Selling Land - The Tips
Written by Steven J Martin
In our world today, owning a land is one of the best achievements you can ever make in life. It is one major step that guarantees you a glorious future during your retirement. However, in many countries of the world, people do sell their lands for one reason or the other. While some sell out their lands, others are in the business of purchasing them for keeps.
The act of selling a land has been an age long phenomenon. People in the past have their own local ways of selling their lands. However in the recent times, things have changed. We live in a world ruled by the law. Most countries today are operating through the principles of democracy. In such democratic settings there are certain laws governing the various aspects of life. When it comes to selling land, there are also the constitutional ways of going about it. There are proper land use decrees in most nations today.
Indeed, if you're interested in selling a land, there are some important tips to bear in mind. Discussed below are some of those tips to help stay out of troubles when you have made the decision to sell.
1. Put the Land's documents together
In selling land, documents are very vital. The very first document you have to get ready is the "certificate of occupancy". This document is very vital. It is the actual proof that you're the real owner of such lands. Usually the certificate of occupancy bears your name in bold prints. You must have to get this document in tact. In fact, the certificate of occupancy is the real land evidence you actually want to sell, without it, no insane person will ever come near to purchase the land. This document is what you'll actually transfer to the buyer once he or she agrees with your price. In some countries, there's another document known as "right of ownership". This is also in form of the certificate of occupancy; both of them do serve the same purpose.
2. Register with estate agents
One major strategy you need to engage in selling land is to register with estate agents around you. These estate agents are also known as estate surveyors. Their duty is normally to help you sell the land very speedily and in a good price. You can never sell your land on your own. You need the help of these people. In most cases, they usually end up selling the land for you to the highest bidder. However, the note of caution here is that you need to be very careful with the kind of agents you're employing. There are rogues and dupes out there. Never commit money or your certificate of occupancy to any agent until you're sure of the reality of the deal.
3. The Need for Witnesses
Selling land is not like selling any other ordinary property. Land is immovable and hence it could cause some fracas when sold in illegal manner. There's always the need for you to engage witnesses in selling your land. The first witness you need to engage is a lawyer. He or she has the duty of preparing the sales document for the land. Usually, there must be an agreement or pact between you and the buyer. Such a pact must be well written, typed and documented. In such a pact there must be a space for you and the buyer to sign. Again, you need to call in a 3rd party as your own witness while the buyer also comes with one.
In the final analysis, you need to do everything legally. Never rush into the deal of selling your land. Always think deeply before you go into the deal.
Article author
About the Author
Steven Martin is an experienced land purchaser and also provides a Quick Land Sale service. He works at http://selling-land.co.uk/
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