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Considerations for Landlords Before Renting Property i...
Mr. Emmanuel Horvey Kporsu, PRO Rent Control Department has reiterated that any property owner who wants to venture into the property rental business must first equip him or herself with the laws of the country governing the sector. Speaking on National Television, Mr. Kporsu indicated that no landlord or property owner can rent out their facilities without due process. He added that you cannot …
Ghana Stool Lands to Go Digital
The Office of the Administrator of Stool Lands has joined hands with Lands Commission in the digitalization of land management in the country, a move the Deputy Minister For Lands and Natural Resources, Honorable Benito Owusu-Bio called a step in the right direction. As the various sectors of the economy goes digital, the Office of the Administrator of Stool Lands (OASL) which falls under …
5 Mortgage Providers In Ghana You Need To Know
Housing or shelter is considered as one of the most important basic needs in everyday society and it’s a dream come true for many people. However, not everyone has the means to accomplish that desire. This is where mortgages come in to save the day. Mortgages are loans taken to buy homes or property. In Ghana, the following financial institutions can be considered when it …
New Lagos Real Estate Regulatory Law to Boost Investor...
Principal Consultant, Kunle Faleti Consulting, Mr. Kunle Faleti (left); Lagos State Commissioner/Attorney General for Justice, Mr. Moyosore Onigbanjo; Special Adviser to Governor on Housing, Mrs. Toke Benson-Awoyinka, Permanent Secretary; State’s Ministry of Housing, Mr. Wasiu Akewusola and Senior Special Assistant to Governor on Housing, Mr. Ayodeji Amodu at stakeholders forum on real estate held at the Oriental Hotel, Victoria Island, Lagos.
Land Lease Agreement: Part 1
What is a land lease agreement? A land lease agreement is also known as a ground lease, refers to the leasing of a plot of land. It is a type of commercial real estate lease in which a lessee is permitted to build on the rented land. A land lease can be used for a wide range of purposes, stretching from commercial to residential …
Ghana Gov’t Commits to Litigation Free Lands for Diasp...
The Minister for Finance, Ken Ofori-Atta has assured the diaspora community of the Government of Ghana’s commitment to ensuring Land Security for their Real Estate Investment in the Ghanaian property market. In response to a question regarding efforts of the government to attract more diaspora investments into the real estate sector during his media engagement after the Ghana Diaspora Investment Summit organized by the …
Ghana Ranked 2nd Most Peaceful Country in Africa
Ghana has been ranked the second most peaceful country in Africa in the 2021 Global Peace Index report by the Institute for Economics and Peace (IEP). The IEP is an independent, non-partisan, non-profit think tank dedicated to shifting the world’s focus to peace as a positive, achievable, and tangible measure of human well-being and progress. A look at the snapshot of the global state of peace as …
Real Estate Opportunities in The Gambia for Global Buy...
The Gambia is a coastal country in Africa that has emerged as a great area to invest in real estate for both local and foreign buyers alike. The Gambian government is committed to business development and free enterprise. It has a reputation as a tranquil, secure destination, with property conveyancing laws based on the British system, low inflation, fiscal stability, and one of the …
KwaZulu Natal, South Africa’s Best Kept Secret
South African Housing Market Today Over the past three years, the KwaZulu Natal property market has enjoyed unparalleled growth, outperforming other provinces as an investment destination. And yet, it is still considered one of the best-kept secrets in the country. According to the Pam Golding Residential Property Index, South Africa’s house price inflation continues to rebound, rising from a low of 2.5% in April 2019 to 4.1% …
An overview of the Ghana Real Estate Agency Act
Inside the Real Estate Agency Act Under the law, it is only a person licensed as a real estate broker who can provide services associated with real estate transactions. Therefore, any person who performs real estate services without a license commits an offence. The persons who are eligible to be issued with the license are: a. individuals who have passed an examination conducted by …
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