Land Registry Lagos Nigeria - Free Tips About Bureau of Lands
Land registry Lagos Nigeria. Free tips to help you get the most from bureau of lands in Lagos and some Nigeria real estate success tips.
||The land registry in Nigeria responsible for all Nigeria real estate issues pertaining to land matters is the bureau of lands. The Lagos state
bureau of land is located at Alausa secretariat Ikeja Lagos.
Some people have a hard time locating the bureau of lands because of its location. The bureau of lands building is somewhat separate from the rest of
the Lagos government secretariat at Alausa.
The land office is a separate building enroute the Lagos Ibadan expressway just as you are about to enter
the expressway on your way from the main secretariat at Alausa Ikeja.
The building of the land bureau is on two major roads . . . the road that leads to 7up factory (bottlers of Pepsi cola in Nigeria) and the Lagos Ibadan
||The bureau of land Lagos state is the land registry responsible for all matters relating to land in Lagos Nigeria. If you want to verify the status of
any Lagos land, you do it at the bureau of lands.
The land verification process requires you to obtain the verification form at a cost of five thousand Naira (as at the time of writing). You fill out
the form, attach the land documents, and submit in the appropriate office.
The verification process is essentially to determine if the land you're about to buy is free of government acquisition and free of litigation . . . two
situations that can render your purchase and ownership null and void.
The cost of buying property is substantial. It will be disastrous to make that huge investment and then be told you've purchased a government owned
land. It's like throwing money down the drain. And it can break your heart.
So, before you purchase that property, do due diligence by verifying its status with the bureau of land of Lagos state or the state in Nigeria where
the land is located. This singular act can save you a lot of trouble and heartache.
The land verification process is also an essential step to processing the
certificate of occupancy (or C of O)
of your land.
One important advice.
Complete the legal documentation of your property as soon as possible.
If you do not yet have a C of O for your property, your legal ownership is still contestable in the future.
The advantage of having a C of O for your
property is that it legally identifies you as the owner as far as the government is concerned. A C of O from the government means that the government
has legally leased the property to you for 99yrs.
||If for any reason the government decides to encroach into your land in the future in the course of executing a project, your C of O compels the
government to give you full compensation.
Your C of O is a protection for your property.
Besides, when your property has a C of O, the value appreciates in the eyes of potential buyers if you
decide to sell any time in the future. Either way, you win.
The entire process starts with proper land verification with the land registry . . . the bureau of lands Lagos Nigeria. This is a MUST DO.
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