This form is a Release and Cancellation of Trust Agreement / Trust Indenture. All liens and encumberances created thereby are certified to be satisfied and released. Adapt to fit your circumstances.
Indenture For Land In Ghana In Hillsborough
Category:
State:
Multi-State
County:
Hillsborough
Control #:
US-00195
Format:
Word;
Rich Text
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FAQ
A Land Title Certificate in Ghana is a crucial document in real estate transactions. It serves as the primary evidence of ownership of a piece of land.
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.
The indenture must contain a site plan showing the precise location of the land and bear the name of the owner. The name in the indenture must be the same as the name on the site plan; The document must also state the commencement date of the transaction and the term of the transaction For example 99yrs, 45yrs, etc.
DEED REGISTRATION – Lands Commission.
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.
An indenture, signed at the closing of the issuance of the notes, is a contract between the issuer of the notes, any guarantors of the debt and the trustee.
The indenture must contain a site plan showing the precise location of the land and bear the name of the owner. The name in the indenture must be the same as the name on the site plan; The document must also state the commencement date of the transaction and the term of the transaction For example 99yrs, 45yrs, etc.
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My advise : Go to the lands commission and get a surveyor to go and plot the property and do a search at the Lands commission for you. More so, just like the contract agreement, the indenture must also describe the precise location of the land and its size.What is a Land Indenture? A land indenture is a legal document that formalizes the transfer of property ownership between two parties.