DON’T BUY TROUBLE: THE DANGER OF BUYING GOVERNMENT-ACQUIRED LAND
Every year thousands of Nigerians fall into a silent but deadly trap – buying land under government acquisition.
It’s a mistake so costly even your loudest prayers won’t reverse it. When land is under government acquisition, there is absolutely no remedy.
Government acquisition simply means the government has legally taken over a parcel of land for public use – roads, schools, housing estates, industrial projects, etc. The law gives them power to do this.
Even with your Land Agreement and receipt, if you build on such land, your dream property could be demolished in a flash. No refund. No compensation. No mercy.
Reasons for acquisition could even be future projections by Government. These lands may look vacant, untouched and perfect for your next real estate move, but don’t be deceived; they’re government time bombs.
Only an experienced Property Lawyer can save you from this disaster. You need someone who knows where to check, what to ask and how to verify the real status of the land. Don’t rely on agents or community people. The stakes are too high.
Before you pay for land, do due diligence. “I didn’t know” won’t stop Government bulldozers from turning your mansion into fine dust and memories.
Think smart. Buy right or get ready to watch your investment turn to rubble.
Prevention is not just better than cure; it’s the only option.
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APEX CHAMBERS, best Law Firm of experienced Property/Real Estate and Business/Corporate/Commercial Lawyers, Attorneys, Barristers, Solicitors , Advocates, Legal Consultants, Legal Practitioners (rendering legal services) and Notary Public with Law Office in Port Harcourt, Rivers State, Nigeria