TWO THINGS YOU MUST DO IMMEDIATELY YOU DECIDE TO BUY A LAND OR HOUSE

TWO THINGS YOU MUST DO IMMEDIATELY YOU DECIDE TO BUY A LAND OR HOUSE

There are two (2) major things you must do immediately you decide to buy a land or house. You are not to do them yourself. Get a very experienced Property and Real Estate Lawyer to handle these two things for you.

A Property and Real Estate Lawyer is in the best position to do them for you. They are:

1. Conduct a proper finding (due diligence) on any issue affecting the land or house. Some of these issues are who is the real owner of the property; the actual size of the property; whether the documents presented by the seller is genuine or have any impediments to the buyer; if the property is a subject of government acquisition;

If the property itself or the area where it is located is specially mapped out for any public, communal or official use; whether the area is officially designated for specific kinds of buildings, residence or business; etc.

2. Prepare a comprehensive document of ownership or lease (as the case may be), properly drafted and signed by a Property and Real Estate Lawyer.

These two steps must be taken by a competent Property and Business Lawyer before the payment of any money.

When we harp on the need for you to conduct proper findings on the property, land and house (real estate) you want to buy or lease, it is on the basis of the fact that most times not doing so comes with devastating legal consequences that cannot be fixed or corrected. So we always advise that you learn from the mistake of others.

The truth remains that it is better to take the right steps to avoid legal problems in property matters than to correct them. It saves you a lot of trouble and expenses in the long run.

You don’t want a court battle on your hands or buy a court case over a piece of land or house you paid for with your hard-earned money, particularly now that the economy is really bad.

Three days ago a new client engaged Apex Chambers to conduct findings on a storey building that the client was interested in buying, and to draft, prepare and sign documents for the purchase if our findings showed that there were no legal issues over the property.

That is the way to go.

I’m rooting for you.

If you need help with due diligence or other legal help on property matters, call or WhatsApp Apex Chambers on +2347030868694