Tuesday, December 3, 2019

Major Landed Documents you need to know when Buying Land in Nigeria


Some major Land Documents You need to know before Buying Land in Nigeria.

Land documents are important documents that anyone who wants to invest his/her money in landed property must know and understand hitherto. It’s a pity that only 4/10 land buyers knows and understands what this land documents really mean and the purpose which they serve.

Many thought that the C of O is the most important Land Document they must have or ask for before they buy any land, of which this is very wrong. Apart from the C of O there other vital land documents you must ask for before you buy any land.

For instance,  majority of people get this misunderstanding when they buy land and won’t ask for a Deed of Assignment forgetting that this land document is one of the important land documents you must have when buying land because without this it means that there was no transaction at all, no prof to show you are now the new owner of the land.

SURVEY PLAN

This landed property document that shows the boundary measurements of a parcel of land to give an accurate measurement and description of that land.
Surveyors are the people who handle survey issues and they are being regulated by the office of the Surveyor General of the state where the land is
located.

A Survey Plan is a very important land document you must ask for whenever you are trying to buy a land. In fact it is the most important because it is with this document that you will be able to know everything about the land.
It is with a Survey Plan that you will be able to do a search to know if the land you are planning to buy is free or not.

my advice whenever you are negotiating for a land you want to buy first ask for the Survey Plan then take it to your Surveyor to conduct a land search so as to know if the land is free from government acquisition or to know what the zoning restrictions is.

i.e. A Survey Plan helps you to know if the land is for Agricultural, Residential, Industrial or a Commercial Purpose.

No matter how enticing or attractive a land may look, once you find out that the Land is a committed land my brother/sister please stay away from that land don’t say because others are buy and nothing has happened yet so nothing will happen after all this is Nigeria.

The following information makes the Survey Plan Authentic:

The name of the owner of the land surveyed.
The Address or description of the land surveyed.
The size of the land surveyed.
The drawn out portion of the land survey and mapped out on the survey plan document.
The beacon numbers.
The surveyor who drew up the survey plan and the date it was drawn up.
A stamp showing the land is either free from Government acquisition or not.

EXCISION

It was a tradition before now that the traditional families have so much authority when it comes to anything concerning land, they are the ones who determine which land will be sold and which one they will keep.

Because of this super power they have on land, they refuse to sell lands to individuals who need it, but give it out to them under tenancy system and which made them to still have full control over that land.

This made it very difficult for anyone who wants to buy land to get one.
Because of this and some other reasons, it finally led to the proclamation of the Land Use Decree (now Act) on the 28th of March, 1978 that vested all lands in every state of the Federation under the control of the State Governors.
The Land Use Act coupled with other laws made it possible for the Governor who is now the owner of all lands in the state to actually have the power to acquire more lands compulsorily for its own public purpose to provide amenities for the greater good of the citizens.

Fortunately, the government still recognizes that indigenes of different sections of the country have a right to existence . . . a right to the land of their birth. Hence, it is customary for state government to cede a portion of land to the original owners (natives) of each area.

So an Excision simply means taking a part from a whole and that part that has been excised, will be recorded and documented in the official government gazette of that state.

In other words, not having an excision means the land could be seized by the Government anytime without compensating you even if you bought it “Legitimately” from the Village Leader (Baale) or the Original dwellers on the land.

We are sure you understand importance of these documents before you buy any land in Lagos (Nigeria). Because it is with this land documents that you will know if the Land is genuine, Free or Under Government Acquisition.


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www.divineaccesshomes.com.ng



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