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Omonile Lawyer > Blog List with Right Sidebar (Page 5)

Know the Difference between RECTIFICATION and RATIFICATION of Title to Land

Don’t be confused. Rectification and Ratification means 2 separate things but they sound alike. Rectification means to correct a grave error on a document while Ratification means giving formal consent to a contract or agreement thereby making it validly official.   To understand how Rectification of Title to Land differs from Ratification of Title to land, we have to understand what a Land title means so we can comprehend it quite easily.     WHAT IS LAND TITLE?   Land title may be defined as the rights or ownership claim a person has over a property. It simply means, for you to claim land title, you must...

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INDEMNITY CLAUSE IN LAND TRANSACTIONS – ITS RELEVANCE

In legal circles, the word "indemnity" is used in contracts. It means recompense for any loss or liability which one person has incurred. It has been defined as an obligation undertaken by a person called the indemnitor/indemnifier to provide compensation for a particular loss suffered by another person called the indemnitee/indemnity holder.     A claim to an indemnity can arise by either by operation of law or by contract. It must also be noted that an indemnity can be made subject to the rules of damages. The indemnifier bears the primary obligation with regard to the amount of the indemnity.     This...

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Joint Ownership of Land?- What they won’t tell you before you buy that land!

What is joint ownership of land?   Joint ownership of land simply means when 2 or more people own a piece of land or lands jointly. Any right, benefit, claim or over that piece or parcel of land belongs to the owners jointly and not on an individual basis.   Example of jointly owning a land includes a land that belongs to a husband and wife (not or wife), Father and daughter, Mother and Son, Sister and Brother, Business partner 1 and Business partner 2, Lands owned by a cooperative society, land owned by a company etc.   This means that “One person cannot sell...

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LAGOS STATE PROPERTIES PROTECTION LAW 2016 – A DETAILED REVIEW

A sign warning that the property isn't for sale

Introduction   If you live in Lagos, you must be aware of the activities of land grabbers popularly referred to as “omo-onile” who have constantly taunted the public with their polluted habit of either selling a particular parcel of land to several persons.     Hereby dispossessing lawful owners from their lands or demand for endless charges from lawful owners of properties who have begun the process of building on their lands for roofing, decking, flooring etc.     Their activities have helped record a decline of investments in the real estate sector by investors in Nigeria particularly, Lagos state whose major concern is to avoid this...

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The Sad Demolition Story Of A Nine-Storey Building at Osapa London Lekki

The Lagos State Building Control Agency LASBCA, weekend demolished a nine-storey building at Osapa London in Lekki area of Lagos for allegedly contravening building plan regulations.   The nine-storey building demolished by LASBCA at the weekend for not having approval The General Manager of the Agency, Mr. Olalekan Shodehinde, said the demolition was also because the building had no certified plan approval.   [caption id="attachment_7681" align="aligncenter" width="412"] The nine-storey building demolished by LASBCA at Osapa London, Lekki area of Lagos[/caption]   Shodehinde said the building was detected in 2017, following which an investigation was launched, stressing that the building had nine floors, while the master...

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Land Dispute Wahala in Satellite Town – Accusations and Denials

A community leader in Oguntedo Village, Satellite Town, Lagos State, Yussuf Olarinde, has accused a businessman, Elias Ukachukwu, of threatening to kill him over some plots of land.     Speaking to our correspondent on Friday, Olarinde said despite a court ruling on the land in favour of his family, Ukachukwu had been using his closeness to some top security officials to harass and intimidate him and members of his family in a bid to take over the land.     He said the businessman had boasted openly that he would kill him or send him to jail where he would eventually be ‘silenced’. Olarinde said, “Recently,...

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WATCH Okun Ajah Video

The era of land verification scheme when buying a property or land. You are handing over the largest check you would ever sign to a stranger and you need to make sure that you are not missing something by conducting due-diligence on that property. Land verification is the process of doing your homework on the property that you are thinking of buying   [embedyt] https://www.youtube.com/watch?v=jBevOv781yM[/embedyt]...

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The 10 Riskiest and Most Fraudulent Places to buy a Land In Lagos

This land is not for sale
Welcome to Omonile Lawyer’s LIST OF RISKY AND DANGEROUS LANDS TO BUY , a section that gives you a rundown of some of the Worst Areas, Estates, Places and dubious Lands offered for Sale in Lagos State today that will surely guarantee you to lose your money and incur the Wrath of the Lagos State Government for buying a Land that is not supposed to be sold. Today’s set of Unsafe Lands to buy have been carefully chosen after a series of strenuous Land Individual Investigation, Verification and Background  Checks carried out by the Omonile Lawyer Team. They include the following: