Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,581 members, 7,820,103 topics. Date: Tuesday, 07 May 2024 at 09:42 AM

How Well Do You Know Some Land Documents And Titles? - Properties (2) - Nairaland

Nairaland Forum / Nairaland / General / Properties / How Well Do You Know Some Land Documents And Titles? (25793 Views)

Important Land Documents And Titles You Should Know As A Real Estate Investor. / Different Types Of Land Documents / Understanding Land Documents And Titles (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

Re: How Well Do You Know Some Land Documents And Titles? by alphaconde(m): 1:17pm On Jan 20, 2022
NA ME GAIN AS I OPEN THIS THREAD

2 Likes

Re: How Well Do You Know Some Land Documents And Titles? by Oghene1st: 1:17pm On Jan 20, 2022
Hello O.P, you did well. However, Contract of Sale of Land is to acknowledge part payment of the total sum. Once the full payment has been made, a Deed of Assignment is hereby executed. Deed of Assignment is only executed when the total sum has been paid, and it is what is used to get the Consent of the Governor.

4 Likes

Re: How Well Do You Know Some Land Documents And Titles? by Uyi168: 1:18pm On Jan 20, 2022
Odewaleadesoye:
Hey guys!
It's throwback Thursday!
Do you know the names of these actors?
Please tell us.


https://www.nairaland.com/6947803/throwback-thursday-knows-names-these
..
state of emergency.
starring, Saint obi, hanks anuku,Jerry amilo,Emma ehinmadu(labista) cool

1 Like 1 Share

Re: How Well Do You Know Some Land Documents And Titles? by Younghacka(m): 1:18pm On Jan 20, 2022
Odewaleadesoye:
Hey guys!
It's throwback Thursday!
Do you know the names of these actors?
Please tell us.


https://www.nairaland.com/6947803/throwback-thursday-knows-names-these
The One Whose Name I Remember Is Saint Obi, The Nigerian James Bond Himself
.
Good Ole' Memories
Re: How Well Do You Know Some Land Documents And Titles? by tasalanoni(m): 1:19pm On Jan 20, 2022
Nairaland is a blessing.. This is a platform where the smartest people in this country congregate. There's no day I don't learn something new and immensely valuable here.
Thanks to Seun and crew for such an amazing piece of creativity.

4 Likes

Re: How Well Do You Know Some Land Documents And Titles? by ThePointMan(m): 1:20pm On Jan 20, 2022
What of Deed of Conveyance
Re: How Well Do You Know Some Land Documents And Titles? by ogbiwa: 1:21pm On Jan 20, 2022
Great info
Re: How Well Do You Know Some Land Documents And Titles? by Ghabz(m): 1:21pm On Jan 20, 2022
Surveying is the bedrock of any meaning development.
P/S- Always contact Registered Surveyor for quality work.
Re: How Well Do You Know Some Land Documents And Titles? by Archtoch: 1:23pm On Jan 20, 2022
Nice write-up. Learnt something valuable
Re: How Well Do You Know Some Land Documents And Titles? by BabaIbo: 1:24pm On Jan 20, 2022
Nice Write-up...

I know most of them.

OP, if someone is buying a virgin land in an area, let's say a fat developing area.

Which and which documents should he/she look out for?
Re: How Well Do You Know Some Land Documents And Titles? by cuddling44(f): 1:28pm On Jan 20, 2022
[quote author=BecomeALandLord post=109482038]LAND DOCUMENTS AND LAND TITLES.

SURVEY.
This is a document that measure the boundary of a parcel of land to give an accurate measurement and description of


Pls sir... what is d work of certificate of land Registration. My surveyor in Kwara state told me is same as c of o.... just dat I won't be able to use it as collateral wen lending money from banks.
Re: How Well Do You Know Some Land Documents And Titles? by jidxin(m): 1:31pm On Jan 20, 2022
BecomeALandLord:
LAND DOCUMENTS AND LAND TITLES.

SURVEY.
This is a document that measure the boundary of a parcel of land to give an accurate measurement and description of the land.


EXCISION.
An excised land that has been released by the government to the indigens of the area who originally owned the land before the government acquired it.
This means that the land is no longer under government acquisition and processing the C of O is possible.


GAZETTE.
A gazette is an official record book, where all special government details, are spelt out, detailed and recorded.
A gazette will show the communities and villages that have been granted excision and the number of acres or hectares of land that the government has given to them.


CERTIFICATE OF OCCUPANCY (C of O)
It's a land document issued by the state government to officially lease any land under the state to you (the applicant), for 99years.
As already indicated above, all lands belong to the government.
A C of O however is the officially recognized land document for demonstrating rights to a land.
A certificate of occupancy can ���� �������� ��� ������������� either be fore residential, commercial or agricultural purposes
It is usually granted for a fixed term of 99yrs and 25years for for agricultural lands.

What happens after 99years?
The response to this for now, remains that the buyer can renew the certificate of occupancy when it expires.


*Please note*: there are *kinds* of C of O, there is a *normal* C of O and there is *a Global* C of O and also we have types i.e. Residential, Industrial, Commercial, Agricultural C of O.


GOVERNOR'S CONSENT.
It's a land document that is obtained whenever you buy a land with C of O.
It's the land document that let's the Governor and the general public know that the
Land in question has changed hands.


DEED OF ASSIGNMENT.
It's actually a document that shows that you are now the new owner of the land.
It is an agreement between the seller of a land/property and the buyer, showing evidence that the seller has transferred all his rights, titles, interest and ownership of the land to the buyer.


RECEIPT
This land document is the least of all and it's just for the seller to acknowledge that he/she has received the due money he/she wants to sell the land.
As simple as this document may seem or appear like, it is still very important for future purposes.


CONTRACT OF SALE.
This is a contract between two or more parties in which the seller agrees to
sell and the buyer agrees to buy a real estate property.
The contract outlines the terms and conditions for the sale and purchase of the property.

OP there is nothing like a Governor's consent, Governor's consent is abstract.... i have tried over years to educate people that there is nothing like a document called governor's consent. before yo pass any interest in real estate the consent of the governor must be sought and there are ways for the Governor to append is consent by signing a Deed of Assignment, Deed of Lease or sublease, Mortgage, Gift etc.... so instead of saying consent kindly use, REGISTERED. so we have Registered Deed of Assignment, Registered deed of (lease, sublease, gift ) etc

6 Likes

Re: How Well Do You Know Some Land Documents And Titles? by Eaglesence: 1:33pm On Jan 20, 2022
BecomeALandLord:
LAND DOCUMENTS AND LAND TITLES.

SURVEY.
This is a document that measure the boundary of a parcel of land to give an accurate measurement and description of the land.


EXCISION.
An excised land that has been released by the government to the indigens of the area who originally owned the land before the government acquired it.
This means that the land is no longer under government acquisition and processing the C of O is possible.


GAZETTE.
A gazette is an official record book, where all special government details, are spelt out, detailed and recorded.
A gazette will show the communities and villages that have been granted excision and the number of acres or hectares of land that the government has given to them.


CERTIFICATE OF OCCUPANCY (C of O)
It's a land document issued by the state government to officially lease any land under the state to you (the applicant), for 99years.
As already indicated above, all lands belong to the government.
A C of O however is the officially recognized land document for demonstrating rights to a land.
A certificate of occupancy can ���� �������� ��� ������������� either be fore residential, commercial or agricultural purposes
It is usually granted for a fixed term of 99yrs and 25years for for agricultural lands.

What happens after 99years?
The response to this for now, remains that the buyer can renew the certificate of occupancy when it expires.


*Please note*: there are *kinds* of C of O, there is a *normal* C of O and there is *a Global* C of O and also we have types i.e. Residential, Industrial, Commercial, Agricultural C of O.


GOVERNOR'S CONSENT.
It's a land document that is obtained whenever you buy a land with C of O.
It's the land document that let's the Governor and the general public know that the
Land in question has changed hands.


DEED OF ASSIGNMENT.
It's actually a document that shows that you are now the new owner of the land.
It is an agreement between the seller of a land/property and the buyer, showing evidence that the seller has transferred all his rights, titles, interest and ownership of the land to the buyer.


RECEIPT
This land document is the least of all and it's just for the seller to acknowledge that he/she has received the due money he/she wants to sell the land.
As simple as this document may seem or appear like, it is still very important for future purposes.


CONTRACT OF SALE.
This is a contract between two or more parties in which the seller agrees to
sell and the buyer agrees to buy a real estate property.
The contract outlines the terms and conditions for the sale and purchase of the property.

You too mussshh. May God supply al your needs according to His bountiful riches in glory.

1 Like

Re: How Well Do You Know Some Land Documents And Titles? by Nyanabo(m): 1:34pm On Jan 20, 2022
Most popular amongst the middle class is the Deed of Conveyance or as you put it Deed of Assignment. wink
Re: How Well Do You Know Some Land Documents And Titles? by ModelLook(m): 1:36pm On Jan 20, 2022
I know everything.

Real Estate. Na the work we dey do.

I always tell people to know a little about Real Estate so that they would not get cheated.
But some still don't listen.

It's sad.

We have two way of investing in Real Estate
1) By Buying Lands And Properties
2) By Investing in Running Real Estate Ventures (Most Real Estate Companies run these)
It is also called Real Estate Investment.

1) The first are for those that have ALOT of money. They can buy lands and houses in cheap areas in Nigeria and wait for some years to resell.
(I have a story on this)

2) The second is investing in Real Estate Comapanies Properties And Ventures. Most Real Estate Companies Have Lands And Properties they have acquired. So most times, they create a platform where people can come in and partner with them to develop these properties.

They do this by creating a system where you bring in money to them and in some months time, you reap a certain ROI.

Most of these comapanies have different schemes where when you invest with them and you reap up to 20%, 35%, 40%, or 45% in 8, 10,12 or 14 months time respectively.

In this case, you are not buying any property at all. You are just a Partner with the company and at the end of your selected month, you collect both your Capital and ROI together and move or you can decide to reinvest again of u desire.

At the end, you are given a Legal Deed of Agreement, A Legal Contract Of Sale and a Post Dated Cheque.

And the best part here is, with as low as just N500K, one can start and become a Partner with them. Then wait for your month to collect both your Capital and ROI depending on the Month you selected.

This is perfect for high, medium and low income earners who are looking for a place to just grow there savings or spare money and relax.

I have people that call me to help them invest in the later becos they don't want to spend the spare cash on them at the moment or don't want to keep it where a fraction of it will keep getting deducted and want to keep it in a safe place inorder to make use of it in the coming months.

To me, this is the best type of Real Estate Investment that has come out.

Not every one can buy house.
Not every one can buy land
Not every one can buy properties
Those that have the strong Financial capability can buy physical Land and properties (Real Estate) and keep to appreciate or develop if they want but for those that don't have enough Financial capability, I always advise the later.

To buy Lands in Lagos now is not easy now. If u want to buy cheap lands, go to Ibeju Lekki. But I must warn you that it is completely BUSH. The cheap lands are inside inside inside inside Ibeju Lekki in very THICK BUSH where Development would NEVER start until after 10 or 20 years. I am not joking.

The expensive lands are in the more Developed part of Lagos. Places like Ikola (Command Area), Ayobo-Ipaja and lands here are above 15Million Naira for a plot.
No lands at Ikeja, Egbeda, Ikotun, Yaba, Maryland, Ikoyi, VI these areas are already so developed with Companies sef.

There are lands at LEKKI but get ready to hold 70M Naira and above in total for just a small single plot.

Infact this Land matter just tire me. Very soon, people will go inside their villages to live

I rest my case.

3 Likes

Re: How Well Do You Know Some Land Documents And Titles? by thelegend1(m): 1:38pm On Jan 20, 2022
BecomeALandLord:
LAND DOCUMENTS AND LAND TITLES.

SURVEY.
This is a document that measure the boundary of a parcel of land to give an accurate measurement and description of the land.


EXCISION.
An excised land that has been released by the government to the indigens of the area who originally owned the land before the government acquired it.
This means that the land is no longer under government acquisition and processing the C of O is possible.


GAZETTE.
A gazette is an official record book, where all special government details, are spelt out, detailed and recorded.
A gazette will show the communities and villages that have been granted excision and the number of acres or hectares of land that the government has given to them.


CERTIFICATE OF OCCUPANCY (C of O)
It's a land document issued by the state government to officially lease any land under the state to you (the applicant), for 99years.
As already indicated above, all lands belong to the government.
A C of O however is the officially recognized land document for demonstrating rights to a land.
A certificate of occupancy can ���� �������� ��� ������������� either be fore residential, commercial or agricultural purposes
It is usually granted for a fixed term of 99yrs and 25years for for agricultural lands.

What happens after 99years?
The response to this for now, remains that the buyer can renew the certificate of occupancy when it expires.


*Please note*: there are *kinds* of C of O, there is a *normal* C of O and there is *a Global* C of O and also we have types i.e. Residential, Industrial, Commercial, Agricultural C of O.


GOVERNOR'S CONSENT.
It's a land document that is obtained whenever you buy a land with C of O.
It's the land document that let's the Governor and the general public know that the
Land in question has changed hands.


DEED OF ASSIGNMENT.
It's actually a document that shows that you are now the new owner of the land.
It is an agreement between the seller of a land/property and the buyer, showing evidence that the seller has transferred all his rights, titles, interest and ownership of the land to the buyer.


RECEIPT
This land document is the least of all and it's just for the seller to acknowledge that he/she has received the due money he/she wants to sell the land.
As simple as this document may seem or appear like, it is still very important for future purposes.


CONTRACT OF SALE.
This is a contract between two or more parties in which the seller agrees to
sell and the buyer agrees to buy a real estate property.
The contract outlines the terms and conditions for the sale and purchase of the property.

Nice write up...what of R of O (Right of Occupancy) and the difference between C of O?

1 Like

Re: How Well Do You Know Some Land Documents And Titles? by thelegend1(m): 1:42pm On Jan 20, 2022
[quote author=cuddling44 post=109535122][/quote]

What you have is simply a survey, which may be fake given the wayward nature of your guy in Kwara.
Go to the surveyor General office and verify.
Re: How Well Do You Know Some Land Documents And Titles? by uniquetechng: 1:43pm On Jan 20, 2022
Nice and educating
Re: How Well Do You Know Some Land Documents And Titles? by OlujobaSamuel: 2:22pm On Jan 20, 2022
Tickles001:
...hmm.
I no get all of those documents when I bought my land.
But I know the deal is genuine though.

Should I be worried?
Yes, you should be worried, someone might have processed the title on the land and you lose all rights to it.
Re: How Well Do You Know Some Land Documents And Titles? by OlujobaSamuel: 2:26pm On Jan 20, 2022
Kingdemu:
Thank you very much for this OP. So if I am buying a land or house in Abuja, what documents should I make sure I verify and are handed to me after the deal? And can I do a change of ownership on a C-of-O the same way we do on cars?

Note: I have not heard of any document called GOVERNOR'S CONSENT here in the North.
No land can be issued 2certificate, so instead of you getting another CofO from the gov after buying a land having one already, you get governor's consent.
The reason you might not have heard of it is that most people don't even care to get their land title, while few that buys one with a CofO believes that they need no other document after deed.
Re: How Well Do You Know Some Land Documents And Titles? by Kingdemu: 2:29pm On Jan 20, 2022
OlujobaSamuel:

No land can be issued 2certificate, so instead of you getting another CofO from the gov after buying a land having one already, you get governor's consent.
The reason you might not have heard of it is that most people don't even care to get their land title, while few that buys one with a CofO believes that they need no other document after deed.
Thanks for the response Sir. But I still doubt if there is a document called Governors consent in the FCT. Or does it have any other name? Thanks
Re: How Well Do You Know Some Land Documents And Titles? by OlujobaSamuel: 2:33pm On Jan 20, 2022
If you're in Lagos and you want to process your land title, ensure you have the family receipt (omonile), this is not just the receipt issued by whom you pay to, but by the family head.
This system started during the time of Ambode to avoid land grabbing.
Op, weldone
Re: How Well Do You Know Some Land Documents And Titles? by OlujobaSamuel: 2:36pm On Jan 20, 2022
Kingdemu:
Thanks for the response Sir. But I still doubt if there is a document called Governors consent in the FCT. Or does it have any other name? Thanks
It might be called Minister's consent, i don't know the term used to refer to it in Abuja since it's a Federal State with an appointed CEO.
I'm familiar more with SW(Lag, Oyo, Ogun & Osun) and little of Kwara
Re: How Well Do You Know Some Land Documents And Titles? by ikechukwu150: 2:45pm On Jan 20, 2022
BecomeALandLord:
LAND DOCUMENTS AND LAND TITLES.

SURVEY.
This is a document that measure the boundary of a parcel of land to give an accurate measurement and description of the land.


EXCISION.
An excised land that has been released by the government to the indigens of the area who originally owned the land before the government acquired it.
This means that the land is no longer under government acquisition and processing the C of O is possible.


GAZETTE.
A gazette is an official record book, where all special government details, are spelt out, detailed and recorded.
A gazette will show the communities and villages that have been granted excision and the number of acres or hectares of land that the government has given to them.


CERTIFICATE OF OCCUPANCY (C of O)
It's a land document issued by the state government to officially lease any land under the state to you (the applicant), for 99years.
As already indicated above, all lands belong to the government.
A C of O however is the officially recognized land document for demonstrating rights to a land.
A certificate of occupancy can ���� �������� ��� ������������� either be fore residential, commercial or agricultural purposes
It is usually granted for a fixed term of 99yrs and 25years for for agricultural lands.

What happens after 99years?
The response to this for now, remains that the buyer can renew the certificate of occupancy when it expires.


*Please note*: there are *kinds* of C of O, there is a *normal* C of O and there is *a Global* C of O and also we have types i.e. Residential, Industrial, Commercial, Agricultural C of O.


GOVERNOR'S CONSENT.
It's a land document that is obtained whenever you buy a land with C of O.
It's the land document that let's the Governor and the general public know that the
Land in question has changed hands.


DEED OF ASSIGNMENT.
It's actually a document that shows that you are now the new owner of the land.
It is an agreement between the seller of a land/property and the buyer, showing evidence that the seller has transferred all his rights, titles, interest and ownership of the land to the buyer.


RECEIPT
This land document is the least of all and it's just for the seller to acknowledge that he/she has received the due money he/she wants to sell the land.
As simple as this document may seem or appear like, it is still very important for future purposes.


CONTRACT OF SALE.
This is a contract between two or more parties in which the seller agrees to
sell and the buyer agrees to buy a real estate property.
The contract outlines the terms and conditions for the sale and purchase of the property.

Righteousness should please say something about this post ��

OP weldon

1 Like

Re: How Well Do You Know Some Land Documents And Titles? by Simpubozz(m): 2:58pm On Jan 20, 2022
This is very educative OP, thanks .
What of those who bought their lands from all these omo onile and the only thing they were issued is the receipt. How can someone initiate the deed of assignment? Can the deed of assignment really serve as evidence to win a dispute in future if any? With the deed of assignment at hand, is there need to approach the state government for governor’s consent?
I just want to understand the necessary documents to obtain if the land is bought from omo onile family
Re: How Well Do You Know Some Land Documents And Titles? by tbred: 3:35pm On Jan 20, 2022
Good looking out for people out here OP.

For those that want to buy land,the first thing to do is to request for the available documents on the said land, most especially the survey document that has the coordinates of the land bearing the sellers name ,then take it to Secretariat or Land Registry to check if the land does not fall under Government Acquisition.

If the land has not been surveyed before,kindly go with your surveyor to chart the coordinates of the land to check if it either falls under Government Acquisition or not.

With this above information, then make sure whoever is selling the land to you is the actual owner either by inheritance or perhaps he's the administrator of the said land after the demise of the owner which would have been stated in a Will.

Always do your due diligence and never be in a hurry to pay for a landed property until you're satisfied everything checks out.

That being said, I'm a property Consultant, I have lands and Houses for sale in Ibadan and Lagos.

Contact: 08023536207 Call/WhatsApp

Kindly follow us on Instagram: @bluestonesproperties

Genuine.
Buy peace of mind.

2 Likes

Re: How Well Do You Know Some Land Documents And Titles? by Lisaint(m): 3:38pm On Jan 20, 2022
I learn something new today!


But please how will one know the land you are about to buy is free from Government Accqusition


Cause omo onile can be so dubious


It happened in Age-mowo badagry
Where the police authority use to build estate now at Age-mowo
Some people already stay 10years on the land before they come and purse them that they are on government land!


So please how can one be sure before buying?
Re: How Well Do You Know Some Land Documents And Titles? by DawnG1(m): 3:39pm On Jan 20, 2022
Thanks for this OP. This is concise and comprehensive. wink
Re: How Well Do You Know Some Land Documents And Titles? by GreatAxeMan: 3:42pm On Jan 20, 2022
99% of Nairalanders needed to read this.
Re: How Well Do You Know Some Land Documents And Titles? by Evidenx(m): 3:55pm On Jan 20, 2022
I have a 100x100 land to sell in abuja kuje local government at a give away price.
Hit me up if interested, and if you can bring a buyer,you will have your cut from it's sale.

(1) (2) (3) (4) (5) (Reply)

Click Here And Get Your Cheap & Affordable Aluminium Roofing Sheets From Our Company! / Dead Bodies Of The Policeman, His Wife, Daughter Killed By Fire Outbreak In Yola / Fire Guts Building In Lagos After Woman Left Her Air Conditioner On. Photos

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 74
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.