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Property

Municipal bills haunt property buyers

A NUMBER of property investors are finding themselves in a tricky situation where they incur huge outstanding municipality bills after purchasing immovable properties without conducting any due diligence exercise to check the properties’ standing with local authorities. (more…)

Workers want sale of factory reversed

FINANCIAL services group, FBC Holdings, last week made a successful US$445 000 auction bid for a factory belonging to embattled Trinidad Industries’ after unpaid workers had secured a court order to attach and sell the property to recover money the company owes them in unpaid salaries. (more…)