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UNDERSTANDING THE DIFFERENCE BETWEEN EXCISION AND CERTIFICATE OF OCCUPANCY BY DENNIS ISONG 

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UNDERSTANDING THE DIFFERENCE BETWEEN EXCISION AND CERTIFICATE OF OCCUPANCY BY DENNIS ISONG 

UNDERSTANDING THE DIFFERENCE BETWEEN EXCISION AND CERTIFICATE OF OCCUPANCY BY DENNIS ISONG

 

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Sahara Weekly Reports That When it comes to real estate and property ownership, there are various terms and concepts that can be confusing for both buyers and sellers. Two such terms are “excision” and “certificate of occupancy.” While these terms are related to land and property rights, they represent different stages and aspects of the property ownership process. In this article, we will delve into the differences between excision and certificate of occupancy, clarifying their meanings and significance in the real estate domain.

 

 

 

 

 

 

 

 

UNDERSTANDING THE DIFFERENCE BETWEEN EXCISION AND CERTIFICATE OF OCCUPANCY BY DENNIS ISONG 

 

 

 

 

 

 

 

 

 

EXCISION:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Excision is a term commonly used in the context of land acquisition and development, particularly in Nigeria and a few other countries. It refers to the legal process through which a portion of land is officially separated from a larger piece of land for a specific purpose.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The primary aim of excision is to remove any encumbrances or claims on the land, ensuring that it can be sold or developed without any legal hindrances.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The excision process typically involves the intervention of the government or relevant authorities who are responsible for approving and implementing the excision.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The land is surveyed, and a survey plan is created to clearly demarcate the excised portion. The necessary documentation, including the survey plan and other legal requirements, must be fulfilled to obtain an excision grant or order from the appropriate authority.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Once the excision is granted, the land is considered free from any government acquisition and can be legally sold or transferred to individuals or organizations.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CERTIFICATE OF OCCUPANCY (C OF O):

 

 

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On the other hand, a Certificate of Occupancy (C of O) is a document issued by the government or relevant regulatory body to confirm that a property has met all the necessary requirements and is fit for habitation or commercial use. The C of O serves as evidence of legal ownership and grants the holder the right to occupy, possess, and develop the property within the specified terms and conditions.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

To obtain a Certificate of Occupancy, the property owner or developer must comply with various regulations and building standards set by the government or local authorities. These regulations typically include aspects such as proper land use, adherence to zoning restrictions, compliance with construction codes, and provision of essential amenities like water, electricity, and sewage systems. The property is thoroughly inspected by the appropriate regulatory body to ensure that it meets all the prescribed criteria before the Certificate of Occupancy is issued.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Differences between Excision and Certificate of Occupancy:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purpose: Excision primarily focuses on the division or separation of land from a larger piece for individual use or development. Certificate of Occupancy, on the other hand, verifies the compliance of a property with legal and regulatory standards, declaring it suitable for occupation or commercial purposes.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Scope: Excision is concerned with the demarcation and liberation of land from government acquisition, removing any legal claims or restrictions. Certificate of Occupancy evaluates the physical structure and amenities of a property to ensure it meets the necessary requirements for safe habitation or commercial use.

 

 

 

 

 

 

 

 

 

 

 

Legal Nature: Excision is a legal process that confirms the removal of government claims on a particular portion of land, granting the owner the right to transfer or develop the land. Certificate of Occupancy is a legal document that affirms the legal ownership and suitability of a property for occupation or commercial activities.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dennis Isong is a TOP REALTOR IN LAGOS.He Helps Nigerians in Diaspora to Own Property In Lagos Nigeria STRESS-FREE. For Questions WhatsApp/Call 2348164741041

 

 

 

 

 

 

 

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Middle Belt group convenes meeting to addres insecurity, starvation

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Middle Belt group convenes meeting to addres insecurity, starvation 

Middle Belt group convenes meeting to addres insecurity, starvation

 

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By Ifeoma Ikem

 

 

 

 

 

 

 

Sahara Weekly Reports That The United Middle Belt Indigenous Peoples Congress (UMBIPC) will convene an extraordinary session of its national executives in Abuja this Saturday.

 

 

 

 

 

Middle Belt group convenes meeting to addres insecurity, starvation 

 

 

 

 

 

The meeting, themed “Insecurity, Starvation, and the Need for Peace-building across the Middle Belt of Nigeria,” will address the escalating attacks and killings of farmers and villagers in the region, amidst widespread hunger and poverty.

 

 

 

 

 

 

 

 

 

 

 

 

 

According to UMBIPC’s President-General, Barr. Abuka Omababa, the session aims to find strategic solutions to the crisis, promote peace and unity, and unlock the region’s economic potential.

 

 

 

 

 

 

 

 

 

 

 

 

 

He emphasized that the meeting is crucial, as the Middle Belt faces unprecedented challenges, and its people can no longer afford to be passive in the face of violence and neglect.

 

 

 

 

 

 

 

 

 

 

 

 

Omababa described the ongoing attacks as an aberration, stressing that the Middle Belt people are peace-loving and should not be taken for granted.

 

 

 

 

 

 

 

 

 

 

 

 

 

He warned that the indigenous people will not be seen as weak and will explore all options to ensure their self-preservation and survival.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The meeting seeks to chart a path towards lasting peace, where everyone can live safely and securely, without fear of harm.

 

 

 

 

 

 

 

 

 

 

 

 

 

Omababa reiterated that the ultimate goal remains a united and progressive Nigeria, but the immediate priority is the survival and well-being of the Middle Belt people.

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Why nigerians in the diaspora should first look out for features of a property before investing by Dennis Isong

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Why nigerians in the diaspora should first look out for features of a property before investing by Dennis Isong 

Why nigerians in the diaspora should first look out for features of a property before investing by Dennis Isong

 

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Sahara Weekly Reports That It may be tasky for Nigerians in the diaspora to be able to identify what a property entails if they have not been in Nigeria for a while. However, when property features and neighborhoods are highlighted in a property listing, it helps with making informed decisions.

 

 

 

 

Why nigerians in the diaspora should first look out for features of a property before investing by Dennis Isong 

 

 

 

 

Nigerians in the diaspora considering investing in property back home should prioritize assessing the features of a property thoroughly for several reasons:

1. Ensuring Value for Money:

The neighborhoods of the property’s location significantly influences its value. Proximity to essential amenities like schools, hospitals, markets, and transportation can enhance a property’s attractiveness and market value.

 

The dimensions of the property features, including the number of rooms, bathrooms, and overall layout, should match the buyer’s needs and justify the price.

 

 

Evaluating the condition of the property, including the quality of construction, age, and any need for repairs or renovations, helps ensure that the investment is sound and that there won’t be hidden costs post-purchase.

2. Maximizing Rental and Resale Potential:

Properties with modern amenities (e.g., reliable water supply, power backup, security systems) and features (e.g., parking spaces, green spaces) tend to attract higher rents and better resale values.

 

Understanding Lagos real estate market can help investors choose properties that are in demand, ensuring they can quickly find tenants or buyers.

3. Avoiding Scams and Fraud:

Cross-checking the advertised features with the actual property helps verify the legitimacy of the deal. Scammers often misrepresent properties to deceive buyers.

 

Ensuring the property has a clear title and all necessary documentation prevents legal disputes and confirms ownership.

4. Personal Satisfaction and Suitability:

For those planning to use the property personally, it’s crucial that the property aligns with their lifestyle and preferences. Features like the number of bedrooms, kitchen size, and backyard space can significantly impact living quality.

 

Features that allow for future expansion or modifications can be crucial for long-term satisfaction and adaptability.

5. Investment Stability and Appreciation:

Properties in economically stable and growing areas tend to appreciate more reliably, providing a secure investment.

 

Areas with ongoing or planned infrastructure developments (like new roads, public transport, or commercial hubs) often see a boost in property values over time.

HOW CAN YOU CONFIRM THE FEATURES AND NEIGHBORHOODS OF A PROPERTY LISTING IN ABSENTIA?

 

1. Ask the realtor to do a video.

 

2. Send a trusted person to confirm.

 

3. Do a video call for confirmation.

 

4. Ensure what was listed match with what’s shown in the video.

 

5. Check the map.

 

 

 

 

I hope you learned something new? Kindly scroll down to save my number and send a message.

 

Dennis Isong is a TOP REALTOR IN LAGOS.He Helps Nigerians in Diaspora to Own Property In Lagos Nigeria STRESS-FREE.

For Questions WhatsApp/Call 2348164741041

 

 

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You Don’t Mean Well For Tinubu, Group Tells Wike, Allies For Disregarding Rivers Peace Accord

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*You Don’t Mean Well For Tinubu, Group Tells Wike, Allies For Disregarding Rivers Peace Accord

 

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The Oduduwa Solidarity Network (OSN) has slammed the FCT Minister, Nyesom Wike and his allies for undermining President Bola Tinubu by violating the Rivers State Peace Accord.

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The group said the actions and utterances by Wike and his supporters are unacceptable and undermine the dignity of the office of the President.

In December 2023, Governor Siminalayi Fubara signed an agreement with his predecessor, Wike, to end the political crisis in Rivers state.

An eight-point peace deal was brokered by President Tinubu and other stakeholders at a crucial meeting in the Presidential Villa, Abuja.

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But in a statement signed by Otunba Gbenga Aremu, the group said Wike has chosen to brazenly violate the terms of the agreement, perpetuating a culture of violence, intimidation, and division.

Aremu noted that Governor Fubara, meanwhile, has adhered to all aspects of the deal, including withdrawing all court cases.

“The Oduduwa Solidarity Network is utterly dismayed and disappointed by the flagrant disregard for the peace accord signed by Nyesom Wike and Governor Siminalayi Fubara of Rivers State. This accord, brokered by President Bola Tinubu and other stakeholders, aimed to bring an end to the political crisis in Rivers State and usher in a new era of peace and cooperation, “ Aremu said.

“Instead, Wike has chosen to brazenly violate the terms of the agreement, perpetuating a culture of violence, intimidation, and division. His actions are a clear affront to the authority of President Tinubu, a betrayal of the trust placed in him, and a slap in the face to the people of Rivers State who yearn for peace and progress.

“We condemn in the strongest terms Wike’s sustained attacks on Governor Fubara and his administration, particularly through the state assembly members. His public outbursts and inflammatory rhetoric have created an atmosphere of fear and uncertainty, undermining the progress made towards peace and stability in the state.

“Wike’s behavior is a stark reminder of the divisive and reckless politics that has held our country back for too long. His refusal to respect the authority of the President is a disservice to the people of Rivers State and Nigeria as a whole.

“Nigeria deserves better than the petty politics and divisive rhetoric that Wike has displayed. We must all strive to build a more united and prosperous nation for ourselves and future generations.

“Furthermore, we are appalled by Wike’s refusal to acknowledge the efforts made by Governor Fubara to implement the agreements, including the re-appointment of the nine pro-Wike commissioners who resigned their positions in the heat of the crisis and payment of the withheld entitlements of the lawmakers.

“We demand that Wike takes immediate responsibility for his actions and apologizes to Governor Fubara and the people of Rivers State within 24 hours. Failure to do so will leave us with no option but to mobilize nationwide protests calling for his removal as minister.

“We stand in solidarity with Governor Fubara and the people of Rivers State in their quest for peace and development. We will not stand idly by while Wike continues to undermine the progress made towards a more united and prosperous Rivers State.

“We call on President Tinubu and other stakeholders to take immediate action to address this situation and ensure that the peace accord is respected and implemented in full. The people of Rivers State deserve better, and we will not rest until peace and stability are restored.

“We also urge President Tinubu to continue to uphold the highest standards of leadership and to work towards uniting our country.”

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