Escrow Accounts
An
Escrow or holding account refers to an account where deposits are placed in an
interest bearing account in the custody of a third party on behalf of the
Vendor and the Purchaser until all terms and conditions of a sale have been met. Cornerstone Properties has a solid track record and over seven years’ experience in handling Escrow Accounts.
Quick Facts on T&T
The Trinidad and Tobago facts include the various aspects that define the nation of Trinidad and Tobago. This West Indies country situated off the east coast of south South America is believed to be once a part of the main land of the continent. The Trinidad and Tobago people comprise a huge variety of ethnicity. Significantly Indians constitute 40% of the total population a large number of Hindus reside this South American country.
About Trinidad & Tobago
Trinidad and Tobago is a country comprising the southernmost of the islands in the Caribbean Sea. Trinidad, Tobago, and the adjacent islets that make up the country are situated off the northern coast of South America. The country’s capital and largest city, Port-of-Spain, is on Trinidad, the larger of the two islands. Trinidad and Tobago has a varied population. Descendants of immigrants from India make up the largest group, followed closely by people of black African descent.
Development Planning in T&T
Planning permission must be obtained from the Town and Country Planning Division of the Ministry of Planning and Development before any development of land is undertaken. This is necessary to ensure the optimal and efficient use of land, and to enhance the quality of the environment by providing...
The table below shows the comparison between the Property Tax calculations in Trinidad & Tobago in effect up to (Dec 2009) and the new rate scheme, effective January 2010.


