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Ownership of real property is to be supported by documentary evidence. There are five documents every property must have. If you do not have any of them, there is a need to discuss with a real estate consultant at your earliest convenience. They are:
1. PURCHASE RECEIPT: A purchase receipt is a written acknowledgement of the recipient of payment for a property. It may be required as an evidence of ownership or acquisition of property in certain circumstances.
2. A REGISTERED SURVEY PLAN: A survey plan is a diagram that describes the margin and precise dimension of a parcel of land. A surveyor is an expert who is concerned with the official assessment for evaluation and measurement of land. The survey is expected to be lodged (registered) at the Surveyor General’s office of the State in which the land is situated.
3. DEED OF ASSIGNMENT: A Deed of Assignment is a document that shows the new legal owner of the property; i.e. the property has been transferred from the seller to the buyer. It is a contract from the seller to assign his/her rights in the property to the buyer.
4. CERTIFICATE OF OCCUPANCY (C of O)/ REGISTERED GOVERNMENT TITLE: The C of O is a document evidencing your ownership of a particular portion of land for a specified period of time (usually 99 years for residential land). It is issued by the Governor of the State in which the property is situated.
5. APPROVED BUILDING PLAN: This is an endorsement to proceed with the construction or reconfiguration of a particular structure in a specific place, in accordance with the approved requirement. It is very essential that you ensure that the structure of the property corresponds with what is shown on the plans.
If your property does not have any of the documents listed above, it is pertinent to discuss with your Real Estate Consultant or Advisor as soon as possible. Thank you.
More info? Please contact;
The Multipliers Realty (Real Estate Consultant)
Call/WhatsApp: +234 704 533 3366
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Land excision is a mechanism through which State governments releases portions of lands to the indigenous holders or settlers through procedures and processes that are recognized by law.
The procedure for processing of land excision in Lagos State are as follows.
1. Application for Excision: A land excision application will be forwarded to the Lagos State Land Use Allocation Committee (LUAC) with the official letter-head paper of the family head, community head or Baale. The application will contain such details as historical background of the community, population, major occupation of the community, perimeter survey, purpose of the area to be excised, and justification of the excision.
2. Processing by Technical Committee: Within a period of 7 days after the application was received, it would be forwarded to the Technical Committee of LUAC for further processing.
3. Charting Information: The Perimeter Survey of the area to be excised will then be handed over to the Surveyor-General, who will in turn look at the charting and discern whether or not the requested excision falls within government committed-area, in which case the application will be revoked outright.
4. Site Inspection: On getting the Surveyor-General’s approval, the technical committee will proceed to carry out a physical examination of the site in question. The purpose is to determine the authenticity of claims made in the application and interview community members in order to gather additional information that will be crucial to approval or disapproval of the application. The duration for this part of the process is usually 14 days after Surveyor-General’s report is issued.
5. Conformity to Master Plan: After inspecting the site, the technical committee will make sure the intended use of the land conforms to the Master Plan for the respective area.
6. Submission of Report to the LUAC: After due processing, the technical committee generates a report and sends it to LUAC. This report contains all the information obtained on the land and their findings from the on-site inspection as well as their opinions on the granting or revocation of the application.
7. Consideration by the LUAC & Recommendation to the Governor: The LUAC reviews all the documents submitted by the technical committee and give a final opinion and recommendation to either approve or refuse the excision request to the State Governor with appropriate reasons.
8. Preparation of Survey Description: In case the Governor’s Office approves the excision request, the Office of the Surveyor General is immediately notified, so that a full perimeter survey of the proposed area is conducted within 30 days.
9. Preparation of Layout Plan: Registered Town Planners of the community or families involved in the land excision application will be commissioned to draw a layout plan for the proposed piece of land, which is then submitted to the State’s Ministry of Physical Planning and Urban Development for approval.
10. Execution of Indemnity Agreement: The grantees of the land shall be required to enter into an agreement with the government, binding them to take the land in full and final settlement of all claims that have been on the land in the past. Likewise, the grantees will agree to indemnify the government against damages due to encroachment or vandalization of land caused by relatives, agents, and members of the community outside the area of excised land.
11. Publication in Lagos State Official Gazette: When all the conditions above have been fulfilled, the technical committee in collaboration with the Office of the Governor, publishes the land excision in Lagos State Government official gazette.
12. Publication in Newspapers: The official Gazette will also be published by the technical committee in at least, one widely-read newspaper. The purpose of the publication is to inform the general public of the status of the land, the boundaries of the excised land and provide other relevant details. The applicant is required to bear the cost of the newspaper publication.
13. Issuance of Certificate of Occupancy: Within 30 days of publication of the official gazette in newspapers, the government is required to issue a Certificate of Occupancy on the excised land to the authorised representatives of the grantees.
14. Forwarding of Final Documents: At the completion of every steps outlined above, all records of the Excision and administrative files is forwarded to the State’s land bureau office. The excision, surveys, maps, titles and gazettes will then be officially entered into the records by the Registrar of Lands in the Lands Registry.
For enquiries on verified properties, please contact;
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