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Nairaland Forum / Nairaland / General / Properties / Please Avoid This Land Investment Mistake (21211 Views)
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Re: Please Avoid This Land Investment Mistake by Nobody: 4:30pm On Jan 14, 2018 |
If he has C of O it's a simple matter. He owns the land and the boarding school on it. It doesn't matter if he has left the land for two decades. |
Re: Please Avoid This Land Investment Mistake by ophilly: 5:05pm On Jan 14, 2018 |
c733d: Gbam..... |
Re: Please Avoid This Land Investment Mistake by valentineuwakwe(m): 5:22pm On Jan 14, 2018 |
I see this man as getting too much money sha....how would you buy a land and not fence it with gate knowing too well you are not yet ready to build on it. ....where was he all this while and where him mind dey since these past ten yes.....this man self.... |
Re: Please Avoid This Land Investment Mistake by arrestdarrester: 5:34pm On Jan 14, 2018 |
c733d: Not really. If the boarding school has an older C of O, then he was scammed. If his C of O is same time as the boarding school (it can happen in Naija, no ask me how Ooo), then he has lost as the only person known to be 'occupying' at the earliest material time was the boarding school. If his C of O is much older than the boarding school, then the boarding school was scammed! 2 Likes |
Re: Please Avoid This Land Investment Mistake by BabylonCruise(m): 6:59pm On Jan 14, 2018 |
slawomir:Noise maker. 1 Like |
Re: Please Avoid This Land Investment Mistake by fm7070: 7:32pm On Jan 14, 2018 |
He can resell the land to the owner of the hostel, that is after rigorous litigation process |
Re: Please Avoid This Land Investment Mistake by ArodeTsolaye: 7:32pm On Jan 14, 2018 |
He was careless. The boarding school won't leave without litigation. He should get ready for another 10 years of court case at the high court and another 10 years at the Appeal court. The useless judicial system of the zoo is only meant to enrich lawyers and Judges not to disseminate and fast-track Justice to people who seek for it. 2 Likes 1 Share |
Re: Please Avoid This Land Investment Mistake by GoldNiagara(m): 8:02pm On Jan 14, 2018 |
arrestdarrester: Cofo isn't even a good root of title. So don't bank too much on Cofo chief. If you derive your root of title from a defective root of title. There is limitation of time for bringing a suit in respect of land otherwise you extinguished your right in perpetuity to the land. Yeah it is 12 years limitation of time. 2 Likes |
Re: Please Avoid This Land Investment Mistake by kenoz(m): 9:11pm On Jan 14, 2018 |
Nice info Thanks op |
Re: Please Avoid This Land Investment Mistake by Akainzo(m): 11:14pm On Jan 14, 2018 |
GoldNiagara: It is already too late! The Supreme Court of Nigeria has already settled this. If he never informed the church of their trespass during the construction stage, he has lost title to the land.. The SC has that stand to prevent people waiting until someone completes building and then trying to take ownership of his structure by claiming the land. If you didn't notify the trespasser earlier and he / she takes possession and completes the structure, you are too late! |
Re: Please Avoid This Land Investment Mistake by Jhamzy(m): 12:18am On Jan 15, 2018 |
drewe20: Best way is to fence it round, give it out on a lease and still visit there routinely. And also put a big sign that the land is not for sale. |
Re: Please Avoid This Land Investment Mistake by 400billionman: 1:03am On Jan 15, 2018 |
My mind is telling me, the land has changed ownership. The owner of this thread is a professional architect and he has refrained from commenting. Already a completed structure stands on the land. |
Re: Please Avoid This Land Investment Mistake by DedeNkem: 4:00am On Jan 15, 2018 |
How could someone buy a land and never visited it for 10 years. On the other hand, how could someone steal a land and develop it. When I buy a land I fence it. The fence keeps land grabbers away. |
Re: Please Avoid This Land Investment Mistake by drewe20(m): 4:55am On Jan 15, 2018 |
ihebrooke: Not yet. He is working on it. It is a very recent case. |
Re: Please Avoid This Land Investment Mistake by drewe20(m): 4:56am On Jan 15, 2018 |
Re: Please Avoid This Land Investment Mistake by drewe20(m): 4:58am On Jan 15, 2018 |
manmidtexy: You are welcome |
Re: Please Avoid This Land Investment Mistake by drewe20(m): 5:01am On Jan 15, 2018 |
blessed2018: Yes he can because he has C of O. |
Re: Please Avoid This Land Investment Mistake by drewe20(m): 5:03am On Jan 15, 2018 |
valentineuwakwe: Fencing a land of almost 2 hectares costs a lot of money. |
Re: Please Avoid This Land Investment Mistake by drewe20(m): 5:05am On Jan 15, 2018 |
DedeNkem: Fencing a land of almost 2 hectares is very expensive |
Re: Please Avoid This Land Investment Mistake by drewe20(m): 5:07am On Jan 15, 2018 |
fm7070: Yes. This is one of the options he has.All the man wants now is money. He doesn't want the land. |
Re: Please Avoid This Land Investment Mistake by GoldNiagara(m): 6:37am On Jan 15, 2018 |
Akainzo: Please give me the case and the citation of the case. Most obliged! |
Re: Please Avoid This Land Investment Mistake by GoldNiagara(m): 8:11am On Jan 15, 2018 |
Akainzo: I doubt supreme Court will we aside the ageless principle of quic quid platatur solo solo cedit, that he who owns the land owns what is on it.Still waiting for the case and citation. |
Re: Please Avoid This Land Investment Mistake by DedeNkem: 1:52pm On Jan 15, 2018 |
drewe20: Isn't it more expensive now that someone stole it long time ago? |
Re: Please Avoid This Land Investment Mistake by Nobody: 2:28pm On Jan 15, 2018 |
arrestdarrester: There's nothing like older or newer C of O. You either have C of O or you don't. |
Re: Please Avoid This Land Investment Mistake by drewe20(m): 6:35am On Jan 15, 2019 |
GoldNiagara: Are you a lawyer? |
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