Nkrumah was appointed leader of the Gold Coast's government business. Nkrumah declared Ghana's establishment and autonomy. On 1 Julyfollowing the Ghanaian constitutional referendum, and Ghanaian presidential election, Nkrumah declared Ghana as a republic as the first President of Ghana.
Print This Land in Ghana has seen increasingly high levels of demand due to the growing population. Online real estate marketing portal Lamudi has acknowledged the difficulties associated with the land acquisition process in Ghana and shares some tips on the best practices to adopt. Do due diligence Before buying a piece of land, you have to make enquiries and checks.
According to the Lands Commission, there is no standard procedure in acquiring land in Ghana. This raises the risk of buying a disputed piece of land, and if this happens, the best case scenario is to take the matter up in court, which could drag on for years.
The onus is therefore on you to check for any fraudulent behaviour from the seller. A case in point is a seller who demands payment for a cadastral plan, which should not be the case.
Search process After doing a background checks on the seller, you also need to check with the Lands Commission to verify whether the land actually belongs to that individual or group. This process usually takes a minimum of two weeks and, considering the length of time it can take for a court process; this one is worth the wait.
Obtain a cadastral plan You need to establish the area you want to acquire the land from, find a set location and have the seller provide you with a cadastral or site plan prepared by a licensed surveyor which shows the precise location and coordinates of the land.
This site plan helps prevent ownership disputes with land guards as the Lands Commission keeps copies in their office. Hire an independent surveyor The cadastral plan is a strong indicator of land availability but not a guarantee. Hiring an independent surveyor to cross-check the land against the site plan is a move in the right direction as it reduces the risk of disputes.
All lands are sold as leasehold Prospective buyers need to note that buying land in Ghana can only be done as a lease-hold and not a freehold agreement.
A freehold can be described as a life estate; meaning the land is the eternal property of the owner. A lease-hold, on the other hand, is property that can be sold for a limited duration.
Draft and sign a purchase and transfer agreement Before making payment, make sure to draft a purchase and transfer agreement endorsed by you and the seller. It would help to have a lawyer assist you in drafting such an agreement to protect your interest.
Register with Lands Commission Ensure that you inform the Lands Commission about the transaction and apply for a transfer and registration of the land.
The Lands Commission will provide you with a title certificate and cadastral plan at a later date.Homebase TV – feelthefish.com – Ghana HomePage, resource for News, Sports, Facts, Opinions, Business and Entertainment, Ghana News, News in Ghana, latest in ghana, Business in Ghana, Entertainment in Ghana, Top Stories in Ghana, Headlines in Ghana, Politics in Ghana, Elections in Ghana, Sports in Ghana, Tourism in Ghana, Health Lifestyle, Radio in Ghana, GhanaWeb, Celebrati.
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