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Clearing Up Condo Mortgages
Description
Attorney General Mohabir Anil Nandlall tackled condo mortgages head-on in a key meeting with Guyana’s bankers, clearing up confusion around the new Condominium Act—and revealing that the law itself isn’t the issue. The real fix? Better coordination between banks and land registries, plus training for registry staff to handle the new procedures smoothly. Nandlall’s solution? A public-facing guide from the Act’s author to ensure consistent, correct application—making mortgage processes clearer and more reliable for everyone.
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