HOW VERIFYING OFFICIAL PURPOSE OF LAND BEFORE BUYING IS IMPORTANT
In Nigeria’s real estate market, due diligence is essential before making any land purchase, and land zoning verification stands as a key component of this process.
Zoning laws in Nigeria are designed to control land use across various areas, distinguishing zones for residential, commercial, agricultural or industrial purposes. A Property Lawyer’s role in confirming zoning regulations before a purchase is invaluable, as it helps a buyer avoid legal and financial setbacks.
A Property Lawyer will explain zoning rules with expertise, ensuring buyers understand what is legally permissible on the land. Without this proper zoning verification you may discover that your intended project conflicts with official regulations, potentially leading to fines legal action or forced alterations.
If you unknowingly purchase land designated as residential with plans to develop a business, you may face serious setbacks due to regulations.
A Property Lawyer can uncover any government development plans or zoning revisions that may affect the property’s future value or use. By consulting a Lawyer, a buyer will gain insights, allowing them to make better-informed investment decisions.
Zoning verification by a Property Lawyer is a wise step that safeguards a buyer against obstacles, provides clarity on land use, protects investments and helps secure a buyer’s rights.
Apex Chambers, Property/Real Estate Lawyers, Port Harcourt.