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Have you ever had a tussle with any person regarding the ownership of a land. Argument on the ownership of lands in the country has become rampant owing to the fact that some traditional rulers and estate agencies decide to sell the same lands to different people.
We are taking you through the salient things you need to understand about land ownership in the country.
To begin with, The Lands Commission is the Institution mandated to register lands in the country.
Why Should You Register Your Property?
You can own a land and not follow due process to register it so below are some reasons you should register your land.
a. Registration of documents relating to landed property is compulsory in Ghana.
b. Registration confers priority on the registrant. It confers priority over all other registrations affecting the same land.
c. Registration serves as notice to the whole world that you own the property.
d. When you register your title to a land, all other interests acquired after your registration will be subservient to your title.
What Do You Need To Register?
Deed Registration
a. This is the registration of any document affecting a land in Ghana.
b. It is compulsory and required under Ghana law to register a document affecting land.
c. A document to be registered must be proved on oath and must contain sufficient description of the land.
Title Registration
a. Registration of title to land is the foremost evidence of title to a land
b. Registration of title to land has the potential of curing defects in title
c. Registration is final and conclusive evidence of title and no subsequent claim inconsistent with the title shall defeat the title.
Steps Involved In Registering A land
The steps below are the approved ways of registering a land
a. The conduct of a search at the Client Service Access Unit (CSAU), (formerly Lands Valuation Board), on the property to be registered to ascertain the previous ownership of the land and any historical transactions affecting the land;
b. Assessment and payment of stamp duty on the instrument/deed of transfer at CSAU.
c. Stamp duty is assessed between 0.5% to 1% of the value of the property;
d. The stamped document is then submitted at the CSAU for application for a land title certificate.
Time taken To Complete Registration Of Land
The process involves a lot of paperwork and it may take up to a year or more.
Amount Involved In Registering Land
The actual amount varies depending on some conditions. They are:
a. the size of the property
b. the location
c. the value of the land
d. other costs such as stamp duty which is valued between 0.5% to 1% of the land’s value
Good luck with registering your land with the Lands Commission and having your documents.
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