These terms are used in the Real Estate industry and oftentimes, people confuse the use of these terms. If you are in this Whatsapp group, then start packing your things because we are about to take you to the next level.

Let’s begin with what each of these terms means

1.Rectification from the word “Rectify” means to correct a huge mistake in a document. In this instance, the mistake could be the wrong spelling of name, omission, wrong date, etc in any of the Instruments used for executing a land title.

2.Ratification which is also known as regularisation means getting formal consent to a contract or agreement. This is usually necessary in the case where the landed property does not have a registered title already or was revoked, then ratification would be the step to get the Government to consent to the transfer of such property.

Now, let’s look at the processes required for the Rectification and Ratification of land titles.

1.Rectification can be achieved in two ways depending on whether the instrument with the error has been registered or not.
In cases where the instrument has not been registered, then the parties involved would get a lawyer to prepare another document on which the corrections would be effected and the previous document would be rendered void.
On the other hand, if the document bearing the error has been registered at the ministry of land before the error is detected, then a deed of rectification must be prepared and submitted alongside some other documents like an application letter, an affidavit with a passport photograph, Valid means of identification and newspaper publication at the ministry of lands.

2.Ratification can be done by buying the land again from the state Government, that way it would be issued a certificate of occupancy. The steps include obtaining a regularisation form to be submitted with a survey (where necessary), proof of payment of the required amount, and other documents as required.
It is worthy of note that land can only be ratified if these two basic conditions are met;
The land is not in a Government committed area
It aligns with the Urban and Regional Planning standards and regulations.


Tadah!!

And that is it!
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FloraHomes Global Consult Ltd.
Property Verification and Real Estate Investment Company located in Lagos, Nigeria. We work across every State.

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