There is an old English proverb, "Precaution is better than cure", which would be most appropriate when buying an immovable property.

Although there are several laws in place that protect a purchaser of property, self-help is the best help and one must do due diligence before buying property.

Although the below mentioned list of precautions to be taken are not exhaustive, some of the important aspects one must look at are briefly as follows, though they may vary case to case:


Title of property

Clear title to a property is one of the most important factors to be considered before purchase. There are various means to investigate the title such as:

(i) by studying the documents of title to ensure that the owner has proper ownership to the property. The documents of title should be studied very carefully as any shortfall may lead to a defective title.

(ii) taking inspection of the original title deeds.

(iii) taking search of the land records and the records of the Sub-Registrar.

(iv) taking search of the records of the society where the property is in a society.

(v) issuing public notice in newspapers calling for claims in respect of the property.

Inspect sanctioned plans
Sanctioned plans and commencement certificate by the concerned authority should be inspected, especially for buildings under construction.

If the building is not built in accordance with sanctioned plans, the completion certificate will not be granted. For buildings that are complete, occupation certificate/completion certificate should be verified.



Permitted user and Restrictions
This aspect should be verified as well. For example, one should see whether the property is residential or commercial as per the Development Control Regulations. Other factors such as heritage rules, set-back for road widening may apply to certain buildings, which should also be considered.

Documentation
Proper documentation should be put in place for purchase of the property. The sale document should be properly stamped and registered and the original title deeds should be taken by the purchaser from the seller.


Agreement must be witnessed by two individuals
The agreement should also state that all the dues related to the property have been cleared before it is transferred. The contract must fully indemnify the buyer against any disputes related to the title and possession of the property. The agreement provides information regarding the payment made by the buyer, including details of the mortgage, if any. It also outlines the property's location and the municipal, district or collector's land record number. The chronology of construction and handing over of the property is included. The agreement must be witnessed by two individuals from the seller's side. Besides, the agreement also contains the mode of payment, details of occupancy certificate, and insurance of the building.

https://www.youtube.com/watch?v=q_hqBFdHCqs


https://www.youtube.com/watch?v=9-o9CQUc9a8&feature=youtu.be

Investment Opportunity You Can't Resist.

Enjoy a 10% discount on outright purchase, and access to 6mths, 12mths, 18mths, 24mths, 30mths & 36mths instalment plan available.

Our offers:

1. Masters Villa (Awoyaya, Ibeju Lekki) – with proposed Governors Consent @N8m – 900sqm

2. Amazing Grace Phase 1(Eluju, Ibeju Lekki) – with excision @N5m -550sqm

3. Amazing Grace Phase 2 (Eluju, Ibeju Lekki) – With excision @ N3.5m – 600sqm

4. Gardenia Homes (Igbojiya, Ibeju Lekki) – With C of O @ N3m – 600sqm

5. Almonds & Vines Phase 1 & 2 (Bolorunpelu, Ibeju Lekki) with Registered Survey @ N3.5m 550sqm

6. Almonds & Vines Phase 1 & 2 (Bolorunpelu, Ibeju Lekki) with Registered Survey @ N2.5m – 600sqm

7. Adora Gardens (Ilamija Nla, Epe, Lagos) with Gazette @ N2.5m – 600sqm

8. Hills Gardens (Mojoda, Epe) with Registered Survey @ N900, 000 – 600sqm

9. Citadel of Dreams (Akodo Ise, Ibeju Lekki) with Registered Survey @ N4m – 550sqm

10. Akodo Peninsula (Imedu, Ibeju Lekki) with Registered Survey @ N3.5m – 600sqm

11. Heavens Paradise Phase1 (Imosan, Ibeju Lekki) with Registered Survey @ N1,200, 000 – 600sqm

12. Heavens Paradise Phase 2 (Imosan, Ibeju Lekki) with Registered Survey @ N800, 000 – 600sqm

13. Beech Gardens & Homes (Lekki LCDA) – with C of O @N3.5m – 600sqm

14. Aster Homes & Parks (Okun Ise, Ibeju Lekki LCDA, Lagos) – with excision @N3m -600sqm

LEKKI ROSE GARDEN ESTATES
Price: 4m
Size:600sqms
Location: Oshoroko Community, Ibeju-Lekki
Title: CofO
Limited plots available.




SYLVIA GARDENS
LOCATION: 3 MINUTES AFTER LA’CAMPANE TROPICANA BEACH RESORT, IBEJU-LEKKI
TITLE: REGISTERED SURVEY/EXCISION-IN-PROCESS
PRICE:₦700,000
SIZE PER PLOT:600SQMS



GRACIAS GARDENS SCHEME 1
LOCATION: ELEKO JUNCTION, IBEJU-LEKKI
TITLE: GAZETTE
PRICE:₦3,000,000
SIZE PER PLOT:600SQMS



GRACIAS GARDENS
LOCATION: LUGBE, ABUJA
TITLE: GAZETTE
PRICE:₦4,000,000
SIZE PER PLOT:600SQMS




ROYAL HAVEN GARDEN
Location: Akodo lse, Ibeju Lekki Lagos.
Price: 600k
Title: Excision in Process
New price: 750K



Lekki Crystal Garden
Location: Oshokoro town, ibeju-lekki
Price: N2,500,000
3 months installment: N 2,800,000
Title: C of O



SYLVIA GARDENS
Location: 3 minutes after La Capagne Tropicana Beach Resort Along the lekki Free Trade zone, Ibeju Lekki, Lagos
Title: Registered Survey
New Price 700K





ROYAL HAVEN GARDEN IKORODU
Location: Agbowa Ikorodu
Price: 750K
Title: Register Survey
New price 800K





BLEVIC GARDEN 2
Location: Igbogun Road, Ibeju Lekki.
Size per plot: 600 square metres
Price: 800k Per Plot
Title: Excision in Process
New Price 900K


LEKKI ROYAL GARDEN
Location: Oshoroko Town, Ibeju Lekki Lagos.
Title: Global C of O
Price: 4M



PALMSVILLE COURTS
Location: Orimedu Ibeju Lekki Lagos.
Title: Proposed Excision
Price 3M


EDGEWOOD COURTS
Location: Magbon Ilado Ibeju Lekki Lagos.
Title: Proposed Excision
New Price 3M




WOLVERTON COURTS
*Location: Magbon Ilado Ibeju Lekki Lagos.
Title: Excision
New Price 2M


CHERRY WOOD EXT.
Location: Along lekki free trade zone
Price: 3.5million per plot
Title: Global C of O



SANDFIELD COURT
*Location: Along lekki free trade zone.*
Price: 4.5million per plot
Title: Global C of O



UPTOWN COURTS
Location: Along lekki free trade zone
Price: 3.5million per plot
Title: Global C of O



BROOKSVILLE COURT
Location: Ibeju Agbe Town, Ibeju Lekki
Price: 3.5million per plot
Title: Gazette




OCEANWOOD COURTS
Location: Lekki coastal Road East of Lekki
Price: 1.5million
Title: Excision



WHITE OAK COURTS
Location: Along the Lekki free Trade Zone
Price: 4million
Title: Global C of 0



DESTINY GARDENS
Located at Eleko Junction. Just before Amen Estate.
Title: Gazetted
Plot Size: 600 Sqm
Price: N4.4 million



OAKWOOD GARDENS PHASE 2
Location: Along the Lekki Free Trade Zone
Title: C of O
Price: N5.4m…
Allocation: Is ongoing
Plot Size: 600Sqm



OAKWOOD GARDENS PHASE 3
Location: Along the Lekki Free Trade Zone
Price: N4.8m (10% on Outright)
Allocation: Is ongoing
Plot Size: 600Sqm



PARADISE GARDENS
Plot Size: 600 sqm
Price: N3.150 million (Along the Lekki Free Trade Zone)
Current Status: Fenced. Close to the road.



CITY POINT GARDENS 1
Price: N1,500,000 (Lekki Free Trade Zone Area/After Lacapagne Tropicana)
Title: Gazette
Plot size: 600 sqm
Instalment Plan: 3/6/12 months instalment allowed.


AKODO PENINSULA
Price: N1,500,000 (Lekki Free Trade Zone Area/After Lacapagne Tropicana)
Title: Global Excision
Land Ratification is ongoing, hence C of \o will be issued.
Plot size: 600 sqm
Instalment Plan: N1,500,000 for 3 months instalment




KINGSTON GARDENS 1
Price: N750,000 (Lekki Free Trade Zone Area/After Lacapagne Tropicana)
Title: Global Excision
Plot size: 600 sqm
Instalment Plan: 3/6/12 months instalment allowed.



For enquiries, call/whatsapp 08124579981 or 08027493735
Email: shoproperties@yahoo.com

Tank farm.

1: Wesron waterfront land at Ijegun Egba Satellite Town, on 5 acres already sand filled, Cofo, DPR Approval to build tank farm, #1.2b.

2: 7 acres of waterfront land, at Ijegun satellite town, #1.5b.

3: 8 acres Prime land with cofo, at Ijegun satellite town, #1.5b.

4: 5 acres Prime land at Ijegun satellite town, #800m.

Lands suitable for filling station.

1: 1880sqm at 46, Adeniyi Jones, Deed of lease, #280m.

2: 1250sqm with a structure at 108, Adeniyi Jones, corner piece, cofo, #180m.

3: An acre at Egbeda Road, with demolishable building #250m.

4: 4 plots at igando on the road, cofo, #160m.

5: 1200sqm land, with a structure at 5,Ikorodu road, Jibowu Yaba, Lagos, cofo, #350m.

6: 1200sm2 land at 87, Ikorodu road, cofo, #170m.

7: Two and half plot at Egbeda bus stop, cofo #100m.

8: 2 plots at Iju /Ishaga road, cofo, #90m.

9: An acre at Old Ojo Road, Satellite Town, cofo, #150m.

10: 4 plots of land with hall at Governor Road, Ikotun, #100m.

11: 4 plots of land at Ajah Bus stop, cofo, consent, #250m.

12: 2,500 sqm of land (currently housing Chisco Transport) at Jibowu B/Stop Jibowu, Lagos Mainland, Lagos . Price-N450M net. Registered Conveyance.

Lands suitable for multi Purpose development.

13: 2 acres of land on the road Along idimu isheri,cofo, #200m..

14: 5 hectares of land with a complex at Iyana Isolo, Oshodi Apapa expressway, Isolo, Deed of Assignment, #3.5b.

15: 1.6 hectares of land with a complex used as for press centre near Airport Local complex, (MM2),Airport, Ikeja, cofo, #3b.

16: 4 hectares Along Lateef Jakande road, Agidingbi, Ikeja, R/C, #1.5b.

17: 4 hectares Along Oshodi Apapa expressway, Oshodi bus stop, Deed of Assignment, #3.5b.

18: 2 acres of land Opebi /Allen Junction, Ikeja, Deed of Assignment, #1.5b.

19: 5 acres at Anthony /Idiroko Maryland Lagos, #800m per acre.

20: 27,000sqm land at Oba Akran Ikeja, cofo, #3b.

21: 4 plots of land at Ago Palace way, very close to the road, cofo, #200m.


Call 08124579981 or 08027493735

Thanks Op...

Kindly check my signature to know the current price of Roofing Sheet in Nigeria....

I would rather build my own to my taste than to buy one

what about the property belongs to a couple but the other signatory is not in Nigeria. is the deal sealed?

Coughs***clears throat# the only property for sale here is NAIRALAND!!!!

Shine ur eye wella419 m$any before geting a ause

Thank you

Useful advice tho. But my people call on professionals. I'm a Surveyor. Seen a lot.

anonymuz:
what about the property belongs to a couple but the other signatory is not in Nigeria. is the deal sealed?

When purchasing say a family house, ensure the legal wife signs and if possible grown kids. And more care taken when purchasing from amongst siblings.

Thanks OP




__________________________________________
Meanwhile, 12 plots with survey available for purchase at Ibeju Lekki. Drop email for details

This instruction looks like what is lifted from US or U.K. It doesn't apply to Nigeria. Nigeria has the Land use act which makes documents like the C of O applicable. Please take this instruction with a pinch of salt and refer to the specific requirements in Nigerian states. The requirements in Lagos state for instance have been well discussed in the property section of Nairaland. Read through them as they are more useful and relevant than this.

Get a good lawyer!

Yes

legundarybeans:
Get a good lawyer!

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ShoProperties:
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nony43:
I would rather build my own to my taste than to buy one

cost of building one now and the stress ain't worth it you know

Dear Op: Do you have a newly built 4 bedroom ensuite bungalow for sale?

chukxie:
Dear Op: Do you have a newly built 4 bedroom ensuite bungalow for sale?

yes I do which location are you looking at ? Have got one in Abuja

ShoProperties:
yes I do which location are you looking at ? Have got one in Abuja

Sangotedo, Ajah axis...

chukxie:


Sangotedo, Ajah axis...

For sale:
4bedroom bungalow at South point estate by 2nd toll gate after Chevron 25m
4bedroom terrace at osapa 35m
3bedroom flat at ilasan 30m
3bedroom terrace at ikate 40m
4bedroom terrace with Bq swimming pool & gym 60m
670sqm at ilasan 30m

Call Shoproperties 08124579981 or 08027493735

chukxie:


Sangotedo, Ajah axis...

You can message me on WhatsApp have got lot more i can show you

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Brickhill Gardens extension. opp the new RCCG auditorium. @ 4m for 600sqm. limited plots

Brickhood court ibeju lekki @ 3m for 600sqm

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