BEWARE OF REAL ESTATE FRAUD: WHY YOU NEED A PROPERTY LAWYER
The dream of owning land can quickly become a nightmare when a buyer falls victim to fraud by unscrupulous real estate companies. These fraudsters prey on unsuspecting buyers, offering land with fanciful names at attractive prices but delivering heartbreak instead. From double sales to non-existent properties, the dangers are real and too costly.
Some sell the same parcel of land to multiple buyers or sell land under litigation or government acquisition or fabricate ownership documents to lure buyers. Victims, waiting for land allocation that never happens, lose their money.
Fraud in real estate thrives when buyers neglect due diligence. A verbal assurance or glossy flyer or brochure is no substitute for verifying the legitimacy of the property. This is where the expertise of a Property Lawyer becomes indispensable.
A Property Lawyer conducts exhaustive checks on the land’s ownership and unearths issues. He investigates whether the land is under government acquisition, properly zoned or embroiled in disputes. They also scrutinize the documentation provided by the seller, ensuring it aligns with legal standards.
Before making payment, engage a Property Lawyer to shield yourself from financial losses and emotional stress. His expertise could mean the difference between a safe investment and a costly regret.
Apex Chambers, Property/Real Estate and Business/Corporate/Commercial Lawyers, Barristers, Solicitors & Attorneys, Port Harcourt, Nigeria.