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General Processes Acquiring Land in Ghana

  Рет қаралды 1,955

land realty consult

land realty consult

Күн бұрын

Major steps in buying land in Ghana
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1. Conduct due diligence
a. Verify the identity of the grantor
b. Ascertain the capacity of the grantor to deal with said land
2. Obtain the site plan from the vendor/copy of land certificate
a. Don’t trust anyone at this point
b. Don’t trust any document at this point
3. Search process
a. Conduct search with the Lands Commission to ascertain whether there is no encumbrance on said land
b. Conduct search with Land Use and Spatial Planning Authority (LUSPA)
REQUIREMENTS FOR OFFICIAL SEARCH WITH LANDS COMMISSION
• Summit a formal application letter addressed to the Regional Lands Officer or the Directors of the Division
• Site plan with clear grid values
• Preferred scale of the site plan should be 1:2500
4. Site inspection and due diligence
• Ascertain the neighborhood characteristics
• Ascertain hidden facts-litigations, liabilities, unplotted court judgements
• Disclose your intensions to buy the land to the neighbors
5. Draft and sign sale purchase agreement
a. Don’t pay any money unless you are done with the above processes
b. It is a legal contract that obliges the seller to sell his/her property and a buyer to buy
c. Endorse by both parties
6. Negotiation and the acceptance of an offer
7. Preparation and execution of the transfer deed
8. Conduct oath of proof
9. Conduct stamp duty
10. Register with lands commission
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Пікірлер: 7
@akokorapiaw6855
@akokorapiaw6855 Жыл бұрын
Many thanks for the details you provide regarding acquisition of land. It will be very much appreciated if you can also do a video on what documentation and processes are required to transfer ownership of a registered land from seller to buyer. Thank you.
@jmbinyam770
@jmbinyam770 2 жыл бұрын
Informative. Thanks
@awudumusah2360
@awudumusah2360 Жыл бұрын
Hi. Thanks for the information. I want to ask. On the proof of execution page on the indenture where it needs to be endorsed by the High court, can a commissioner of oath sign/endorse that part?
@worshiprisetv
@worshiprisetv Жыл бұрын
Whats the percentage of the stamp duty paid to the GRA?
@anyasmiller806
@anyasmiller806 2 жыл бұрын
So all these processes you outlined should be done before the purchase of a parcel of land if I understand you correctly?
@landrealtyconsult
@landrealtyconsult 2 жыл бұрын
Exactly
@Lordmatechinpg
@Lordmatechinpg 2 жыл бұрын
Your sound is always low..Kindly check it please... Can I have your number if you dont mind
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