Three Quick Ways To Checking A Defective Land In Lagos
Getting to acquire a piece of land in Lagos could be a huge achievement, and the excitement of such purchase usually beclouds the buyers' sense of judgment. They usually hurry off to build on such land and thereafter go for perfection of the paper-works. You don't want to be told that the land you have recently invested a large sum of money to build upon belongs to a government acquisition area or has been earmarked for social projects. So here are some basic things every prospective land buyer should know:
1. Do Your Survey Plan
It is pertinent that you get a Survey Plan, at this stage. The Survey Plan must contain the name of the Owner of the Site, The Size of the Land, description of the land and the date the survey plan was made. If Your Survey Plan does not have the “Free from Acquisition
Stamp” it is a sign that something is very wrong. After obtaining the Survey plan, you should now give it to your Property Lawyer experienced in Land Matters or a reliable Independent Surveyor different from the Surveyor that did it to lodge a copy of the survey plan in the SURVEYOR GENERAL’S OFFICE so as to obtain a LAND INFORMATION CERTIFICATE .
2. Payment Of Requisite Fees
At the Surveyor General’s office, your surveyor or lawyer is required to pay the requisite fees to obtain the Land Information Certificate and he will be given a Tax Receipt. Absence of this Receipt shows that the Land Certificate Obtained for You has been forged and should be discarded. At this point, you should be insistent on obtaining the tax receipt from the surveyor or lawyer. It is your document and proof of payment of lodgement.
3. Time Check
Here, you can detect if your surveyor or lawyer is taking you for a ride. It takes between 3 to 4 weeks for the Land Information Certificate to be processed at the Surveyor General’s Office. ( It shouldn’t take longer than that under normal circumstances) after payment has been made.
If it is a good land, it will be stated that it has been zoned for either Residential or Mixed
Development land and that means your investment is safe. But if the Land you bought is a defective land, Under Government Acquisition that cannot be ratified or a committed land, then it would be better to stop any construction work going on, to cut your losses.
Source:
http://www.naijapropertiesonline.com/three-quick-steps-to-checking-a-defective-land-in-lagos/
1. Do Your Survey Plan
It is pertinent that you get a Survey Plan, at this stage. The Survey Plan must contain the name of the Owner of the Site, The Size of the Land, description of the land and the date the survey plan was made. If Your Survey Plan does not have the “Free from Acquisition
Stamp” it is a sign that something is very wrong. After obtaining the Survey plan, you should now give it to your Property Lawyer experienced in Land Matters or a reliable Independent Surveyor different from the Surveyor that did it to lodge a copy of the survey plan in the SURVEYOR GENERAL’S OFFICE so as to obtain a LAND INFORMATION CERTIFICATE .
2. Payment Of Requisite Fees
At the Surveyor General’s office, your surveyor or lawyer is required to pay the requisite fees to obtain the Land Information Certificate and he will be given a Tax Receipt. Absence of this Receipt shows that the Land Certificate Obtained for You has been forged and should be discarded. At this point, you should be insistent on obtaining the tax receipt from the surveyor or lawyer. It is your document and proof of payment of lodgement.
3. Time Check
Here, you can detect if your surveyor or lawyer is taking you for a ride. It takes between 3 to 4 weeks for the Land Information Certificate to be processed at the Surveyor General’s Office. ( It shouldn’t take longer than that under normal circumstances) after payment has been made.
If it is a good land, it will be stated that it has been zoned for either Residential or Mixed
Development land and that means your investment is safe. But if the Land you bought is a defective land, Under Government Acquisition that cannot be ratified or a committed land, then it would be better to stop any construction work going on, to cut your losses.
Source:
http://www.naijapropertiesonline.com/three-quick-steps-to-checking-a-defective-land-in-lagos/
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