How is the freehold title transferred to a possessor of industrial land?

A person who has acquired possession of Granted Land through a sale by a Beneficiary can request the transfer of the freehold title to themselves. This request is granted without restrictions on the land's use or exploitation. To complete the transf…

The full explanation

A person who has acquired possession of Granted Land through a sale by a Beneficiary can request the transfer of the freehold title to themselves. This request is granted without restrictions on the land's use or exploitation. To complete the transfer, the DLD must verify the validity of the acquisition and ensure the applicant has paid a transfer fee of fifty percent (50%) of the market value. This allows possessors of industrial or commercial land to secure permanent ownership rights through the register.

This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.

Ali Faizan Syed’s knowledge centre

Ask Ali about this question · Explore published properties · Browse all questions