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Partners
Bruce R. Twa
BA., LL.B., T.E.P.
Yvette D. Marcelin
BA., LL.B., T.E.P.
Bernd G. Wolf
BA., LL.B., T.E.P.
Associates
Peter E. Cochrane
BA., LL.B., T.E.P.
André K Malcolm
Equity Ltd.
Equity Ltd. a wholly owned subsidiary of Logberg Trust Corporation Ltd. has been a licensed financial services provider since December 1, 1996. Equity Ltd. can facilitate mortgage loans on real estate in the Turks & Caicos Islands, generally to a maximum of 50% to 60% of the value of the property. Equity Ltd bases the loan strictly upon the value of the property and accordingly there is no need to examine the financial statements or credit worthiness of the loan applicant.
Our associated law firm Twa, Marcelin, Wolf will prepare and register a first charge against the property, (in addition to other security documentation) and the legal fees for these services are 1% of the loan value. It should be noted that borrowers in the Turks & Caicos Islands must pay a 1% stamp duty (tax) which is payable to the Turks & Caicos Islands Government upon the registration of charge (mortgage), at the Land Registry Office.
Equity Ltd. typically charges a 1% finders fee/loan administration fee for acting as a mortgage broker and facilitating the loan.
If you have funds you would like to invest, Equity Ltd. can place your funds on a loan secured by a first charge (mortgage) with a short term; one, two, or three years.
Fax: 649-946-4410
E-mail: questions@TwaMarcelinWolf.com
web: www.TwaMarcelinWolf.com
Leeward Highway, P. O Box 209
Providenciales
Turks & Caicos Islands, BWI
