Realtor John Sam Applauds Government for Bold Land Act, Says It Has Brought Confidence to Ghana’s Real Estate Market
The Chief Executive Officer of John Sam Realty, Mr. John Sam, has commended the Government of Ghana for what he described as a brave and timely intervention in the real estate sector through the enactment of the Land Act, 2020 (Act 1036). According to him, the law has helped sanitize the real estate industry by addressing long-standing issues that have hindered growth and discouraged potential investors.
In a recent statement, Mr. John Sam lauded the government for taking decisive steps to resolve what he referred to as one of the key challenges facing real estate developers and buyers the lack of transparency and security in land ownership and transactions. He emphasized that the implementation of the Land Act has brought renewed confidence to the market and sent a strong signal to both local and foreign investors that Ghana is serious about creating a safe and structured environment for property development.
The Land Act, 2020 (Act 1036), which was passed to consolidate and reform existing laws on land and land administration, introduces a number of critical reforms. These include the requirement for compulsory registration of all land interests, streamlining of the land acquisition process, and stronger legal backing against fraudulent land transactions. It also promotes the establishment of a single land registration system, and integrates customary land management into the formal legal framework ensuring that both traditional authorities and private landowners operate within a clearer and more enforceable legal structure.
Mr. Sam noted that these legal safeguards are critical to restoring trust in the system. For years, real estate investors in Ghana have had to navigate a complex and often risky terrain, plagued by double sales, disputes over boundaries, and inadequate documentation. The new Land Act, he said, provides the structure and enforcement tools needed to eliminate such problems.
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“The government has done what many before it couldn’t. This bold step has brought clarity and structure to the market, and we are already seeing the positive impact. Investor confidence is on the rise, and there is now a sense of assurance among buyers and developers,” he stated.
He further urged Ghanaians and the investor community to take advantage of the improved legal framework and consider real estate as a credible and profitable investment option. “Real estate is the real deal for investors today,” he added. “Now that the legal risks have been significantly reduced, it is the right time to explore the opportunities this sector offers.”
