What is the legal process of ownership transition?

[Good-Person]

Ownership transition could be a quite complex process. This is because transferring right and power could be a really difficult thing to do. You may need to hire a lawyer and you may need to undergo a lengthy process. So, do you think that this is the case in your country?

 

[Kane]

I guess every country has its own laws regarding ownership transfer. In my home country, if you want to transfer real estate properties (land and house), you will have to sign the document in front of the officer in the concerned government agency. In the case of company transfer, you will have to go to company registrar office to transfer ownershiop.