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Some Land Terminologies You Need To Know (part 2) - Properties - Nairaland

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I Have Some Land For Sale In Ogun State (ifo, Itori, Sango Ota And Lagos) / How Well Do You Know Some Land Documents And Titles? / Some Land Terminologies You Need To Know (part One) (2) (3) (4)

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Some Land Terminologies You Need To Know (part 2) by Chibu100(m): 7:50am On Jan 29, 2021
• Hectare: A unit of area in the metric system equal to 10,000 sqm or about 2.47 acres.

• Partition: The legal process by which a parcel of land is divided between several joint owners.

• Survey: The drawing and accompanying text prepared by a surveyor showing the boundaries of a tract of land, to determine the boundaries and size of a piece of property.

• Title: Ownership of a specific tract of land, the document stating the ownership.

• Due diligence: This is done by the buyer to fully examine a property, often by hiring experts to inspect the property, perform tests etc.

• Offer: This is the initial price offered by a prospective buyer to the seller. A seller may accept the offer, reject it or counter with a different offer.
Re: Some Land Terminologies You Need To Know (part 2) by Nobody: 7:52am On Jan 29, 2021
That one no say make Omo onile no run you

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