Warning: Be Aware of These 7 Ghana Real Estate Laws

Ghana is a wonderful place to live. It is rich in culture, boasts beautiful beaches, and the people are unbelievable friendly. Not to mention the booming real estate opportunities. Before building a home in Ghana, however, it is important to be aware of the local real estate laws; some are similar to other countries, others are vastly different. The purpose of the laws is to create economically and structurally safe developments throughout the country.

1. Clear Land Title

The first real estate law you should be aware of involves obtaining a clear land title. This can be a difficult and lengthy process. Failure to get a land title, however, can result in forfeiture of the property without monetary compensation. A land lawyer can help you research the land and prove that it is not part of a communal trust or sold to someone else.

2. Financing Requirements

In addition to a clear land title, most financial institutions require that applicants carry a valid life insurance policy to obtain a mortgage or construction loan--thus if you require a loan to build the house.

3. Building Permit

According to a survey from the Physical Planning Department of the Sekondi/Takoradi Metropolis, approximately 36 percent of the buildings in the area were built without permits, despite the legal requirements. The consequences of building without a permit can range from a monetary fine to complete demolition of the home by the government.

4. Emergency Precautions

By law, the home design must include emergency exits in the case of fire or flood. The builder is also required to include structural means in the plans to prevent fires.

5. Excavation Requirements

Environmental factors such as the depth of water tables and sub-soil drainage must be accounted for legally before excavation can begin.

6. Completion Time

The law also requires that builders meet certain timelines. For instance, the foundation and walls typically must be completed within 2 years from the date of land purchase. Timelines prevent incremental building, structural degradation and questions of rightful land ownership.

7. Building Materials

Certain materials can and cannot be used according to building laws in Ghana. This prevents harmful or toxic materials from being used, enhancing the quality of life for Ghanaians. It also ensures long-term structural soundness. A reputable builder such as Ghana Homes can help you select the best materials for your needs.

Do You Need a Builder or a Contractor in Ghana?

Let Ghana Homes build your dreams home at a price you can afford: a custom home that fits your style, on your own land or ours with these three simple steps:

1. Select and finalize a House Plan here (we can customize as needed)
2. Work with Ghana Homes to get a bill of quantity (pricing)
3. Sign a contract to secure price
4. Make the require down payment (or with a pay as you build plan)
5. We begin construction

Contact Ghana Homes today for a personal consultation.

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