Indenture For Land In Ghana In Broward
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FAQ
Unlike Ghanaian citizens, non-citizens of Ghana are not entitled to tenure interest in any land in Ghana but then a lease of up to fifty (50) years is suggested. Nevertheless, Ghanaians can acquire lands on a freehold interest or leasehold basis for ninety-nine (99) years conditional on renewal for a future term.
The State's power of eminent domain has been exercised in Ghana since colonial times under various enactments. The objective has been in pursuit of the socio-economic development for the public good. The result has been the compulsory acquisition of about 20% of the lands in the country for the state.
In Ghana, Land acquisition is organized along two main lines; that is, customary and statutory or public. Ghana has a total land size of 238,539 square kilometres, rich in natural resources and land (Ghana Statistical Service, 2021) .
Ghana's ineffective land administration system has serious implications. For example, several parcels of land are unavailable for development due to ownership challenges. It also clogs up the country's courts – a recent study suggested that about 57% of all court cases in Ghana are land related.
An indenture is an agreement or contract between the vendor and the prospective buyer, which also contains the duration the land was being leased. Thus, it was only when the Commission had issued the land title certificate to the buyer before he or she could claim full ownership of the land.
Unlike Ghanaian citizens, non-citizens of Ghana are not entitled to tenure interest in any land in Ghana but then a lease of up to fifty (50) years is suggested. Nevertheless, Ghanaians can acquire lands on a freehold interest or leasehold basis for ninety-nine (99) years conditional on renewal for a future term.
Land registration in Ghana takes not less than 6 months and can easily turn quite complicated and be delayed by middlemen. My advice is that do not take any shortcuts in acquiring land because a lot of people have been frustrated. Follow due procedures as much as possible.
