SALES AND ACQUISITION

WE ARE HERE TO HELP!

Absolutely! We can provide high quality attorneys, contractors, movers, or other service providers that may be needed throughout the home selling process.

Indeed, we can provide advice on all aspects of presenting your property for the best value. Our knowledge is based on both current market trends and years of experience of what buyers are looking for in a new home.

Certainly! We can carry out a property valuation to determine the accurate price before sale.

Homes can depreciate.

Overall decline in the market, lack of maintenance, location and condition of the home are factors affect the home’s value.

We will liase between you and the potential buyer to find a mutually convenient date and time. We will, whenever possible, be available to accompany a viewing so you don’t have to worry about meeting prospective buyers.

We operate a secure key system, so accompanied viewings can be conducted by one of our staff, while you at work, or unavailable. Viewing feedback will be provided within 24 hourse, whenever posssible.

Absolutely! We take our customer’s privacy and trust seriously. We do not pass any information onto third parties, and we will not share your information with potemtial buyers or sellers without your permission.

In Nigeria, dry season is the best time of the year to sell a property.

Yes, we can negotiate house prices after an offer is accepted. But this can only happen if a thorough check reveals that there’s extensive and expensive repairs around the house.

Yes, we also offer property renovation services to enhance the value of your properties.

A Power of Attorney is a legal instrument that allows you to grant authority to another person to act on your behalf or instead of you for certain purposes.

Power of Attorney (POA) can be granted by individuals and Corporations to an agent to perform functions, such as instituting an action in court, managing property, signing documents, or receiving rents etc.

In Nigeria, Land is measured in Hectares (ha), Acres (ac), Square-meters (sq.m) and Feet (ft).

According to Nigeria’s land divisions, the appropriate size of a plot of land is 100 × 50 ft. In Lagos state, the standard size of a plot is 60 x 120ft (18m x 36m i.e., 648sqm).

The following documents are required for a land/property purchase:

  • Certificate Of Occupancy: A C of O is issued by the state government, indicating that a person owns a parcel of land or property.

            It is issued to individuals that have held a piece of land before 1979. An Individual who subsequently takes over land by way of sale does not require a new certificate of occupancy but rather a deed of assignment with the governor’s consent.

  • Deed Of Assignment/Conveyance: This significant document is used in sales transactions to permanently transfer a landed property from the seller (also known as assignor) to the buyer (also refers to as assignee). It stipulates the date when land ownership passes from one owner to another. A detailed description of the property that is included in the transfer of ownership is also provided in the deed.
  • Deed Of Lease / Governor’s Consent: It’s also known as the Governor’s Consent. A land document is acquired with C of O whenever you buy land. It is the land document which makes it clear to the governor and the public in general that the property in question has changed ownership.
  • Land Purchase Receipt: A land purchase receipt is a normal receipt or document reflecting the receipt of payment for a particular property or land. Usually, vendors issue a receipt to the buyer upon the sale of a property.
  • Survey Plan: A survey plan is used to show the location and size of landed property. With the descriptions and coordinates on the survey document, it is easier to check or search from the office of the Surveyor-General whether the land is under any government acquisition or not.
  • Deed Of Sub-Lease: This is another specific legal document duly signed and stamped implying the agreement between a land leaseholder sub-leasing his / her unexpired lease term to a third-party indicating land and landed property.
  • Deed Of Mortgage: Deed of mortgage is used in mortgage transactions to show that land or property has been transferred from the mortgagor (borrower) to the mortgagee (lender). It is a temporary transfer in the sense that the mortgagor shall be entitled to retrieve this property back from the lender when the total loan amount, together with the accrued interest, has been paid.
  • Deed Of Gift: It is a document that proves that land or property has been gifted from one person (Donor) to another (Donee). A deed of gift can be used to transfer interest in a landed property permanently.
  • Contract Of Sale of Land: The contract of sale of land is used by parties to agree on some terms before the finalization of the transaction. It is relevant when any property is to be purchased by anyone. It is not a registrable instrument and must be preceded with other document transferring title in the applicable property.
  • Judgement Of Court: The judgment of a court is another essential document which may affect or transfer an interest in a specific property from one person to another. In Nigeria, the legal interests in several properties have been transferred from one person to another through the decisions of various courts. When property ownership has been derived through litigation or any property has been subjected to a lawsuit, it is essential to examine the full decision of the court in respect of such property by obtaining a copy of the judgement.

The types of real estate investment include:

  • Residential Real Estate
  • Commercial Real Estate
  • Land
  • Real Estate Investment Trust Investments (REITs)
  • Real Estate Crowdfunding
  • Industrial Real Estate Investment

We charge 5% of the total price paid for the property.

A Certificate of Occupancy, also known as the C of O, is a document issued by state governments in Nigeria to landowners and property buyers as legitimate proof of ownership. This document also spells out what the land can be used for; residential, commercial, or mixed development.

“Excision in Process” land title: A piece of land that is in the process of being approved by the Governor. It usually has an Excision file number which tells you that the process is registered and underway. This process could take as long as 18 months in some areas.

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