Misplace of document is not a very uncommon issue these days. Either due to the carelessness of the holder or neglect of the banker, documents are found missing. Having your original property documents has practical and legal reasons. You need the document to show evidence of ownership because this would be necessary if you are selling or refinancing your house or property, or transferring the title for estate-planning purposes.

If the original is not in your possession or misplaced, and you want to sell the property, it puts the purchaser on enquiry. A purchaser faced with a seller that does not have his original property document may assume that it is the case of fraud. Even if you do not want to sell the property, but the title document is lost, there is still a security risk if the documents fall into the hands of a deceitful and fraudulent person. This person may pass himself off as the owner and with him being in possession of the original documents, his claim will be more credible to those who are interested.

Mr. Tayo (the buyer) for example was on the brink of working out a property deal, when he found out that Mr. Okoro (the seller) did not have the original Deed of Assignment. The seller Mr. Okoro mentioned that some of the papers were misplaced by his careless act. What procedure does Mr. Okoro follow to remedy the lost Deed of Assignment?

The first step is to swear to an affidavit that you misplaced it. With the affidavit, obtain a Police Report that your Deed of Assignment is missing. You also need to obtain a Certified True Copy (CTC) of the Deed from the Lands Registry, Alausa. An advert in a widely circulating print media preferably a Newspaper to let the public know that you lost your Deed of Assignment is also required.

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