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Minerals and Mining (Ground Rent) Regulations, 2018

Ground rent payable
1. The  ground  rent  payable annually by a  mineral  right  holder  in respect of a cadastral unit of land  is as specified  in the Schedule.

Subject : Ground Rent  

Procedure to Follow


1. The ground rent is a fraction of the capital value of the land as determined by parties to a stool land transaction or as determined by OASL, where the parties to the transaction do not make any provision for ground rent.

2. The Office assesses ground rent based on the:
Location of the land;
Size of the land (i.e., acreage);
User, (i.e. use for which the land is be put e.g. residential, commercial, industrial, civic etc.); and
Classification of the area where the land is situate. (First Class, Second Class, Third Class etc).

3. The land values for the determination of the ground rent are obtained from the Land Valuation Division of the Lands Commission.

4. For residential property, rent is usually reviewed every five (5) years or in accordance with the agreement between the Parties; while non-residential users are normally reviewed every three (3) years, or in line with the agreement between the Parties.

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Responsible Institution


Minerals Commission

36 Second Cantonments Cl, Accra

Relevant Forms to Download

Not Available

Online System

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Fees/ charges

Not Avaiable


Map

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