In most places in Lagos state, lands that are FREE from government acquisition are more expensive that those that fall within government acquisition. This is because lands free from government acquisition have several benefits.
You can do a registered survey plan of the land.
With the registered survey plan, you can process title documents such as Certificate of Occupancy (C of O), Governors Consent etc.
If the government is carrying out a project in your area in the future and it affects your land, you will be compensated.
A land that is free from government acquisition and has a good title can be used as a collateral for almost anything in Nigeria
If you want to Will your land to a loved one, you will rest assured that there will be no issues with the land in the future.
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