Administration of Estates Act, 2002 (Cap. 108). | Land Portal

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LEX-FAOC042442
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This Act provides for administration of land and other property of deceased persons. The Act consists of 37 sections divided into 5 Parts: Preliminary (I); Devolution of Real Estate (II); Executors and Administrators (III); Administration of Assets (IV); General (V).Real estate to which a deceased person was entitled for an interest not ceasing on his death, shall, on his death and notwithstanding any testamentary disposition thereof, devolve on the personal representative of the deceased. Other matters provided for include rights and duties of administrators and executors appointed in accordance with Act, power to act, continuance of legal proceedings, rights and liabilities of administration, duty of personal representative as to inventory, rights of personal representative to distrain, protection of persons acting on probate or administration, liability of person fraudulently obtaining or retaining estate of deceased, liability of estate of personal representative, remuneration of executors and administrators, power to make rules.

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Bahamas Legislation

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Lucayan Indians inhabited the islands when Christopher COLUMBUS first set foot in the New World on San Salvador in 1492. British settlement of the islands began in 1647; the islands became a colony in 1783. Since attaining independence from the UK in 1973, The Bahamas has prospered through tourism, international banking, and investment management. Because of its location, the country is a major transshipment point for illegal drugs, particularly shipments to the US and Europe, and its territory is used for smuggling illegal migrants into the US.

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