3 PRACTICES TO ADOPT BEFORE PURCHASING LAND (PART 2)
Land in Ghana has seen increasingly high levels of demand due to the growing population. Locals and expatriates alike aspire to stake a share in Ghana’s lands in order to serve either as a foundation for a home or for other commercial purposes.
There are difficulties associated with the land purchase in Ghana. Here are some tips on the best practices to adopt before purchasing the land.
1. 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.
2. 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.
3. 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.
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