The Different Types of Property Tenure in Ghana - Explained

Find out how you can own a property in Ghana, understand the different types of land tenure and determine whether it is best for you to own or lease your property.

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The Different Types of Property Tenure in Ghana - Explained

Tenure is a legal term that is used to describe the ownership of land. In Ghana, there are many different types of tenures that are currently in use.

This article will be examining the various tenures and their unique characteristics.

The first type of tenure we will be examining is Freehold Tenure. This type of tenure provides a perpetual right to use and enjoy the property, with an absolute right over the property which cannot be taken away by any third party or government agency. The second type of tenure we will be discussing is Leasehold Tenure. This type of tenure gives a person the right to occupy and use land for a fixed period, after which they must vacate upon the expiry date on the lease agreement. The third type of tenure we will be looking at is Easement Tenure. With this type of tenure, one party can lawfully access another’s land for some specific purpose (such as driving across someone’s lawn). The fourth

 

What is Tenure and Why Does it Matter?

Tenure is a legal term that is used to describe the ownership of land. In Ghana, there are many different types of tenures that are currently in use.

This article will be examining the various tenures and their unique characteristics.

The first type of tenure we will be examining is Freehold Tenure. This type of tenure provides a perpetual right to use and enjoy the property, with an absolute right over the property which cannot be taken away by any third party or government agency. The second type of tenure we will be discussing is Leasehold Tenure. This type of tenure gives a person the right to occupy and use land for a fixed period, after which they must vacate upon the expiry date on the lease agreement. The third type of tenure we will be looking at is Easement Tenure. With this type of tenure, one party can lawfully access another’s land for some specific purpose (such as driving across someone’s lawn). The fourth

 

Freehold Tenure

Freehold Tenure is a type of tenure which provides the holder of the land with an absolute right over the property. This type of tenure cannot be taken away by any third party or government agency. The most notable characteristic of freehold tenure is that it lasts indefinitely and cannot be terminated.

 

Leasehold Tenure

Leasehold Tenure is a type of tenure that gives a person the right to occupy and use land for a fixed period, after which they must vacate upon the expiry date on the lease agreement.

It is important to note that this type of tenure does not give absolute ownership over the property in question. Rather, it provides a right to use and enjoy the property with an absolute right over the property which cannot be taken away by any third party or government agency.

In Ghana, this type of tenure is typically used for residential purposes- meaning that people can buy or rent houses on short-term leases. The starting fee for a leasehold tenure is GHC 350 and there’s an additional GHc 250 registration fee per annum.

For more information about leasehold tenures in Ghana, please visit: http://www.ghanalandlaw.org/leasehold-tenure/

 

Easement Tenure

With this type of tenure, one party can lawfully access another’s land for some specific purpose (such as driving across someone’s lawn). The fifth type of tenure we will be discussing is Life Tenure. This form of tenure provides a person with the right to occupy and use land, with such tenancy terminating on their death.

The sixth and final type of tenure we will be looking into is Life Tenure. This form of tenure provides a person with the right to occupy and use land, with such tenancy terminating on their death. The first five types of tenures are present in Ghana and they all have their own unique characteristics which make them different from the others.

 

How does it work?

This type of tenure is called Conditional Freehold Tenure. This type of tenure gives the buyer the right to enjoy the property for a specified period of time, after which he will have the option to either renew his ownership or purchase the property outright. The final type of tenure we will be looking at is Co-Ownership. With this type of tenure, two or more parties own and share a property in equal shares.

 

What are the benefits of this tenure?

The benefits of leasehold tenure are that it is temporary, which means the landowner can sell the property or change the use of it without any restrictions. This is also a very popular type of tenure in Ghana because it allows people to take out mortgages and then buy property. Leasehold tenures are not permitted in some countries, such as Ireland for example. The fifth type of tenure we will be looking at is Conditional Freehold Tenure. This type of tenure provides an absolute right over land which cannot be taken away by any third party or government agency, but only for as long as certain conditions are met. The sixth and final type is Periodic Leasehold Tenure, which gives a person the right to occupy and use land for a fixed period - after which they must vacate upon the expiry date on the lease agreement.

 

What are the drawbacks of this tenure?

The disadvantages of Easement Tenure are that the landowner can revoke access to the property at any time. The fifth type of tenure we will be discussing is Mortgage Tenure. This type of tenure gives the right to a lender to take possession of the property if the borrower fails to meet their obligations, such as making repayments on time. The sixth and final type of tenure we will be examining is Licence Tenure. With this type of tenure, one party has certain rights over another’s property for a specific purpose (such as a restaurant having an alcohol licence).

 

Conclusion

There are many types of property tenures in Ghana and understanding the different types and their uses can help you find the best type for your property.

Freehold tenures are for people who intend to live on the land for a long time. Leasehold tenures are for people who intend to use the land for a short time, for example, for a business. Easement tenures are for people who want to use the land for a specific purpose such as farming, hunting or fishing. No matter what you want to do with your land, understanding the different types of tenure options is the first step in finding the one that’s right for you.