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Re: Safety Tips To Take When Buying A Property In Lagos by Ifork4money: 12:04pm On Jan 21, 2021 |
i see cheap lands around ibeju lekki. will you advice me to buy for my family members as gift? |
Re: Safety Tips To Take When Buying A Property In Lagos by money121(m): 12:06pm On Jan 21, 2021 |
Ok |
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Re: Safety Tips To Take When Buying A Property In Lagos by jidxin(m): 12:07pm On Jan 21, 2021 |
CotenantNIG: Hi Guys
Lets Get Started
We noticed a lot of people have always been duped while buying properties in Lagos. we would outline safety tips to take when buying a property in Lagos. A lot of ads have been going around in Lagos, concerning buying cheap properties all around Lagos especially in Places like Ibeju, etc When buying landed properties in Nigeria (especially in Lagos), make sure you put all these tips into consideration and do thorough research. I want to thank Omo Onile Lawyer and Grandezza for some of the tips it came in handy.
This tips would help those that live abroad especially.
It doesn’t matter if you are buying the land from a friend or a close relative whom you trust. Buying land in Nigeria is a financial transaction and should be treated as such. Don’t make yourself an easy target for a scam.
Let's get started
Make sure the land or property you are buying has proper documentation: It must have a valid C of O or other documents. ask for the title document of the property e.g. proof of ownership. Most developers don’t own the piece of land they constructed the property on. They usually do joint venture agreements with the true holders of the land. you should ask for the following documents: The Certificate of Occupancy (C of O) The Survey Plan The Tax Clearance Certificate The Deed of Assignment In most case, the document the original owner of the land has, contains a lot of deficiencies such as survey plan issues, wrong location of where the property is supposed to be on the layout, fake governor’s consent or C of O or deeds of assignment that were not properly executed by the family or outright fake documents to deceive the buyer
Investigate the property location by getting a competent lawyer: Before you buy a property make sure that the location is not facing a lawsuit, get a competent lawyer to help you check these issues. Don't buy a land that is facing a lawsuit already this could be by family issues or fraudulent transactions. Most people think because the area is developed there would be no more issues only for them to discover 2 major communal families have been fighting for decades concerning the ownership of the whole town.
Don't buy Properties from Omo-Onile, Buy from Professionals: Buy properties from competent real estate firms with established track records. Don't be thinking you are wise by buying lands from omo-onile and end up being duped and looking stupid. Some of these Omo-Onile can send land to more than 20 people. A lawyer, Surveyor, Architect, and a Real Estate Consultant, are the 4 most important people you must get in touch with before you buy a land. The lawyer is the only one that can draw up your contract papers legally. Any other landed document drawn up by any other person is null and void and you would not be allowed to process your papers at the Land registry.
Take Note of Fees: Before you buy that house, do your surveys to know the ancillary cost of buying a property that must be paid so you don't run into debts before you take possession. Agency fees are 5% of the cost of the property (negotiable), Legal fees to prepare all documents is 5% of the cost of the property (negotiable), Survey plan for a house is above N200,000. If it’s a semi-detached duplex each survey could cost N350,000. If you buy it in a Government scheme, only a government surveyor can draw a survey plan to divide the property properly. It’s called a subdivision and costs N750,000.
Visit the site in person: A growing number of people have been swindled just because they were too busy to carry out a thorough inspection of the land before making payment. For those living abroad make sure you send a relative or a friend, you can trust before you buy that property.
Written down transaction details, pictures of parties involved, and even video recordings can go a long way if something later goes wrong.
Take Possession of Your Land Immediately: Don't wait, if it's to fence round about it do it immediately and put a sign to scare of fraudsters and people that might try to be scammed too. Don’t just leave it fallow and expect it to wait there for you when you are ready. Somebody else would end up encroaching on your land and steal it.
I hope this helps Source https://pwanmax.com/2021/01/21/safety-tips-to-take-when-buying-a-property-in-lagos/
lawyers dont charge 5 percent but 10 percent although it is negotiable but by the book it must be 10 percent |
Re: Safety Tips To Take When Buying A Property In Lagos by jidxin(m): 12:10pm On Jan 21, 2021 |
CotenantNIG: Hi Guys
Lets Get Started
We noticed a lot of people have always been duped while buying properties in Lagos. we would outline safety tips to take when buying a property in Lagos. A lot of ads have been going around in Lagos, concerning buying cheap properties all around Lagos especially in Places like Ibeju, etc When buying landed properties in Nigeria (especially in Lagos), make sure you put all these tips into consideration and do thorough research. I want to thank Omo Onile Lawyer and Grandezza for some of the tips it came in handy.
This tips would help those that live abroad especially.
It doesn’t matter if you are buying the land from a friend or a close relative whom you trust. Buying land in Nigeria is a financial transaction and should be treated as such. Don’t make yourself an easy target for a scam.
Let's get started
Make sure the land or property you are buying has proper documentation: It must have a valid C of O or other documents. ask for the title document of the property e.g. proof of ownership. Most developers don’t own the piece of land they constructed the property on. They usually do joint venture agreements with the true holders of the land. you should ask for the following documents: The Certificate of Occupancy (C of O) The Survey Plan The Tax Clearance Certificate The Deed of Assignment In most case, the document the original owner of the land has, contains a lot of deficiencies such as survey plan issues, wrong location of where the property is supposed to be on the layout, fake governor’s consent or C of O or deeds of assignment that were not properly executed by the family or outright fake documents to deceive the buyer
Investigate the property location by getting a competent lawyer: Before you buy a property make sure that the location is not facing a lawsuit, get a competent lawyer to help you check these issues. Don't buy a land that is facing a lawsuit already this could be by family issues or fraudulent transactions. Most people think because the area is developed there would be no more issues only for them to discover 2 major communal families have been fighting for decades concerning the ownership of the whole town.
Don't buy Properties from Omo-Onile, Buy from Professionals: Buy properties from competent real estate firms with established track records. Don't be thinking you are wise by buying lands from omo-onile and end up being duped and looking stupid. Some of these Omo-Onile can send land to more than 20 people. A lawyer, Surveyor, Architect, and a Real Estate Consultant, are the 4 most important people you must get in touch with before you buy a land. The lawyer is the only one that can draw up your contract papers legally. Any other landed document drawn up by any other person is null and void and you would not be allowed to process your papers at the Land registry.
Take Note of Fees: Before you buy that house, do your surveys to know the ancillary cost of buying a property that must be paid so you don't run into debts before you take possession. Agency fees are 5% of the cost of the property (negotiable), Legal fees to prepare all documents is 5% of the cost of the property (negotiable), Survey plan for a house is above N200,000. If it’s a semi-detached duplex each survey could cost N350,000. If you buy it in a Government scheme, only a government surveyor can draw a survey plan to divide the property properly. It’s called a subdivision and costs N750,000.
Visit the site in person: A growing number of people have been swindled just because they were too busy to carry out a thorough inspection of the land before making payment. For those living abroad make sure you send a relative or a friend, you can trust before you buy that property.
Written down transaction details, pictures of parties involved, and even video recordings can go a long way if something later goes wrong.
Take Possession of Your Land Immediately: Don't wait, if it's to fence round about it do it immediately and put a sign to scare of fraudsters and people that might try to be scammed too. Don’t just leave it fallow and expect it to wait there for you when you are ready. Somebody else would end up encroaching on your land and steal it.
I hope this helps Source https://pwanmax.com/2021/01/21/safety-tips-to-take-when-buying-a-property-in-lagos/
the first thing that you must ever do is charting the land and picking cordinates before spending unnecessary money. |
Re: Safety Tips To Take When Buying A Property In Lagos by CotenantNIG: 12:16pm On Jan 21, 2021 |
jidxin: the first thing that you must ever do is charting the land and picking cordinates before spending unnecessary money. how many nigerians have time for this |
Re: Safety Tips To Take When Buying A Property In Lagos by TheKingIsHere: 12:16pm On Jan 21, 2021 |
Best thread of the year |
Re: Safety Tips To Take When Buying A Property In Lagos by Tinax(f): 12:22pm On Jan 21, 2021 |
So many lands in Lagos don’t have C of O..... second.. most lands are sold by Omo Onile as government allocation lands no plenty.......... once you buy land from omo onile don’t leave it unattended to ...even if na batcha build it there and put person there.... Good luck to property investors not easy. 1 Like 1 Share |
Re: Safety Tips To Take When Buying A Property In Lagos by TOPCRUISE(m): 12:24pm On Jan 21, 2021 |
Buy during raining season to avoid becoming neighbours to crocodiles |
Re: Safety Tips To Take When Buying A Property In Lagos by mansoura(f): 12:29pm On Jan 21, 2021 |
Quite helpful |
Re: Safety Tips To Take When Buying A Property In Lagos by Tripleoluwa(m): 12:33pm On Jan 21, 2021 |
We are surveyors of the Elegushi royal family in Lekki. If you want any property within Lekki axis, call us:
0.8.0.6.7.1.7.4.3.1.0 |
Re: Safety Tips To Take When Buying A Property In Lagos by Emeka71(m): 12:50pm On Jan 21, 2021 |
I sincerely need a land somewhere in Sango-otta. |
Re: Safety Tips To Take When Buying A Property In Lagos by obonujoker(m): 12:52pm On Jan 21, 2021 |
jidxin: lawyers dont charge 5 percent but 10 percent although it is negotiable but by the book it must be 10 percent Liar... Just say you are a lawyer... Lol... ![grin](https://www.nairaland.com/faces/grin.png) |
Re: Safety Tips To Take When Buying A Property In Lagos by pacespot(m): 1:04pm On Jan 21, 2021 |
Nice tips, thanks ![smiley](https://www.nairaland.com/faces/smiley.png) |
Re: Safety Tips To Take When Buying A Property In Lagos by mrfreestuff: 1:09pm On Jan 21, 2021 |
jidxin: lawyers dont charge 5 percent but 10 percent although it is negotiable but by the book it must be 10 percent It's 100% ![grin](https://www.nairaland.com/faces/grin.png) |
Re: Safety Tips To Take When Buying A Property In Lagos by ojoolawalegbeng: 1:32pm On Jan 21, 2021 |
NOTED. |
Re: Safety Tips To Take When Buying A Property In Lagos by fajalive(m): 1:48pm On Jan 21, 2021 |
Nice information but missing and creating confusion of the professionalism on land matters. ..Trust is the first motive to have in your mind while dealing with anybody, it could be your family member or any professional on land matters. Point of correction, a laywer cannot work on isolation or alone while acquiring a land in Lagos. Their major job is to check and confirm whether the document is genuine or not, check whether the land is not on Litigation abefore acquiring and to prepare documentation when buying it.
Note: Other professionals like the Surveyors, Town Planners, Architects has their roles to be played before acquiring a property in Lagos. .... Before acquiring a land for any use (residential, commercial, institutional or industrial) there's need to confirm from the Ministry of Physical Planning seeking for Planning Information process if on that land for example a shopping complex if can be built or to have an industrial there or not. Is like someone that has the purpose of building a production industry or petrol filling station in a residential area. Thats the work a Town Planner.
A Surveyor is to chart if the land or property is free from Govt acquisition or not and to prepare a Survey plan with Read-copy and Land information for the process of (C of O) or Govt Consent.
An architect is to design and build anything you want on the land as regard to the Approval granted for the land from the Authority (LASPPPA).
I hope this will add and guide to the Mod info.
Thanks. |
Re: Safety Tips To Take When Buying A Property In Lagos by selfdefence: 1:53pm On Jan 21, 2021 |
Nice tips, but na pesin wey get money dey buy land |
Re: Safety Tips To Take When Buying A Property In Lagos by loomer: 2:21pm On Jan 21, 2021 |
This is lovely. |
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Re: Safety Tips To Take When Buying A Property In Lagos by jidxin(m): 4:29pm On Jan 21, 2021 |
obonujoker:
Liar... Just say you are a lawyer... Lol... ![grin](https://www.nairaland.com/faces/grin.png) by the book and according to our scale of charges under the rpc its 10 percent |
Re: Safety Tips To Take When Buying A Property In Lagos by jidxin(m): 4:32pm On Jan 21, 2021 |
CotenantNIG:
how many nigerians have time for this it is very important, most people make that mistake thinking survey will protect them but alas its too late as they have already paid but charting is just btw 10 - 50k just to check whether the land falls within or weda the land is under govt acquisition and it will indicate if its ratifiable or under regularisation 1 Like |
Re: Safety Tips To Take When Buying A Property In Lagos by Abiboss: 4:38pm On Jan 21, 2021 |
CotenantNIG: Hi Guys
Lets Get Started
We noticed a lot of people have always been duped while buying properties in Lagos. we would outline safety tips to take when buying a property in Lagos. A lot of ads have been going around in Lagos, concerning buying cheap properties all around Lagos especially in Places like Ibeju, etc When buying landed properties in Nigeria (especially in Lagos), make sure you put all these tips into consideration and do thorough research. I want to thank Omo Onile Lawyer and Grandezza for some of the tips it came in handy.
This tips would help those that live abroad especially.
It doesn’t matter if you are buying the land from a friend or a close relative whom you trust. Buying land in Nigeria is a financial transaction and should be treated as such. Don’t make yourself an easy target for a scam.
Let's get started
Make sure the land or property you are buying has proper documentation: It must have a valid C of O or other documents. ask for the title document of the property e.g. proof of ownership. Most developers don’t own the piece of land they constructed the property on. They usually do joint venture agreements with the true holders of the land. you should ask for the following documents: The Certificate of Occupancy (C of O) The Survey Plan The Tax Clearance Certificate The Deed of Assignment In most case, the document the original owner of the land has, contains a lot of deficiencies such as survey plan issues, wrong location of where the property is supposed to be on the layout, fake governor’s consent or C of O or deeds of assignment that were not properly executed by the family or outright fake documents to deceive the buyer
Investigate the property location by getting a competent lawyer: Before you buy a property make sure that the location is not facing a lawsuit, get a competent lawyer to help you check these issues. Don't buy a land that is facing a lawsuit already this could be by family issues or fraudulent transactions. Most people think because the area is developed there would be no more issues only for them to discover 2 major communal families have been fighting for decades concerning the ownership of the whole town.
Don't buy Properties from Omo-Onile, Buy from Professionals: Buy properties from competent real estate firms with established track records. Don't be thinking you are wise by buying lands from omo-onile and end up being duped and looking stupid. Some of these Omo-Onile can send land to more than 20 people. A lawyer, Surveyor, Architect, and a Real Estate Consultant, are the 4 most important people you must get in touch with before you buy a land. The lawyer is the only one that can draw up your contract papers legally. Any other landed document drawn up by any other person is null and void and you would not be allowed to process your papers at the Land registry.
Take Note of Fees: Before you buy that house, do your surveys to know the ancillary cost of buying a property that must be paid so you don't run into debts before you take possession. Agency fees are 5% of the cost of the property (negotiable), Legal fees to prepare all documents is 5% of the cost of the property (negotiable), Survey plan for a house is above N200,000. If it’s a semi-detached duplex each survey could cost N350,000. If you buy it in a Government scheme, only a government surveyor can draw a survey plan to divide the property properly. It’s called a subdivision and costs N750,000.
Visit the site in person: A growing number of people have been swindled just because they were too busy to carry out a thorough inspection of the land before making payment. For those living abroad make sure you send a relative or a friend, you can trust before you buy that property.
Written down transaction details, pictures of parties involved, and even video recordings can go a long way if something later goes wrong.
Take Possession of Your Land Immediately: Don't wait, if it's to fence round about it do it immediately and put a sign to scare of fraudsters and people that might try to be scammed too. Don’t just leave it fallow and expect it to wait there for you when you are ready. Somebody else would end up encroaching on your land and steal it.
I hope this helps Source https://pwanmax.com/2021/01/21/safety-tips-to-take-when-buying-a-property-in-lagos/
Nice thread |
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Re: Safety Tips To Take When Buying A Property In Lagos by Unbiased1: 1:02pm On Jan 22, 2021 |
CotenantNIG: Hi Guys
Lets Get Started
We noticed a lot of people have always been duped while buying properties in Lagos. we would outline safety tips to take when buying a property in Lagos. A lot of ads have been going around in Lagos, concerning buying cheap properties all around Lagos especially in Places like Ibeju, etc When buying landed properties in Nigeria (especially in Lagos), make sure you put all these tips into consideration and do thorough research. I want to thank Omo Onile Lawyer and Grandezza for some of the tips it came in handy.
This tips would help those that live abroad especially.
It doesn’t matter if you are buying the land from a friend or a close relative whom you trust. Buying land in Nigeria is a financial transaction and should be treated as such. Don’t make yourself an easy target for a scam.
Let's get started
Make sure the land or property you are buying has proper documentation: It must have a valid C of O or other documents. ask for the title document of the property e.g. proof of ownership. Most developers don’t own the piece of land they constructed the property on. They usually do joint venture agreements with the true holders of the land. you should ask for the following documents: The Certificate of Occupancy (C of O) The Survey Plan The Tax Clearance Certificate The Deed of Assignment In most case, the document the original owner of the land has, contains a lot of deficiencies such as survey plan issues, wrong location of where the property is supposed to be on the layout, fake governor’s consent or C of O or deeds of assignment that were not properly executed by the family or outright fake documents to deceive the buyer
Investigate the property location by getting a competent lawyer: Before you buy a property make sure that the location is not facing a lawsuit, get a competent lawyer to help you check these issues. Don't buy a land that is facing a lawsuit already this could be by family issues or fraudulent transactions. Most people think because the area is developed there would be no more issues only for them to discover 2 major communal families have been fighting for decades concerning the ownership of the whole town.
Don't buy Properties from Omo-Onile, Buy from Professionals: Buy properties from competent real estate firms with established track records. Don't be thinking you are wise by buying lands from omo-onile and end up being duped and looking stupid. Some of these Omo-Onile can send land to more than 20 people. A lawyer, Surveyor, Architect, and a Real Estate Consultant, are the 4 most important people you must get in touch with before you buy a land. The lawyer is the only one that can draw up your contract papers legally. Any other landed document drawn up by any other person is null and void and you would not be allowed to process your papers at the Land registry.
Take Note of Fees: Before you buy that house, do your surveys to know the ancillary cost of buying a property that must be paid so you don't run into debts before you take possession. Agency fees are 5% of the cost of the property (negotiable), Legal fees to prepare all documents is 5% of the cost of the property (negotiable), Survey plan for a house is above N200,000. If it’s a semi-detached duplex each survey could cost N350,000. If you buy it in a Government scheme, only a government surveyor can draw a survey plan to divide the property properly. It’s called a subdivision and costs N750,000.
Visit the site in person: A growing number of people have been swindled just because they were too busy to carry out a thorough inspection of the land before making payment. For those living abroad make sure you send a relative or a friend, you can trust before you buy that property.
Written down transaction details, pictures of parties involved, and even video recordings can go a long way if something later goes wrong.
Take Possession of Your Land Immediately: Don't wait, if it's to fence round about it do it immediately and put a sign to scare of fraudsters and people that might try to be scammed too. Don’t just leave it fallow and expect it to wait there for you when you are ready. Somebody else would end up encroaching on your land and steal it.
I hope this helps Source https://pwanmax.com/2021/01/21/safety-tips-to-take-when-buying-a-property-in-lagos/
Bro please do you have an idea of the cost of transportation from 1) CMS/TBS to Victoria Island 2) Yaba to Victoria Island |
Re: Safety Tips To Take When Buying A Property In Lagos by CotenantNIG: 10:55pm On Jan 22, 2021 |
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