How Much Is Ground Rent In Uganda

How Much Is Ground Rent In Uganda

Ground rent is a rental agreement between a tenant and a landlord. The tenant would pay a fixed fee to the landlord either monthly or periodically. In return, the tenant would have the right to use a specific plot of land.

Ground Rent Price In Uganda

Ground rent is payable by “squatters” to “landlords” following the passing of the Land Act. Initially, squatters paid an annual fee of Ug.shs 1,000, however, the minister was given powers to determine how much would be paid. This year, the annual ground rent was adjusted to Ug.shs 50,000 for areas within the city, and Ug.shs 5000 for rural areas.

Who pays ground rent in Uganda?

The amendment to article 31 of the Land Act provides that a tenant must pay annual ground rent to the landlord as determined by district land boards.

How much does it cost to lease land in Uganda?

The expenses involved include 1% of the premium and ground rent paid to URA; registration costs USh 10,000; guarantee of title at USh 20,000; issuance of title at USh 20,000; and lease preparation at Shs20,000, all of which are paid at the ministry or district.

How do I lease farm land in Uganda?

You can get a lease from the government through its units and agencies such as KCCA, municipality or local council if you intend to use the land to construct commercial buildings; National Forest Authority, if you plan to have a forestry project; Uganda Wildlife Authority, for safari lodges.

How do I renew my land lease in Uganda?

Submit an Application letter addressed to the C.E.O Buganda Land Board, P.O BOX 14205,Kampala for an extension. Photocopy of the Certificate of Title for the expired lease. Photograph of the building/development on the plot for which you are seeking a lease extension at whatever stage it is to-day.