25/12/2024
Legal practitioner and property investment expert Alex K. Osei-Owusu advised individuals to seek legal consultation before acquiring properties, particularly in real estate development, to avoid potential litigation.
Mr Osei-Owusu has led a team of real estate developers, insurance companies, and financial institutions to assist diaspora communities interested in acquiring and investing in property in Ghana.
According to him, “Litigation is expensive everywhere in the world. Apart from the financial cost, it also involves emotional strain and wasted time. We always go by the saying: 'Prevent litigation rather than resolve it.' Our advice is that, before buying any land or property anywhere in the world, you should speak to a lawyer. Real estate transactions can be complicated due to the significant amounts involved, so it’s always best to get legal advice. A lawyer can guide you, providing a checklist of what to do and avoid, which can prevent or resolve potential litigation.”
