REALWorld Law

Sale and purchase

Effective transfer of ownership

How is a lawful and proper transfer of title to real estate to a purchaser effected?



The transfer of title and interests in real property is required by law to be in writing and by deed duly executed by the parties. The parties to the transfer transaction are required to fill and sign the relevant forms of application for consent of the Governor to alienate the interests in real property along with a formal application for registration of the interests.

The payments of applicable statutory transaction taxes and transfer fees such as Capital Gains Tax, Stamp Duty, Consent and Registration fee and other outstanding land charges are required for the registration of the transfer Deeds to lawfully vest title in the real property to the purchaser.