Investing in lands and properties are one of the lucrative
ventures in Ghana. Notwithstanding the benefits of acquiring lands
and properties in Ghana, it has its own challenges. Due to
uncertainty in land ownership system in Ghana acquiring a land
which is clean, free from litigation and other encumbrances, can be
very daunting.
It is therefore imperative that the prospective buyer or
investor undertake proper due diligent to minimize the risk of
entering into fraudulent transaction.
CHECK IDENTITY AND THE CREDIBILITY OF THE SELLER
The first crucial point in land purchase is to check the
identity and the credibility of the seller. Ascertaining the
identity of the seller will ensure that you are dealing with the
right person. You can do so by inspecting and making copies of the
person Identity card (ID). The ID card presented must be one of the
recognized national ID cards. If the seller is a corporate body
ensure that the business is duly registered under
