Most people who purchase land in Lagos and elsewhere don't really understand the meaning of these Real Estate terms. As a potential buyer wishing to buy a land or build a new house you must be conversant with a few of these figures. The first hurdle is to understand the system of Land measurement in Nigeria.

In Nigeria today, Land is measured in Hectares, Acres, Meters and Feet. These measurements are affected by factors, which include development pattern, human and environmental factors.

Let's start by asking what is the size of a standard plot in Nigeria?

According to the dictionary meaning of a plot: A plot is a marked out piece of Land for the purpose of building or farming. The word 'plot' is an arbitrary term used to describe a land division carved out for property development.

The size of a plot can vary for different reasons but according to Nigeria's land division, the appropriate plot for a house construction is 50 x 100ft which can accommodate a standard house with a small compound. To better understand land divisions used in Nigeria, different units of area are used as follows:

*HECTARE*
A hectare is one of the least known metric units and one which potential buyers and Estate developers seem to struggle with -

It is a land measuring:

��100m x 100m OR
��328ft x 328ft OR
��10,000 sqm OR
��Two and half acres OR
��15 plots.

*ACRE*
An Acre is a standard unit of measurement used by Land sellers and it is almost equivalent to the size of a standard football field. An Acre is a product of any rectangular plot of land giving a total of:

��4,046sqm OR
��43,560 sq ft OR
��6 plots (each measuring 60ft x 120ft)

*PLOT*
In Lagos State, the standard size of a plot is 60ft x 120ft (18m x 36m i.e. 648 sqm), while in some other cities of the country, plots are measured in 50ft x 100ft.

*HOW TO UNDERSTAND LAND TITLE AND DOCUMENTS*

-Real Estate Coach Spark shares this, though copied, but I feel we should go through it.


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.


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

Getting cheap lands in Uyo has to do with acquiring lands from the owners. Buying lands from owners gives one the opportunity to buy at the exact worth.



Many Land agents actually increase the prices of lands of lands in Uyo, making it look too high.



Here, you are given a tip on buying Uyo Lands at relatively cheap prices. If you don't need to get too close to the owner, you can get to his / her relative. By this, you won't experience the price hikes by some agents.



It's not as if as agents are bad, but the truth is that some agents actually make things difficult for other people. You need to get agents that also own properties, thereby sell the properties as theirs. The good agents also sell on the right prices given by the owners, knowing that it is better to get commissions in a decent ways, thereby earn recommendations from their clients. We work with one of the best agents in Uyo. You don't need to think twice, they deliver adequately.



I'll be sharing a property that our perfect agent just shared in the next post, by the grace of GOD.



Remember, Investing in Real Estate is better than Savings.




Call Smart Resources on 08142586366 now for your cheap and affordable land/real estate properties in uyo