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Graham Thompson

Alistair W. Chisnall

Alistair W. Chisnall

Partner

Expertise

  • Banking & Finance
  • Property & Development

WSG Practice Industries

Activity

Profile

Alistair Chisnall is a Partner in the firm’s Property and Development Practice Group.

Alistair specializes in real estate transactions and conveyancing, sales and structuring for both high-end and private client matters and large commercial transactions.  His practice covers mortgage-backed financing and loans, property title due diligence and opinions, title insurance, subdivision, resort and hotel planning development and operation, commercial and residential leases and related tax matters and issues and in advising on and applying for all governmental and requisite approvals.

Recent engagements include:

  • Acting as counsel for real estate and condominium developers in connection with acquisitions, project structuring, regulatory matters, sales (and pre-construction sales) and related matters – which has assisted in bring +300 condominium units onto market in recent years.
  • Representing private clients in the sale or purchase of luxury real estate in the Lyford Cay, Albany, Old Fort Bay, Paradise Island/Ocean Club and Out Island resort and residential communities.
  • Representing an international title insurance company in respect of due diligence and insurance policies for the sale and purchase of a 500 acre high-end residential/resort community, the acquisition of a landowning company for a 2,000 acre commercial property and condo sales program for a condominium project with +200 units.
  • Representing a major international debt fund as local counsel in a debt-for-equity swap of approximately US$ 170 million, concerning a major Bahamian resort property and related joint venture interests, which included obtaining requisite multi-departmental Bahamian Government approvals for the acquisition, the assumption of casino management licenses, and numerous relevant operating licenses.
  • Representing a major Bahamas hotel enterprise as local counsel in the restructuring of a complex commercial real estate-backed structured financing for approximately US$2 billion.
  • Acting for a local real estate development company in respect of the sale of a 900 acre residential resort community.
  • Providing advice for developers and purchasers on environmental matters in connection with a marina/shipyard acquisition, boutique resort development and commercial retail development.
  • Assisting with the planning, governmental approvals and legal framework for subdivisions, resorts and planned-community development and sales.
  • Advising on the acquisition, ownership and sales of residential and commercial property in the Bahamas, and related financing and approvals.
  • Advising credit risk personnel at local lending institutions on the enforceability of mortgage security, demand and sale, and acting on behalf of such lending institutions in power of sale matters.

Bar Admissions

  • Bar of England and Wales, 2007
  • The Bahamas Bar, 2007

Education

BPP Law School, United Kingdom
University of Singapore, Singapore
University of Southampton, United Kingdom
Areas of Practice

Banking & Finance | Property & Development | Banking & Finance | Property & Development

Professional Career

Professional Associations

The Honourable Society of Lincoln’s Inn


The Bahamas Bar Association




Articles

Important Notes on Real Property Tax in The Bahamas and Rates for the 2019 Tax Year
Graham Thompson, August 2018

In the recent budget exercise completed by the Bahamas Government, certain significant changes to the regime for Real Property Tax in The Bahamas were announced and have received a great deal of focus.It is important to take specific advice regarding the annual real property taxes which may be payable in respect of your property, how and when taxes should be paid, and the exemptions (if any) which might be available to you in respect of your property...

Top Ten Things to Know About Real Property Tax in The Bahamas
Graham Thompson, August 2018

Register your property Online.Registering for an online real property tax account at propertytax.gov.bs is easy, and all that is needed is the property assessment and grid numbers (found on any bill or tax certificate). Once registered, the online account is a convenient way of keeping track of your account. Payment can also be made through the online account, and a tax certificate can be printed directly from the account.Pay the tax by 31st March and enjoy a 10% reduction...

Additional Articles

Chambers 2020 Global Practice Guide, Real Estate in The Bahamas. April 2020.


Important Notes on Real Property Taxes in The Bahamas. Rates for the 2019 Tax Year [July 2018]



WSG's members are independent firms and are not affiliated in the joint practice of professional services. Each member exercises its own individual judgments on all client matters.

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