Always get your own Lawyer to represent you in any property deal before you sign any property document.   One of the most painful things that would never leave my mind that prompted me to be a Property Lawyer has to do with this topic.   My grandmother was a victim of legal naivety and ignorance and invested all her life saving to purchase a parcel of land in the early 60s and built a 4 storey building to accommodate her children and grandchildren as a family home in the village only to lose the land and the house due…

Scammers selling Houses are on the rise in Lagos, especially in Lekki. Be Viligant so you don’t become their next Victim!!!   This issue has caused so many tears to many first-time homebuyers who did not conduct a proper verification exercise before they bought those Wayo houses. These buyers assume since it’s not Omo-Onile land they intend to buy, then everything the developer tells them about the property is 100% true.   The risk is heavier because you are losing a very huge sum of money at once and it would be very hard to recover from it if you…

There are so many lovely properties out there for sale from N10 Million upwards to accommodate every wallet size but just like Omo-onile lands, I am beginning to see a proliferation of fraudulent property developers building dubious houses for sale. This issue has caused so many tears to many first time home buyers who did not conduct a proper property verification before they bought those duplicitous houses.   Personally, I prefer people buying built-up properties (if they can afford it) instead of looking for land properties to buy. The concerns associated with buying a piece of land in Lagos today…

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…

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…

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…