HOW TO BUY A SCAM-FREE LAND/BUILDING/HOUSE IN NIGERIA: A LEGAL GUIDE

HOW TO BUY A SCAM-FREE LAND/BUILDING/HOUSE IN NIGERIA: A LEGAL GUIDE

Purchasing property, land/building and real estate generally in Nigeria can be challenging due to widespread scams/fraud. We advise that you protect yourself with these important steps:

Research and Verification:

1. Verify land/building ownership through the Land Registry or Ministry of Lands of the State.
2. Check for hindrances or outstanding debts.
3. Research the area’s reputation and official development mapping and plans.

Document Authentication:

1. Insist on original documents (e.g., Ownership Deeds, Certificate of Occupancy, etc).
2. Verify documents with issuing authorities.

Payment Security:
1. Pay directly to the land/building owner.
2. Avoid cash transactions; opt for bank transaction.

Site Inspection:
1. Physically inspect the property.
2. Ensure access roads, utilities and infrastructure are provided for.

Legal Due Diligence:
1. Consult a Property/Real Estate Lawyer to review documents and contracts.
2. Understand the terms and conditions.

Additional Tips:
1. Be cautious of unusually low prices.
2. Verify outstanding property taxes and levies.

Red Flags:
1. Unregistered agents or fake documents.
2. Pressure to make immediate payments.
3. Lack of transparency.

Buying real estate in Nigeria requires extra caution. Minimize risks and ensure a smooth, scam-free transaction.

If you need trusted Property Lawyers/Attorneys in Port Harcourt, Nigeria, contact Apex Chambers, Port Harcourt.

Phone: +2347030868694

Email: info@apexchambersglobal.com

Website: www.apexchambersglobal.com