Transfer of charge application process involves conveying an
existing charge from one chargee to another. This process is initiated
by an advocate one who is registered on the Ardhisasa platform and has upgraded
their account. In this article we will guide you on step by step
on transfer of charge application.
1.
Log in to the platform as
an advocate using your credentials (ID and password).
2.
Click Continue after
entering your details.
3.
Receive a one-time password
(OTP) on your registered phone and enter it to log in.
4.
Navigate to the dashboard
and switch to the Advocate account.
Read : How
to upgrade account on Ardhisasa
5.
In the dashboard, find the
Ministry of Lands and Physical Planning section.
6.
Click on Land Registration
to access the application.
7.
The application page
displays tabs: Pending, Ongoing, Completed, Rejected, and Cancelled. The Pending tab shows applications awaiting
action. The Ongoing
tab lists applications being processed by the ministry. The Completed tab displays approved
applications. The Rejected
tab shows applications that were declined. The Cancelled tab lists applications cancelled by parties involved.
8.
Click on New Application in
the top right corner.
9.
Explore FAQs related to the
process.
10.
Click Next to proceed.
11.
Enter the property's parcel number (registry/block number).
12.
Add the charge entry number
from the register.
13.
Search for the chargor Ardhisasa ID and choose the executing person.
14.
Proceed with the chargor's and borrower's
details in a similar manner.
15.
Enter the Ardhisasa ID of the financial institution to which the charge is transferred.
16.
Select the person executing
the transferor's role (director, attorney, or appointed signatory).
Also
read: How
to Make a Discharge of Charge Application on Ardhisasa
17.
Enter the principal amount
of the charge and the outstanding balance.
18.
Provide the consideration
amount and principal conditions (if applicable).
19.
Fill in the details of the
law firm (optional) or link the application to a registered Law Firm.
20.
Upload the additional
Provisions document (PDF, PNG, or JPEG format).
21.
Add other relevant
documents if required.
22.
Review all details entered
on the application.
The
involved parties will receive notifications to verify and sign the application.
The OTP (one-time password) process will be followed to ensure consent and
authorization. The advocate must stay in communication with the parties during
this verification process.
Once
all parties have verified and signed the application, the advocate can append
their signature. The advocate or one of the involved parties will be required
to pay the stamp duty fee. An invoice will be generated, and payment can be
made through the available methods.
Very
important to read: Signing
Options on Ardhisasa
After
the payment is confirmed, the application will transition to the Land
Registration Department for processing and approval. All parties will receive
notifications regarding the registration of the transfer of charge.
For
enquiries, contact us on 0746 962239 or email [email protected] or visit Ardhi House, Off Ngong Rd: P.O.
Box 30450-00100, Nairobi, Kenya.
In case of
more information, keep visiting our website https://property254.co.ke/ or
call us on 0726982982 or on email through [email protected].
