses general corporate and commercial advice in relation to joint venture vehicles, and the acquisition and/or establishment of businesses on the Islands.
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