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Nairaland Forum / Nairaland / General / Properties / Don't Be A Victim. Investigate Every Property Before You Buy Any Land This Year (434342 Views)
LAND/PROPERTY VERIFICATION & Titles.....the Must Do For Every Property Buyer / Real Estate Topic Library (Must Read Before You Buy Any Land Or Property) / From Lawyer: Before You Buy ANY Land ,Property And Mortgage Read This! (2) (3) (4)
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Re: Don't Be A Victim. Investigate Every Property Before You Buy Any Land This Year by NancyM: 10:39am On Jun 28, 2016 |
I would advise buyers spare no expense in carring out due diligence. A specialist has to study all potential risks to protect you from possible losses. Due Diligence includes background check on the property developer, land registry and records from the homeowners’ association, tax records, debt and legal encumbrances, technical condition and environmental hazards, potential returns and rental risks etc. It costs about 10% of purchase (source https://tranio.com/traniopedia/glossary/due_diligence.en/) |
Re: Don't Be A Victim. Investigate Every Property Before You Buy Any Land This Year by vkon2(m): 7:52pm On Jul 06, 2016 |
Sir, good evening Since last year I was opportune to read ur post But the question I want to ask every legal practitioner or any one that has idea is Dis How much does it cost for a lawyer to prepared a DEED OF ASSIGNMENT, I just got a land of recent and the lawyer I met said he his going to charge me ten percent of the amount I bought the land Please how true is it 1 Like |
Re: Don't Be A Victim. Investigate Every Property Before You Buy Any Land This Year by Jillow: 8:38am On Jul 09, 2016 |
Hello Lawyer, I must commend you for doing a good job by educating the nairaland community. I need you to help clarify if my property is safe from acquisition. I bought two plots of land at Ibeju lekki opposite the Pan Atlantic University (new site), my plots are located behind the Eleganza project and I have just completed the foundation but I am yet to commerce block work/contruction due to finances. I would like to know based on your cognate experience if this area is free from acquisition. I should add that I bought it through a family friend that is a developer. |
Re: Don't Be A Victim. Investigate Every Property Before You Buy Any Land This Year by SurveyorD: 10:40pm On Jul 09, 2016 |
Jillow: Good day. A land surveyor will do that for you. It is the Surveyor that will take the coordinate and check it against Lagos state base map to know the status. |
Re: Don't Be A Victim. Investigate Every Property Before You Buy Any Land This Year by xdos(m): 8:47am On Jul 11, 2016 |
Hello Lawyer, Thanks for your good work. I have an issue. I bought a property from Nike community in Enugu state through an agent. When I got the document for the property, it was a 'Deed of Lease' for 99yrs and with some conditions stated therein. Analysing this with my inlaw, he isn't comfortable with the deed of lease and is of the opinion I should sell the property. My agent is of the opinion that when I get a CoO, it will over-write whatever condition is stated in that document. Please advise. |
Re: Don't Be A Victim. Investigate Every Property Before You Buy Any Land This Year by vkon2(m): 6:48pm On Jul 11, 2016 |
Hello all, please I need ur knowledge on this There is this plot of land of mine, and I got a lawyer to prepared a DEED OF ASSIGNMENT on it I told me he is going to charge me ten percent of the amount I bought the land Pls how true is these SurveyorD |
Re: Don't Be A Victim. Investigate Every Property Before You Buy Any Land This Year by SurveyorD: 12:31am On Jul 12, 2016 |
vkon2: It can be negotiated, speak to other lawyers. 1 Like |
Re: Don't Be A Victim. Investigate Every Property Before You Buy Any Land This Year by vkon2(m): 9:24am On Jul 12, 2016 |
SurveyorD:Thanks alot |
Re: Don't Be A Victim. Investigate Every Property Before You Buy Any Land This Year by MulticolourDeco(f): 6:21am On Jul 13, 2016 |
Good Morning, Have a great day and always remember to put a smile on your face. Multicolour Interiordezine. ..we care |
Re: Don't Be A Victim. Investigate Every Property Before You Buy Any Land This Year by Aadeyinka(m): 1:00pm On Jul 14, 2016 |
lawyer:good. |
Re: Don't Be A Victim. Investigate Every Property Before You Buy Any Land This Year by Serial: 3:28pm On Jul 14, 2016 |
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Re: Don't Be A Victim. Investigate Every Property Before You Buy Any Land This Year by olaboy1: 8:41pm On Jul 14, 2016 |
If someone is buying a land from one of these reputable companies that has developed and commissioned some estates in other areas, do we need to verify the land in the estate or how does one go about this. I don't mind paying the development fee and other accrued costs on the land as long as it gives me rest of mind. Lawyer what's your take on this. I am looking at buying some plots at Elerangbe ibeju lekki. |
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