Real Estate Law

Basic guide to buying land in Lagos and Nigeria

Buying land in Lagos? Here is a quick tip you must know. Lands with a registered title e.g Certificate of Occupancy or Governor’s consent are significantly more expensive that lands without a registered title (freehold) Lands with a registered title are usually easier to carry out a verification on than unregistered titled land. Does that …

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The Magodo Estate saga and the legal implications of buying real estate in Nigeria

The Military Government of Lagos State forcefully acquired some plots of land at Shangisha several years back. The law says the government can only acquire land for public purposes alone and following some laid down rules. Lagos State Government disobeyed this law and started selling to members of the public The landowners at Shangisha  went to …

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The risk of investing in real estate in Nigeria and how to minimize it

A plot of land at Osborne Foreshore Estate has been there since time immemorial. ⁣ It hasn’t moved. ⁣ It may have been developed, re developed, different structures erected on it over the years BUT⁣ Its location still remains the same. ⁣ That’s the risk in real estate. ⁣ ⁣If you purchase a Ford 2020 …

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6 costly mistakes real estate investors make and how to avoid them

Not having a strong investment goal Not having a budget for real estate  Not doing due diligence before buying  Not engaging the right professionals Not doing the necessary documentation for your real estate investment Not perfecting your title  Once you make any of these mistakes I can assure you that you will pay dearly for …

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