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Are you looking to acquire land in Ghana? Whether you're a local resident, a diasporan, or a foreign investor, navigating the process of land acquisition can be challenging. In this video, Mr. James Ofori Boadu deputy executive secretary of the land commission spoke about land acquisition in Ghana. He provided a comprehensive guide to help you understand the steps involved in acquiring land in Ghana, ensuring a smooth and legally sound transaction.
Identify the Land:
Start your journey by physically inspecting and identifying the parcel of land that suits your needs.
Conduct a Search:
Before proceeding, conduct a thorough search at the Lands Commission to verify the land's ownership and status, ensuring it's free from disputes and encumbrances.
Negotiate the Price: Engage with the landowner to negotiate a fair price. It's advisable to have a lawyer or real estate agent assist you in this process.
Draft a Sale Agreement: Once the price is agreed upon, have a lawyer draft a sale agreement outlining the terms and conditions of the sale, including any payment plans.
Make Payment: Securely make the payment as per the agreement. Using a bank's escrow service or paying through a lawyer is recommended for added security.
Transfer of Ownership: After full payment, the landowner should transfer ownership to you by executing a deed of conveyance or an indenture, which should then be stamped at the Lands Commission.
Register the Land: The final step is to register the land at the Lands Commission, submitting the stamped deed, a site plan, and other required documents. Registration secures your legal ownership and protects your interests.
For a smooth and legally sound land acquisition process in Ghana, it's crucial to engage the services of a reputable lawyer or a certified real estate agent. Stay informed, stay secure, and happy land hunting!
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22 авг 2024