Ezeifedi Chibuikem Gerald’s Post

What is a C of O? A Certificate of Occupancy (C of O) is a crucial document. It is a government-issued document in Nigeria that proves a person or organization is the legal owner of a piece of land or property. It gives the right to possess and occupy the land for 99 years. In Nigeria, a C of O is the most recognized form of evidence of land ownership. It's like a property's birth certificate! #realestateinvestment #realestateknowledge

#real #estate #laws 5. The Registry / Registries 5.1 How many land registries operate in your jurisdiction? If more than one please specify their differing rules and requirements. The federal land registry covers registration of all lands in the Federal Capital Territory, Abuja, and all federal lands owned by the federal government or its agencies, within any state in Nigeria. Each state in Nigeria is empowered to establish a land registry to cover the registration of lands within the state allowing State registries in each state. In addition to the above, there are also other registries that cover the registration of land within specific private or public sector development areas in addition to any statutorily required registrations (i.e. federal and/or state registration). An example is the Federal Housing Authority (FHA), which administers registrations within national housing programmes. Another example is the Lagos State Development and Property Corporation (LSDPC) Registry, which records registration information of ownership and transfer of real estate within any LSDPC area. #land #registry #fha #fcda #lsdpc #abuja #lagos #nigeria #ezeifedichibuikemG.

Did you know that "no one in Ghana has a freehold interest in land?" Well, yes! This simply means that no one owns land in perpetuity. In Ghana all lands belong to the state, traditional authorities, families and clans. Lands owned by individuals and private entities are simply leaseholds lasting 50 years for expatriates and 99 years for citizens (it’s a 50 to a 70-year ratio where commercial property is involved). Article 257 (1) of the 1992 Constitution states that "all public lands in Ghana shall be vested in the President on behalf of, and in trust for, the people of Ghana." Additionally, Article 267(5) stipulates that "...no interest in, or right over, any stool land in Ghana shall be created which vests in any person or body of persons a freehold interest howsoever described." Individuals, organizations or businesses can however have usufructuary, leasehold interests in land or can be customary tenants. Now that we know those who own lands in perpetuity in Ghana, I pray we are more cautious in purchasing land especially with regards to the duration we seek. Purchasing land in Ghana without adequate information can be disastrous for you so seek an expert or legal advice. #legalnuggetswithKumba #landlaw #landownership #Ghana

FREE LEGAL TIPS: FOREIGNERS CANNOT OWN PROPERTY IN NIGERIA. A Foreigner, non-Nigerian and/or an Alien cannot own land in Nigeria or apply for a statutory or customary right of occupancy under the Land Use Act. But any foreigner who has validly owned or occupied any land before the Act is deemed to be on occupier under Act. This however must be in conformity with the definition of occupier under Section 50 of the Land Use Act. See Huebner vs. A. I. E. & P.M. Co. Ltd (2017) LPELR-42078(SC) at PP. 13-16, paras. A-B.

The Importance of Property Title Verification in Nigeria. Full Article here: https://lnkd.in/dhe_YTnj Introduction In Nigeria, real estate is a significant investment that requires careful consideration and due diligence. One of the most critical steps in any property transaction is title verification. This process ensures that the property in question is legally owned by the seller and free from any encumbrances or disputes. Given the complexities of land ownership in Nigeria, title verification is not just a formality but a necessity. Understanding Property Titles A property title is a legal document that establishes the ownership of land or real estate. It outlines the rights of the owner and any restrictions or obligations attached to the property. In Nigeria, common types of property titles include the Certificate of Occupancy (C of O), Deed of Assignment, and Governor’s Consent, among others.

Join me as I outline the important questions to ask before purchasing property in Nigeria. Knowledge is power in real estate! #RealEstate #LegalConsulting #Nigeria

5 things you must know about prove of Ownership of land in Nigeria If you ever find yourself in a situation where you have to prove that you are the owner of the land in question especially in the absence of a title deed or relevant documentation, then this article is for you. If you also have or know someone who has been or in such situation, this is for them too . There are five ways you can prove ownership of a land in Nigeria. They are ; 1. Traditional evidence ( by customary inheritance) 2. Production of documents of title. 3. Proof of acts of ownership extending over a sufficient length of time, numerous and positive enough as to warrant the inference that the persons exercising such acts are the true owners of the land. 4. Acts of long possession and enjoyment of the land. 5. By proof of possession of adjacent land in dispute in such circumstances which render it probable that the owner of the adjacent land is the owner of the land in dispute. Stay with me on Real Estate information that save from ‘had I known ‘. My videos of how to investigate properties with different tittles will help you !! Check out the links below ; https://lnkd.in/dHASzbk9 https://lnkd.in/dZQyG3QS https://lnkd.in/dqZqurf4 https://lnkd.in/d32QEuBi #govisibleorgohome #chimaandtraffordnigeria

Happy Independence day Nigeria!!! As we celebrate a pivotal date in our History as a Nation, as a people, we should work towards our personal independence and freedom. Chaman Property Lawyer wishes you Happy Independence. #happyindepence #october1st #property #realestate #realestateinvestment

Can Foreigners buy land in Nigeria? Yes, foreigners can buy land in Nigeria, but there are certain regulations and restrictions they must adhere to. The Land Use Act of 1978 is the principal legislation governing land ownership in Nigeria. According to this act, all land in each state of Nigeria is vested in the state governor who holds it in trust for the people. Foreigners who wish to acquire land in Nigeria must do so through leaseholds or obtaining a Certificate of Occupancy (C of O) from the state government. The C of O grants the holder the right to use and develop the land for a specified period, typically 99 years. It’s important for foreigners interested in buying land in Nigeria to seek legal advice and ensure they understand the regulations and procedures involved in land acquisition to avoid any complications or legal issues. Leasehold: Foreigners have the option to engage in lease agreements for land and property. These leasehold agreements typically extend for considerable durations, often spanning as long as 99 years. Property Ownership: Foreign individuals and entities are permitted to possess and invest in buildings and structures situated on leased land within Nigeria. ________ Real Estate Consultant and wealth advisor. I help people buy their dream home and also multiply their wealth. ________ For more Information DM now or Call ☎️+2348167355320

WE'VE BEEN MOVING! Despite our minimal engagements on LinkedIn, Knowledge Tent Organization has been making progress and we intend to reflect that progress here. In the past weeks, we have addressed several topics under land law and today, we are bringing into limelight, an essential aspect of land law in Nigeria. Section 26 of the Land Use Act 1978 establishes that land acquisition beyond the means stated in the Act would be null and void. This section establishes that asides the known outright sale of land, there are other means by which land can be acquired. It is essential that this aspect of the law, and the recognized means of acquiring land be brought into limelight. In working towards the curbing of injustice, today, we bring this aspect of the law into limelight. This can be viewed via our Instagram page: https://lnkd.in/dZJRnZut In the meantime, what do you think are the ways by which land can be acquired in Nigeria? Who knows, there might just be something special for the right answers!😌