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Surveying & Built Environment Vol. 22 Issue 1 (December 2012)

Surveying & Built Environment Vol. 22 Issue 1 (December 2012)

Surveying & Built Environment Vol. 22 Issue 1 (December 2012)

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egistry has an interest to ensure that<br />

the value of the interest in land which is<br />

to be registered is accurate, because its<br />

fee schedule is dependent on the value<br />

<strong>Surveying</strong> and <strong>Built</strong> <strong>Environment</strong> <strong>Vol</strong> <strong>22</strong>, 37-60 Nov <strong>2012</strong> ISSN 1816-9554<br />

Land Value (¢)* Registration Fees for first time applicants (¢)<br />

40 million <strong>22</strong>2,000<br />

Above 50 million 290,000<br />

100 million 425,000<br />

150 million 590,000<br />

Above 150 million 6<strong>22</strong>,000<br />

200 million 755,333<br />

250 million 9<strong>22</strong>,000<br />

300 million 1,089,000<br />

400 million 1,4<strong>22</strong>,000<br />

500 million 1,756,000<br />

600 million 2,089,000<br />

700 million 2,4<strong>22</strong>,000<br />

Table 1: Land valued in the millions and corresponding registration fees, 2007<br />

Source: Land Title Registry, Ghana, 2007, pp. 8-9<br />

*Cedi (¢) is the national currency of Ghana in the ‘old’ denomination. The ‘new Ghana cedis’ is written<br />

as GH¢. ‘Old’, as a descriptor, is used because the Bank of Ghana has recently redenominated the<br />

currency. The relationship between the old and new denomination approximates ¢ 1,000,000 = GH¢100<br />

= $ 0.7 (see Bawumiah, 2010, pp.150-160 for more detailed discussion about the redenomination of the<br />

Ghanaian currency).<br />

These sources of data notwithstanding,<br />

information about land in Ghana is<br />

sparse. One reason for this state of<br />

affairs is that only few transactions<br />

in land are registered. Even in Accra,<br />

the capital city, between the 1981<br />

and 2001, only 11,382 transactions<br />

were registered (Abusah, 2004, p.44),<br />

although there were over 55,000<br />

land transactions around this time.<br />

In 2008, Obeng-Dapaah (2008), a<br />

of land. Table 1 gives a breakdown of<br />

registration fees and corresponding land<br />

values.<br />

former Minster of Lands and Forestry,<br />

announced that, in Ghana as a whole,<br />

only 11,460 documents had been<br />

registered since 2005 (Obeng-Dapaah,<br />

2008). What about getting data from<br />

other land sector agencies? Apart from<br />

other long bureaucracy valuers would<br />

have to go though to obtain information<br />

from the land sector agencies 3 (LSAs)<br />

in Ghana, Anim-Odame and his<br />

colleagues (2009) reveal that the LSAs<br />

3<br />

In Ghana, these agencies are collectively called ‘New Lands Commission’, which excludes the Office of<br />

the Administrator of Stool Lands (OASL).<br />

SBE<br />

41

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