When buying land or building, conducting due diligence (search and investigations) is a very important step to ensure you don’t make property buying mistakes.
One major way of confirming the genuineness of land/building owner’s claims is doing a local search.
This involves investigating facts, records, verifying details about the land from relevant local authorities including the State Land Registry; State Ministry of Lands and Survey; Surveyor’s offices; State Ministry of Housing and Urban Development; understanding relevant town planning regulations and consulting community leaders and neighbours of the land/building.
These will uncover any problems of ownership, government acquisition, development or use of the land, and confirm whether or not the seller is truly the owner or has the authority to sell.
Failing to conduct land investigations could result in long legal battle, loss of your hard-earned money or inability to use the land for your intended purpose.
While a buyer may want to handle this himself, consulting a Property Lawyer to do it is the best approach. A Property Lawyer has the legal expertise to identify risks, interpret legal documents and handle the complex process of land investigations. He will ensure that every detail is scrutinized and your interests are protected.
APEX CHAMBERS, top Law Firm of very experienced Property/Real Estate & Business Lawyers/Attorneys/Barristers in Port Harcourt, Nigeria.