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June 3, 2021

STAFF REPORTER

1 min read

LAA sues LHDA for M24Omillion

LAA sues LHDA for M24Omillion

The Lesotho Highland Water Project

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THE Land Administration Authority (LAA) has filed an application before the High Court in which it is suing the Lesotho Highlands Development Authority (LHDA) for failure to pay ground rent worth over M240million. .

In its papers filed this week, the LAA says despite several written demands, the LHDA has refused to pay its debt worth M240 265 097.38. 

Ground rent is described as an annual fee paid by the lease holder for the use and occupation of the land parcel. Each land parcel has its own individual ground rent written on the lease plot and all primary residential sites are not liable for paying the annual ground rent. However owners are encouraged to approach the LAA for exemption from ground rent.
 

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LAA was established to reduce land transaction costs and land transaction inefficiencies. It has assumed the functions of land administration including deeds registration and land survey and mapping from the previous department of Land Survey and Physical Planning (LSPP). LeNA

 

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