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7 Property Documents You Should Know. Number 3 Is Very Revealing / 10 Start-up Tips For A Thriving Real Estate Business In Nigeria / Land Documents You Need To Understand Before Investing In Real Estate (2) (3) (4)
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Documents You Must Know In Real Estate Business by BecomeALandLord(m): 9:25pm On Jan 24, 2017 |
*SURVEY PLAN* A Survey plan is a document that measures the boundary of a parcel of land to give an accurate measurement and description of that land. The people that handle survey issues are Surveyors and they are regulated by the office of the Surveyor general in Lagos as it relates to survey issues in Lagos. A survey plan must contain the following information: 1. The name of the owner of the land surveyed 2. The Address or description of the land surveyed 3. The size of the land surveyed 4. The drawn out portion of the land survey and mapped out on the survey plan document 5. The beacon numbers 6. The surveyor who drew up the survey plan and the date it was drawn up 7. A stamp showing the land is either free from Government acquisition or not *EXCISION* Land Use Decree on the 28th of March, 1978 that vested all lands in every state of the Federation under the control of the State Governors. The Land Use Act coupled with other laws made it possible for the Governor who was now the owner of all lands in the state to actually have the power to Acquire more lands compulsorily for its own public purpose to provide amenities for the greater good of the citizens. Fortunately, the government recognizes that indigenes of different sections of the country have a right to existence . . . a right to the land of their birth. Hence, it is customary for state government to cede a portion of land to the original owners (natives) of each area. An Excision means basically taking a part from a whole and that part that has been excised, will be recorded and documented in the official government gazette of that state. By having it recorded into the government document, it means the land Has now been gazetted. *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 or villages that have been granted excision and the number of acres or hectares of land that the government has given to them. It is within those excised acres or hectares that the traditional family is entitled to sell its lands to the public and not anything outside those hectares of land given or excised to them. A Gazette is a very powerful instrument the community owns and can replace a Certificate of Occupancy to grant title to the Villagers. A community owning a gazette can only sell lands to an individual within those lands that have been excised to them and the community or family head of that land has the right to sign your documents for you if you purchase lands within those excised acres or hectares of land. *DEED OF ASSIGNMENT* A Deed of Assignment is an Agreement between the Seller of a Land or Property and a Buyer of that Land or property showing evidence that the Seller has transferred all his rights, his title, his interest and ownership of that land to that the Seller that has just bought land. The Deed of Assignment has been exchanged between both parties, it has to be recorded in the land registry to show legal proof that the land has exchanged hands and the public should be aware of the transaction. Such recorded Deed of Assignment come in the form of either a _*Governor’s Consent*_ or _*Registered Conveyance* *CERTIFICATE OF OCCUPANCY* A Certificate of Occupancy (C of O) issued by the Lagos State Government officially leases Lagos land to you, the applicant, for 99 yrs. As already indicated above, all lands belong to the Government. A C of O however is the officially recognized Document for demonstrating Right to a Land. What happens after 99 years? That question is still subject of debate among experts. Most have adopted a wait-and-see attitude. Others postulate that as the new owner of the land, you the buyer, can renew the certificate of occupancy when it expires. 23 Likes 9 Shares |
Re: Documents You Must Know In Real Estate Business by BecomeALandLord(m): 7:39am On Feb 18, 2017 |
This documents are key in any real estate purchase or transactions 1 Like 1 Share |
Re: Documents You Must Know In Real Estate Business by veekid(m): 7:48am On Feb 18, 2017 |
plus afoshe |
Re: Documents You Must Know In Real Estate Business by kabayomi(m): 7:48am On Feb 18, 2017 |
Re: Documents You Must Know In Real Estate Business by SexyNairalander: 7:50am On Feb 18, 2017 |
booked |
Re: Documents You Must Know In Real Estate Business by money121(m): 7:50am On Feb 18, 2017 |
Noted!!! Thanks Op.. Check my Signature for the Current Price of Roofing Sheet in Nigeria... 2 Likes |
Re: Documents You Must Know In Real Estate Business by valdes00(m): 7:51am On Feb 18, 2017 |
This life sef So easy to loose focus One minute you Are going to save money at all cost The next minute you are buying Suya saying 'I cannot kill myself' 16 Likes |
Re: Documents You Must Know In Real Estate Business by KingRex1(m): 7:52am On Feb 18, 2017 |
Again? 1 Like |
Re: Documents You Must Know In Real Estate Business by Dfinex(f): 7:53am On Feb 18, 2017 |
do u need these documents if u are acquiring properties in a rural settings? 1 Like |
Re: Documents You Must Know In Real Estate Business by oluwamykel(m): 7:55am On Feb 18, 2017 |
Dfinex:Exactly what I'm about to asK |
Re: Documents You Must Know In Real Estate Business by hotspec(m): 7:58am On Feb 18, 2017 |
This is better than Tonto>Dike or snake story 2 Likes |
Re: Documents You Must Know In Real Estate Business by misterchris(m): 7:58am On Feb 18, 2017 |
Is it only in Lagos we have real estate? |
Re: Documents You Must Know In Real Estate Business by Tpave(m): 8:00am On Feb 18, 2017 |
The fear of Omonile is the beginning of wisdom. So beware |
Re: Documents You Must Know In Real Estate Business by MrMcJay(m): 8:03am On Feb 18, 2017 |
Dfinex: oluwamykel: In rural areas, what you need to do is obtain a family receipt for the land you are buying, get your Deed of Assignment (signed by the principal members of the family if you're buying from a family) and your Survey plan. 8 Likes 2 Shares |
Re: Documents You Must Know In Real Estate Business by habex005(m): 8:08am On Feb 18, 2017 |
Good one |
Re: Documents You Must Know In Real Estate Business by AreaFada2: 8:10am On Feb 18, 2017 |
Good |
Re: Documents You Must Know In Real Estate Business by Dfinex(f): 8:13am On Feb 18, 2017 |
MrMcJay: thanks. 1 Like |
Re: Documents You Must Know In Real Estate Business by mira4u: 8:14am On Feb 18, 2017 |
Noted!!! Tnx for this piece. |
Re: Documents You Must Know In Real Estate Business by sammyscholar(m): 8:14am On Feb 18, 2017 |
following |
Re: Documents You Must Know In Real Estate Business by Astrogeotech: 8:18am On Feb 18, 2017 |
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Re: Documents You Must Know In Real Estate Business by mutiu450: 8:47am On Feb 18, 2017 |
Good day call me for any kind of survey and d relevant document 08068093689 thanks |
Re: Documents You Must Know In Real Estate Business by waleadex(m): 8:50am On Feb 18, 2017 |
Correct! |
Re: Documents You Must Know In Real Estate Business by KingAfo(m): 8:52am On Feb 18, 2017 |
Please house what is E of O |
Re: Documents You Must Know In Real Estate Business by ShoProperties(m): 9:27am On Feb 18, 2017 |
List Of Properties You can Invest On in Ibeju lekki with C OF O Save your self from stress of buying Unregistered Land . PROTECT YOUR INVESTMENT .. sunnyland courts Location: 6 Minutes after Dangote Refinery, Ibeju Lekki,Lagos Price: N3m Per Plot Title: C of O LEKKI ROSE GARDEN ESTATES located in Ibeju-Lekki less than 5min drive from the Lekki Free Trade zone. Price: 4m Size:600sqms Location: Oshoroko Community, Ibeju-Lekki Title: CofO Limited plots available. Lekki Crystal Garden Location: Oshokoro town, ibeju-lekki (7 mins drive from Dangote refinery) Price: N2,500,000 3 months installment: N 2,800,000 Title: C of O LEKKI ROYAL GARDEN Location: Oshoroko Town, Ibeju Lekki Lagos. 6 minutes drive from Dangote Refinery. Title: Global C of O Price: 4M UPTOWN COURTS TITLE: Global C of O. PRICE: #3.5m per plot. || Half plot is #1.8m. PAYMENT PLAN: Initial Deposit is #1.6m || #1.1m per Month. LOCATION: Along Lekki Free Trade Zone (1mile from Dangote Refinery) CHERRY-WOOD COURTS TITLE: Global C of O. PRICE: #3m per plot. || Half plot is #1.6m. PAYMENT PLAN: Initial Deposit is #1.4m || #950,000 per Month. LOCATION: Along Lekki Free Trade Zone (1mile from Dangote Refinery) LAGOON COURTS TITLE: Gazette PRICE: #2m per plot. || Half plot is #1m. PAYMENT PLAN: Initial Deposit is #1m || #650,000 per month. LOCATION: Ibeju Agbe Town, Ibeju-Lekki (by New International Airport) BROOKSVILLE COURTS TITLE: Gazette. PRICE: #3.5m per plot. || Half plot is #1.8m. PAYMENT PLAN: Initial Deposit is #1.6m || #1.1m per month. LOCATION: Ibeju Agbe Town, Ibeju-Lekki (by New International Airport) SANDFIELD COURTS TITLE: Global C of O. PRICE: #4.5m per plot. || Half plot is #2.3m. PAYMENT PLAN: Initial Deposit is #2m || #1.4m per month. LOCATION: Along Lekki Free Trade Zone (1mile from Dangote Refinery) HAMPTON COURTS TITLE: Gazette in process PRICE: #1.5m per plot. || Half plot is #850,000. PAYMENT PLAN: Initial Deposit is #600,000. || #600,000 per month. LOCATION: Onosa, Ibeju-Lekki (15minutes drive from Ajah) WHITE-OAK COURTS TITLE: Global C of O. PRICE: #4m per plot. || Half plot is #2m. PAYMENT PLAN: Initial Deposit is #1.9m. || #1.2m per month. LOCATION: Along the Lekki Free Trade Zone (1mile from Dangote Refinery). Please take note; Physical Allocation of plots to the luckiest buyers commence immediately after the full payments. Installment package is not available for half plot purchase. The durations of instalment payment is three (3) months. Contact us for more enquiries, subscription forms and site inspections :- BB : 7A831D66 Whatsapp☎ 08124579981 08035331074 08027493735 shelterhomes4u@gmail.com
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Re: Documents You Must Know In Real Estate Business by madridguy(m): 9:52am On Feb 18, 2017 |
Thanks for sharing.. 1 Like |
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