Farm @ Ogun State For Sale (with pics). - Properties (10)

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Farm @ Ogun State For Sale (with pics). - Properties (10) - Nairaland

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Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 9:24am On May 14, 2018

Location: Ashipa in Owode Local Govt. 15km from Sagamu, Ogun State.

Size of farm land: 5 acres +.

Type of farm:
* Piggery.
* Goats yard.
* Plantain, pawpaw, cassava plantations.
* water nipple drinkers.
* 24 standard rooms in steel posts.
* 3 Room Admin building at foundation level.
* Industrial bore hole with overhead PVC tanks.
* Also underground concrete water tank/reservoir.
* About 180m wire mesh perimeter fence with gate for vehicles.

Title: Deed of Assignment etc.

Price: #25,000,000. Negotiable.

*** More pics available on request ***

Call 08186161605, 07060495156 for more info/inspections.
BlackBerry pin: 2C0E5627.

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Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 5:10pm On May 14, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 8:03pm On May 14, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 9:34am On May 15, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 1:59pm On May 15, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 5:02pm On May 17, 2018

Location: Ashipa in Owode Local Govt. 15km from Sagamu, Ogun State.

Size of farm land: 5 acres
Type of farm:
* Piggery.
* Goats yard.
* Plantain, pawpaw, cassava plantations.
* water nipple drinkers.
* 24 standard rooms in steel posts.
* 3 Room Admin building at foundation level.
* Industrial bore hole with overhead PVC tanks.
* Also underground concrete water tank/reservoir.
* About 180m wire mesh perimeter fence with gate for vehicles.

Title: Deed of Assignment etc.

Price: #25,000,000. Negotiable.

*** More pics available on request ***

Call 08186161605, 07060495156 for more info/inspections.
BlackBerry pin: 2C0E5627

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 8:28am On May 18, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 9:04pm On May 18, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 7:23am On May 19, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 9:03am On May 19, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 5:23pm On May 19, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 8:14am On May 20, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 9:37am On May 20, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 9:49am On May 20, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 6:55pm On May 20, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 9:25am On May 21, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 8:25pm On May 21, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 8:35am On May 22, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 3:57pm On May 22, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 10:36pm On May 22, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 8:38am On May 23, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 6:01pm On May 23, 2018

Re: Farm @ Ogun State For Sale (with pics). by ofemco: 6:29pm On May 23, 2018

Verify That Property Before You Buy It. Don't Trust The Vendor Or His Agent.

Why Verify That Property Before You Buy It?

One of the important factors to be considered by prospective buyers/investors is the findings as to ascertain with precision that the land/landed property is not under government acquisition. One of the checklist question s the prospective buyer or his solicitor must ask the vendor at the investigation stage is about the status of the land vis-a-vis government acquisition. However, the vendor is not under any obligation to disclose any defect in his title and therefore most of the time, they are silent on the issue of government acquisition. If you ask them about whether the land is under government acquisition or not, they are most likely going to tell the prospective buyer that it is not under any acquisition. The prospective buyers/investors should presume that the pieces of information gotten from the vendors are false until otherwise is proved by conducting land search. The vendor’s agent will want to persuade the buyer into believing that the land in question is the best the buyer could get at a given price around the place where the land is situated. One of the reasons why the vendors don’t normally disclose such a defect is that they believe that government cheated them in the first instance by acquiring their customary/family land.

What it means by government acquisition?

Government Acquisition - POWER TO COMPULSORILY ACQUIRE LAND, DEMOLISH/CONVERT PROPERTY AND TAK E OVER LAND BY THE GOVERNMENT. People do ask whether or not they have constitutional protection against compulsory acquisition of their family or personal land against compulsory acquisition of land by the government. Our answer is that it is their constitutional rights to own and use land and landed property in any part of Nigeria irrespective of their tribes, colour , birth, religion, political parties, according to the provision of Sections 43 and 44 of 1999 Constitution of the Federal Republic of Nigeria (as amended). The constitution went further to provide assurance to all citizens that no property shall be taken possession of or acquired compulsorily except in the manner and for the purpose prescribed by a law, (See Section 44 of Constitution of the Federal Republic of Nigeria 1999 (as amended).

By virtue of Section 28 of the Land Use Act, 1978 it is lawful for the governor to revoke a Right of Occupancy whether statutory or customary for ‘OVERRIDING PUBLIC INTEREST’ and once the right of occupancy is revoked, the landed property stands acquired, and the title of the holder of such right is thereby extinguished. Anybody that is found on the land after the acquisition is no more than a trespasser, unless he is there with the consent of the Governor. Henceforth, nobody can claim or exercise possessory or ownership right over the land except the Governor of the state where the land is situated. Because of the foregoing, if by the buyer’s omission, negligence, action or inaction he buys a landed property that is under acquisition from any acclaimed owner, he has been scammed.

Once the need for a compulsory land acquisition is for overriding public interest, the procedure is simple. Where Governor intends to compulsorily acquire land, the Governor (or through his staff) is to issue a “NOTICE” to the holder of the right of occupancy of the desired land. The Notice must declare that the land is required by the government for public purpose. At the issuance of such notice the right of occupancy will be revoked. Once such is done, the governor has compulsorily acquired the land. There cannot be a valid compulsory acquisition of land without a “Notice” to the holder o f the right of occupancy. This is the procedure laid down in Section 28 sub section 4 of the Land Use Act, 1978.

Why you should not buy government acquisition?

The major problem of buying a landed property that is under acquisition is that the buyer can not perfect his document: he can not get even a simple Survey plan approved or lodged at the Surveyor General’s office let alone getting a Certificate of Occupancy. The buyer can not get an approved Building plan and such landed property can not be used as collateral to secure loan. If a building is erected on such a land, it could be demolished anytime by the Government.

Types of acquisition and their implication?

There are two types of acquisition:
Committed acquisition and
Uncommitted, Global or General acquisition
A Land under Government Acquisition , that is COMMITTED, is a land acquired by the Government for a specific and specified purpose and use and the Government ’s plan on the land is clearly stated e.g Government estates, Roads, Government Schemes, Hospitals, Schools etc . This land might have been acquired for years by the government without doing anything on it. The fact that the land has being built upon by a large number of people does not make any different because the houses could be destroyed within days when Government is ready to use it. Such a committed land belongs to government forever and can never be available for individuals.
Lands that are under uncommitted, general acquisition or global acquisition can later be confirmed ‘free’ or ‘committed’. This is solely at the discretion of the Government. The government may decide to release the said uncommitted acquired land to people who have illegally bought the Land from Omoniles depending on whether or not the Government needs the land for a specific purpose or not and if the acquired lands will not disrupt any regional or urban planning regulation.

RATIFICATION /REGULARISATION

“Ratification/Regularization is a policy of grace that is given to a trespasser on uncommitted Government Land. This is the opportunity or privilege available to a buyer who came into the land illegally through wrong purchase from omoonile , to obtain legal title to the land encroached upon from the State Government. It is the process of allocating Government land to someone who had previously occupied landed property without lawful authority from the State Government”.

CONDITIONS PRECEDENT TO REGULIRISATION OF LAND THAT IS UNDER UNCOMMITTED GOVERNMENT ACQUISITION
( i ) That the property must not be situated in a Government Scheme, Estate or Committed Area; and
(ii) The property must be situated within an area that conforms with Urban and Regional Planning regulations and standards of the State.

Any land that does not conform with Regional and Urban Planning Regularization, will not be able to pass the test of ratification.

HOW TO DISCOVER THAT A LANDED PROPERTY IS UNDER ACQUISITION

The best means through which you can verify whether a land is under acquisition or not is to visit the site in question with land surveyors who will take the coordinate of the land and chart it at the land registry of a state where the land is situated.

In conclusion, it is advisable and economically wise for prospective buyers to chart a landed property to confirm whether it is under acquisition or not. The buyers/investors should not be deceived by the fact that a landed property is within a developed community. A whole community might be under government acquisition.

NOW THAT YOU KNOW, WHAT SHOULD YOU DO?

Call us, our team will come to the site, take the coordinate of the land and chart it at the land registry of a state.

Call 08065674312, 08021181967 or Email: ofemco@gmail.com Website: www.landverification.ofemco.com

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 10:46pm On May 23, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 9:13am On May 24, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 9:21am On May 24, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 3:04pm On May 24, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 8:34am On May 25, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 4:44pm On May 25, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 8:22pm On May 26, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 7:51pm On May 27, 2018

Re: Farm @ Ogun State For Sale (with pics). by lakeside50(m): 9:06am On May 28, 2018

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