THE REALTOR BELIEVES THE VENDOR. SHOULD YOU?

THE REALTOR BELIEVES THE VENDOR. SHOULD YOU?

One mistake in property transactions is assuming that because an estate agent believes the seller, you should too.

Many realtors rely on the information provided by the seller. They may not know the true ownership history of the land, whether the property is in dispute, affected by Government acquisition or has legal issues.

Sadly, when problems emerge, it is the buyer who bears the loss.

This is why legal due diligence (investigation) is important. Before paying for any land/building in Nigeria, get a Property Lawyer to investigate it thoroughly.

A competent Property Attorney does not rely on assurances but on facts, verified documents, official searches and legal verification.

A proper investigation will reveal whether the seller truly owns the property, ownership documents are genuine, whether there are existing disputes and any Government interest affects the land.

These are issues that cannot be known by trust, appearances or promises.

The risk is the same for Nigerians abroad who depend on relatives, friends or agents to handle property transactions on their behalf. One mistake can result in years of court cases and loss of investment.

As a land/building buyer, know that trust should never replace verification.

This is consistently emphasized by Apex Chambers.

When buying land/house, get a reliable Property Lawyer to check for issues before they become expensive problems.

Investigate that land/building now.

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APEX CHAMBERS, Law Firm of Property/Real Estate and Business/Corporate/Commercial Lawyers, Attorneys, Barristers, Solicitors, Advocates, Counsel 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