238 results found

Overtime, Lekki has become a respectable commercial hub and residential area of Lagos, thereby making the area very important in the real estate industry in Nigeria.

Land transactions sometimes raise issues and problems not present in other transactions

The National Assembly has passed a new law, the National Housing Fund (Establishment) Act 2018.

The law is clear that where a piece of real estate belongs to the estate of a deceased, all the administrators or executors of the estate must act in unison by authorizing the sale of the estate's property before the transfer of the property can be valid.

The procedure to conduct search and verify a land titles in Lagos State at the Land Registry cuts across different stages.

Land ownership in Nigeria is a complex issue deeply rooted in history, culture, and power dynamics.

The land registration process in Nigeria brushes on all factors involved in registering land transactions from the systems involved, benefits of registration, the procedure for registration, requirement for the registration, ...

A Certificate of Occupancy (C of O) is a critical document in real estate and land ownership in Nigeria.

Lagos faces a severe housing crisis with 3.4 million homes needed, but the solution is blocked not by lack of land or demand, but by Nigeria's Land Use Act of 1978. This legal framework has created a consent regime where fewer than 5% of land parcels are formally titled, leaving property owners in years-long battles to prove ownership and transforming land into "dead capital" that cannot be mortgaged or developed. The article examines how this constitutional bottleneck, combined with mortgage rates up to 28

For a nation whose collective citizenry could hardly be termed docile, a visitor to Lagos State for example, may openly speculate about the remarkable transformation from lion to lamb...

Megawatts Nigeria Ltd v. Registered Trustees of Gbagada Phase II Residents' Association is a cautionary tale for residential estates and gated communities across Nigeria.

Disputes arising from real estate transactions are quite common in Lagos State, as real estate is regarded as one of the major forms of investment

In Nigeria, the acquisition of land or real property represents a major investment, often involving significant financial outlay and emotional commitment.

A land purchase agreement in Nigeria is a formal contract by which a vendor agrees to sell, and the purchaser agrees to buy a piece of land under specific terms and conditions spelled out in writing

For the first seven years of my 17-year career, I was a litigation lawyer. I saw, firsthand, the financial and emotional devastation clients faced when a real estate deal collapsed.

Disputes are inevitable in every relationship; they may be civil, commercial, or domestic in nature. In Nigeria, where the court system often faces significant delays due to backlogged...

A major issue that usually arises in almost every real estate transaction in Nigeria is the entitlement of estate agents to commission. In many cases, it is difficult to determine what actions usually...

Like any other investment, buying a landed property in Nigeria comes with risks. Yet, it remains one of the most rewarding investments if done right and with the right professionals.