Re: Important Documents In Land Transactions. (must Read) by Nobody: 1:11pm On Feb 16, 2018 |
LandOwners: Land transactions is virtually happening everyday in Nigeria and some people who engage in it have little or no knowledge about the legal documents involved in this transaction.
Some people commit their finances without even knowing what title document the land they are about to buy holds.
This is why some people fall into the hands of scammers who rip them off their hard earned money and sell government acquisition land to them.
Below are some very important documents in real estate and their functions.
SURVEY PLAN A Survey plan is a document that measures the boundary of a parcel of land to give an accurate measurement and description of that land. The people that handle survey issues are Surveyors and they are regulated by the office of the Surveyor general in Lagos as it relates to survey issues in Lagos. A survey plan must contain the following information:
1. The name of the owner of the land surveyed
2. The Address or description of the land surveyed
3. The size of the land surveyed
4. The drawn out portion of the land survey and mapped out on the survey plan document
5. The beacon numbers
6. The surveyor who drew up the survey plan and the date it was drawn up
7. A stamp showing the land is either free from Government acquisition or not
EXCISION Land Use Decree on the 28th of March, 1978 that vested all lands in every state of the Federation under the control of the State Governors. The Land Use Act coupled with other laws made it possible for the Governor who was now the owner of all lands in the state to actually have the power to Acquire more lands compulsorily for its own public purpose to provide amenities for the greater good of the citizens.
Fortunately, the government recognizes that indigenes of different sections of the country have a right to existence . . . a right to the land of their birth. Hence, it is customary for state government to cede a portion of land to the original owners (natives) of each area.
An Excision means basically taking a part from a whole and that part that has been excised, will be recorded and documented in the official government gazette of that state. By having it recorded into the government document, it means the land Has now been gazetted.
GAZETTE A Gazette is an Official record book where all special government details are spelt out, detailed and recorded
A gazette will show the communities or villages that have been granted excision and the number of acres or hectares of land that the government has given to them. It is within those excised acres or hectares that the traditional family is entitled to sell its lands to the public and not anything outside those hectares of land given or excised to them.
A Gazette is a very powerful instrument the community owns and can replace a Certificate of Occupancy to grant title to the Villagers. A community owning a gazette can only sell lands to an individual within those lands that have been excised to them and the community or family head of that land has the right to sign your documents for you if you purchase lands within those excised acres or hectares of land.
DEED OF ASSIGNMENT A Deed of Assignment is an Agreement between the Seller of a Land or Property and a Buyer of that Land or property showing evidence that the Seller has transferred all his rights, his title, his interest and ownership of that land to that the Seller that has just bought land.
The Deed of Assignment has been exchanged between both parties, it has to be recorded in the land registry to show legal proof that the land has exchanged hands and the public should be aware of the transaction. Such recorded Deed of Assignment come in the form of either a Governor’s Consent or Registered Conveyance.
CERTIFICATE OF OCCUPANCY A Certificate of Occupancy (C of O) issued by the Lagos State Government officially leases Lagos land to you, the applicant, for 99 yrs. As already indicated above, all lands belong to the Government.
A C of O however is the officially recognized Document for demonstrating Right to a Land. What happens after 99 years? That question is still subject of debate among experts. Most have adopted a wait-and-see attitude. Others postulate that as the new owner of the land, you the buyer, can renew the certificate of occupancy when it expires.
Always be 100% sure before committing your finances into any property. thanks for this info |
Re: Important Documents In Land Transactions. (must Read) by Nobody: 1:25pm On Feb 16, 2018 |
Thank you for this post |
Re: Important Documents In Land Transactions. (must Read) by tbliss22(m): 1:46pm On Feb 16, 2018 |
nuesednutlofa: My grandma didn't give any documents of her before she died o Lolz |
Re: Important Documents In Land Transactions. (must Read) by hopesuresh(m): 2:04pm On Feb 16, 2018 |
Hi |
Re: Important Documents In Land Transactions. (must Read) by ritux: 2:06pm On Feb 16, 2018 |
Can someone please highlight the important documents in buying a land in Abuja and how to verify the authenticity of the documents. |
|
Re: Important Documents In Land Transactions. (must Read) by wasak(m): 2:33pm On Feb 16, 2018 |
ritux: Can someone please highlight the important documents in buying a land in Abuja and how to verify the authenticity of the documents. The documents in Abuja can be verified at the Abuja Geographical Information system. (AGIS) you can get a lawyer to undertake the procedures for you. |
Re: Important Documents In Land Transactions. (must Read) by Tunde1932: 3:16pm On Feb 16, 2018 |
@ OP... God bless you for the information shared.... I've been cracking my head to know the basic requirements needed for the subject post.. These came in handy... 1 Like |
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Re: Important Documents In Land Transactions. (must Read) by Treash(m): 4:14pm On Feb 16, 2018 |
SeniorZato: I thank it will help me cox am planning of buying a land in Victoria island U may kindly contact me wen u are ready. Thank u. |
Re: Important Documents In Land Transactions. (must Read) by Treash(m): 4:16pm On Feb 16, 2018 |
hopesuresh: Hi, what are the document is needed at the time of land Registration?
Tell me the list,.. thank you.
Hope Tutors Your duly executed deed, survey plan, and any other documents in ur custody. 1 Like |
Re: Important Documents In Land Transactions. (must Read) by Treash(m): 4:18pm On Feb 16, 2018 |
Austinio: what if d land is from or a cooperative land. As in, selling they are selling or buying it. |
Re: Important Documents In Land Transactions. (must Read) by Treash(m): 4:22pm On Feb 16, 2018 |
kinzodigital:
What process do you need to follow to regularise the document for a house inherited that does not have any title document but had been built and lived in for more than 30 years? Which part of Nigeria. Then u lay foundation of its acquisition. Simply apply for C of O. Though, land cn be acquired through several means, which includes inheritance, conquest, gift, first settlement, sales, partition and the likes. 1 Like |
Re: Important Documents In Land Transactions. (must Read) by abumeinben(m): 4:26pm On Feb 16, 2018 |
LandOwners: Land transactions is virtually happening everyday in Nigeria and some people who engage in it have little or no knowledge about the legal documents involved in this transaction.
Some people commit their finances without even knowing what title document the land they are about to buy holds.
This is why some people fall into the hands of scammers who rip them off their hard earned money and sell government acquisition land to them.
Below are some very important documents in real estate and their functions.
SURVEY PLAN A Survey plan is a document that measures the boundary of a parcel of land to give an accurate measurement and description of that land. The people that handle survey issues are Surveyors and they are regulated by the office of the Surveyor general in Lagos as it relates to survey issues in Lagos. A survey plan must contain the following information:
1. The name of the owner of the land surveyed
2. The Address or description of the land surveyed
3. The size of the land surveyed
4. The drawn out portion of the land survey and mapped out on the survey plan document
5. The beacon numbers
6. The surveyor who drew up the survey plan and the date it was drawn up
7. A stamp showing the land is either free from Government acquisition or not
EXCISION Land Use Decree on the 28th of March, 1978 that vested all lands in every state of the Federation under the control of the State Governors. The Land Use Act coupled with other laws made it possible for the Governor who was now the owner of all lands in the state to actually have the power to Acquire more lands compulsorily for its own public purpose to provide amenities for the greater good of the citizens.
Fortunately, the government recognizes that indigenes of different sections of the country have a right to existence . . . a right to the land of their birth. Hence, it is customary for state government to cede a portion of land to the original owners (natives) of each area.
An Excision means basically taking a part from a whole and that part that has been excised, will be recorded and documented in the official government gazette of that state. By having it recorded into the government document, it means the land Has now been gazetted.
GAZETTE A Gazette is an Official record book where all special government details are spelt out, detailed and recorded
A gazette will show the communities or villages that have been granted excision and the number of acres or hectares of land that the government has given to them. It is within those excised acres or hectares that the traditional family is entitled to sell its lands to the public and not anything outside those hectares of land given or excised to them.
A Gazette is a very powerful instrument the community owns and can replace a Certificate of Occupancy to grant title to the Villagers. A community owning a gazette can only sell lands to an individual within those lands that have been excised to them and the community or family head of that land has the right to sign your documents for you if you purchase lands within those excised acres or hectares of land.
DEED OF ASSIGNMENT A Deed of Assignment is an Agreement between the Seller of a Land or Property and a Buyer of that Land or property showing evidence that the Seller has transferred all his rights, his title, his interest and ownership of that land to that the Seller that has just bought land.
The Deed of Assignment has been exchanged between both parties, it has to be recorded in the land registry to show legal proof that the land has exchanged hands and the public should be aware of the transaction. Such recorded Deed of Assignment come in the form of either a Governor’s Consent or Registered Conveyance.
CERTIFICATE OF OCCUPANCY A Certificate of Occupancy (C of O) issued by the Lagos State Government officially leases Lagos land to you, the applicant, for 99 yrs. As already indicated above, all lands belong to the Government.
A C of O however is the officially recognized Document for demonstrating Right to a Land. What happens after 99 years? That question is still subject of debate among experts. Most have adopted a wait-and-see attitude. Others postulate that as the new owner of the land, you the buyer, can renew the certificate of occupancy when it expires.
Always be 100% sure before committing your finances into any property. Enlightening! Your Monika....hope you nor be omonile? |
Re: Important Documents In Land Transactions. (must Read) by steve6: 5:01pm On Feb 16, 2018 |
Thanks |
Re: Important Documents In Land Transactions. (must Read) by sklateen(m): 5:26pm On Feb 16, 2018 |
IS THE SAME PROCEDURE IN LAGOS STATE APPLICABLE IN BENUE STATE, ANY BODY THAT HAS EXPERIENCE DEALING IN LAND IN BENUE SHOULD HELP ME THROW MORE LIGHT 1 Like |
Re: Important Documents In Land Transactions. (must Read) by Olamercy884(m): 5:57pm On Feb 16, 2018 |
Nice one Op 1 Like |
Re: Important Documents In Land Transactions. (must Read) by Treash(m): 6:22pm On Feb 16, 2018 |
sklateen: IS THE SAME PROCEDURE IN LAGOS STATE APPLICABLE IN BENUE STATE, ANY BODY THAT HAS EXPERIENCE DEALING IN LAND IN BENUE SHOULD HELP ME THROW MORE LIGHT Which part of Benue are you. I can link you up with a property lawyer over there. I was there sometimes ago. 1 Like |
Re: Important Documents In Land Transactions. (must Read) by LandOwners: 6:42pm On Feb 16, 2018 |
abumeinben:
Enlightening!
Your Monika....hope you nor be omonile? No sir. I am not an omonile. I'm a real estate consultant, we specialize in landed properties. 1 Like |
Re: Important Documents In Land Transactions. (must Read) by LandOwners: 6:44pm On Feb 16, 2018 |
Tunde1932: @ OP... God bless you for the information shared.... I've been cracking my head to know the basic requirements needed for the subject post.. These came in handy... you are welcome. |
Re: Important Documents In Land Transactions. (must Read) by Seun360(m): 6:48pm On Feb 16, 2018 |
Will soon get a plot at Lakwe. 1 Like |
Re: Important Documents In Land Transactions. (must Read) by LandOwners: 6:51pm On Feb 16, 2018 |
Seun360: Will soon get a plot at Lakwe. I know Lakwe very well. its a great place to own a piece of Land. Please get the services of a competent lawyer to verify the title of the land before u part with ur money. |
Re: Important Documents In Land Transactions. (must Read) by Treash(m): 7:06pm On Feb 16, 2018 |
[/color][color=#000099]Seun360: Will soon get a plot at Lakwe. Seun360: Will soon get a plot at Lakwe. Cute. |
Re: Important Documents In Land Transactions. (must Read) by kinzodigital: 7:17pm On Feb 16, 2018 |
Treash:
Which part of Nigeria. Then u lay foundation of its acquisition. Simply apply for C of O. Though, land cn be acquired through several means, which includes inheritance, conquest, gift, first settlement, sales, partition and the likes. Thanks for getting back to me.The property is in Edo State.It is a built up land. What do you mean by laying a foundation of its acquisition?If I am applying for C of O would they not be needing documents as for new land and building plan? 1 Like |
Re: Important Documents In Land Transactions. (must Read) by Treash(m): 7:41pm On Feb 16, 2018 |
kinzodigital:
Thanks for getting back to me.The property is in Edo State.It is a built up land. What do you mean by laying a foundation of its acquisition?If I am applying for C of O would they not be needing documents as for new land and building plan? Laying proper foundation means u may need to go a long way to first apply for letter of administration (if the real owner is late and u r the sole survivor). The essence of this is to show that u merit the property and that the govt is not dealing with the wrong person. Then carry out a survey on it, then use both documents to process your title in their land bureau. |
Re: Important Documents In Land Transactions. (must Read) by kinzodigital: 8:02pm On Feb 16, 2018 |
Treash:
Laying proper foundation means u may need to go a long way to first apply for letter of administration (if the real owner is late and u r the sole survivor). The essence of this is to show that u merit the property and that the govt is not dealing with the wrong person. Then carry out a survey on it, then use both documents to process your title in their land bureau. Thanks.You are a star. One more question. Most all land survey plan be submitted at Cadastral in Abuja? |
Re: Important Documents In Land Transactions. (must Read) by Treash(m): 8:12pm On Feb 16, 2018 |
kinzodigital:
Thanks.You are a star.
One more question.
Most all land survey plan be submitted at Cadastral in Abuja?
M sorry, av never transacted land bizns in Abuja. Am a Lagos lawyer. |
Re: Important Documents In Land Transactions. (must Read) by kinzodigital: 8:26pm On Feb 16, 2018 |
Treash:
M sorry, av never transacted land bizns in Abuja. Am a Lagos lawyer. Thanks.You have been quite helpful� |
Re: Important Documents In Land Transactions. (must Read) by Franchise21(m): 8:37pm On Feb 16, 2018 |
SeniorZato: I thank it will help me cox am planning of buying a land in Victoria island I intend buying at Ikoyi and Banana Island 1 Like |
Re: Important Documents In Land Transactions. (must Read) by EkeneElectrons(m): 9:25pm On Feb 16, 2018 |
Na check us out |
Re: Important Documents In Land Transactions. (must Read) by GregJames(m): 9:27pm On Feb 16, 2018 |
Great 1 Like |
Re: Important Documents In Land Transactions. (must Read) by Expsbterror(m): 11:19pm On Feb 16, 2018 |
LandOwners: Land transactions is virtually happening everyday in Nigeria and some people who engage in it have little or no knowledge about the legal documents involved in this transaction.
Some people commit their finances without even knowing what title document the land they are about to buy holds.
This is why some people fall into the hands of scammers who rip them off their hard earned money and sell government acquisition land to them.
Below are some very important documents in real estate and their functions.
SURVEY PLAN A Survey plan is a document that measures the boundary of a parcel of land to give an accurate measurement and description of that land. The people that handle survey issues are Surveyors and they are regulated by the office of the Surveyor general in Lagos as it relates to survey issues in Lagos. A survey plan must contain the following information:
1. The name of the owner of the land surveyed
2. The Address or description of the land surveyed
3. The size of the land surveyed
4. The drawn out portion of the land survey and mapped out on the survey plan document
5. The beacon numbers
6. The surveyor who drew up the survey plan and the date it was drawn up
7. A stamp showing the land is either free from Government acquisition or not
EXCISION Land Use Decree on the 28th of March, 1978 that vested all lands in every state of the Federation under the control of the State Governors. The Land Use Act coupled with other laws made it possible for the Governor who was now the owner of all lands in the state to actually have the power to Acquire more lands compulsorily for its own public purpose to provide amenities for the greater good of the citizens.
Fortunately, the government recognizes that indigenes of different sections of the country have a right to existence . . . a right to the land of their birth. Hence, it is customary for state government to cede a portion of land to the original owners (natives) of each area.
An Excision means basically taking a part from a whole and that part that has been excised, will be recorded and documented in the official government gazette of that state. By having it recorded into the government document, it means the land Has now been gazetted.
GAZETTE A Gazette is an Official record book where all special government details are spelt out, detailed and recorded
A gazette will show the communities or villages that have been granted excision and the number of acres or hectares of land that the government has given to them. It is within those excised acres or hectares that the traditional family is entitled to sell its lands to the public and not anything outside those hectares of land given or excised to them.
A Gazette is a very powerful instrument the community owns and can replace a Certificate of Occupancy to grant title to the Villagers. A community owning a gazette can only sell lands to an individual within those lands that have been excised to them and the community or family head of that land has the right to sign your documents for you if you purchase lands within those excised acres or hectares of land.
DEED OF ASSIGNMENT A Deed of Assignment is an Agreement between the Seller of a Land or Property and a Buyer of that Land or property showing evidence that the Seller has transferred all his rights, his title, his interest and ownership of that land to that the Seller that has just bought land.
The Deed of Assignment has been exchanged between both parties, it has to be recorded in the land registry to show legal proof that the land has exchanged hands and the public should be aware of the transaction. Such recorded Deed of Assignment come in the form of either a Governor’s Consent or Registered Conveyance.
CERTIFICATE OF OCCUPANCY A Certificate of Occupancy (C of O) issued by the Lagos State Government officially leases Lagos land to you, the applicant, for 99 yrs. As already indicated above, all lands belong to the Government.
A C of O however is the officially recognized Document for demonstrating Right to a Land. What happens after 99 years? That question is still subject of debate among experts. Most have adopted a wait-and-see attitude. Others postulate that as the new owner of the land, you the buyer, can renew the certificate of occupancy when it expires.
Always be 100% sure before committing your finances into any property. Why is it that the c of O is too expensive. Is it okay or are fraudsters on the move? 1 Like |