Christianity Etc › Re: "How Mad Is Your Madness?" Church Poster In Jos (Photo) by kimacent(m): 12:19pm On Dec 09, 2017 |
This Madness is really Mad |
Politics › Re: Adejoh Akowe Escapes Assassination Attempt By Gunmen In Kogi State. Photos by kimacent(m): 12:05pm On Dec 01, 2017 |
Truly His case is different. And It's A NEW DAWN for him. |
Romance › Re: Groom's Reaction After Opening Bride's Veil (Video) by kimacent(m): 9:47am On Sep 12, 2017 |
Dat is Dayo in Hustle showing African magic(family) it might jst be one of d series. |
Career › Re: Top Six Most Successful Women In Corporate Nigeria by kimacent(m): 7:32pm On Aug 22, 2017 |
For what, this list is totally unaccepted by me. Una no put my Mama name. |
Politics › Re: Constituents Threaten To Recall Senator Ben Bruce For Non-performance by kimacent(m): 5:00pm On Aug 22, 2017 |
Very correct He shld be recalled, common his local dialect He can be speak, he has neva spend time wit his pple. Abuja Base common sense senator dat was appointed and impose to d pple by the then PDP in bayelsa state. This must stop. |
Celebrities › Re: Regina Daniels Shares Throwback And Recent Photos by kimacent(m): 4:08am On Jul 22, 2017 |
She write JAMB, Wetin be her score, she no go tink her she go use enter sch. Na to dey post picz. |
Family › Re: How Can I Stop My Husband's Phone Addiction? by kimacent(m): 3:53am On Jul 22, 2017 |
Seat him down n discuss d issue wit him, from checking pple dat do work witout Internet alwayz try to catch up wit the tins online wit every little time they hv n maybe ur husband fall into dat category. After talking to him and the addiction is still dere, try n join him to press fon 4 a while too, and make sure u hv a very good phone to beat his type. Also pretend laughing physically while chating online to see his reaction.do some crazy stuff sometimes to piss him off, also request 4 site he usually visit and stay always online. With that 4 some month change will taught up with him. Nothing is as bad like sm1 beating u in ur own game. |
Sports › Re: Chelsea Agrees To Sign Alvaro Morata by kimacent(m): 10:11pm On Jul 19, 2017 |
Amirullaha: A handsome man went into a hotel and asked to see the boss. When the boss came, the story began. -The client: is room 39 empty? -The boss: yes, sir. -The client: can I book it? -The boss: of course you can. -The client: thank you. Before going to the room, the client asked the boss to provide him with a black knife, a white thread 39 cm and an orange 73g. The boss agreed though he was surprized at the weird things the client asked to have. The client went into his room, he didn't ask for food or anything else. Unfortunately for the boss, his room was next to room 39. After midnight, the boss heard strange voices and noise in that client's room. Voices of wild animals and of utensils and dishes being thrown on the floor. The boss didn't sleep that night. He kept thinking and wondering what might be the source of the noise. In the morning, when the client handed the keys to the boss, the latter asked to see the room first. He went to the room and found everything alright. Nothing unusual. He even found the thread, the black knife and the orange on the table. The client paid the bill and gave the bellboys a very good tip and left the hotel smiling. The boss was in a shock but he didn't reveal what he heard to the bellboys. In fact, he started to doubt himself. After one year, the client showed up again. He asked to see the boss again. The boss was in a puzzle. The client asked the same things: room 39, black knife, white thread 39cm and an orange 79g. This time, the boss wanted to know the truth by all means possible. He spent a sleepless night, waiting for something to happen. After midnight, the same voices and noises started, this time louder and more indecipherable than the year before. Again, before leaving, the client paid his bill and left a large tip on the table for the bellboys. The smile didn't leave his face. The boss started searching for the meaning of everything the client asked to have. Why did he ask room 39? why the white thread? why the black knife In fact, the boss didn't arrive to any convincing answer to all these questions. The boss now was eagerly waiting for the month of March, the month in which the client showed up. To his surprise, on the first day of March, the same client showed up. He asked the same questions. Wanted to book the same room, wanted to have the same things as before. The boss again heard the same noises, this time more louder than before. In the morning, when the client was leaving the hotel, the boss apologized politely to the client and asked to know the secret behind the noises in the room. -''If I tell you the secret, do you promise to never reveal it to anyone else?'' -''I promise I will never let anyone know''. -''Swear'' -''I swear I won't reveal your secret'' So finally, the client revealed his secret to the boss. Unfortunately, the boss was a sincere person. Until now he hasn't revealed his secret to anyone. When he does, I will let you know... thank you for reading. Nice story story but Na so craze dey start. |
Travel › Re: Private Jet Looking Like A Hotel That Costs N27 Million From Lagos To Abuja by kimacent(m): 7:18pm On Jul 17, 2017 |
For flight dat will be less dan 1hour @ dat amount,na una village gods go seat down 4 small kitchen chair judge ur matter. |
Crime › Re: Kidnapper Evans' Girlfriend Led To His Arrest by kimacent(m): 2:59am On Jun 16, 2017 |
poshestmina: I haven't seen that man a woman cannot bring down. God has not created him .
They should have kept Amaka's involvement hidden na ,this NPF self! they have put the lady in a big danger. How sure are u dat her name is Amaka. For dis purpose she a bear 'amaka' but I don't tink dats her real name. |
Crime › Re: Police Arrest Fake Policeman Who Extorts Money From People In Rivers (Photos) by kimacent(m): 11:27pm On Jun 15, 2017 |
As the organisation dey so pple still dey emulate d way dem dey do tins they use am survive |
Sports › Re: Super Eagles Players Holds A Minute Silence In Honour Of Late Keshi (Photos) by kimacent(m): 11:37am On Jun 07, 2017 |
OZAOEKPE: The girl above me na witch 
RIP to the bo$$ U be bigger wizard |
Music/Radio › Re: Tekena Iyalla Protests At Police Station Over Increased Robbery In Rivers (Pics) by kimacent(m): 7:54pm On May 30, 2017 |
Taaaamuno aaa. AFERABO. Iyo This senior citizen is very right.it getting too much in dat Ada George axis. Maybe tomoro all resident of Ada George Road axis shld stay @ home. |
Politics › Re: Amaechi Shuns VIP Lounge Of Airport, Shares Ordinary Lounge With Others by kimacent(m): 4:10pm On May 28, 2017 |
Na poor pple dey use airport? If I ear. 2019 dey com, dem don dey look 4 vote small small. But Ameachi na correct man any time. |
Sports › Re: Corpse And Burial Photos Of Saka Abdulazeez Who Slumped & Died During Training by kimacent(m): 8:39pm On May 26, 2017 |
Na Wah oh, dem no even wait see if him go wake up tomoro before their match, dem don bury am. Na so una dey behave? |
Properties › Re: Deed Of Assignment And What You Should Look Out For by kimacent(m): 12:31pm On May 07, 2017 |
TheLawyer: WHAT IS A DEED?
Before I start explaining what a deed is, I will like to stress the fact that there are some big big grammar when it comes to the legal profession. But I will try my best to explain in lay terms. Some words which must be used will be explained a little bit in parenthesis. So let’s dive in …
A Deed is a document in writing which provides information about some terms, conditions or facts agreed to between persons on good quality paper, vellum or like materials and which is signed, sealed and delivered.
The term deed is generally used to describe an instrument (legal document) which title, right or interest in land is transferred from one person(s) to another or to create an obligation binding on one or more persons. Alternatively, it can be used to confirm some acts by which an interest, right or title in land has already passed. In other words, it is not only when a sale transaction occurs that a deed is required. If you were given a plot of land for free and you have taken and currently enjoying possession (using the land) you are required to draft a deed (deed of gift).
From the above definition / explanation of a deed, when a transaction relates to a landed property, a deed must be drafted to properly transfer right or interest in that property. With that in mind, a receipt evidencing a sale transaction is not enough to claim a right to a landed property. In the same vein, a contract of sale of land is not enough to transfer title or interest in land. It is just a document evidencing your transaction which does not totally transfer title because of its contents or form.
An important point to note is that if a document in writing is to constitute a deed; it must be signed or marked (if an illiterate), sealed and delivered. The writing expresses the content of the bargain between the parties to it. Signing indicates the person(s) that are to bound by it, sealing testifies to the consent of the parties to be bound by the bargain in the deed. Delivery gives it its binding effects.
WHEN IS A DEED REQUIRED / CERTAIN DOCUMENTS THAT MUST BE BY DEED
1. The transfer of legal interest in land. All conveyances of land or any interest in land are void for the purpose of creating a legal estate unless made by deed. – Deed of Assignment 2. A power conferring authority on a person/agent to execute a deed. The power itself must be by deed. – Power of Attorney 3. A conveyance or transfer of interest in land without consideration (cash). – Deed of gift 4. A lease for a term above 3 years. – Deed of Lease/Sub-lease. Generally, a rent above 3 years. 5. A legal mortgage. – Deed of Legal Mortgage
CONTENTS / WHAT YOU SHOULD LOOK OUT FOR TO ENSURE YOUR DEED IS PROPERLY DRAFTED
1. THE INTRODUCTION This should contain column for date. It is should not be dated because if you don’t stamp it within 60 days, you will attract penalty for every day in default after the 60days. The parties and their addresses Recital – a brief summary of how the owner of the land became the owner and his intention to transfer his rights, etc (sell) and how the buyer has agreed to purchase the land
2. THE SECOND PART – USUALLY THE OPERATIVE PART This should contain - The consideration (cost of the land) - Words indicating that the buyer (assignee) has paid the amount and the seller (assignor) has received same from you - The description of the property - If its registered (c of o) and the details of the c of o. with this content you can verify if the c of o is genuine. So if you bought a land and the seller claimed they have c of o / global c of o, your deed should contain something like … Certificate of Occupancy No. 12345 dated 07/05/2017 and registered as 12/34/5678 in the Lands Registry, Alausa, Lagos state
3. ANY MISCELLANEOUS / TERMS AGREED BY THE PARTIES
4. CONCLUSION - Parties consenting to the transaction - Execution (signatures) of the parties. It is important to note that the type of parties involved determines how they will sign. Example 2 directors or a director / secretary will sign if a company is involved. In the same way if an association, couple, individual, illiterate, family land (omonile), firm, unregistered association etc is involved the format of signature would be different.
At this point it is worthy of note that even if it is a family land (omonile) but you bought it from an individual who bought it from a family, you are not to draft your deed as though you bought it directly from the family. I had a client who bought the property on behalf of her brother (in the name of a company) and I was forced to draft it as though they bought it directly from the family. Now the family is asking for N400k to sign. And tomorrow they could say they didn’t have any transaction with the buyer and they would be right. If your transaction involved an illiterate (usually a foreigner [non-english] or a family land because the head of the family might not be able to read and write in English) a Magistrate or Notary public is meant to sign.
5. ENDORSEMENT FOR GOVERNOR’S CONSENT I have seen some deed of assignment that doesn’t include a column for the Governor or a Representative to sign / consent to the transaction. By virtue of Sec. 22 of the Land Use Act, and Sec. 10 Land Instrument Registration Law, the Governor must consent to the transaction. Sec. 22 Land Use Act provides: [center]“It shall not be lawful for the holder of a statutory right of occupancy granted by the Governor to alienate his right of occupancy or any part thereof by assignment, mortgage, transfer of possession, sublease or otherwise howsoever without the consent of the Governor first had and obtained. Sec. 22(2): The Governor when giving his consent to an assignment, mortgage or sublease may require the holder of a statutory right of occupancy to submit an instrument (deed of assignment, deed of legal mortgage, deed of lease, etc) executed in evidence of the assignment, mortgage or sublease and the holder shall when so required deliver the said instrument to the Governor in order that the consent given by the Governor under subsection(1) of this section may be signified by endorsement thereon. [/center][/i][b][/b]
Words in parenthesis are mine.
With the above provisions, for your deed to be valid, there must be words at the end of your deed to the effect that the consent of the state Governor has been obtained. The practice is to draft it in the following words:
[center]I CONSENT TO THE TRANSACTION CONTAINED IN THIS DEED
DATED THIS ______ DAY OF _________________ 20---
______________________________________________ HON. ATTORNEY GENERAL & COMMISSIONER FOR JUSTICE FOR: THE EXECUTIVE GOVERNOR OF ABC STATE [/center] (or something similar to the above)
I drafted a deed of assignment for a client who (claimed she was a lawyer but I guessed not into property or probably didn’t practice at all) and wanted to register to it. She claimed that the amount we agreed include me registering it. I told her registering the deed would attract a separate fee and that you cant register it without apply for consent and ultimately c of o since there was no previous title (no C of O). She argued all sort and she didn’t know I was dishonest to that extent and all those talks…you know na. She claimed I was trying to collect more money from her and that it is possible to register the deed without applying for consent or C of O. I later referred her to the provision of the law that stipulates that consent must be obtained before registration. It is usually in this order – CSR – CONSENT, STAMPING & REGISTRATION. Sec 26 (1-3) Land Registration Law 2015, Lagos State provides: [i](1) Any holder in possession of any registrable document shall register it within sixty (60) days after obtaining the Governor’s consent where applicable. …. (2) A sublease under three (3) years does not require registration (3) Any succession to land under a Will or on intestacy or insolvency does not require the Governor’s consent but must be registered on production of a certified true copy of the Grant or Letter of Administration.[b][/b][center][/center]
From the above, I believe we can deduce that you cant register your deed without Governor’s consent. It is only if you got the land by Will that you can.
6. Finally, Franking It is the requirement of the law that the name and address of the lawyer that prepared the deed must be endorsed on the document. And least this one better na, make we take get some referrals. I hope with the above I have been able to explain to some extent why a deed is necessary for your land transactions and how to ensure that your lawyer properly drafts your deed and doesn’t just dump wordings on a paper for you. Sometimes, except you actually transact with the lawyer in person, your deed might not have been prepared by a lawyer and there could be repercussion There is this friend of mine who bought a land at Lusada, Ogun state. He told me that the agent who closed the deal told him he could get his deed done for him for 5%. He claimed his sister is a lawyer. I told him that might not be true and that most likely it would be copy and paste job. You might get away with copy and paste job but it is better you meet with a lawyer, explain the transactions involved or better still include him in the transaction and he would know how to draft your deed properly for you. The reason is many buyers of land especially family land think that as long as it is a family land, then the deed must be between them and the family even though the transaction was between and individual who bought from the family and subsequently sold to him. By law, you had no transaction with the family. For that kind of transaction, the practice is that the Recital (explained under Introduction above) would contain words evidencing same. And in your schedule (usually under the miscellaneous part), reference would also be made to the family receipt the seller got from the family representatives.
For more info, please visit http://mcadams-consulting.com/blog/
Consult a lawyer before purchasing that property
P Pls how. Come fee like 1.Bush entering. 2.signing money. 3.money for drinks etc Where are dey coming from. Becos recently these tins are becoming to much in place like Rivers state n Bayelsa. |
Jobs/Vacancies › Re: 22 Years: The Age Requirement For A Job I Stumbled Upon Online Today (pic) by kimacent(m): 3:40am On May 05, 2017 |
Their fada
|
Politics › Re: Jonathan: "Amaechi Have Problem With Patience My Wife Not Me" by kimacent(m): 9:51am On Apr 28, 2017 |
This Book has so many memory in it. It's all abt Ex.Presd. Jonathan. |
Politics › Re: Is Ogu-bolo In River State Igbo Or Ijaw?: See Towns And Village Names by kimacent(m): 9:40pm On Apr 26, 2017 |
folarinmiles: Anywhere afta ondo state in the South is Igbo to me BIG LIE. |
European Football (EPL, UEFA, La Liga) › Re: Chelsea Vs Southampton (4 - 2) On 25th April 2017 by kimacent(m): 7:33pm On Apr 25, 2017 |
Enemyofpeace: Chelsea 0-1 Southampton (through penarity) Wen u can not spell it well,how is it going to work? |
Celebrities › Re: Nigerian Lady Who Twists & Bends Her Body Into Strange And Unnatural Positions by kimacent(m): 7:49pm On Apr 23, 2017 |
dingbang: If dis girl fvck person .. No suprise say she no go sabi fvck smtimes oh. If better prick touch her she go run comot. |
Celebrities › Re: Runtown Baby Mama, Selena, Flaunts Big Baby Bump by kimacent(m): 5:10pm On Apr 23, 2017 |
And she is happy about it. Wen he has paid ntg for d contus. She has given him 4 free now the result is pregnancy. |
Sports › Re: 30 Manchester United Fans In Calabar Dead As High Tension Cable Falls by kimacent(m): 11:28am On Apr 21, 2017 |
LET ME SEE IF THEY WILL WEAR BLACK RIBBOR FOR THEM IN THERE NEXT MATCH. |
Politics › Re: Dogara Releases Pay Slips For Six Months by kimacent(m): 10:40pm On Apr 11, 2017 |
Edited pay slip. Who him wan deceive. E don tet yansh dey 4 back.
|
TV/Movies › Re: BBNaija: Efe Family & Tboss' Family: Which Family Needs The Money More? (Photos) by kimacent(m): 10:50pm On Apr 06, 2017 |
Abeg make una send me Airtime make I use vote d person u send to vote Here is my email address (kimacent@gmail.com) Pls do quick n send it so dat I can vote for the person u want |
Christianity Etc › Re: "I Can Make You Rich, Happy & Popular" Church Sign Post In Port Harcourt (Pic) by kimacent(m): 2:58pm On Apr 05, 2017 |
I kwn one day I will see d post in Nairaland. Dats d billboard in rumuokoro. |
Celebrities › Re: Miyonse Delivered A Payporte's Package To A Customer (Photos) by kimacent(m): 5:04pm On Mar 29, 2017 |
Make dem no put am into soak away pit oh. Tboss still nid him 4 servicing. |
|
Events › Re: Man Weds 2 Ladies In Delta On The Same Day, Photos Go Viral by kimacent(m): 9:23pm On Mar 24, 2017 |
End time wedding
God abeg oh
|
Car Talk › Re: 2018 Mercedes-maybach G650 Landaulet Is The Most Expensive SUV Ever Made by kimacent(m): 1:44pm On Mar 17, 2017 |
Question pls. 1.Is it bullet proof 2.is dere food in the SUV all year round. 3.dose the car give long live? |
Fashion › Re: Man Bleaches Skin (Before And After Photos) by kimacent(m): 7:41pm On Feb 27, 2017 |
Taaaaah
|
Politics › Re: Protest In Sapele Over Power Outage & Outrageous Bill (Photos) by kimacent(m): 3:40pm On Feb 24, 2017 |
BREAKING NEWS... On issue of electricity Minister of Power - Babatunde Raji Fashola asked me to tell you that all Power belongs to God |