Land: OTR proceeds to delegation of signature to speed up processes and boost revenues

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Wednesday, 13 June 2018 19:45

Land: OTR proceeds to delegation of signature to speed up processes and boost revenues

(Togo First) - Togo’s Revenue Office (OTR) pursues reform implementation to improve fund mobilization.

After attaching the land conservation and cadaster to the tax office, OTR moved just another step forward. In a statement released June 7, 2018, the tax commissioner announced the delegation of his signature to Bali Komi, Head of the Land Conservation Department, regarding the issuance of any document related to post-registration operations.

This should accelerate processes and considerably shorten delays for property transfer, mortgaging, and any other transaction often undertaken by private investors.

It is part of various reforms implemented by the government, since the beginning of the year, to provide Togolese populations a more transparent service.

According to authorities, the delegation will also indirectly facilitate access to loans to the private sector which is a key component of Togo’s economy.

The delegation of signature concerns:

Full transfer
Mortgage registration
Mortgage cancellation
Provisional entry
Cancellation of provisional entries
Order for attachment for real property
Cancellation of order for attachment for real property
Duplicates
Additions of names
Amendment of names

Let it be recalled that to boost transparency, information on land titles and cadastral plans were made accessible, at no cost, to populations, on the DADC’s website.

Fiacre E. Kakpo

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