WHY YOU NEED A LAWYER WHEN BUYING LAND/BUILDING IN NIGERIA
What looks like a dream land/house today can become a thorn in your flesh tomorrow.
In Nigeria, buying land or house/building without proper due diligence (investigation) is one of the fastest ways to lose money, peace of mind and ownership.
A nice-looking land/house, a convincing seller/realtor or even a believable land history story is never enough. If the ownership is faulty, the land is under Government acquisition, dispute, mortgage, warning or double sale, you may pay in full and still lose the land/building.
Before you pay for land or building, the property must be investigated properly.
Who is the true owner? Is the ownership genuine? Has the land been sold before? Is there pending court case?
Are the Survey Plan, Deed (purchase document) and other records valid and traceable? These are not guess work. They must be checked carefully.
Proper documentation is important. Many buyers make the mistake of relying on receipts, witnesses or handwritten agreements. Don’t do that.
A badly prepared land document can destroy the transaction. A proper search report, land/building purchase document and supporting documents can protect your property interest now and in the future.
Whether you live in Nigeria or abroad, when buying land/building, get an experienced Property and Real Estate Lawyer from the beginning, not after a problem starts.
Prevention is cheaper, faster and safer than litigation.
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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