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Nairaland Forum / Nairaland / General / Properties / How Well Do You Know Some Land Documents And Titles? (26496 Views)
Important Land Documents And Titles You Should Know As A Real Estate Investor. / Different Types Of Land Documents / Understanding Land Documents And Titles (2) (3) (4)
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How Well Do You Know Some Land Documents And Titles? by BecomeALandLord(m): 5:23pm On Jan 18, 2022 |
LAND DOCUMENTS AND LAND TITLES. SURVEY. This is a document that measure the boundary of a parcel of land to give an accurate measurement and description of the land. EXCISION. An excised land that has been released by the government to the indigens of the area who originally owned the land before the government acquired it. This means that the land is no longer under government acquisition and processing the C of O is possible. GAZETTE. A gazette is an official record book, where all special government details, are spelt out, detailed and recorded. A gazette will show the communities and villages that have been granted excision and the number of acres or hectares of land that the government has given to them. CERTIFICATE OF OCCUPANCY (C of O) It's a land document issued by the state government to officially lease any land under the state to you (the applicant), for 99years. As already indicated above, all lands belong to the government. A C of O however is the officially recognized land document for demonstrating rights to a land. A certificate of occupancy can ���� �������� ��� ������������� either be fore residential, commercial or agricultural purposes It is usually granted for a fixed term of 99yrs and 25years for for agricultural lands. What happens after 99years? The response to this for now, remains that the buyer can renew the certificate of occupancy when it expires. *Please note*: there are *kinds* of C of O, there is a *normal* C of O and there is *a Global* C of O and also we have types i.e. Residential, Industrial, Commercial, Agricultural C of O. GOVERNOR'S CONSENT. It's a land document that is obtained whenever you buy a land with C of O. It's the land document that let's the Governor and the general public know that the Land in question has changed hands. DEED OF ASSIGNMENT. It's actually a document that shows that you are now the new owner of the land. It is an agreement between the seller of a land/property and the buyer, showing evidence that the seller has transferred all his rights, titles, interest and ownership of the land to the buyer. RECEIPT This land document is the least of all and it's just for the seller to acknowledge that he/she has received the due money he/she wants to sell the land. As simple as this document may seem or appear like, it is still very important for future purposes. CONTRACT OF SALE. This is a contract between two or more parties in which the seller agrees to sell and the buyer agrees to buy a real estate property. The contract outlines the terms and conditions for the sale and purchase of the property. 157 Likes 54 Shares |
Re: How Well Do You Know Some Land Documents And Titles? by slawormiir: 1:05pm On Jan 20, 2022 |
Damnnn niggar Isoright One hell of a nice write up from the op The one mostly used here in Nigeria is deed of assignment 51 Likes 5 Shares |
Re: How Well Do You Know Some Land Documents And Titles? by orikoku: 1:05pm On Jan 20, 2022 |
This is educative. I only know of: Receipts Deed of agreement Survey Building plan and C of O I don't know about the rest. 20 Likes 2 Shares |
Re: How Well Do You Know Some Land Documents And Titles? by Odewaleadesoye(m): 1:05pm On Jan 20, 2022 |
27 Likes 3 Shares |
Re: How Well Do You Know Some Land Documents And Titles? by Sydney43(f): 1:06pm On Jan 20, 2022 |
Na everyday we dey learn.... I don sabi new things today 6 Likes |
Re: How Well Do You Know Some Land Documents And Titles? by Harneyprojects: 1:06pm On Jan 20, 2022 |
This very Informative for someone like me in n the building design and construction industry. Good work 7 Likes |
Re: How Well Do You Know Some Land Documents And Titles? by Mko123(m): 1:06pm On Jan 20, 2022 |
Studying Civil Engineering Used to some of terms mentioned 2 Likes 1 Share |
Re: How Well Do You Know Some Land Documents And Titles? by nams77: 1:07pm On Jan 20, 2022 |
Good info 1 Like |
Re: How Well Do You Know Some Land Documents And Titles? by RPG2020(m): 1:07pm On Jan 20, 2022 |
What about COE |
Re: How Well Do You Know Some Land Documents And Titles? by Candidlady: 1:07pm On Jan 20, 2022 |
Re: How Well Do You Know Some Land Documents And Titles? by TheABOMINATION: 1:09pm On Jan 20, 2022 |
Candidlady: If you like don't read and learn, by the time you are scammed by a fake estate agent, no cry come Nairaland. 9 Likes |
Re: How Well Do You Know Some Land Documents And Titles? by Kamachicho: 1:09pm On Jan 20, 2022 |
Thanks for my education 1 Like |
Re: How Well Do You Know Some Land Documents And Titles? by Kingdemu: 1:09pm On Jan 20, 2022 |
Thank you very much for this OP. So if I am buying a land or house in Abuja, what documents should I make sure I verify and are handed to me after the deal? And can I do a change of ownership on a C-of-O the same way we do on cars? Note: I have not heard of any document called GOVERNOR'S CONSENT here in the North. |
Re: How Well Do You Know Some Land Documents And Titles? by Egbetayo(m): 1:10pm On Jan 20, 2022 |
Thanks for the information. How do one process C of O ? |
Re: How Well Do You Know Some Land Documents And Titles? by Tickles001(m): 1:10pm On Jan 20, 2022 |
...hmm. I no get all of those documents when I bought my land. But I know the deal is genuine though. Should I be worried? |
Re: How Well Do You Know Some Land Documents And Titles? by Habs4800: 1:11pm On Jan 20, 2022 |
Ibeju lekki people need this 1 Like |
Re: How Well Do You Know Some Land Documents And Titles? by Kums2020: 1:14pm On Jan 20, 2022 |
Is ok |
Re: How Well Do You Know Some Land Documents And Titles? by Iseoluwani: 1:14pm On Jan 20, 2022 |
BecomeALandLord: Honestly this are the kind of write up we want on fP not Tinubu and co Op God bless you 10 Likes |
Re: How Well Do You Know Some Land Documents And Titles? by Oghene1st: 1:14pm On Jan 20, 2022 |
Egbetayo: Hit me up. O Eight O 3 9 8 5 2 2 9 7 Hello O.P, you did well. However, Contract of Sale of Land is to acknowledge part payment of the total sum. Once the full payment has been made, a Deed of Assignment is thereby executed. Deed of Assignment is only executed when the total sum has been paid, and it is what is used to get the Consent of the Governor. 7 Likes 1 Share |
Re: How Well Do You Know Some Land Documents And Titles? by DextrousDavid(m): 1:15pm On Jan 20, 2022 |
Very Educative! |
Re: How Well Do You Know Some Land Documents And Titles? by omoteacher(m): 1:16pm On Jan 20, 2022 |
Really educative thread, thanks OP. |
Re: How Well Do You Know Some Land Documents And Titles? by MANNABBQGRILLS: 1:16pm On Jan 20, 2022 |
Insightful and educative thread. Thanks for this OP. 2 Likes 3 Shares |
Re: How Well Do You Know Some Land Documents And Titles? by backnbeta(f): 1:17pm On Jan 20, 2022 |
It's very important to know if the land you're buying is not a grazing route 5 Likes 1 Share |
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