WHO GETS A COPY OF YOUR LAND DOCUMENTS

WHO GETS A COPY OF YOUR LAND DOCUMENTS

Buying land or a building is not complete the day money is paid and documents signed. Who holds the original documents and how they are shared matter.

In a proper land or house transaction, four original copies of the purchase document (with 4 copies of registered Survey Plan) must be signed and correctly distributed.

One original copy goes to the buyer, one to the seller, one is retained by the buyer’s Property Lawyer, and one is kept by the buyer for legal processing such as stamp duty, registration, Governor’s Consent or Certificate of Occupancy (C of O).

Each original copy serves a purpose. The buyer’s copy secures proof of ownership and seller’s copy confirms lawful sale.

The Lawyer’s copy protects the transaction history and becomes needed evidence if disputes arise. The official copy ensures the transaction is recognized under the law.

If you are buying the seller’s entire land or building, you must retrieve the seller’s original ownership documents relating to that property.

Leaving original documents in the seller’s custody after full sale is a legal error.

Those documents are part of the ownership chain and must pass fully to the buyer to prevent future claims, duplications or fraudulent resale.

Property investment is too valuable for shortcuts.

Correct document distribution and full document handover are very important to secure your ownership interests.

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

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