Why would an individual be issued a receipt for arguably the most important acquisition in his life and yet he’s not presented with one of the most consequential documents in land ownership?

A lot of people make this mistake in their desperate bid to acquire land in the most populous black nation in the world. You may want to attribute this to ignorance or is it the excitement that envelopes them as the reality of owning land dawns on them? In their euphoria, they are fed with lies and placed under undue pressure by the omonile to part with their high-earned money. They buy a property without really buying it in the actual sense because the transaction had little or no form of legality when even the so called ‘omonile’ is not the actual owner.
A lot of Nigerians have fallen for this property scam in a country where affordable housing is not affordable. They cry blue murder when they had actually murdered their own happiness with their lopsided actions. Many of them are actually the architects of their own misfortune.

That brings us to this question; What is a deed of assignment?
A deed of assignment is any legal instrument in print which validates the agreement between the seller of a land or property and the buyer of that land or property. This legal evidence of property transaction that affirms or confirms the interest or right to own a landed property is signed, attested, delivered and in some jurisdiction sealed. The person or seller who transfers his rights or interests in that property is usually called the Assignor and the person who receives such right or interest from the seller is called the Assignee.
A Deed of Assignment therefore is an agreement where an assignor states his promise that from the date of the assignment or any date stipulated therein, the assignor assigns his ownership in that land to the assignee. The deed contains very pertinent information for a real estate transaction. For one, it spells out the date when the ownership of the property transfers from one owner to the other. The deed also gives a specific description of the property that is included in the transfer of ownership. Mostly, the banter between the buyer and the seller of the property in question in the form of the deed of assignment has to be recorded in the land registry to show legal proof and to bring to the notice of all and sundry that the property has exchanged hands.

The delicate nature of transactions that deals with landed properties especially that involving any omonile makes the issuance of receipt for such important transaction null and void, hence a deed of assignment remains a veritable tool in binding the owner to the property. This is to avoid the confusion, assumption and waging war that ensues after the property has been transferred to the new owner.

The deed of assignment which can come in the form of a governor’s consent or registered conveyance must or should include: the names of the people to the agreement, the origin and history of the land in relation to the transfer or ownership chain from the specified period it was obtained till the present day of sale. This document should also signify the addresses of both parties involved in the transaction and how such is binding to all concerned, which includes, successors, friends, colleagues and their representatives in any capacity. The readiness, willingness and approval of the seller to give away the land at the agreed cost should also be indicated.

Also, the description and size of the land to be transferred, the signature of the parties to the Assignment and Witnesses to the Transaction among other things should be noted. Finally the section for the Commissioner of Oaths or Governors Consent to sign and validate the agreement.
These are the important features of a Deed of Assignment and must be included in all Documents for it to be valid.

Therefore, beware of a fake omonile who would issue just a receipt for a property as important as land and worse still in the absence of other family members. Don’t be a victim of shoddy land deals where several people lay claim to a single landed property.

Land swindlers come up with several tricks to dupe unsuspecting sometimes suspecting victims. These tricks come in various human form; they could bring unidentified people to pose as family members, tell you their family members died in the biafran war of 1967 or that he was the only survivor of the Dana airline plane crash that killed all on board including his six siblings and parents.
So, make sure you do all your CSI investigations and ensure that all land baggage come out in the open before you commit yourself to any transaction involving landed properties

Bottom line, always consult a property lawyer before you buy a land to help prepare a deed of assignment. It will be your greatest mistake if you don’t have one.
Don’t throw your money into a land of ball and chain, take care of the pennies and the pounds will take care of themselves.

invest in any of our property and be assured of good documentations.
call or whatsapp 08134845536

All our lands are totally genuine and free from government acquisition and omonile wahala.

Great and strategic locations throughout Nigeria.

Ibeju Lekki Lagos
Ikorodu Lagos
Attan Ota ogun state
Awka anambra state
Asaba delta state
Owerri imo state

If you are interested in acquiring a property at any of this locations kindly call or whatsapp Mr David on 08134845536

MY REAL ESTATE EXPERIENCE WITH SOME CLIENTS
Land is the only thing on this planet that have been in existence since creation. Almost 90% of our activities takes place on land.
Am using "Ibeju-Lekki " as a case study. Ibeju-Lekki is a local government in the Epe division of Lagos state, Nigeria. The area is the center of tourism as it is endowed with beautiful lagoon and attractive ocean fronts. It's the fastest growing area in the Sub-Saharan Africa.
In the course of my real estate experience with some clients I took to the site for inspection, on reaching the site you can sense the sudden change on their face, looking very disappointed. They said "this place is very far, everywhere is bushy. It'll take 10 years before it starts developing". I usually tell them - the EKO ATLANTIC, BANANA ISLAND, LEKKI, VICTORIA ISLAND, and the IKOYI of today was once a thick bush. All these places that boast of the finest mansions & skyscrapers did not develop over night, but through gradual process of investment.
If all these affluent locations that was once a thick bush lying in utter desolation, could be the finest place to live in today, how much more? Ibeju-Lekki that boast of mega industries, infrastructure and development.
Such as :
DANGOTE REFINERY,
LEKKI FREE TRADE ZONE, LEKK-EPE INTERNATIONAL AIRPORT,
LEKKI DEEP SEAPORT, FOURTH MAINLAND BRIDGE,
LA CAMPAGNE TROPICANA BEACH RESORT
ELEGANZA WORLD
PAN ATLANTIC UNIVERSITY
e.t.c.

There is no doubt that these areas will be the most expensive place to live in the near future.

Those that are enjoying all these affluent locations in Lagos today are those smart investors who had foresight and saw the potentials in these areas, and took the bold step and invested into these locations. Today they have made over 1000% profit of their total cost of investment.

Today Ibeju-Lekki is crying out loud and beckoning on smart investors to come and invest in her. When you invest in Ibeju-Lekki you stand a chance of getting 300% return on investment (ROI) in 2 - 3years time. Financial experts have predicted that in next 5-7 years from now, a plot of land will cost 50 million to 200 million.
Real estate investment is the only asset that appreciate with time. So invest today and leave an inheritance for your children.

Take that bold step today and invest in any of our garden estate scheme below :

1) Lekki Palace Estate Phase One
Title= C of O
Commercial Plot= 10million naira
Vip Plot= 6.5million naira
Prototype Plot= 5million naira
Location= Facing the expressway on coastal road.
Immediately after dangote refinery project.

2) Lekki Palace Estate Phase Two
Title= Excision
Vip Plot= 4.4million naira
Prototype Plot= 3.6million naira
Location = off Lekki -epe expressway in eluju town before eleko junction Ibeju Lekki

3) Lekki Palace Premium Estate
Title= Excision
Vip Plot = 2.8million naira
Prototype plot = 1.6million naira
Location= eleranigbe community Ibeju Lekki close to the new airport.

4) Lekki Ocean View Estate
Title= Excision.
Vip Plot= 5.2million naira
Prototype Plot= 4million naira
Location = coastal road, facing the expressway by Itamarun community. Close to lacanpine tropicana beach resort.

For site inspection, enquiries or purchase kindly call or whatsapp Mr David on 08134845536

All our properties are fully documented and totally free from government acquisition and omonile wahala.

Acquire a plot of land from us today and you won't regret it.

Call or whatsapp Mr David on 08134845536

LEKKI PALACE ESTATE PHASE ONE
LEKKI PALACE ESTATE PHASE TWO
LEKKI PALACE PREMIUM ESTATE
LEKKI OCEAN VIEW ESTATE.
This estates are all free from government acquisition and omonile wahala. They are all in great locations that appreciates after 12months of purchase.
Hurry and call or whatsapp 08134845536

Please share a pic of a sample Deed Of Assignment.

Thanks.

EgunMogaji:
Please share a pic of a sample Deed Of Assignment.

Thanks.

this is the cover of a deed of assignment.

it's usually prepared by a lawyer and it's a VERY IMPORTANT document to seal a land transaction.

if you are buying land from either a real estate firm or an omonile and they aren't talking about deed of assignment please run away.

Always insist on a deed of assignment.

and make sure you do your due diligence before parting with your money on any property.

complements of the season to u.

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be 100% sure of the lands you are buying at Ibeju Lekki.
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be 100% sure of the lands you are buying at Ibeju Lekki.
call us today on 08134845536. we are your choice realtors.

we have got you covered on genuine lands at strategic locations like : Ibeju Lekki, ikorodu, Attan Ota, Asaba, Awka Owerri
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