What do I need to know when buying property in Liberia?

When we asked expats what advice they would give a foreigner before buying a property in Liberia, they said...

"1. It is important to research the local laws and regulations regarding property ownership in Liberia before making any purchase. 2. It is also important to ensure that the property is free from any liens or encumbrances. 3. It is advisable to hire a local lawyer to assist with the purchase process and to ensure that all legal requirements are met. 4. It is important to obtain a title search to ensure that the property is legally owned by the seller. 5. It is also important to obtain a survey of the property to ensure that the boundaries are accurate and that there are no encroachments. 6. It is important to obtain a Certificate of Occupancy from the local government to ensure that the property is zoned for the intended use. 7. It is also important to obtain a Certificate of Good Standing from the Ministry of Lands, Mines and Energy to ensure that the property is not subject to any mining or mineral rights. 8. It is important to obtain a Certificate of Tax Clearance from the Ministry of Finance to ensure that all taxes and fees associated with the property have been paid. 9. It is also important to obtain a Certificate of Registration from the Ministry of Justice to ensure that the property is properly registered. 10. It is important to obtain a Certificate of Insurance from a local insurance company to ensure that the property is adequately insured," explained one expat living in Liberia.

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