THINGS A PROPERTY/REAL ESTATE LAWYER WILL DO DURING DUE DILIGENCE OVER REAL ESTATE (LAND OR HOUSE/BUILDING) YOU WANT TO BUY

THINGS A PROPERTY/REAL ESTATE LAWYER WILL DO DURING DUE DILIGENCE OVER REAL ESTATE (LAND OR HOUSE/BUILDING) YOU WANT TO BUY

When buying real estate (land or building/house) there is the very important need for you to consult and engage a reputable Property/Real Estate Lawyer/Attorney to conduct comprehensive due diligence (investigations) in order to be certain that there are no issues that will affect your property, investment or financial interests.

When you are buying land/building, a trusted Property/Real Estate Lawyer will do the following for you:

1. Conduct ownership search and verify land ownership.

2. Confirm land size, boundaries and identify potential issues.

3. Ensure compliance with Government land use regulations.

4. Verify building codes, permits and approvals.

5. Identify outstanding legal hindrances like Government acquisition or designation for specific use, mortgages, pledges, judgments.

6. Review official property taxes and assessments.

7. Review Purchase Agreement clauses and conditions.

8. Conduct physical inspection of the land/building to ascertain potential legal issues.

9. Provide trusted registered Surveyor, ensure proper charting of land, and verify Survey Plan with Ministry of Lands & Survey.

10. After the purchase, ensure stamp duty compliance and official record of change of land/building ownership.

Need more information or help with due diligence? Contact Apex Chambers, best Property/Real Estate Lawyers in Port Harcourt, Nigeria.

Apex Chambers

Phone: +2347030868694

Email: info@apexchambersglobal.com

Website: www.apexchambersglobal.com