Construction Hints

If it is a family property, you need to be extra careful here, problems that are common with family property are:                                            I.       Problems arising from illiteracy-future denial of sale.                                         II.       Dispute/ legal tussle/protracted court action that may not be known to you at the time you are buying,                          ...

Apart from getting family receipt. Make sure you get a document of transfer from them where all the name of principal members, and head or accredited representatives of the family branches and family head are written are written and executed (i.e. sign)  by all of them. If some are illiterate ensure there is a column on that document where it is written that the content was read and interpreted to them in their language and they only sign after understanding same. Let them physically put you on the land at the time of making payment. If possible take photograph of the situation of the land/property and make happy with you. Don’t delay in doing survey plan and stamp duty at the proper office not through touts. Take quick possession of the property and assert your right or presence on the property so that whatever problems that exist will emerge so quickly. Any property that is a subject of court action or quarrel, don’t buy except you are ready to pay purchase price many tim...

1.       Feel free to ask questions from the one who has offered the property for sale. (Its your hard earn savings you are about spending) (Follow this link;  HOW TO SAFELY ACQUIRE LAND PROPERTY  ) as guides to your questions. Ask for documents even if its photocopies at that stage. Scrutinize those documents and if any discrepancy is noted, demand for explanation. Visit or inspect the property without the knowledge of the person offering the property to sale. Open your eyes (shine your eye) to notice it there are things that can agitate minds. Use wisdom to ask a few questions from the people close to tat property about who owns the property you wish to buy and who do they think has right to sell land here. At that stage, it is advisable to involve a solicitor/lawyer or property consultant (note; not a property agent who in most cases does not have sufficient training or qualification...

According to Lectric Law Library; A  Power of Attorney  is a document that allows you to appoint a person or organization to handle your affairs while you're unavailable or unable to do so. The person or organization you appoint is referred to as an " Attorney -in-Fact" or "Agent." Specific things you have to know about Power of Attorney are these: i.                     It must relate to the property offered for sale and makes reference to the documents covering the property. ii.                   The name of seller and his signature must be an authority with the specific mention of the name of the person so authorized. iii.                 If the owner of the land who is making the Power of Attorn...

1.) Nitel Building   Lagos  160 M  ( 520 Ft.), 32 Floors, Completion Date: 1979 2.) Union   Bank   Headquarters   Building ,   Lagos . 124 M (407 Ft), 28 Floors. Completion  Date;??     3.) Cocoa House   Ibadan . 105 M (344 Ft.), 6 Floors, Completion Date; 1965 4.) Independence House Lagos 103 M (388 Ft.), 23 Floors Completion Date; 1960  5.) Intercontinental Hotel Lagos 100 M (330 Ft) 22 Floors  Completion, 2013 6.) Great   Nigeria   House   Lagos . 95 M  (312 Ft.), 22 Floors, Completion  Date ; ?? 7.) National Oil Headquarters Lagos 83 M (272 Ft) 23 Floors,  Completion  Date; 1984 8.) Stock Exchange House Lagos , 83 M (272 Ft) 22 Floors, Completion  Date;?? 9.) Uba House   Lagos , 80 M (260 Ft)   20 Floors,  Completion ...