Mortgages Act, 1972 N.R.C.D. 96
Section 2:
(1) A mortgage of immovable property is only capable of being effected in accordance with this Act, and a transaction which is in substance a mortgage of immovable property, whether expressed as a mortgage, charge, pledge of title documents, outright conveyance, trust for sale on condition, lease, hire-purchase, conditional sale, sale with right of repurchase or in any other manner is, for the purposes of the Act, a mortgage of immovable property and is governed by this Act.
(2) A customary loan transaction in respect of which a farmland is given as security for the loan shall be made in accordance with this Act.2(2)
Procedure to Follow
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Responsible Institution
28th February Road, Finance Drv, Accra
- Email: info@mofep.gov.gh
- Website: www.mofep.gov.gh
- GPS: GA-144-2024
- Telephone: +233 302 747 197
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