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Relevant Documents To Acquire When Purchasing A Land. - Properties - Nairaland

Nairaland ForumNairaland GeneralPropertiesRelevant Documents To Acquire When Purchasing A Land. (757 Views)

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Relevant Documents To Acquire When Purchasing A Land. by Treash(op): 11:41pm On Apr 04, 2020
i. Approved survey plan: This is an important title document that helps to reveal the true ownership status in any land and landed properties’ transactions. It also helps to reveal if such land is not under any government acquired or committed lands/area.

ii. Approved layout

iii. Deed of assignment: A deed of Assignment is a legal document that records the transfer of ownership of a real estate property from one party to another. It states that a specific piece of property will belong to the assignee and no longer belong to the assignor starting from a specified date.

iv. Purchase receipt: this is the evidence of due payment of the purchase of the land and it is usually required when registering the land.

v. Certificate of Occupancy: this is one of the most important land title documents that is used to certify the legal ownership status of any land in Nigeria irrespective of its usage. It is usually delivered to the owner of a parcel of land by the government. However, where there was an earlier grant of C of O to the previous owner, all you need to do is to perfect your title. Perfecting your title means you will apply for Governor's consent, stamping and registration.

vi. Power of attorney: this is usually required where a person is acting for another person, individuals or companies as his agent. It is a document that authorizes such person to act on their behalf.

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Re: Relevant Documents To Acquire When Purchasing A Land. by Treash(op): 9:25pm On Apr 06, 2020
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