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Nairaland Forum / Nairaland / General / Properties / What Should I Look Out For When Buying A Land? Help Guys (24239 Views)
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Re: What Should I Look Out For When Buying A Land? Help Guys by survLordmayor(m): 12:03pm On Jul 07, 2022 |
Contact a surveyor to follow you to the land and pick the geographical coordinates of the land. Then he will chart the coordinate on base map of lagos state to know the status of the land (weather the land is free from government acquisition or not). The result of the charting will help you to know the types of documents you should ask the seller. C of o, Gazette no, registered survey, family receipt incase if the land is free from government acquisition. Mind you government acquisition is divided into two. We have committed and acquisition. Committed land are no go area, cause is the land government have designated for public infrastructure or usage. ( just sad that some people buildings and investment are sitting or proposed fourth midland Bridge, coastal road e.t.c. ) please don't fall a victim. But if the land is allocation That means government must have allocated it to the seller. Just ask for allocation letter, layout plan, and c of o. Engaging a surveyor will safe you alot of stress , you will be help to get genuine land with good title. 1 Like |
Re: What Should I Look Out For When Buying A Land? Help Guys by semasir: 12:11pm On Jul 07, 2022 |
- The serenity of the area - documentation of the land - your pocket size too In essence, if you need any landed property in Badagry, let's talk too! You can get up to 3 plots within ₦1m per plot |
Re: What Should I Look Out For When Buying A Land? Help Guys by baby124: 12:11pm On Jul 07, 2022 |
Check if the registered survey on the land matches the so called name of the seller of the land. That is a sign that they are selling you a land that belongs to someone else. That person will come for you in future. Do a proper search and be careful. 1 Like |
Re: What Should I Look Out For When Buying A Land? Help Guys by Pelaiye2703(m): 12:11pm On Jul 07, 2022 |
Planning is important because it directly affects our physical environment and so doing influencing our quality of life and general well being. Planning shapes our environment and the way we live, work and recreate with many advantages when involved in Planning process and preparation of Area and Planning Permit Consideration. To ensure that structures get built in the right place to avoid government sanctions and environmental nuisance. Kindly consult me, a Town Planner and Property Consultant for any of the underlisted services. 1)Processing of C of O 2)Architectural and Structural drawings 3)Survey plan 4)Building Approval 5)Planning Information 6) PPTR (Physical Planning and Technical Report) 7) LUPAR amongst others. P.S. Check signature for contacts. Thank you! |
Re: What Should I Look Out For When Buying A Land? Help Guys by harmony75: 12:16pm On Jul 07, 2022 |
Get a lawyer friend most of them are into real estate ask him of lands available.. Recently someone bought a land from his lawyer friends friend and all the needed documents were issued from the payment he made for the 2plots. Please experience and mature lawyer that have been long in the business. |
Re: What Should I Look Out For When Buying A Land? Help Guys by moneyissweet(m): 12:18pm On Jul 07, 2022 |
That land must be in sambisa forest. Thorondor:
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Re: What Should I Look Out For When Buying A Land? Help Guys by hardbody: 12:27pm On Jul 07, 2022 |
ThinkWISELY: The only thing you said which is sensible is, get a lawyer. You said absolutely nothing else relative to his question. I will leave this to the lawyers who are into landed properties and transactions |
Re: What Should I Look Out For When Buying A Land? Help Guys by LARRYOBRAIN(m): 12:29pm On Jul 07, 2022 |
Consult and engage a registered Estate Surveyor an Valuer firm, beware of fraudsters |
Re: What Should I Look Out For When Buying A Land? Help Guys by IBILEmayweather(m): 12:32pm On Jul 07, 2022 |
TeamLeader:Bro, I will give you my candid advice, please avoid that company. Your friend, I’m very sure, is not giving you the full details of their gimmicks. Your friend is only interested in the commission that will be given to him if he brings a client. It was my so-called friend that introduced me to the company too, but I regret ever doing business with them/buying from them. Look around, is there any Pwan estate with residents living in it? I wish I knew all these before parting with my money. Please run away from that company. 1 Like |
Re: What Should I Look Out For When Buying A Land? Help Guys by ThinkWISELY(m): 12:34pm On Jul 07, 2022 |
hardbody: The way una dey over hype Lawyers for basic things sef So he shouldn't know the measurements or have an idea in it or collect receipt whatever that's why lawyers extremely eat you guys up for doing very basic things. 2 Likes |
Re: What Should I Look Out For When Buying A Land? Help Guys by zuby94: 12:48pm On Jul 07, 2022 |
Want to DM for a free report on what to do right away? The free ebook can save you from burning your hard earned money in property deals. TeamLeader: |
Re: What Should I Look Out For When Buying A Land? Help Guys by Kemadealadire(f): 12:49pm On Jul 07, 2022 |
Nonexisting:Don't be so sure oh. I know of a group that bought from their school's( govt. Owned) cooperative. Years later, none of them could lay claim to the land or money. 1 Like |
Re: What Should I Look Out For When Buying A Land? Help Guys by Nobody: 12:50pm On Jul 07, 2022 |
TeamLeader: 1.Physical inspection Always endeavor to know the location, features of the land you intend to buy. Ask questions from owners of adjourning properties. 2. Investigate the Seller’s title. Ensure you investigate the seller’s documents. Recently, my client wanted a buy a land. It was quiet cheap for my liking. The seller informed me that the land was purchased in 1978. He brought a family receipt and a deed of conveyance. Both documents were actually dated 1978 but there was an error. The receipt and the deed were typed with a computer using century gothic font. There were no computers in 1978. Atleast not so common in Nigeria. Again, there were other features that showed that the deed was not prepared by a qualified lawyer. The lawyer’s name was not there. Just a law firm with a non existing address. These issues prompted torrential questions the seller could not answer. 3. Conduct search I always advise my client to chart the coordinates of the property they are buying so as to know if the property is under a government encumbrances. Also check the court, if there is a lis pendis ( pending court case on the land). Always involve a lawyer. A lot happens at the various registries. But a lawyer knows when a report does not add up. That’s all I will say for now. |
Re: What Should I Look Out For When Buying A Land? Help Guys by IBILEmayweather(m): 12:57pm On Jul 07, 2022 |
TeamLeader:You can also send an email so I can tell you my experience with them. I shall reveal everything on Nairaland when I’m fully done with them. |
Re: What Should I Look Out For When Buying A Land? Help Guys by monakii: 12:58pm On Jul 07, 2022 |
Honestly, alot (if not all) has been said. Nevertheless, land acquisition and ownership in Lagos is not child's play infact it is very complicated, complex and cumbersome than trusting any person (even professionals) to explain or lead you. Our society is wired wrongly, government left us to our respective fate by allowing the predators to feast on the prey. In this case, the predators are the land owners, grabbers, vassals, Omo-oniles and all other professionals whose work revolves around landed properties while the preys are we the unsuspecting gullible prospective buyers or investors dying to own a property. In sane climes, it's government responsibility to provide housing for citizens. The madrush to own a property is borne out of government's inability to do the needful. Everyone just want to feed off your hard earned money. They want to rush and pressure you into buying anything acting like they are seeing things you can't see. Behold! They are as blind and unsuspecting as you if not far more. However, you still need folks (solid and intelligent people) to succeed in anything.... BUT be wise, use your intelligence and intuition more than your impulse i.e use your head and not your heart. Ensure you keep a circle of accomplished friends/family of which some of them know about what you are about to put your hands. I realized your intention is to own two separate lands at two separate locations simultaneously. IMO, This clearly shows you are investing to make more return in future and not so desperate to put a roof above your head. So my advice for you will be limited to that line of option. Everyone has really helped you by saying one thing or more. Please take to their words, appreciate them and read between the lines as much as you can BUT shine your eyes. In addition, any land you want to acquire, make sure you have double (or more) of the cost of the land. The reason is for you to get instant allocation of your land and begin construction almost immediately. In Lagos today, na who get house or structure on the land get upper hand o. I know some novice may want to quote law, but as I have said earlier, land matter especially in developing areas of Lagos is another wahala one should avoid. I am experienced in all of these palaver, so I am no stranger. I can conveniently say it's a business I have stayed-in in the last 10yrs. You mentioned "paying for deed of assignment". Apparently, that is the practice in recent time. Do your negotiation once and pay up after all due diligence. In summary, 1. Be aware that the procedure for buying of land varies from location to location. 2. Know that you can not succeed in secret nor can you succeed alone please go there with few persons (possibly professionals) of substance who understand the workings of buying and developing lands. 3. Conduct independent findings both formally and informally (if you can) formally is land matters offices with state government and registered surveyors while informally is people from within the location of the property. 4. When done and satisfied with feedbacks and findings, negotiate well with the right party and pay with reasonable term. While doing that, get video evidence of your agreement and endeavour to pay via bank transfer for record purpose. In addition, get all the right documents e.g right of ownership or deed of assignment, (family) receipt,Survey plan and certificate of occupancy (if involved), Job card (where and when necessary). 5. Take ownership of your newly acquired property by erecting or altering the structure to establish the dawn of a new era. I wish you, myself and everyone hereon the best. NB. I painstakingly put this piece together cos I know the economy is harsh and I don't want you or anyone to be robbed of your hard earned money 1 Like 1 Share |
Re: What Should I Look Out For When Buying A Land? Help Guys by Scientist777: 1:02pm On Jul 07, 2022 |
I have a choice fenced property near the highly popular Amen Estate (celebrities like Funke Akindele lives there) at Ibeju Lekki. I can sell part of it for you if interested. Check my profile. TeamLeader: 1 Like 1 Share |
Re: What Should I Look Out For When Buying A Land? Help Guys by FuckDModz: 1:04pm On Jul 07, 2022 |
IBILEmayweather: What's the problem with PWAN? |
Re: What Should I Look Out For When Buying A Land? Help Guys by hardbody: 1:04pm On Jul 07, 2022 |
ThinkWISELY: LOL, Boss, I am actually a lawyer, a senior one at that. However I know my pedigree and while I can sound off by saying ask for CofO, ask for Deed of Assignment/Conveyance, ask for receipt of purchase, is it a family land, if yes who is the head of the family, what is the registered title, etc, the fact is I haven't been in the business of land acquisition in the past more than 15 years and therefore will want my colleagues who are more recent and up to date in that line of business to speak up. Fact remains he said nothing relating to the OP's question. It is not a matter of pride, it is someone's money on the line. Finally there is nothing basic about land matters, It is one of the most complex aspects of legal practice. If you buy wrongly, you either get a worthless piece of paper or endless litigation. No be gragra matter bro. You know what you know. 1 Like 1 Share |
Re: What Should I Look Out For When Buying A Land? Help Guys by Neroclassic001: 1:04pm On Jul 07, 2022 |
IBILEmayweather:Please what do you mean by "avoid real estate companies especially PWAN"? Cos I'm about to partner with them on real estate. |
Re: What Should I Look Out For When Buying A Land? Help Guys by IBILEmayweather(m): 1:05pm On Jul 07, 2022 |
FuckDModz:They are not credible at all. Avoid that company if you want peace of mind 1 Like |
Re: What Should I Look Out For When Buying A Land? Help Guys by EMPEROROFDONBAS(m): 1:06pm On Jul 07, 2022 |
TeamLeader: Pls just to a reputable surveyor for counseling... |
Re: What Should I Look Out For When Buying A Land? Help Guys by ThinkWISELY(m): 1:13pm On Jul 07, 2022 |
hardbody: I get you but,really... I said nothing relating to OP's question? ..OP said he knows nothing about measurements,even talked about documents etc which an opinion/my 2 cents were given,mind you-me mentioning the lawyer part doesn't automatically invalidates the remaining informations I gave ,no matter how little it seems, that's where I'm driving at. 1 Like |
Re: What Should I Look Out For When Buying A Land? Help Guys by FuckDModz: 1:15pm On Jul 07, 2022 |
IBILEmayweather: How are they not credible? Can you provide more information regarding this? |
Re: What Should I Look Out For When Buying A Land? Help Guys by IBILEmayweather(m): 1:19pm On Jul 07, 2022 |
FuckDModz:I shall say “all” after I’m done with them. But please, avoid them.. |
Re: What Should I Look Out For When Buying A Land? Help Guys by IBILEmayweather(m): 1:22pm On Jul 07, 2022 |
Neroclassic001:Partner with a honest and credible company, not PWAN…Surf the internet and read reviews about the company, don’t let any of their agents/PBO deceive you with their false gospel. 1 Like 1 Share |
Re: What Should I Look Out For When Buying A Land? Help Guys by smasher1(m): 1:26pm On Jul 07, 2022 |
Nonexisting: okayyyy.... |
Re: What Should I Look Out For When Buying A Land? Help Guys by hardbody: 1:26pm On Jul 07, 2022 |
ThinkWISELY: Ok then. Keep driving sir. Have a blessed day. |
Re: What Should I Look Out For When Buying A Land? Help Guys by Allisgud: 1:27pm On Jul 07, 2022 |
aboyaji:does RofO tally with deed of agreement? Or if I may say why didn't u put deed of agreement |
Re: What Should I Look Out For When Buying A Land? Help Guys by mctech(m): 1:41pm On Jul 07, 2022 |
I have a reliable link for commercial and industrial land in Ota, Ogun State. Experienced, ethical, and honest. You can contact me via 08132232989. |
Re: What Should I Look Out For When Buying A Land? Help Guys by Rottenmango: 1:42pm On Jul 07, 2022 |
If you are currently in Benin City, Edo State please avoid Autobliss International real estate company. That guy Salvation Onomroba na pure scam. Thank me later � 1 Like |
Re: What Should I Look Out For When Buying A Land? Help Guys by Yansham: 1:46pm On Jul 07, 2022 |
IBILEmayweather: Very salient point. 2 Likes |
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