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HOW TO ACQUIRE AND REGISTER YOUR PROPERTY TITLE IN ABUJA

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PLACES WHERE REAL ESTATE IS BOOMING IN LAGOS

HOW TO ACQUIRE AND REGISTER YOUR PROPERTY TITLE IN ABUJA

BY DENNIS ISONG

HOW TO ACQUIRE AND REGISTER YOUR PROPERTY TITLE IN ABUJA

 

Acquisition of personal Real Estate assets/Landed property in your name, indicating a welcome change from a life of paying rent and living in fear of the Landlord is what we term success.

But the Nigerian Real Estate sector is fraught with too many legal risks and is as a result, highly regulated.

 

 

 

 

That you made a payment to the Land vendor and signed a document called a Deed of Assignment which the “Agent of the seller” claims his lawyer prepared does not mean that you are good to go.

Is it over? How can you be completely sure that the owner of the land sold you a valid and free title to the property you paid for? How sure are you that your title has been registered and secured under the law just because you signed a Deed of Assignment?

 

 

 

 

 

 

 

We shall look into questions and responses concerning that.

How can I be sure that the land vendor is genuine and that he is selling me a legitimate title?

 

 

 

 

 

 

 

You can do your due diligence through this measure known as a SEARCH REPORT being carried out at the Land Registry of the state where the property you want to buy is located( the FCT Department of Lands Administration for Abuja or Federal Land Registry for Federal Land Registry for Federal Land owned in states e.g. FHA Real Estate assets).

What are the requirements and procedures for a Land Search Report?

 

 

 

 

 

 

 

 

-Write an application letter to the Director of Lands Administration detailing the property information as it appears on the Certificate of Occupancy including the particulars of the supposed owner/vendor of the property, the plot and file numbers, the Certificate of Occupancy number, and date details

-Attach to this application evidence of payment (a customized teller) of a search fee of 10,000 Naira for a Residential purpose property or 20,000 Naira for Commercial purpose properties (which might have been increased). You will also need to present an original certificate or a right of occupancy for sighting and documentation purposes and a valid means of identification

 

 

 

 

 

 

 

 

-A search of the property will then be carried out by Land Registry staff.

Note: In addition to a Land Registry search, you will need to also carry out a corporate search at the Corporate Affairs Commission if the property is sold by a company, you also need to search with the State Probate Registry for a Letter of Administration or Probate Grant if the vendor says the property he is selling was gotten via inheritance. If the property is said to be gotten as part of a share of Community land, you need to properly verify this by checking with as many members of the extended family and community as possible.

 

 

 

 

 

 

 

 

 

 

If the property you wish to buy is developed or a high-rise building structure you might need to procure or ask the vendor for a profile of the building designers as well as a certificate of structural integrity as well as technical information on the building foundation quality.

What if the land I want to buy is not registered and has no title documentation attached to it?

 

 

 

 

 

 

 

 

In the case of Lagos where this is more of a problem, you will have to carry out what is known as Charting at the State Surveyor-General’s office to check if the land is under Government acquisition or eligible for private ownership.
In some cases, the vendor might tell you that the landed property is covered by an excision (a release of land by the Governor of a state to a community or a set of Private occupiers using a Gazette) which might be a lie and can only be confirmed by a Gazette number.

What does it mean if I go ahead and buy this piece of unregistered property and it turns out to be a government acquisition?

 

 

 

 

 

 

 

 

That means you have been scammed.
Buying land of this nature is a gamble. If the land is a pure Government acquisition, you can simply carry out what is called Land Regularization/ Ramification which involves buying the same piece of land all over, but this time paying directly to the Government.
If the land however is what is called a government commitment acquisition, then your money is totally gone and you are definitely getting no land as Government-committed lands are usually earmarked for dedicated State projects from Government estates and schemes to Power distribution lines, Oil and Gas pipelines, Agricultural schemes, industrial layouts.

How can I do my due diligence without running the risk of losing this deal to quicker buyers? What can I do to commit with the vendor so I don’t lose the juicy offer?

 

 

 

 

 

 

 

 

 

 

 

In that case, what you should do is to execute a Contract of Sale which legally binds both of you pending when you carry out your findings and finally complete the sale through a statutorily required Deed of Assignment or Conveyance. This contract will have the legal effect of invalidating any subsequent discreet sale to a purchaser for a higher value if attempted by the vendor.

Note: Such a Contract of Sale usually requires that you deposit a portion of the Transaction price of the piece of land. It is also prudent to demand that the vendor under the contract provide every help needed to register your title to the property after the Deed of Assignment has been completed and the Transaction value of the property has been fully paid by you.

 

 

 

 

 

 

 

 

 

Why do I need to register my title to the property? Won’t just completing the payment and signing the Deed of Assignment or Conveyance be enough to qualify as a complete transfer of property?

By Section 22 of the Land Use Act 1978, it is a compulsory requirement that every transaction or conveyance of a Statutory Right of Occupancy be registered after getting the consent of the Governor of the State who by the Act is the Statutory Trustee/ Legal ownership repository of all lands within a state. Customary rights of Occupancy are regulated by the Local Government of the area where the land is situated.

 

 

 

 

 

 

 

 

 

What this means is that all Land transactions must be registered with the State Land Registry after getting a Governor’s consent, otherwise, they will be deemed illegal. So, you must commence the Registration process within 30 days of executing the Deed of Assignment.

 

What does it take to register a title to Real Estate property and how long does it take to obtain a Governor’s consent?

 

 

 

 

 

 

 

 

 

 

1. A completed application for a grant/subsequent grant of a Statutory Right of Occupancy
2. Proof of payment of an application processing fee of 100,000 Naira for commercial land and 50,000 Naira at designated banks
3. A photocopy of a receipt obtained from the Abuja Geographical Information System (AGIS) upon presentation of the application processing fee teller
4.2 passport photographs
5. A valid means of Identification
6. Tax Clearance Certificate

 

 

 

 

 

 

 

 

 

 

 

(For land that is to be acquired for Development/ Commercial purposes, the following will be required:

1. A schematic design of the proposed building
2. An Environmental Impact Assessment (EIA)
3. Evidence of Financial and Technical capacity
4. Incorporation Certificate, CAC forms, and Corporate Tax Clearance Certificates in the case of the applicant being a company

 

 

 

 

 

 

 

 

 

 

 

 

 

Building permits in Abuja are handled by the Department of Development Control (DODC)
It should also be noted that the AGIS registers Powers of Attorney over undeveloped portions of land within Abuja while a Deed of Assignment is registered to indicate the conveyance of a title to a developed portion of land within Abuja.
Dennis Isong helps individuals invest right in Real estate. For questions on this article or enquiring about Real estate. Follow him on Youtube https://www.youtube.com/landpropertyng , Email Dennis@Landproperty.ng or Whatsapp/Call +2348164741041

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SERVICE TO HUMANITY : SAVE OMOLOLA OGUNLAJA A 32 YEAR OLD TAYLOR NEEDS 15 MILLION NAIRA TO WALK AGAIN

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OMOLOLA OGUNLAJA

SERVICE TO HUMANITY : SAVE OMOLOLA OGUNLAJA A 32 YEAR OLD TAYLOR NEEDS 15 MILLION NAIRA TO WALK AGAIN

OMOLOLA OGUNLAJA

Service to humanity, they say it’s the best work of life, what else could we have live for in life, if not seeing our fellow human living well. Pains isn’t something we all clamor for, but in the case of a 32 years old Tailor, OMOLOLA OGUNLAJA she has been in pains since February, 2019.

 

Omolola Ogunlaja is a well known fashion designer who encounter the pains she has been in for over 3 years in the course of delivering her Job, as she had an accident on her way back from her esteemed customer. However, Omolola made it known to 1steleven9jatv that she has undergone varieties of surgery both in Lagos State and Abeokuta, but both surgery in both states were not successful as the injury has been infected.

 

 

 

 

 

 

She was however advised to undergo a surgery on non union of the femoral fracture and knee replacement surgery in India, which is why she called upon 1steleven9jatv for broadcasting help to the fellow Nigerians.

 

It’s of our utmost priority at the moment to seek for the help of Nigerians both Home and Abroad for the surgery of our Dear friend, Omolola Ogunlaja who’s currently down in sick bed and couldn’t continue again with her chosen field sequel to the accident she had. We all can make her walk again and live beautifully well if we all support her with our little peanut which will go a long way.

 

 

 

 

 

Omolola is in need of 15 million naira to undergo the surgery, below are the account details for payment;

Account Name : OGUNLAJA OMOLOLA
Account Number : 2406501671
Bank : Zenith Bank.
Phone No : 07035491920.

 

 

 

 

May God bless us all with good health. See Graphics for more details. #Saveomololaogunlaja

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Why You Should Patronize Winney’s Secret

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Winney's Secret

Why You Should Patronize Winney’s Secret

Winney's Secret

 

Get your fashionable needs covered with winney secrets!

Make yourself, and your outfits noticeable with the best of Perfumes, Body spray, Oil perfume, and roll-ons from winney secrets, passing on a good impression to others.

 

 

Winney secrets also have got you covered on Unisex wears that are intriguing and eye-grabbing.

You can also get your wigs of various types, and various shades of beauty.

 

 

 

Also, you can shop for elegant shoes to make your feet look beautiful

To place an order;
Call: 07050708609
WhatsApp: 08083885106

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Lady Born Without Legs Shares Emotional Story

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Lady Born Without Legs

Lady Born Without Legs Shares Emotional Story

Lady Born Without Legs

 

Lady born without Legs shared her experiences with his boyfriend. Eunice narrates how she was betrayed by people she loved and trusted so much with her life. Eunice, who was born with a disability, shared her story. Her parents died when she was 3 years old, and she was left in the care of her grandparents. She was humiliated, insulted, and demeaned in school because of her disability. She felt sad that she couldn’t run with her peers because of her disability. She was “very upset” when a classmate asked her why she didn’t have legs. She cried and asked her grandparents to send her to a disability school.

 

After graduation, she searched and searched for a job but was unable to find a job because of her disability. She later moved in with her brother. One of her family members volunteered to assist her and take care of her because of her disability. It wasn’t long until she met someone she liked and they started dating; he came to see her often until the unexpected happened.

 

 

 

 

 

When she got home one day, after a long day of searching for a job, she found him and her caregiver on the couch embracing each other. When they saw her, they pretended to not be doing anything since they were in a state of awe.

 

 

 

 

 

 

The most terrible event of my life, because I loved him so much,” says Eunice. When she tried to get in touch with her ex-boyfriend, he told her to never call his phone again and to delete all of his memories. According to her, the caregiver tendered an apology. In the end, though, she was able to move on and forgive her. She cry every day since she couldn’t find a man to love her and marry her. Having a disability has made it difficult for her to get a job, she said.

As her brother prepares to get married, she is begging friends and family to please help her start a cosmetics business and rent an apartment for her so she won’t be a financial burden to him. She always cry knowing she will may not find a man to marry her and might never find a job because of her disability now her career snatched the only man that loved her from her.

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