Form LRA 45 (Transfer by Trustee on Bankruptcy) is a specialized land registration document used in Kenya when a trustee in bankruptcy transfers the interest of an adjudged bankrupt in registered land to a new owner. This form is jurisdiction-specific to Kenya and is governed by regulation 59(2)(b) of the Land Registration (General) Regulations, 2017, enacted under the Land Registration Act, 2012 (No. 3 of 2012).
This advocate-reviewed template is available for download on wansom.ai and is intended for trustees in bankruptcy, official receivers, insolvency practitioners, land registrars, advocates handling bankruptcy matters, purchasers acquiring land from bankrupt estates, and creditors seeking to recover debts through the sale of a debtor's property. When an individual is adjudged bankrupt, their assets, including registered land, vest in a trustee in bankruptcy who has the statutory power to sell or transfer the property to satisfy creditors' claims.
Form LRA 45 facilitates the legal transfer of title from the bankrupt's estate to a new owner. The downloadable template requires the title number of the land, transfer date, trustee's details as transferor, and the transferee's particulars. It must declare whether transferees will hold the land as joint proprietors or as proprietors in common with specific undivided shares. The transfer is subject to the Land Registration Act, 2012, the Land Act, 2012, and any interests noted in the register. The form requires proper execution as a deed with verification pursuant to Section 45 of the Land Registration Act, including authentication of the transferee's identity using a colored passport photograph, national ID, and tax PIN number. This legally compliant, ready-to-use template ensures transparent, lawful transfers of land assets from insolvent estates within Kenya's land registration system.