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Monday, November 19, 2012

Asantehene cuts Cost and Time of Land Registration

His Majesty Otumfuo Osei Tutu II, in his quest to promote socio-economic development of the Kumasi through land tenure security is embarking on mass land registration project. The Lease Documentation Project, according to the project website, is a pragmatic approach to formalize all land grants in the Kumasi. The project seeks to drastically cut the cost of land documentation, remove delays in the documentation process and ensure that land owners obtain valid leases  over their properties within six months.

In Kumasi, about 90% of houses are not formally registered with the Lands Commission. Owners of such properties derive their title through allocation note (For detail discussions on allocation notes read my earlier blogs Rethinking Allocation Note and What is in Allocation Note). Land registration processes are costly, cumbersome and time wasting.  

The project is expected to run for a period of six months. Land owners who take advantage of the project would have the benefit of paying a highly reduced ‘Drink Money’, land survey facilitated by the project at a reduced cost and have a lease prepared and executed within the project life provided there are no technical challenges or conflicting claims to the parcel. Where there is no approved development scheme, the project would facilitate the scheme preparation and approval at the District/Municipal/Metropolitan Assembly within which jurisdiction the land is located. The project has a stand-by adjudication body that would resolve disputes and conflicts to move the process forward. The project would involve all relevant stakeholders including public land sector agencies for effective delivery.

For information on how to participate in this project, visit the project website. Alternatively, you can contact DataEstate Ltd or email me. This is for your information only.