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DR. MRS. MAGARET IVY AMOAKOHENE
V.
MAXWEL KOFI AMOAKOHENE

(2016) JELR 107335 (HC)

High Court 13 Jan 2016 Ghana
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- The case involves a dispute over the valuation of a property. - The Land Valuation Division of the Lands Commission determined the market value of the property to be GH¢560,300.00 and the Forced Sale Value to be GH¢420,225.00. - The Respo

Case Details

Suit Number:TMISC/22/13
Judges:DENNIS ADJEI
Counsel:Dr. Aristotle Kotey holding Ayikoi Otu. Esq brief for the Petitioner S. K. Amoah Esq for the Respondent

J U D G M E N T

I have heard both parties and also read the respective addresses on the valuation report filed by the parties. The valuation report prepared and issued on by the Land Valuation Division of the Lands Commission fixed the market value for the property at GH¢560,300,00 and the Forced Sale Value of the subject property at GH¢420,225.00.

Counsel for Respondent has informed the court to take into consideration a loan of GH¢30,000.00 taken by the Respondent to as a mortgage to support the construction of the house.

From the Land Certificate attached to the Valuation Report, the property was registered in the joint names of the parties herein on 11th November, 1996 and registered on 12th June, 2003. The Petitioner is disputing the loan or the mortgage taken by the Respondent in 2008. I am of the considered opinion that the property was registered in the joint names of the parties as far back as 12th June, 2003 and any mortgage on the property should be taken in the join…

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