Documents: Grant of Probate and Letter of administration

Baba Efe passed on leaving his 3 children with 5 properties in different locations.

He has a will wherewith he had assigned 3 out of the 5 properties to each of his children. But the remainder was not even mentioned in the will, probably because he just acquired them and hasn't updated his will, so the family head decided that his wife should have them.

Gosh!
What has this got to do with the topic?
Calm down, let us land!

So, Madam Uloma, a regular property investor like you with eyes for good things, when she heard that two of Baba Efe's properties were put on a distress sale.

She quickly jumped on thee offer, contacted her agent and closed the deal.

Madam Uloma was happy that she got a good deal and she decided to perfect her title immediately.

Only then did she find out that two documents are missing.

Those documents are what we are going to discuss under this post:


1.Grant of Probate: this is a legal document that gives an executor of the estate of a deceased the legal right to administer the estate, where the deceased has a will.

In layman terms, the grant of probate is needful when the deceased has relinquished the right to possess and manage his property to another person in his will. It accords the benefactor the legal right to manage such property.


2. Letter of Administration: in a situation where the deceased has no will, an administrator/ representative agreed upon by all members of the family would then apply for a letter of administration.

Like the Grant of Probate, the Letter of Administration also confirms the administrator's authority to deal with the deceased person's property


In our introductory story Madam Uloma could not perfect her documents because there is no legal document that gives whoever sold Mr Efe's property the right to do so.

Invariably, there was a break in the chain of things as the name on the property document is different from that of the Deed of Assignment.

When we say hire FloraHomesGC to help you verify before you pay for any property, this is one of the many reasons you should take that advice seriously.

We would not stop at verifying the property alone but also go on to find out about the sellers and their connections with previous owners/ sellers…

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Property Verification and Real Estate Investment Company located in Lagos, Nigeria. We work across every State.

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