Real Estate

The Real Estate Group of Lennox Paton advises on all aspects of residential and commercial real estate transactions, individual and project financing. We have a wealth of experience in subdivision planning and development, planned residential communities and condominium development. We represent some of the leading financial institutions and lender groups in the financing of development projects in New Providence and the Family Islands. We also offer advisory services on the assessment of stamp tax in various corporate and real estate transactions and the assessment of real property tax. We offer title insurance through our affiliate company, Resort Title Insurance Agency Limited.

The Real Estate Group has two partners, David R. Johnstone and Chelon M. Carr-Newbold, who are supported by associates. We are also pleased to have Karen Havice as special counsel whose expertise is time-share, condo-hotel development and mixed-use projects. David leads the Real Estate Group and has been consistently ranked by Chambers and Partners, a United Kingdom rating agency, as one of the top tier attorneys in The Bahamas. Chelon has particular expertise in residential and commercial property acquisition and financing, condominium development, subdivision planning and development and residential and commercial leases.

We have published the following related articles for further information:

Requirements for Homeowners who rent one or more of their bedrooms under the Hotels (Amendment) Act, 2009: Click for more information

A summary of Real Property Tax Rates: Click for more information

New licensing and taxation requirements to operate a business in The Bahamas: Click for more information