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Register Property 

 

Land Ownership Transfer

If you intend to purchase a commercial property or private lot of land you may want to engage a lawyer to assist with all the necessary legal documentation and safeguard your business interests. 

If you are applying for a financing facility to fund the purchase, your bank will assign a lawyer to prepare the security documents.  

Step 1

Checking Encumbrances

A lawyer will conduct a land search and a bankruptcy search at the Lands Department to ensure that the property you intend to purchase is free of encumbrances before proceeding with the preparation of legal documents. (Sale and Purchase Agreement etc.)

1 Day (BND$1)

Step 2

Submit Application Online

Your lawyer will complete online application forms and submit Required Documents via LARIS (Land Application and Registration Information System). For land with buildings, Additional Valuation Documents will be submitted.

2 to 3 months

Step 3

Pay Stamp Duty Deposit and Sign Memorandum of Transfer

Vacant Land ﾠ ﾠ ﾠ ﾠ ﾠ- BND$250.00
Land with Building - BND$1000.00

Stamp duty can be paid at the Land Department counter. The Valuation Section will then calculate the full stamp duty amount. If the deposited amount is insufficient, the applicant will be notified via SMS to pay the remaining balance upon approval.

Must Be Done Within 3 - 21 Days After Submission Acknowledgement

Step 4

Sign Memorandum of Transfer

You can sign the Memorandum of Transfer (MOT) right after the payment of stamp duty deposit at the Land Department counter.

Must Be Done Within 3 - 21 Days After Submission Acknowledgement

Step 5

Pay Stamp Duty Balance (if any) and Collect the Title Deed

Upon approval from the Higher Authority, your lawyer will be notified via SMS to settle any remaining stamp duty balance and collect the Title Deed at the Lands Department.

Related Resources

For More Information

Icon Globe Required Documents for Land Transfer Transfer of Land Ownership Icon Globe Required Documents for Developed Land Transfer of land developed with buildings

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