Location
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.
The Bahamas is a parliamentary democracy under a constitutional monarchy.
Source: CIA World Factbook
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Resources
Displaying 16 - 20 of 86Mortgages Act (Cap. 156).
This Act makes provision with respect to a simplification in rules regarding redemption and foreclosure of mortgages. The rules concerns satisfaction of costs by mortgagor in actions concerning mortgages or ejectments and the power of Court to compel the mortgagee to surrender the Premises, and legal proceedings regarding extinguishments of a mortgage.
Fraudulent Gifts Act (Cap. 149).
This Act prohibits the making of feigned conveyances of property including land. The Act also defines legal consequences of such fraudulent alienation of property declared void as against the creditors. Provision is also made for common recoveries by tenants in tail.
Inheritance Act, 2002 (Cap. 116).
With regard to the real and personal estate of every person dying after the commencement of this Act, there shall be abolished: (a) all existing modes, rules and canons of descent, and of devolution by special occupancy or otherwise, of real estate, or of personal estate; (b) tenancy by the curtesy; (c) dower. The residuary estate of an intestate shall he distributed in the manner mentioned in section 4.
Clandestine Mortgages Act (Cap. .
This Act provides rules so as to prevent a debtor to take up money of another person upon mortgage without notice of legal proceedings against the debtor to the mortgagee.
Probate and Administration of Estates Rules, 2011 (S.I. No. 50 of 2011).
These Rules implement provisions of the Probate and Administration of Estates Act, 2010 in respect of, among other things; (a) the procedure for: (1) making an application to obtain a grant of: (i) probate of a will; (ii) letters of administration with will annexed; and (iii) letters of administration, of an estate, of a deceased person, where there is no dispute as to the right of the applicant to obtain such a grant; (2) making an application to reseal a foreign gram; (3) lodging a caveat against a grant of probate or administration and warning the caveator; and (4) issuing a citation; (b