Conveyances and Other Dispositions (Foreign Companies) Validation Act, 1966. | Land Portal

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LEX-FAOC112708
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This Act makes provision with respect to validation of dispositions relating to land in The Bahamas made by or to a foreign company not registered under the Foreign Companies Act. Grant, conveyance, mortgage, deed of assent or other disposition, as defined by this Act, of or relating to land within The Bahamas made by or to a foreign company not registered under the Foreign Companies Act shall be deemed to be or ever to have been invalid or defective by reason only of any such noncompliance, and such non-compliance or non-registration shall not constitute a defect in or objections to the title to any such land.

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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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