Questions On Land Law 2
Questions On Land Law 2
PROBLEM 3 (MOOT)
LAND FACTS:
Paul Wanyama bought land from the late Latima Mpagi, who is the executor and
sole beneficiary of the late Paul Mpagi. Latina Mpagi effected the sale
agreement and transfer to Paul Wanyama on 10/6/02. However, before
obtaining registration of the transfer, Paul Wanyama travelled to London for 2
months, on return of which he was shocked to learn of the death of Latina Mpagi.
The names of Latina Mpagi a certificate of title had also been replaced by those
of Ruth Mpagi, who was unknown to him.
In the facts, Latina Mpagi was the executor and the executor and the title
recognised him as such, showing he had completed the requirements of s.134
that’s to be registered as executor on the certificate. Latina thus had legal right
to transfer the land.
Sect. 270 Succession Act (old Law) further grants and executor powers to
dispose of the property of the deceased wholly or in part. As such Wanyama’s
acquisition of the land was valid.
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Matovu & 2 Ors v. Ssevir & Anor. [1979] HCB 174 it was held that a person
procures registration to defeat an unregistered interest of which he is proved to
have knowledge; then such person is guilty of fraud.
In the facts, the transfer b’tn Paul Wanyama and Latina had not yet been
registered, and Ruth had knowledge of the existence of this transfer from the
information given to her by the tenant on the land.
Hunt v. Luck [1902]1 Ch 28 William L.J. the purchaser had actual knowledge
that the rents from property were being paid to a 3 rd party by a tenant, in the
circumstances that would clearly show that the 3rd party had a right to the
property. The purchaser was deemed to have constructive notice to the rights of
the 3rd party.
John Katalikawe v. Katwiremes [1977] HCB 187 that fraud though not defined
in the RTA coves dishonest dealing in land as depriving a purchaser for value in
occupation of the land of his unregistered interest.
Ruth Mpagi’s actions were to deprive Paul Wanyama who bought the land from
Latina having his tenant in occupation of the land, b’se Paul Wanyama had not
yet registered his interest.
Sect. 64(1) RTA that fraud vitiates a registered title, even though ideally the
estate of the registered proprietor is paramount.
In the facts, though Ruth’s name is registered, her interest if any is vitiated by
fraud (if proved).
* The deceased’s estate was fully distributed. Sect. 272 Succession Act that an
execution has power to dispose of the property of the deceased either wholly or
in part.
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In the facts, Latina could transfer and sell the land as he had obtained under will.
Lysaght v. Edwards (1875-76)2 Ch. D 499. Jessel M.R. that the moment
you have a valid contract for sale, the vendor becomes in equity a trustee for
the purchaser of the estate sold and the beneficial ownership passes to the
purchaser, the vendor having a right to the purchase money, a charge or lieu
on the estate for the security of that purchase money and a right to retain
possession of the estate until purchase money is paid.
- Jessel Mr. Defined a valid contract to mean a contract sufficient in form and
substance when there is no grand whatever for setting it aside as btn the
vendor and purchaser; binding on both parties.
* Ismail Jaffer Alibhai & Ors v Wandaial Hajram Karia & Anor. S.C.C.A.
53/95
The legal title remains with the vendor until transfer is effected. The equitable
title which passes to the purchaser is considered to be superior to the vendor’s
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Paul Wanyama obtained good title, equitable in nature, which according to sect.
92(2) RTA upon registration shall pass to Paul Wanyama.
The capacity in which Latina acted to sell the property.
S.179 S.A the executor of a deceased person is his legal representative for all
purposes and all the property of the deceased vests in him as such.
S.26 S.A the personal rep. holds all the ppty in an intestate estate in trust for
those persons entitled to the ppty.
The general principle therefore is that on death of the personal ref: a grant of
letters of administration, terminates, according to A.R Mellows “The law of
Succession 3 rd Ed. Butterworths, London 1977 at 376. That “upon the death of
administration, the letters of admin. lapse or terminate and all the rights he had
as an administrator came to an end.”
- P.V. Baker “Megarry & manual on the law of Real Property 4th Ed. Steven and
Sons Ltd last surviving administrator does without completing the
administrative of the estate, the application must be made for a grant of
administration “debouis non administratis” which is a grant in respect of the
goods left unadministered.
- In A.R. mellows (Supra) at Pg. 340-2 says that a grant of debouis administratis
is made where:
a) A previous grant of letters of admin. has been made to the deceased’s
estate
b) The sole or last surviving administrator has died, leaving no remaining
personal representative.
c) Without completing the admin. of the estate or part of the estate.
- S. 201 S.A that admin is granted to the person entitled to the greatest portion
of the estate under s.28 S.A – The customary heir 1%
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- Wives 15%
- Dependant relatives 9%
- Lineal Descendants 75% of whole ppty.
A.R. mellows (supra) also set out the order of priority to grant of admin.
1. Surviving space
2. Children of the deceased
3. Father and mother of the deceased
4. Bros. & Sist. Of the whole and half blood
5. Grand parents
6. Uncles and Aunts
Forum
- Sect. 98(7) (old land Act)
- Sect. 185 RTA (old)
LAND TRANSACTIONS
1/6/Dec.
Prob. No. 1
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Brief Facts:
Legal Issues
1. Whether Joseph Nsubuga was properly registered as proprietor of land.
2. Whether Harriet Nansubuga acquired good title to the land
3. What remedies are available to Betty Nanyalo
4. What’s the appropriate forum, procedure and documents?
Law applicable:
- R.T.A. Cap. 230
- Cpa Cap. 71
- CPR S.1 65-3 as ammended by S.I 26/98
- The evidence Act Cao. 6
- The Judicature Act Cap. 13
- Case Law
Resolution
- Sect. 176(C) R.T.A protects the registered proprietor of land against any
actions of ejectment except in cases of fraud.
- Sect. 77 RTA Any Certificate of title in the Register book procured or made by
fraud shall be void as against all parties or privies to such fraud.
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In David Ssejaaka v. Rebecca Musoke C.A No. 12/98 that fraud must be
attributable either directly or by necessary implication to the transferee e.g the
transferee must be guilty of some fraudulent act by somebody else or by yourself
and taken advantage of it.
* Edward Musisi v. Grindlays Bank (U) Ltd. HCB 39. Masika C.J.
A person who becomes a registered proprietor through fraudulently act by
himself or to which he is a party or with full knowledge of the fraud so as to not to
be a bonafide purchaser of value “is the person registered as a proprietor of such
land through fraud” within the meaning of section 185 (17((b) of RTA.
Issue II
Sect. 92(1) of RTA states that a registered proprietor can transfer his interest in
land upon consideration but where consideration does not consist of money, then
the consideration must be concisely stated.
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Wormald v. Maritland (1866) 35 L.J. Ch. 69. That value must not be confused
with consideration. There are many forms of consideration that are not money
e.g. Natural love and affection. Thus marriage can also suffice as valuable
consideration.
Daniel Sempa Mbabazi v. Kidza & Ors. [1985] HCB 46 Odoki J. A bonafide
purchaser of a legal estate for valate without notice has an absolute, unqualified
and answerable defence against the claims of any prior equitable owner. The
onus of proof lies on the person setting it up. It is a single plea and is not
sufficiently made out by proving purchase for value and leaving it to the plaintiff to
prove notice if he can.
* Hannington Njuki v. William Nyansi Musisi HCCS No. 434/98. That for a
person to rely on the principle of DFP for value without notice of fraud for
protection, he must prove to court that:
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a) he holds the certificate of title issued under the RTA in respect of the same
property.
b) That he purchased the suit property in good faith and without any
knowledge of fraud on the part of the vendor
c) That the vendor from whom he derived title to the suit properly was
formerly registered as proprietor of the same. Thus, if the defendant has
proved the above on the balance of probability, the burden of proof shifts
to the plaintiff to strictly prove beyond a mere balance of probability, that
the def. Himself was guilty of same fraudulent act or had knowledge of the
fraud on the part of the vendor from whom he derived title.
Makerere University v. St. Mark Education Centre H.C.C.S. No. 378/ That the
person who gets registered fraudulently can pass good title if the person
purchasing it is not party to the fraud.
Issue III
Remedies
* Compensation
Sect. 178 R.T.A. that compensation can be paid to a person who has been
deprived of land as a result of fraud.
The original owner of land must be proceeding against the fraudster and not the
BFP.
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* Concellation of title
Sect. 177 RTA that the High Court may order the Registrar to cancel any
certificate of title or instrument or any entry upon recovery of land.
* Damages from Registrar (Gov’t)
Sect. 185(1) RTA that the person who was not a party or privy to any fraud ie
registration of the title may seek damages from the gov’t for the acts of the
Registrar of Titles – bring an action against the gov’t
* for recovery of damages.
- Compensation from registrar
Sect. 186 (1) RTA
That the person who has sustained loss or damage may claim compensation
from the Registrar before instituting proceedings against the gov’t.
N.B.
- BPFV does not include the recipient of a gift. The value must be that which is
protected or known to the eyes of the law.
- The principle here would be that the transferor has lost nothing.
- However if the transferee receives a gift from a BPFV, he still has an absolute
interest when registered because a BPFU can pass title by giving away his
land as a gift.
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FORUM:
- Sect. 189 RTA – High Court
Documents:
Notice of intention to sue
Plaint
Summary of evidence
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3 – 9 November
- Torren System
- Features of certificate of title
- Preliminary steps involved before buy/sells land
- Sect. 39 L.A restrictions to disposal of land i.e conditions
- 2
- consequences of failure to obtain consent
- remedies where consent is held
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The name of a co. is not relevant but a qtn. Of law – sect. 30 of Land Act.
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27/1/Nov.
JUDICIAL CONDUCT
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3. Backlodg of cases – the def’s with to put strict proof of the allegation and
buying of time – adjournments.
- Time in a lot of time wasted.
Other methods:
- mediation
- concilation
- arbitration
- pre-trial conference
- negotiations
- advisory opinion
Mediation – neutral 3rd party (mediator) helps the disputing parties for the
resolution that
can work best for them.
- mediator must have no interest
- resolution must be the best for both parties
- facilitaties the parties to communicate with each other constructive.
- Courts have mediators (other jurisdiction qualified in different expertise.
- In Uganda, it’s compulsory in
1. Commercial courts – S.I No. 71/2003 i.e commercial court division (pilot
project) Rules
- Rule 7(1) every action must indicate that they have tried the mediation and no
party should opt out of the mediation.
- No appeal sh’d be entertained when there is an order for mediation.
- C.A.D.R. – rule 12
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BENEFITS:
- Faster and saves time
- Saves money
- Accessible by all parties
- Informal, mental and completely confidential
- Chance to get the solution that fits your interests
- Prob-solving and improves communication btn both parties.
- There is also time framework to do it expeditiously.
- Identification of interests and issues.
- Mediator doesn’t indicate the best solution
- Select the durable solution.
Conciliation:
- A 3rd party creates communication b’tn two parties who are unwilling to
talk to each other.
Arbitration:
- it is a dispute resolution involving a mutually acceptable 3 rd party making a
decision on the merits of the case after the informal hearing wk usually
includes evidence and oral arguments.
- No technical rules of admissibility
- Act No. 7 2000 makes it mandatory to go for arbitration once there is a clause
in the agreements.
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Pre-trial conference
- it is informal dialogue b’tn judge & counsel
- aimed at focussing with issued for trial, obtaining agreements for evidence,
refining cases to presented for trial and providing an assessment of the
dispute by the judge – s.I No.26/98 – talks about the pre-trial conference.
- The judge may show the strength and weakness of the case.
- If it goes for trial, then the judge will not hear the case – impartiality.
Negotiation:
Process of communication, direct or indirect, whereby the parties with opposing
interests discuss without resort to arbitration or other judicial process the dispute
b’tn them and finally resolve them.
Advisory opinion:
- Non-binding but objective assessment of the relative strength of the opposing
position and the probable out come of the case if it was to go for trial.
- It is rendered by a neutral 3 rd party.
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LAND TRANSACTIONS WK 12
8TH – 13 DEC.
FOLLOWUP
- Be more conversant with the meaning of fraud
- Look at the cases which have defined fraud
- Whenever there’s fraud, there is an innocent party who loses out.
- The proprietor offer may or may not be innocent
- Fraud must be attributable to person whose interest is being registered. It’s
b’se the RTA provide the concept of Bona fide purchase for value.
- You must define what amounts to valuable considerations.
- Land transfer can be gift, inheritance or purchase (old sect.. 91(1) of RTA.
- Bonafide pur value without actual notice, his title can’t be impeached, what
happens to the previous registered proprietor (remedy) – sect. 178. RTA
compensation from the fraudster.
- You must determine the acts of dishonest by relating to the facts.
Assets Co’s case ie fraud means actual fraud
Is it the law title acquired by gift, that his title is impeachable – sect. 176(c) RTA,
interpret it carefully. It all depends on the facts of each case.
- A person who’s a transferee from a person registered proprietor and has not
supplied value or has a notice of fraud.
- Both conditions must be fulfilled i.e no valuable consideration and had notice
of fraud expressly or necessary implication.
- If you had no notice of fraud, and received land without consideration then
that’s fraud.
- Wilkes v. spooner’s case – what constitutes a BFP for value
- What is the standard of proof?
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Effects of gift
Rugamba v. Bwambale HCCS 59/92
Byamugisha J.: It must be the purchaser to be protected where there is fraud.
- Any transaction which is intended to deprive of gov’t of revenue is an illgality
and amounts to fraud.
Katende v. Musa [1975] HCB 241 and procedure of summoning the caveator to
show cause why his caveat sh’d not be lifted
i.e proceed by notice of motion – court – when the person does not intended to
go to court, can apply to Registrar to remove a caveat or lodge a dealing in land
that can’t be removed.
- Reg. gives a notice to cavetor that the caveat shall be removed after the
expiration of 60 days. Unless the caveator delays the removal – court order
(notice of motion) within 60 days.
File a suit seeking remedies to wk the caveat was lodged and interim apply to
court for an order delaying the removal of caveat i.e like – temporary injunction.
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- The applicant must indemnify any party who would be affected by the delay in
removal of caveat – (undertaking)
Sect. 140 (2) and (3) of RTA What amounts to notice? Refer to case law
Can interest which is not unregistered affect registration, Katalikawe v.
Katweiremu in equitable interest
- Sect. 136 RTA except in cases of fraud, the person taking title from reg.
proper. Has no obligation to inquire and be affected by an notice, or unreq.
Interest or any rule of law.
* Where there’s a bal. Unpaid, you go to court for declaration to pay to court.
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REPUBLIC OF UGANDA
REGISTRATION OF TITLES ACT
TRANSFER
I peter Okoth of P.O. Box 91 K’la, being the registered proprietor of land
comprised in mailo Register kyadondo block 244 Plot 12 Muyenga measuring
0.50 an Acre – consideration of Ug. shillings 450,000,000 paid to me by Charles
Amoti be4 the execution of this, presents whereof, I do hereby acknowledge, DO
HEREBY transfer the said land to Charles Muherenza to hold on to him for all my
interests and estate therein.
In presence of
1. …………………………………………..
2. ………………………………………….
In presence of
1. …………………………………….
2. ……………………………………
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v) Plot No.21
WITNESSES AS FOLLOWS:
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AND WHEREAS the VENDOR is desious of selling of the said land to the
PURCHASER is also lady and willing to buy the land from the VENDOR subject
to the terms hereinafter agreed;
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6. The professional fees for preparing the conveyance shall be borne by the
purchaser in addition to the VAT for preparing the lawyer’s papers.
IN WITNESS whereof the parties have hereunto set their respective hands on the
date above mentioned.
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KAMPALA
……………………………………
ADVOCATE
AFFIDAVIT
1. That on the 1st July 2004 this year I entered into a tenancy agreement with
my new landlord Peter Oloya to rent his house for 12 months at US $ 500
payable in advance in respect of his premises at the above location.
2. That on 28 th October, the said Phillip Okoth purported to sell, without my
knowledge the main house with the guest wing where I have been staying.
3. That as a result I stand to be thrown out without reasonable notice.
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4. That I be given time upto July 2005 when I shall have got alternatives
conveniently.
5. That I swear this affidavit in support may caveat on Block 244 plot 17 in
Muyenga (Kyadondo).
6. That what I have stated above is true to the best of my knowledge and
belief.
…………………………
DEPONENT
……………………………………….
COMMISSIONER FOR OATH
Drawn & Filed by;
Firm…….& Co. Advocates
P.O. Box 93
KAMPALA.
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- That the application for the extension of a caveat sh’d be treated in the same
way as an application for an injunction (interlocutory) and that what an
application must show is a prima facie case with a probability of success.
- That an application for extension of a caveat is substantially in the same
position as a court faced with an application for an interlocutory injunction. .
the result would be the same if the application is granted i.e temporary
protection.
Rugambwa Gabriel & Anor v. Bitn Bwambale & Anor. H.C.C.S. No. 359/92
Byamugisha J.
That the word purchase means to buy and there has to be an exchange of
money. In the case of land, acquisition from a registered proprietor can be by
purchase, inheritance and by a gift. A person cannot acquire land as a gift or
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through inheritance and seek protection under the section 91(1) (old) and was
intended to protect purchasers.
Held S.C. that the respondent could not be said to be a bonafide purchaser when
he knew that the app. was in occupation.
That the occupation was notice to the resp. upon which he should have made the
necessary inquiries.
Isaya Katende v. Musa Kaliri & Anor. [1975] HCB 341; H.C.C.S. No. 647/74
That 0.34 rr.1, 2 and 3 do not provide for discharge of caveats. The application
should be by notice of motion under 0.48 r.1.
In RE Joseph Muluta [1994-95] HCB 94; H.C. Misc. App. No. 500/95
- Held Sect. 149 (current 140(3)) of RTA clearly provides that a caveat cannot
be reviewed by or on behalf of the same person of the same estate or
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interest. However, under certain circumstances sect. 149(new 140) the court
may direct the Registrar to delay any dealings with the land for a period of
time, specified by court.
- These circumstances of giving an undertaking or security, or lodging a sum of
money considered to be sufficient by court to indemnify any person who may
be adversely affected by the court order, is a creation of statute, and court
may only act upon the application where these circumstances have been
complied.
David Aear & 3 Ors v. Alfred Aear – Aliro [1982] H.C.B. 60; H.C.C.A. No. 30
of 82
- That any person claiming any estate/interest in land which is being surveyed
with a view to being brought under the operation of the Reg. T.A must lodge a
caveat. The fact that the app. complained to the parish chief instead didn’t
absolve them from complying with the requirements of law bse ignorance of
the law is no defence.
- That since the app. did nothing as the land was being surveyed, the certificate
of title granted was conclusive evidence that the person named therein was
the proprietor
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Nyansio Kigoonya
Kanyabula
Mawokota
Mpigi District
Dear Sir,
I declare that the are no documents the land contains 60 acres or thereabouts
and is comprised on Kanyabulo, mawokota in Mpigi District.
Finally, that I am not aware of any encumbrance affecting that land or that any
other person has any estate or interest in the land in possession.
Yours faithfully,
Nyansio Kigoonya
THE APPLICANT
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LAND TRANSACTION
Legal issues:
- Whether David Muhwezi can get another title and if how? & Procedure
- Whether the registrar can cause another original certificate of title to be
issued & what is the procedure.
- What’s the forum & necessary documents
Law applicable:
- RTA Cap. 230
- Statutory
- Survey Act Cap. 232
Resolution:
- Sect. 70: - the Certificate must be lost, destroyed or obliterated
- Make a statutory declaration
- Setting out the circumstances under which it was destroyed & all the
incumbrances affecting the land.
- Register may issue the duplicate special.
- Sect. 38 RTA – Registrar issues only 2 copies i.e original or duplicate
certificate of title.
- Apply by ordinary letter supported by a statutory declaration
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- It’s the person having knowledge under which the title got last, destroyed or
obliterated swear the stat. Declar.
- The advocate can also apply.
- Special title will take precedent over the lost which is fraud in read sect. 70 –
reasons are given
- Stamp duty and (regn. Fees)
Documents
- Ordinary letter and attach a copy of duplicate title deed.
Sect. 71 RTA
Applied to incident where the registered proprietor is not co-operative
Part B.
Issues:
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1. What are the obligations of Reg. where the caveat has been lodged
2. What steps would the Reg. take to remove the caveat
3. What are the necessary documents
Resolution
- Sect. 140(1) R.T.A
- upon receipt of a caveat
- The Registrar may or may not give notice of the lodgemet of a caveat to the
reg. prop or any applicant who wishes to deal with the land. Busubwa’s case.
- The registrar cant deal with the land where there is a caveat i.e
Edward Musisi v. Grindlays Bank (U)
Steps Sect. 140 – The registrar is caused by a person who wants to deal with the
land caveated –issues a notice to the caveator
- Notice that the person has applied to remove your caveat
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* Mohamed
- Sect. 188 RTA – use of CPR
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- Mailo office has branches offices in different areas in mailo registration at K’la.
- Leasehold office – leasehold registrar
- freehold register
- trustees incorporation register
- condominium register
Certificate of title
There are features – be noticed
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2) Description of the land – location of the area, street, plot, county and size.
3) Proprietorship – establishes ownership – must be registered
REGISTRATION OF PROPRIETORSHIP
- Natural person - cos duly incorporated under the co. Act – Cooperative
society duty registered under the cooperative society’s Act – parastatal bodies
created by an act of parliament, gov’t agencies e.g local gov’t councils,
trustees under the Trustees Act.
- Trusts are not registered but its the trustees of such bodies e.g churches
- Gov’t (Uganda) ie. name of Uganda Land Commission to hold land on behalf
of Ug. gov’t.
- Foreign gov’t acquire land through their representatives (embassies)
- The diplomatic and consul Act.
- Two or more people are to be registered on the same piece of land i.e joint
owners – sect. 53 of RTA
- Specify the mode of ownership and the no of shares – if no specification then
joint tenancy/ownership is presumed
- Minors – can be registered and own land specify the period of minority i.e till
2004. * You need the order of court to deal with the minor’s land even if you
are the one who bought it.
* where a lease is concerned – it is a contract, you can’t involve minors. You
acquire the liase and transfer – to the minor - names
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6. Incumbrance page
It is a full page – can be caveat, mortgage, charge, lease, court order, warrant of
attachment.
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Types
1. Caveats 05.148 - forbidding registration – only in respect of and already
registered – 3 copies of caveats
- Unless its caveat by a person equitable interest, every
affidavit
must be accompanied by an affidavit and disclose the
interest.
A caveat lodged on behalf of a beneficiary does not expire even when notice is
issued.
It can only be removed voluntarily or through a settlement.
2. Sect. 22 of RTA – elapses after 30 days of lodgement and regn. Unless the
caveator proves to the registrar that he has instituted proceedings in court
and relating to land in qtn.
- To stop the land being brought under the operation of RTA relates mainly to
leaseholds. Also to mailo and freehold when there are subdivision and titles
are to be issued.
- Caveats issued by land registrator on behalf of the gov’t
3. Leases – are out of the former public land and also land controlled by land
commission can grant leases.
* - leases – mailo owner or any other person through free mkt forces.
* Mining leases – granted by ministry of water resources.
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6. Transfers
- proprietary rights to another.
- Forced transfer under court order and the person will go ahead to sell
- Sect. 167 – transfer by way of resting order – receiving money and then
abscond-out the jurisdiction before signing the transfer.
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11. Conciliation.
13. Sub-divisions.
- Apportioning the land into smaller pieces – mutation form is registered
operates only on mailo and freehold and not leasehold – for leasehold, the
consent of District land boards. Is required to control subdivision to ensure
physical planning of the area.
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Execution.
Sect. 122 of RTA. Every instrument must be properly attested ie. properly signed
and witnessed by competent witnesses.
- Advocates, licensed surveyors, civil servants, literate gombolola chiefs,
certified accountants, religious ministers – marriage celebrants, law clerk –
experience and certificate issued to him by reg. of title execution of
documents (outside Ug.)
Sect. 155 – notary publics
Mode of execution
- Signature
- Must be italics and not in print.
- Thumb print accompanied by a certificate of attestation.
Whenever there is adevergence from original signature – then certificate of
attestation.
- when a person dies before executing the instrument, you attach a death
certificate to application to dispense with the signature.
- Dated always.
- Cancellations should be avoided totally
Fees payable
* search fees – 10,000/=
- write an application to search – single one, description of the ppty.
* Registration fees – 10,000/= handling the document to expect the charge.
* Issuance of title – 20,000/=
* Issuance of special title – 15,000/= does not licence advertising in gazette
(75,000/=_
* Court orders (instrument registrable also) 20,000/=
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Vesting orders: when approved, gov’t valuer states the value of ppty, once
stated 10% of the value is levied (risk involved) when there is a mistake, that
money goes to assurance fund.
- Perusal fees – 5,000/= any instrument deriving validity from another
instrument which requires the reg. to peruse it to validate the instrument e.g
transferring land in company’s name, produce art. Of assn., memor of assn.,
to prove citizenship of co. and mode of execution. I.e perusing.
- Preparation of any document by reg. of titles e.g Deed of variation –
preparation fees 10,000/= in addition to perusal or search.
Duty (stamp duty) payable on land is 1% of the value of the land as stated by
gov’t valuer except mortgages which attracts ½ % or 0.5% of the value.
* Based on financial statute (Act) to encourage pple to access credit.
- Document wlc attracts stamp duty – standard duty of 5,000/=
* instruments wlc are not of any commercial nature e.g regn. Of an executor not
subject to economic stamp duty but to nominal duty or where executor is
transfering in the names of beneficiary(ies) = 5000/= as nominal duty.
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