THE ESTATE AGENT BELIEVES THE VENDOR. SHOULD YOU?

THE ESTATE AGENT BELIEVES THE VENDOR. SHOULD YOU?

That smiling realtor/estate agent assuring you everything is clean may be the most expensive confidence you will ever buy.

In property transactions, assurance is not evidence. An estate agent/realtor is interested in closing a deal, not in conducting deep legal due diligence (investigation).

Many agents genuinely do not know who truly owns the land/building they are marketing. Some rely on hearsay, incomplete documents or what the seller told them.

The law does not excuse ignorance when trouble starts. Without proper legal search and investigation, you may unknowingly buy land/building under Government acquisition, land tied up in unresolved wahala, property already sold to many buyers or land with defective ownership documents.

These dangers are often hidden beneath attractive prices and sweet mouth. By the time you discover the truth, your money may be gone, your development stalled or your building marked for demolition.

Legal due diligence involves searching records, investigating ownership history/status, verifying documents and confirming that the seller has legal capacity to sell.

This is the work of a Property Lawyer.

In property matters, trust is risky and assumptions are costly. Relying solely on an agent’s assurance is like sports betting; anything can happen.

Before you pay for land or celebrate, ensure proper legal search is done.

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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.