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Property Verification And Title/document Perfection In Nigeria Series - Nairaland / General - Nairaland

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Florahomesgc Property Verification And Title/document Perfection In Nigeria / Property Verification And Authentication / Reasons For Document Perfection (2) (3) (4)

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Property Verification And Title/document Perfection In Nigeria Series by FloraHomesGC: 3:18pm On Feb 24, 2021
Part 1: What They Tell You Versus The Truth.

When you ask homeowners about the title document they have for their landed property. You will hear something like “It’s only the purchase receipt that they gave us and we have owned the property for over 10 years now” or “My property has a deed of assignment that is over 10 years old”.

Ok, their argument is that they have been in possession of these properties for many years without any issues or a third-party claimant anywhere. Some would even argue that with a 15 years old receipt, they would win any court case.


THE TRUTH
It's true that with your receipt or deed of assignment that has not been registered, you can challenge the property seller, you can claim ownership of a property from the seller.

But does it prevent you from being a victim of demolition? No

Does it protect you from eviction? No

Does it guarantee you compensation in a case when the Government acquires your land for the greater good of all (public interest)? No


What if you are up against someone who has a well-perfected and registered title.
At the court of law, do you still think you would win? No

What we say is that the receipt or deed of assignment which has not been registered alone is never enough.
And this is irrespective of where you're buying from either from the Omo-Onile, Community leader, Estates by property developers or from any other private seller.

What is the best thing to do?
1) Get a complete property verification done on your interest property before making payment.
2) Get the property document perfected in your name after purchase.
Then you can stand tall with your chest out in any situation.


You want to engage verification service and perfect your title now?

Click the link in the bio and select VERIFICATION SERVICE or send us a message now!

Follow @FloraHomesGC for more updates on property verification, title perfection, and futuristic mouth-watering real estate investment deals anywhere within Nigeria.

_____________________________

WhatsApp support: +2348094442019
Media: @FloraHomesGC
Website: www.FloraHomesGC.com
FloraHomes Global Consult Ltd.
Property Verification and Real Estate Investment Company located in Lagos, Nigeria. We work across every State.

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