Guinea

Registering Property in

Guinea

Listed below is a detailed summary of the steps, time and cost involved in registering property, assuming a standardized case of an entrepreneur who wants to purchase land and a building that is already registered and free of title dispute.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in June 2011.

  • Standard Property Transfer

  • Property Value: GNF 122,690,455.17
  • City: Conakry

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No. Procedure Time to Complete Associated Costs
1 Obtain a map indicating the extent and boundaries of the property

The seller must obtain and provide the buyer with the map indicating the extent and boundaries of the property.

Agency: Service Totographique 		14 days GNF 309,495
2 Confirm identity of land owner and a clear title at the Land Registry (“Bureau de la Conservation Foncière”)

The buyer writes to the director of the land registry to confirm that the seller of the property is indeed the true owner and that the title is clear and free of encumbrances. The director’s duty is to answer back and always comply with this requirement. In the rare case where the director does not answer the inquiry, the buyer can write to the tax authorities to check whether the property is encumbered by a lien or a mortgage, or write to other financial institutions.

Agency: Land Registry (Bureau de la Conservation Foncière) 		14 days GNF 20,000
3 Obtain tax clearance from tax authorities

The notary will request a tax clearance to check that there are no outstanding taxes.

Agency: Tax authorities (Direction National des Impots) 		10 days GNF 100,000
4 Sign the sale contract as written and witnessed by the notary

The law does not require that the contract be written or witnessed by a lawyer or a notary. It is however common for the director of the land registry to request that the sale contract be witnessed by a notary.
1 day From 1 to 10,000,000 of FG : 4.50% From 10,000,000 to 50,000,000 of FG: 3% From 50,000,001 to 150,000,000 of FG :2% From 150,000,001 to 300,000,000 of FG: 1% Above 300,000,000: 0.75%
5 Register the sale contract with the National Tax Authorities “Service des Impôts”

The parties should register the sale contract with the National Tax Authorities and pay their due tax (10% of the value of the property). There is no internal procedure or requirements to prove that the stated value of the land is indeed genuine or authentic.

Agency: National Tax Authorities (Service des Impôts) 		5 days 10% of the property value
6 Transfer the final ownership with the Land Registry (“Bureau de la Conservation Foncière”)

The Director of the Land Registry will only ask to see the notarized sale agreement and the map stating the boundaries of the property. It is a requirement by law that the director effectively transfers the property to the seller after a 10 days maximum since the demand was presented. The law considers the silence of the administration after this delay as a tacit consent.

Agency: Land Registry (Bureau de la Conservation Foncière) 		15 days 1.5% of the property value
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