Pay For Your Government Land Or Lose It! Press Release Story Updated: June 26th 2015 at 3:01 pm
Persons who have not been paying for land obtained from the government may lose their lots, the government is warning. “Government encourages all persons who have been allocated land for residential and commercial purposes by either the NHC or any other state agency to urgently bring their payments up to date with the land issuing agency or the Treasury, as the case might be. Failure to do so may result in the loss of your land allocation,” the Ministry of Lands informed earlier this week. The Observer understands from a source in the know that a large number of people have never paid for the government land allocated them years ago, while others are becoming increasingly delinquent in paying for them. This delinquency, the source said, has contributed significantly to the National Housing Corporation (NHC) being heavily indebted. The government is offering to write off the interest accrued on the delinquent land payments, calling it a “Fresh Start Policy”. “Government has decided to waive the interest payments accrued, thereby allowing you to pay the principle amount on or before December 31 st , 2015. This interest waiver will be applicable to one lot only, in the event that persons are in possession of more than one lot,” the Ministry notified via press release. Persons who received allocations during the period January 1st 2015 and February 15th 2015 are being asked to visit the Land Sales Office at the Social Security Building to fill out the necessary paperwork to facilitate the waiver. “Failure to do so by December 31st 2015 could result in your land allocation being revoked,” the Ministry stressed. The government has committed to facilitating the ownership of 3000 lots of lands by citizens. Persons who are in land lease arrangements with Government will have their arrangements reviewed under a new leasing policy, the Ministry informed. “Lessees are instructed to visit Government’s Land Sales Office on or before September 30th 2015 to review your lease arrangements with a view to benefitting from Government’s new and progressive Land Lease Policy.” According to the release, these actions will allow persons equitable access to lands for the first time.