TURKS & CAICOS Law and Practice Contributed by: Oliver Chapman and Chris Smith, Griffiths & Partners Attorneys
For the registration of the lease on the register of title, there is a fee of USD25, and it is usually paid by the tenant. 6.21 Forced Eviction It is common for a lease to contain forfeiture clauses that allow the landlord to evict the ten - ant. However, the tenant has a statutory right to apply to the court for relief against forfeiture and so the timeframe for the forfeiture process can vary. 6.22 Termination by a Third Party The Islands’ government can compulsorily acquire any land, but this rarely occurs. Compensation is payable, typically at the market value of the interest acquired. 6.23 Remedies/Damages for Breach There are no such statutory or customary limita - tions on damages, and the usual principles will apply. Security deposits are common and are typically paid in cash at the start of the lease term. 7. Construction 7.1 Common Structures Used to Price Construction Projects There is no commonly accepted market stand - ard of contract and so parties are free to agree terms as they see fit, with the format and com - plexity of the contract often being driven by the sophistication of the parties and the type of pro - ject. Most larger construction contracts will, however, typically follow a US style (such as the American Institute of Architects), a UK style (such as the Joint Contracts Tribunal), a combination of the
two or even the contractor’s (or developer’s) own standard terms. 7.2 Assigning Responsibility for the Design and Construction of a Project Concerning the assignment of responsibility for the design and construction of a project, see 7.1 Common Structures Used to Price Construc- tion Projects . 7.3 Management of Construction Risk Concerning the management of construction risk, see 7.1 Common Structures Used to Price Construction Projects . 7.4 Management of Schedule-Related Risk Concerning the management of schedule-relat - ed risk, see 7.1 Common Structures Used to Price Construction Projects . 7.5 Additional Forms of Security to Guarantee a Contractor’s Performance Concerning additional forms of security to guar - antee a contractor’s performance, see 7.1 Com- mon Structures Used to Price Construction Projects . 7.6 Liens or Encumbrances in the Event of Non-Payment Concerning liens or encumbrances in the event of non-payment, see 7.1 Common Structures Used to Price Construction Projects . 7.7 Requirements Before Use or Inhabitation Certificates of occupancy must be obtained from the Planning Department before any new buildings are occupied.
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