First Ever Statutory Lease Distribution Ceremony
Friday 20th July 2018, will be remembered as the date that several Certificate of Comfort holders received statutory leases from the Land Settlement Agency. These beneficiaries who reside in several communities in Sangre Grande, Brazil and Wallerfield attended a Ceremony at the Government Plaza, where they received their statutory leases for a period of 30 years.
The decision to provide title for the occupied lands is in keeping with Government policy and the Ministry’s mandate to facilitate homeownership for the most vulnerable. In so doing, beneficiaries will finally be considered legitimate landowners with all of its attendant rights and benefits.
Delivering the feature address on behalf of the Prime Minister and Minister of Housing and Urban Development, Deputy Permanent Secretary (Ag.) Haimdath Ramoutar congratulated the statutory lease recipients and encouraged them to make every effort to pay the 25% premium offered so that they can receive the Deed of Lease for 199 years.
Also speaking at the event were: Senator the Honourable Clarence Rambharat, the Minister of Agriculture, Land and Fisheries; Mr Ossley Francis, Chairman of the Land Settlement Agency; and Mr Hazar Hosein, Chief Executive Officer of the Land Settlement Agency.