Laweh University College has organised a short course on ‘Real Estate Law and Management’ to equip stakeholders within the industry with requisite knowledge to operate in it without having any legal problems.
This course is designed to help participants take the necessary precautions in acquiring, investing in, and managing land and landed properties in the country. The course will expose participants to relevant statutory provisions regarding real estate in the country.
The short course also focuses on discussing the efficient dispute resolution mechanisms and avenues available to parties seeking redress in real estate litigations.
Dean of the Law and Business Faculty at Laweh University College, Kaaka Dello-Ziem, speaking on what has necessitated introduction of the course indicated that the level of knowledge with regard to legalities within the real estate is very low; hence the need to bridge that gap through organising such trainings.
“This course aims to create awareness on the legal, financial and economic implications involved in the real estate industry. It draws participants’ attention to key matters they ought to take into account before executing real estate agreements,” he said.
According to him, providing the needed knowledge for stakeholders within the industry will go a long way to address most of the litigation cases which have heaped up in the courts.
He added that the universities spread across the country, both private and public, have not made available such courses on real estate law and management; but there’s need to make available a full curriculum that will delve deeper to help people within the sector operate effectively.
Mr. Dello-Ziem indicated that the 3-day programme is the maiden edition organised purposely for estate managers, bankers, lawyers, investors, students of the law among others – adding that the university looks forward to organising another one specifically for sales agents.
“Right after this one, there will be another for the real estate agents. They are the most-affected members because they play between the customer and developer; and because of lacking knowledge in the legal framework, they lose a certain percentage of money they deserve,” he noted.
President of Ghana Real Estate Developers Association (GREDA), Patrick Ebo Bonful – stressing the short course’s importance, stated that the property market is governed by laws; therefore, having no or little understanding about it can ruin a person’s investment in properties.
Seeing the programme’s importance to the real estate sector, Mr. Bonful stated that engagements have taken place with to organise additional workshops to continue increasing the understanding of stakeholders.
He commended Laweh University College for its good work, urging it to continue contributing greatly to the sector.