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Ke­jan Haynes

Min­is­ter of Land and Le­gal Af­fairs Sad­dam Ho­sein in­sists the Hous­ing De­vel­op­ment Cor­po­ra­tion’s (HDC) trans­fer fee pol­i­cy, which sparked con­fu­sion last month, is not in ef­fect.

The HDC had cir­cu­lat­ed a doc­u­ment propos­ing a five per cent fee on trans­fers with­in fam­i­lies and ten per cent on oth­er sales, re­plac­ing the pre­vi­ous flat ad­min­is­tra­tive fee of $700.