A License to Occupy (LTO) agreement is a temporary arrangement to customers when they are assessed and qualify for a mortgage but the property has not yet been vested in the HDC. Full title to the land occurs after vesting, at which time the HDC will approach the customer to convert to a mortgage. An LTO agreement does not give the customer title (ownership) to the property.

An LTO agreement does not give the customer title (ownership) to the property.

Housing Development Corporation (HDC)Ministry of Housing & Urban Development

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