This Act provides rules relative to the prevention of frauds and perjury in relation with dealings in land. It, among other things, defines the legal effect of leases estates interests of freehold not made in writing, requires surrender or grant of leases or estates of freehold or declarations or creations of trusts of lands to be in writing and concerns some other matters of inheritance.
Authors and Publishers
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.