Buying & Selling
12 stories — sorted by most recent
Buying & SellingJun 8, 2014
If we must move forward as a nation, we need to whittle down a penchant for raw use of power, coercion and extortion. A while ago it was reported that Soldiers were used to stop Ikoyi’s 850 capacity car park project been carried out by the Lagos state government because of a dispute over ownership of the piece of land.
Buying & SellingFeb 9, 2014
As we say in our local parlance over here, "shine your eye well well" before you part with your hard earned money for a property or before you sign the dotted lines. Here are issues, booby traps you must consider and sort out before you take the plunge:
Buying & SellingJan 30, 2014
We wrote in one of our previous articles that arrangements are in advanced stage by the Lagos State Government to start issuing electronic C of O's to landowners in Lagos State. This step will not only make the process transparent but it will also check the fraudulent activities of unscrupulous estate agents, surveyors and the so-called omoniles. Herein are the required documents needed to obtain the electronic C of O
Buying & SellingJan 26, 2014
The wanton incidents of prospective property, land buyers been duped of their hard earned money can be attributed to the paucity of doing a due diligence investigation prior to paying for the envisaged property or parcel of land. This is because many survey plans, deeds of assignment, certificates of occupancy, government allocation letters, and government gazettes bandied about by fraudulent property sellers out there, are forged.
Buying & SellingJan 20, 2014
If feelers from the Lagos State Government is anything to go by, the State is poised to launch a state-of-the-art Geographic Information System (GIS) which it believes will facilitate issuance of Land titles such as Land Information Certificate's, Consent Letter's, Certificates of Occupancy (C of O) amongst others.
Buying & SellingNov 16, 2013
It is crucial to engage the services of a legal professional to carry out investigation at the land registry and surveyor-general's office to verify if the co-ordinates have not been flown(falsifying the survey plan by doctoring co-ordinates to read as free from all encumbrance whilst property falls within a government committed land) or if you're buying from the natives (Omoniles) make sure you are dealing with the principal/accredited members of the family.
Buying & SellingNov 4, 2013
Everyone knows that I have been a foremost promoter of doing a survey plan search with a surveyor before buying and if possible going to the land with an Alausa Surveyor to confirm whether it is free from acquisition or not. Well I also fell victim of dodgy surveyors I recommended to people that ended up colluding with the omoniles to decieve buyers and me. Such instances occured in Okun Ajah, Mopo Ibeju, Sangotedo, Ikorodu, lafiaji, Eputu, Akowonjo and Mowe.
Buying & SellingSep 26, 2013
I've learnt more tricks from land fraudsters in 2010 than I could ever imagine. I thought I knew every trick in the book and how to deal with them but they kept on coming at me like a heavy downpour and i couldn’t catch my breath in most situations.
Buying & SellingAug 19, 2011
A recent study shows there's a shift in the housing preferences of Nigerians. The Nigerian Dream is no longer the detached house set on a large expanse of land - instead, nowadays most people prefer the conventional block of flats (or multi-tenant units) within and outside the city center.
Buying & SellingApr 28, 2011
There are a great number things to look out for and keep in mind when buying a new home or land property especially in a place like Lagos Nigeria. The following 6 steps are crucial and will serve as guideline while you make that investment in a Home.
Buying & SellingApr 27, 2011
The Lagos State Government unveiled a new Home Ownership and Mortgage Scheme (HOMS) which is aimed at aiding Lagosians acquire home. Further details of this scheme has been released and are listed in this article.
Showing 1–11 of 12 stories