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Jamaica - Acquire Factories Corporation of Jamaica (FCJ) Land

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Procedure

Apply In-Person

  1. To purchase the Factories Corporation of Jamaica (FCJ) land by either lease or sale, in terms of an Unsolicited Expressions of Interest i.e., not in terms of advertised property by the FCJ, you can submit your complete application to the FCJ office for processing, please view their contact details via this link: Link
  2. 'Once you have identified a property that you are interested in, write an unsolicited expression of interest (EOI) addressed to the FCJ’s General Manager clearly stating the following:
    • The intended use
    • The particulars of the party/s making the request
    • A purchase offer for the land
  3. Submit your EOI to the FCJ’s office in person or you can send it via their email address to the address provided in the “Office Locations and Contacts” section below
  4. Upon receiving your application, the FCJ will verify your application and send you feedback outlining the next steps to be taken regarding your application, within one week of receipt of the request
  5. You will be required to conduct a valuation on the property you are interested in using a certified property valuator and submit a purchase offer to the FCJ based on the valuation of the property
  6. Upon submitting your purchase offer, the FCJ will review the offer through the National Land Agency (NLA)within two to four weeks of receipt of the purchase offer to ascertain the land value
  7. Then after the NLA valuation, the FCJ will advertise the property and conduct a competitive bidding or tender exercise on the property and you will be required to submit a proposal in keeping with the advertisement
  8. Then the FCJ will issue an award based on the bidding and then negotiate an offer of purchase with you within four to six weeks of the bid
  9. Once FCJ accepts your final bid, they will forward it to the relevant ministry for ministerial approval
  10. If approved and the FCJ is satisfied with your application, they will issue you an agreement of sale or lease of the property and you will need to visit the FCJ’s office to collect your copy of the final executed agreement


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Required Documents

  • Unsolicited Expressions of Interest
  • Bidding documents
  • Any other relevant document that might support your application


Office Locations & Contacts

'The Factories Corporation of Jamaica
Estate Department
17 Knustford Boulevard
Kingston 5
Mon – Friday: 8:30 am – 4:30 pm
Tel: (876) 968-4766
Fax: (876) 929-7453
Email: [email protected]
Website:Link

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Eligibility

  • Individuals and Companies who wish to acquire FCJ property are eligible


Fees

  • The property value will be indicated on the agreement documents


Validity

  • The process is valid until you own the land


Documents to Use

Please attach documents that can be used by people. e.g. links


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Sample Documents

Please attach sample completed documents that would help other people.


Processing Time

  • Within 3 to 4 months


Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.gIn the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.


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Instructions

  • You can also acquire FCJ’s property when they advertise it through their print media. In this case, they will list the steps and required documents you need to submit for a successful bid and purchase


Required Information

  • The intended use
  • The particulars of the party/s making the request
  • A purchase offer for the land


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Need for the Document

  • The sale/lease agreement obtained from the FCJ is binding to both parties and it proves that you have obtained the property in a legal way


Information which might help

Enter other informations which might help.


Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.


External Links


Others

More information which might help people.