John Sam
Chief Executive Officer (CEO) of John Sam Realty, John Sam, has lamented the persistent challenge which threatens to undermine efforts in encouraging diasporans to return and invest in the country’s real estate sector.
According to him, the complexity and risks surrounding land documentation is a major deterrent to real estate investors.
He cited recent reports of land disputes in Accra, with many buyers especially those from the diaspora falling victim to fraudulent transactions and unclear ownership claims.
“With the government urging Ghanaians abroad to live and invest locally, these unresolved land issues have become a source of frustration and financial loss,” he said.
Addressing the need for people to do their due diligence when acquiring properties, Mr. Sam, said “Many clients come to us disappointed because they did not fully understand the importance of land title certificates, cadastral plans, or properly stamped indentures.
These legal documents are not just bureaucratic requirements; they are essential safeguards that protect buyers from disputes and ensure that property rights are secure.”
He highlighted that a cadastral plan, an accurate, surveyor-prepared map defining a property’s boundaries is vital for registration and dispute prevention. Similarly, the indenture, a legal contract between seller and buyer, must be officially stamped and registered with the Lands Commission to be valid.
Mr. Sam indicated that these challenges are further compounded for diaspora buyers who often navigate these processes remotely, thereby increasing their vulnerability.
“Many Ghanaians abroad are excited to invest in their homeland, but without the right guidance, they risk purchasing land that has overlapping claims or incomplete documentation,” he said.
To help address these problems, he said John Sam Realty has developed comprehensive services that assist clients from start to finish.
“This includes on-site surveying, preparation of legal documents, verification of ownership at the Lands Commission, and assistance with the registration of land titles,” he added.
He further called on the government, its agencies and stakeholders to accelerate reforms in land administration, including digitizing records and simplifying registration procedures.
“While reforms are underway, buyers must be proactive. Engaging verified professionals and demanding proper documentation is the best way to avoid disappointment and secure investments,” he stated.
By Prince Fiifi Yorke