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Nairaland Forum / Nairaland / General / Properties / One Important Question You Must Ask Before Concluding A Land Transaction (451 Views)
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One Important Question You Must Ask Before Concluding A Land Transaction by drewe20(m): 10:33pm On Dec 16, 2017 |
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 our conversion progressed, I found out that his client – an elderly couple – had paid for the same land twice! Yes, two times! They purchased the land from a man who did not tell them that there was a court case on the land. When the man lost the case, the real owner showed up and tried to take possession of the land. I cannot imagine how this elderly couple felt when they found out they bought the land from the wrong person. In the end, they had to negotiate with the real owner and pay for the land again. Please avoid this kind of mistake. Ask questions before paying for land. It is your HARD EARNED MONEY so don't be in a hurry to part with it. Read more on land matters on www.oticsurveys.com/blog Follow us Twitter @oticsurveys Instagram @oticsurveys 1 Like |
Re: One Important Question You Must Ask Before Concluding A Land Transaction by Cameleon72(f): 10:39pm On Dec 16, 2017 |
Noted |
Re: One Important Question You Must Ask Before Concluding A Land Transaction by drewe20(m): 10:48pm On May 28, 2018 |
Cameleon72: Alright |
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