AVOID BUYING LAND THAT IS UNDER GOVERNMENT ACQUISITION

AVOID BUYING LAND THAT IS UNDER GOVERNMENT ACQUISITION

When a land is said to be under Government acquisition, it means the Government has taken over that land for public use for roads, housing, schools, hospitals, facilities or other public purposes.

Once land is acquired by Government by proper legal notice, the original owner automatically loses his ownership of that land.

So acquired land no longer belongs to the person but to the Government.

There are two main types of Government acquisition in Nigeria:

1. Committed acquisition, where the land is in use or reserved for a specific Government purpose. Such land is completely untouchable.

2. Non-committed acquisition, where the land has been acquired but is not yet being used. This land can only be safe to buy if the Government has issued a Gazette returning it to the owner.

Buying land under Government acquisition comes with unpalatable consequences: you will lose the land without compensation; your building can be demolished and your land documents become useless, no matter how genuine they are.

So land under Government acquisition should be avoided by all means.

To avoid this trap, do not trust the seller, realtor, family history or community elders.

Get an experienced Property Lawyer to conduct comprehensive due diligence (investigation). This includes proper searches, checking acquisition status and confirming that the land is legally safe to buy.

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APEX CHAMBERS, Law Firm of Property/Real Estate and Business/Corporate/Commercial Lawyers, Attorneys, Barristers, Solicitors Advocates, Legal Practitioners rendering legal services, Legal Consultants and Notary Public with Law Office in Port Harcourt, Rivers State, Nigeria

Phone: +234(0)7030868694 (Calls & Whatsapp)
Email: info@apexchambersglobal.com
Website: www.apexchambersglobal.com