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In most places in Lagos state, lands that are FREE from government acquisition are more expensive that those that fall within government acquisition. This is because lands free from government acquisition have several benefits. They include: 1) You can do a registered survey plan of the land. 2) With the registered survey plan, you can process title documents such as Certificate of Occupancy (C of O), Governors Consent etc. 3) If the government is carrying out a project in your area in the future and it affects your land, you will be compensated. 4) A land that is free from government acquisition and has a good title can be used as a collateral for almost anything in Nigeria 5) If you want to Will your land to a loved one, you will rest assured that there will be no issues with the land in the future. www.oticsurveys.com/blog Follow us Twitter @oticsurveys Instagram @oticsurveys |
Any questions? |
Any questions? |
Any questions? |
Make sure you do your survey and deed of assignment as well. |
The most important step after buying land is taking physical possession. Possession Taking is necessary to secure your investment. When planning to buy land, it is important to factor in the cost of taking physical possession of the land. So, for example, you have N5m to invest in property and you choose to buy a land, it may not be wise to use the entire N5m to buy the land. You can take physical possession by fencing it and putting a gate to secure it. Most estates and “omoniles” charge a development fee which you should consider as well. After fencing it, you can put a “THIS LAND IS NOT FOR SALE. TRESPASSERS BEWARE” sign on the fence. Enlisting the help of someone who lives close to the land so they can monitor it for you is a good idea as well. It is never advisable to buy land and leave it. Bare land attracts land grabbers and a land that is not fenced is very easy to encroach on. In some scenarios building a fence may not be feasible. Let the scenario determine the method you use to take physical possession. |
Always consult a Registered Surveyor. Land Scam is REAL! |
A Registered Surveyor in Nigeria is licensed to practice anywhere within the Federal Republic of Nigeria. As at today, there are over 400 Registered and Practicing Surveyors in Lagos. Some surveyors are registered but they are not private practitioners. Some non-practicing surveyors work for private organizations as their in-house surveyor, some work for the state and federal government and the rest work outside the core survey field. If you are speaking with a surveyor and you want to verify if the surveyor is genuinely registered, please visit the office the of the Nigeria Institution of Surveyors(NIS), Lagos State. The NIS office is at Block H, Plot B,Assbifi Road(Opposite Ikeja City Mall) Alausa, Ikeja. P.S: Some people erroneously believe that because a surveyor works for the government, he is the best person to survey their land. They don’t know that government surveyors are in-charge of surveying government lands NOT land owned by individuals or private entities. They don’t know that only registered surveyors who are members of Nigeria Institution of Surveyors and the Association of Private Practicing Surveyors are capable of registering a land/property survey. If you visit the office of the Nigeria Institution of Surveyors, you will not find the names of government surveyors in the list of the practicing surveyors. |
Buy and build ready land. |
Creamychic:Good morning, Tel:08091779311 |
The key thing to remember is that it is a step by step process. Don't worry too much about the total cost of everything. You will not need the whole money at once. And some steps take a few months before the next step can be taken so you have ample time to save money for the next step. |
fhemluv82:Survey cost for 2 plots in Ibadan is N180,0000 |
fhemluv82:N180,0000 |
Let's talk |
Advice is free. |
If you are buying land in Lagos or Ogun State anytime soon, let us talk.Buying land -especially in Lagos - is not a straight forward process and you need guidance. Ask questions BEFORE you buy land NOT after. In land matters, you learn from the mistakes of others because learning from your own mistakes may be too costly. Invest wisely. I wish you all the best! PS:I am a Registered Land Surveyor. LAND MATTERS https://oticsurveys.com/blog/ |
BENEFITS OF USING DRONES IN CONSTRUCTION 1) Drone images help during construction planning. They give a wider view and better perspective of the construction environment which can really help in boosting efficiency in logistics during construction 2) Drone images help to monitor progress during construction. It gives a clear view of the happenings on the construction site and can help to spot areas where contractors are defaulting with safety requirements, work procedure etc. Drone images ensure you get real-time information on the construction progress and provides you with the opportunity to share these photos with other stakeholders 3) Drones help in inspecting areas which are difficult to access during construction. Drones are one of the best ways of viewing inaccessible areas and it helps reduce potential accidents. 4) Drone images are perfect for marketing your project on your website, social media, print material etc. Potential buyers/investors are always happier to see views from different angles |
Key points It is better to avoid land that is under government acquisition Not all lands are ratifiable Ratification is expensive If you have already bought land that is under acquisition then you have to do ratification to perfect your title. |
Land Regularization(also known as Ratification) is carried out when an individual or corporate entity acquires land that belongs to the government. However, not all government lands can be regularized. Any land that will be regularized must not fall within a government committed area and it must conform with the state’s urban planning regulations. Regularization entails buying the land “properly” from the government. It is expensive in some areas because after buying the land from the seller you still have to pay the government for the land again. After regularization, the government releases the land and issues a certificate of occupancy (C of O) to the applicant. In order to avoid buying government land and spending far more money than necessary, it is highly recommended that the status of the land is known before purchase. The process of knowing the status of land is called Charting. Charting is a very important process in land matters and it is carried out by Registered Land Surveyors. www.oticsurveys.com/landmatters Follow us Twitter @oticsurveys Instagram @oticsurveys |
You can also find Plots of land for Sale at Okun Ajah, Eti-Osa LGA Location:Off Atican Beach Road. Close to 3 beaches( Atican Beach, Barracuda beach and Santa Cruz beach) Status: Free from government acquisition Title: Okun Ajah Village Excision Cost:8m/plot. This is a good buy. Finding land on the island that is free from government acquisition is not an easy task. Contact OTIC Surveys 08091779311 |
Well done. |
This is a good buy. Finding land on the island that is free from government acquisition is not an easy task. |
Plots of land for Sale at Okun Ajah, Eti-Osa LGA Location:Off Atican Beach Road. Close to 3 beaches( Atican Beach, Barracuda beach and Santa Cruz beach) Status: Free from government acquisition Title: Okun Ajah Village Excision Cost:8m/plot. Contact OTIC Surveys 08091779311 |
GoldNiagara:Are you a lawyer? |
Acquiring property should not be a solo journey. Seek advice from professionals and avoid unnecessary mistakes. Read and educate yourself on land matters here https://www.oticsurveys.com |
Use technology to your advantage. |
WHAT IS AN AERIAL IMAGE/PHOTO? Simply put, an aerial image is an image/photo taken from an elevated/above ground position. In the past, such aerial photos could only be obtained by the use of expensive methods (helicopters or aircrafts). Only a few big companies could afford to acquire aerial photos as costs were quite expensive for most real estate professionals. However, drones have made it very affordable and easier to capture aerial photos A drone is a cost-saving and wonderful tool which can be used to capture breathtaking images/photos for real estate marketing. BENEFITS OF AERIAL PHOTOS FOR REAL ESTATE MARKETING It's been proven that using aerial photos to show off a property ultimately sells it faster. Aerial photos are the best way to show the surroundings as well as the proximity to amenities and the entire neighborhood. Allows to show and market the property from a unique perspective It helps to show all angles of the property, including its layout, unique features, and property line. Aerial photos are also very useful in showing a large parcel of land that is for sale or open to potential development by investors. Aerial photos add another level of marketing potential that ground real estate photos (even high quality and professional ones) simply cannot provide. Aerial photos also allow developers to monitor the progress of a project as it is being brought to fruition. Aerial photos help property developers become aware of the surrounding landscape and factors such as roads and other buildings that would influence their plans. Unlike normal photos, you can measure distances, angles and areas of properties on aerial images Drones help to capture aerial photos of areas/places that are inaccessible or prone to danger Boost your property marketing with aerial photos today!! Read more on land matters on www.oticsurveys.com/blog Follow us Twitter @oticsurveys Instagram @oticsurveys
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Step by step process for acquiring land and getting your C of O or Governor’s Consent Land Search Land Ownership Investigation Charting Acquisition of land Land Survey (Registered Surveyor) Preparation of Deed of Assignment by your lawyer Lodgment of Record Copy of Survey Application for Land Information Certificate Purchase of form and application for Certificate of Occcupancy / Governor’s Consent |