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The Best Way To Buy Land In Nigeria.

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1.   Contact trusted Real Estate  Firm because they have name to protect. You have no worries and also they have payment plans in place, incase you are unable to pay outrightly for the property, some documents comes with their real properties. 2. Do not send money to family members and friends to buy land or any property on your behalf, because we have heard of numerous cases were by people gave money to family members to acquire properties and in the end they were swindled of their hard earned money. And the worst part is you have little or nothing to do about it. Hence it is family issue it would be treated as such. 3. Do not buy from "omonile" aka land grabbers. They can sell a parcel of Land to several clients. They don't sell with the required documents, they can also sell government not approve area for their clients, this can result to the property being collected or demolish by the goverment in future. Our next post will be on two major reason  wh...
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Land Titles and Documentations.

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Land Titles and Documentations Are: 1.Register Conveyance  (RC) It would not be fair on ourside if we do not mention this document.This was the document that was required before the The Land Use Act. 2. Certificate of Occupancy  (Cofo). The most important document to have, but some people prefers not to go for it due to some reason concerning The Land Use Act. This document will only last for 99years before expiration. 3. Governor Concept  (GC) After buying Real Property with CofO Document, instead of Changing or doing another CofO, what you should do is GC. 4. Right of Occupancy. This is needed if your Real Property is located in Abuja, (FTC) Nigeria. 5. Gazette. This document records and states the areas the government has willingly given to the family and community to sell. 6. Deed of Assignment or Conveyance. A deed of conveyance or assignment traces the history of how the property or land has reached the present owner till date. Done by R...
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What Is Real Property?

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Real property consist of lands and buildings, structures and equipments permanently attached or fixed to the land.  Landed property is still one of the most important and most lucrative investment in the world over. Investing in landed properties means life time investment or atleast for 99 years in Nigeria with CofO. Owning land and anything attached to it means you owned real estate and the definition of real estate is;  "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature. But here in Nigeria; the 1978 Land Use Act, vested all urban land within a state to the state governor, and all non-urban land in the local governments in which they are found. So therefore if you own real property in Nigeria with CofO title, it would only serve for 99years and expire after the said period of time. Though it is renewable, but  the goverment has the r...
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