THIS IS WHY DUE DILIGENCE (INVESTIGATION) IS IMPORTANT WHEN BUYING LAND/BUILDING
Yesterday, a Nigerian professional in Texas, USA, contacted Apex Chambers, Law Firm of Property/Real Estate and Business Lawyers in Port Harcourt, Nigeria, seeking legal assistance for a land purchase in Oyigbo, Rivers State.
Aware of the risks in buying land, he engaged us to conduct due diligence (findings) before making payment.
We immediately began ownership verification, checked for disputes, impediments and government acquisition, and confirmed compliance with land laws.
If our complete findings shows that the land has no issues, we would draft a purchase document (Deed of Conveyance) to secure his legal ownership.
What He Stands to Gain:
✅ Guaranteed Ownership – Ensures the land belongs to the seller.
✅ Legal Protection – Shields him from ownership disputes and fraudulent claims.
✅ Security Against Government Seizure – Confirms the land is not under acquisition.
✅ Proper Documentation – Provides legal proof of ownership, preventing conflicts.
✅ Peace of Mind – Eliminates risks of costly mistakes.
What He Could Have Lost Without Due Diligence:
❌ Financial Loss – Paying for land involved in fraud or multiple sales.
❌ Legal Battles – Risk of ownership disputes and court cases.
❌ Demolition Risks – If the land is under government acquisition.
__
APEX CHAMBERS, Law Firm of experienced Property/Real Estate and Business Lawyers, Attorneys, Barristers, Solicitors, Advocates, Legal Practitioners and Legal Consultants in Port Harcourt, Nigeria.