International Property Buying Process

Step 1: Obtain an updated Real Estate Certificate from the Land Registry
Completion Time Frame: 1 day
Completion Costs: LBP 10,000
Points to Note:
Parties obtain an updated Real Estate Certificate from the Land Registry which is at the same time an evidence of title, a description of the property and a non-encumbrance certificate.

Step 2: Obtain an official cadastral [...]

Filed under: Lebanon | No Comments »

Step 1: Verification of title
Completion Time Frame: 1 day
Completion Costs: LVL 2.36
Points to Note:
The buyer should request from the seller or from the Land Register website an updated extract from the relevant folio of the Land Registry, which allows the buyer to verify the title of the seller and the legal rights attached to the [...]

Filed under: Latvia | No Comments »

Step 1: Notarization of sale-purchase agreement
Completion Time Frame: 2-3 days
Completion Costs: LAK 186,998 + 1,000 per page (assuming 5 pages)
Points to Note:
The signed sale-purchase agreement must be certified by the notary, at the village level, to attest that the land use right has been acquired by transfer. This document will constitute the Land acquisition certificate [...]

Filed under: Lao PDR | No Comments »

Step 1: The seller obtains a Registration Certificate from the Gosregister (Land Registry)
Completion Time Frame: 1 day
Completion Costs: KZS 150 (regular) or KZS 300 (expedited)
Points to Note:
The buyer should request the seller to provide him with the Registration Certificate evidencing his rights to the property. This Certificate indicates the owner of the property and provides [...]

Filed under: Kyrgyz Republic | No Comments »

Step 1: Request a cadastral and borders sheet from the Municipality
Completion Time Frame: 1 day (simultaneous with Steps 2, 3, 4, and 5)
Completion Costs: KD 5
Points to Note:
The seller must request a cadastral and borders sheet of the property from the Municipality, indicating the borders and parameters of the property and that the property complies [...]

Filed under: Kuwait | No Comments »

Step 1: Parties must obtain their commercial registry extracts and the registry extract of the concerned land and building from the commercial registry
Completion Time Frame: 1 day
Completion Costs: KW 4000
Points to Note:
The buyer obtains a certificate of its registered corporate seal issued by the commercial registry office (KW 1000). The buyer obtains its commercial registry [...]

Filed under: Korea | No Comments »

Step 1: Acquire proof of previous ownership and claims at the Land Court
Completion Time Frame: 1 day
Completion Costs: no cost
Points to Note:

Step 2: Property is mapped and any changes made on the property are considered for tax calculation
Completion Time Frame: 38 days
Completion Costs: US$ 30
Points to Note:
Normally when land is transferred, that land is given [...]

Filed under: Kiribati | No Comments »

Step 1: Get pin number from Kenyan Revenue Authority
Completion Time Frame: 1 day (simultaneous with Step 2)
Completion Costs: no cost
Points to Note:
The Personal Identification Number is used for tax purposes

Step 2: Carry out search of title at the Land Office
Completion Time Frame: 3 days (simultaneous with Step 1)
Completion Costs: KES 250
Points to Note:
In respect of [...]

Filed under: Kenya | No Comments »

Step 1: The documents must be stamped at the Internal Revenue Commission
Completion Time Frame: 14 days
Completion Costs: 5% of property value
Points to Note:
Once the documents have been duly executed and exchanged then taxes for registering the property are paid at the Internal Revenue Commission. The seller already has the original deed as a proof of [...]

Filed under: Papua New Guinea | No Comments »

Step 1: Obtain a non-encumbrance certificate at the Public Registry Office
Completion Time Frame: 2-3 days (simultaneous with procedure 2)
Completion Costs: $30
Points to Note:
Parties obtain a certificate of non-mortgage and non-litigation before starting the transaction. This certificate is obtained at the Public Registry Office.

Step 2: Obtain a certificate of good standing from the General Cadastral Office
Completion [...]

Filed under: Panama | No Comments »