See What You Should Know Before Buying Any Land In Nigeria

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Before buying land in Nigeria, there are several crucial factors to consider to ensure a smooth and successful transaction. Here are four essential things you should know:

1. Land Documentation.

Verify the land’s documentation thoroughly before making any purchase. Ensure that the land has a valid Certificate of Occupancy (C of O) or a customary right of occupancy, depending on the location. This documentation proves the land’s ownership and legitimacy. Search for the appropriate land registry to confirm the authenticity of the documents. Engaging the services of a qualified lawyer can be beneficial in this process.

2. Title Verification.

Verify the title history of the land to avoid future disputes. Ascertain whether the land is free from any encumbrances, such as existing mortgages, liens, or legal disputes. Obtain a title search report from the land registry or employ the services of a professional surveyor to conduct a thorough investigation. This will provide information on the land’s previous ownership, any existing claims, and any restrictions on usage.

3. Physical Inspection and Survey.

Conduct a physical inspection of the land to verify its suitability for your intended use. Ensure it meets your requirements in terms of location, size, accessibility, and topography. Engage a licensed surveyor to carry out a detailed survey, demarcating the boundaries and providing accurate measurements. This survey plan should be registered at the appropriate land registry.

4. Community and Government Regulations.

Familiarize yourself with the community and government regulations governing land transactions in the area. Research the land use and zoning regulations to understand the permitted uses of the land. Additionally, check if any planned developments or infrastructure projects in the vicinity could impact the land’s value or usage. It is also essential to consider the proximity to amenities such as schools, hospitals, markets, and transportation networks….Fínd Óut Móre

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