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What Should I Look Out For When Buying A Land? Help Guys - Properties (4) - Nairaland

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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:
Location ooo. I have been trying to sell 3 lands of mine for 1yr now but no one is buying because of the location

Re: What Should I Look Out For When Buying A Land? Help Guys by hardbody: 12:27pm On Jul 07, 2022
ThinkWISELY:
A fenced land for sale at Folu close to Dangote Refinery, Ibeju Lekki , Lagos.

Serious buyers are welcomed, this is a direct deal and not all these property agent who don't know what they are doing or takes ages to allocate land to you .

Price: 85 Million Naira

Size : 5000 Square Meter Fenced


This Land is extremely increasing in value as time goes by , it's an investment never to regret especially in that location.

Land is spacious for Hotel, Mini Estate, Residential, Company, Ware house or Industry.


Now back to your question
Get a lawyer
Lagos for example, the standard measurement for a plot of land is 60’ x 120’ – 18m x 18m i.e 648 square meters. Other cities in the country also offer 50’ x 100’ measurement for a plot of land.No matter what you do, do not go into a deal in which the seller cannot provide the proof of ownership. It is also in the same vein that you must ensure you have all the documents required after the transaction, in order to avoid unnecessary issues with the government or land grabbers.
No matter what you do, DO NOT PAY IN CASH when buying a land. You must ensure everything is properly documented from the cost of the land to the receipt of survey fees. The only way you can save yourself from unnecessary stress in the future is by documenting all the payments.
Other notable factors, reasons,is it for residential or commercial purpose, access to roads, security and is it in an appreciation location

I hope this helps.

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 grin grin grin
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:


Thank you bro. Please do you have any experience with pwan? I'll like to know in fact my friend who works there is on my neck to get a land through them.

Abeg enlighten me bro
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 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 grin grin grin


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:
Good day guys hows your day going?

Guys am contemplating on getting landed property at two different locations in Lagos and honestly I be jjc when it comes to land measurements and stuffs like that. I nor know anything about the documents and all.

So am asking what should i look forward to? What kinds of documents must I get or request for as a sole ownership.

Help me guys before the follow go another road Waka.

Thank you
Re: What Should I Look Out For When Buying A Land? Help Guys by Kemadealadire(f): 12:49pm On Jul 07, 2022
Nonexisting:
I have been cheated before but now, I have a secret to successful land buying. I now buy through labour unions. The one I bought recently was through my old school mate that works in NTA. Their labour union was selling to their members and friends so he intimated me.
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:
Good day guys hows your day going?

Guys am contemplating on getting landed property at two different locations in Lagos and honestly I be jjc when it comes to land measurements and stuffs like that. I nor know anything about the documents and all.

So am asking what should i look forward to? What kinds of documents must I get or request for as a sole ownership.

Help me guys before the follow go another road Waka.

Thank you

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:


Thank you bro. Please do you have any experience with pwan? I'll like to know in fact my friend who works there is on my neck to get a land through them.

Abeg enlighten me bro
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

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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:
Good day guys hows your day going?

Guys am contemplating on getting landed property at two different locations in Lagos and honestly I be jjc when it comes to land measurements and stuffs like that. I nor know anything about the documents and all.

So am asking what should i look forward to? What kinds of documents must I get or request for as a sole ownership.

Help me guys before the follow go another road Waka.

Thank you
Re: What Should I Look Out For When Buying A Land? Help Guys by FuckDModz: 1:04pm On Jul 07, 2022
IBILEmayweather:
Get a good lawyer and surveyor and please avoid real estate companies especially PWan Signatures and others

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:



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.

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.
Re: What Should I Look Out For When Buying A Land? Help Guys by Neroclassic001: 1:04pm On Jul 07, 2022
IBILEmayweather:
Get a good lawyer and surveyor and please avoid real estate companies especially PWan Signatures and others
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:


What's the problem with PWAN?
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:
Good day guys hows your day going?

Guys am contemplating on getting landed property at two different locations in Lagos and honestly I be jjc when it comes to land measurements and stuffs like that. I nor know anything about the documents and all.

So am asking what should i look forward to? What kinds of documents must I get or request for as a sole ownership.

Help me guys before the follow go another road Waka.

Thank you





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:


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.

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:

They are not credible at all. Avoid that company if you want peace of mind

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:


How are they not credible? Can you provide more information regarding this?
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:

Please what do you mean by "avoid real estate companies especially PWAN"? Cos I'm about to partner with them on real estate.
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:
I have been cheated before but now, I have a secret to successful land buying. I now buy through labour unions. The one I bought recently was through my old school mate that works in NTA. Their labour union was selling to their members and friends so he intimated me.

okayyyy....
Re: What Should I Look Out For When Buying A Land? Help Guys by hardbody: 1:26pm On Jul 07, 2022
ThinkWISELY:


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.

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:
1. Make sure you're dealing with the rightful owner. And how would you know he or she is the owner?

A. Ask around. Don't base your findings on just one person or two unless you know them from Adam or a reputable person.

2. Papers to look out for; RofO ( Right of ownership) and CofO (Certificate of occupancy). Check whether or not the names correspond with the one he's telling you and the one on paper.

3. Go with a site engineer. They usually have more knowledge of landed properties or real estate businesses.

4. Remove yourself from a community land. Unless you're the president of this country.

5. Go to the board that houses or is in charge of the area land database. Submit the available document given to you by the land owner for cross-check. That's where everyother step you'll follow lies.

Etc...

More information from Nairaland engineers please.
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:

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.

Very salient point.

2 Likes

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