WHEN BUYING LAND IN NIGERIA FROM OVERSEAS, GET A PROPERTY LAWYER IN NIGERIA
Buying land/house or other property in Nigeria from abroad should be handled with care.
Distance, trust and urgency (all ingredients for disaster) are usually present.
A client based in the United States sent money to his younger brother in Nigeria to buy several parcels of land in different locations in Nigeria.
The brother bought the lands, but on some of the purchase documents he made himself co-owner with his elder brother. On others, he made himself the sole owner.
The elder brother sent more money and buildings were erected. The younger brother secretly moved into one of the houses.
In Nigerian real estate, payment is not ownership. Trust does not replace documentation. Once a wrong name enters a document, reversing it can take years, court cases and financial loss.
Sometimes, the loss is irreversible.
Living outside Nigeria already puts you at a disadvantage. Delegating property acquisition to a family member, friend or “trusted person” who is not an experienced Property Lawyer multiplies that risk.
They may even mean well, but they do not understand due diligence (investigation), ownership structures, documentation traps or how easily property can be legally diverted.
Get an experienced Property Lawyer in Nigeria before money is paid and documents signed.
Property/Business Law Firms like Apex Chambers protect people in Nigeria and abroad by ensuring that property ownership is secure.
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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.