YOU MUST MAKE SURE TO BE CONVERSANT WITH THESE VARIOUS DOCUMENTS BEFORE GETTING ANY PROPERTY.

1)Survey Plan.

2)Deed of Assignments.

3)Excision.

4)Gazette.

5)Certificate Of Occupancy (C of O).

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. 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

The pictures on what a survey plan look like below.

DEED OF ASSIGNMENTS

A Deed of assignment is one of the transactional documents drawn up by a real estate attorney between the current title holder for a particular property and the new buyer.
In real property transactions, a deed of assignment is a legal document that transfers the interest of the owner of that property to the person to whom it is assigned, (the assignee). When ownership is transferred, the deed of assignment shows the new legal owner of the property.
The deed contains very pertinent information for a real estate transaction. It spells out the date when the ownership of the property was transferred from one owner to the other. The deed also gives a specific description of the property that is included in the transfer of ownership.

EXCISION

An Excision means basically taking apart from a whole and that part that has been excised will be recorded and documented in the official government gazette of that state. In other words, not having an excision means the land could be seized by the Government anytime without compensating you, even if you bought it “Legitimately” from the Baale or the Original dwellers on the land.

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. 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.
If the government based on some reasons best known to them decides to revoke or acquire your land (when it is located within a gazetted area), you will be entitled to compensation.
The best way to know whether a land is under acquisition or falls within an excised/gazetted area is to get a surveyor to chart the site and take it to the surveyor general’s office to do a land search.

CERTIFICATE OF OCCUPANCY


A Certificate of Occupancy, also known as the C of O is a document issued by state governments in Nigeria to landowners and property buyers as a legitimate proof of ownership.

A Certificate of Occupancy (C of O) officially leases land to you, the applicant, for 99 yrs.

These are the important documents a prospect should be aware of before purchasing a property,it can be either land or building.

what about consent?

ShafebProperty:
what about consent?

Consent is an act of going into an agreement with the estate/agent you want to get the property from but those documents listed above is very Paramount. Consent given after being provided with fair and full disclosure of all the facts necessary to make an intelligent decision after weighing the relative pros and cons related to the property. It anyway helps to reduce fraud, mistake, undue influence.etc

Land Classification

Land can be classified as either free or acquired. A parcel of land is considered free if the government has not indicated any interest whatsoever in that land. Such land is safe to buy because the title on the land can be perfected without issues.

smiliyB:
Consent is an act of going into an agreement with the estate/agent you want to get the property from but those documents listed above is very Paramount. Consent given after being provided with fair and full disclosure of all the facts necessary to make an intelligent decision after weighing the relative pros and cons related to the property. It anyway helps to reduce fraud, mistake, undue influence.etc

thank you, meaning consent is different from " GOVERNOR'S CONSENT"

[quote author=ShafebProperty post=59472169]

Since you know it very well,what's the aim of asking about...I drop all those info for the novice that want to get a property. Information is the Key.

There are two types of Land Acquisition:
1. Committed Acquisition 2. Global / General Acquisition.

Committed Acquisition


A parcel of land is said to be under committed acquisition when the government has indicated an intention to use that land for a specific purpose such as provision of amenities.
Such lands belong to the government and can never be available for use by individuals. If you purchase land that is under committed acquisition, it will be impossible for you to perfect your land title and you’ll only be occupying the land until the government decides it needs to make use of it.

Global or General Acquisition


Lands that are under “general acquisition” or “global acquisition” can later be confirmed “free” or “committed” as the case may be.
A land under general acquisition can become free by a process called excision.

“EXCISION is a process whereby the government releases a portion of an expanse of land that is not committed” If a parcel of land that was formerly under acquisition becomes excised; it is then considered free and becomes gazetted.

The Gazette then becomes the title of the land and such land is safe to buy because a proper title can be processed on the land.

Important documents in Real Estate.

smiliyB:
Important documents in Real Estate.

wow, this is educative. l want to build a career in real estate. I finished service last year and will like you to avail me any write up or post that will help me in this regards. your experience will be welcomed

kalu61:
wow, this is educative. l want to build a career in real estate. I finished service last year and will like you to avail me any write up or post that will help me in this regards. your experience will be welcomed

Alright dear,that will be great.you can pm for more information.

smiliyB:
Alright dear,that will be great.you can pm for more information.

l will. Thanks