Land verification issues in Lagos

PROPERTY OWNERSHIP VERIFICATION ISSUES IN LAGOS STATE

People often ask me to use the coordinates picked on a property they are interested in to verify the true owner at Alausa. They are always surprised and disappointed when I say I can’t verify the ownership of a property at Alausa except the property has a registered deed/existing title. The truth is, in most cases, if you take the coordinates of a land to…

Court judgment

READ THIS BEFORE YOU MARKET OR BUY A PROPERTY WITH COURT JUDGMENT TITLE

Last month, I had two separate discussions with 2 of my realtor friends about Court Judgment in property transactions. The first one called me and said he had a client who wanted to purchase a parcel of land in Epe and the client said he was told by the seller that the title the land has is court judgment. He was confused and wanted to…

Lands for Sale

REAL ESTATE MARKETER, DO YOU KNOW WHAT YOU ARE SELLING?

These days a lot of people are into some form of real estate business. In the past 5 years, thousands of Nigerians have become real estate marketers. That’s not a problem. It’s actually a very good thing because real estate marketing is a good source of income and besides, in Nigeria, we have a massive housing deficit. The problem is that recently, unscrupulous elements are…

Dont’ buy land because others are buying

Most times people who want to buy land often fall victim of what is called Bandwagon Effect. They buy because others have bought. They use the fact that others have bought and have probably started building as a yardstick for determining if the land is good or not. They say “all this people that have bought cannot be wrong”. This is a wrong strategy and…

BEFORE BUYING LAND WITH C OF O, CHECK THE SURVEY PLAN

BEFORE BUYING LAND WITH C OF O, CHECK THE SURVEY PLAN When acquiring a property, it is always important to know if the property has a Certificate of Occupancy (C of O) or some other title. But it is more important to know if the C of O is defective. It is not uncommon for errors to be made during land title preparation. One thing…

Step by Step Process for Acquiring Land and Gettting Your C of O in Lagos

Steps to follow if you want to acquire land and obtain a C of O or Governor’s Consent in Lagos. Land Search Charting Land Ownership Investigation Acquisition of land Land Survey (Registered Surveyor) Preparation of Deed of Assignment by your lawyer Lodgment of Record Copy of Survey Application for Land Information Certificate Purchase of form and application for Certificate of Occcupancy / Governor’s Consent **PS**Use…

Why You Should Always Use Professionals when Building or Acquiring a Property

In the process of building or acquiring a property, one of the most important decisions you can make is to use professionals. The primary reason is because professionals help you avoid unnecessary mistakes. There are many things professionals in the built/real estate industry will do for you but let’s look at a few. If you use a professional land surveyor, he will help you avoid…

Difference between Excision File Number and Gazette Number

In recent times we have been contacted by some of our clients who are in the process of purchasing land from real estate companies to help them verify the excision number of the land they intend to buy. Most times these real estate companies in Lagos don’t have an approved excision for their land yet so what they have is an Excision File Number NOT…

Why some dubious Omoniles insist on using their own Land Surveyor

If you want to buy a land and the land owner (Omonile) is insisting on you using their own family surveyor to survey the land, please be wary. It is becoming a trend with Omoniles in Lagos State –especially those lands owned by families. This is different from housing estates which already have a registered survey layout and insist on using their in-house surveyor for…

One important question before concluding a land transaction

You must ask one very important question before you conclude a land transaction and the question is: Is there any dispute or court case on this land? Failure to ask this question can have dire consequences. During the week, I received a phone call from a lawyer who wanted to carry out a survey of a plot of land on behalf of his client. As…