Many Real Estate Companies in Ibeju Lekki blow the biggest lies to hoodwink you to buy their fraudulent lands. Their wayo tricks include the following:   (1) The Excision is coming out next month scam:   How many times have you heard this line from a fraudulent marketer or Agent to hoodwink you into buying defective land?   “The Excision is coming out next month that’s why they want to end sales in 3 days time then increase the price of the land to N5million once the Excision is out. If you wait till the excision comes out,  the price…

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…

Big man or Not. Once you are a Seller of Land or Property you must be Investigated. If you don’t like it, don’t sell your land. People are no longer naive or stupid to buy lands worth millions of Naira and not do a background check. Who wants to be added to the roster of land scam victims and shout Mo Gbe!!! after losing Millions of Naira to a dubious land transaction? Well, this happened recently.   A disgruntled Seller who was very angry that I refused a property buyer from purchasing her property because of the dubious and hidden…

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…

Do you intend to Sponsor a Land Survey in Ibeju Lekki, Eti-Osa, Epe, Badagry, or Ikorodu? You will be well advised to read this.   Land Survey Sponsorship in Lagos is one of the most sought-after investment schemes many land speculators are engaged in because of the high returns based on the low amount of money to be invested and the high rewards expected but it’s also the quickest way to lose your money and go bankrupt if you don’t understand the tricks employed to engage in Land Survey sponsorship.   A lot of agents glamourize land sponsorship and always…

Everyone’s prayer is to grow old happily and pray for your loved ones to take care of us till we die but this wasn’t the case for this Old woman whose children and their friends colluded to sell her Only property to my client without her consent and put my client in trouble for buying stolen property.   Grab Your popcorn to hear Gist!!!   My client was desirous of buying a property on the mainland and only wanted a property that had either a C of O or the Governor’s consent. This proved to be very difficult to get…

The most abused land scam gimmick today you hear from real estate companies, agents or marketers of land especially in Ibeju Lekki today is “EXCISION IN PROCESS”. They claim that their lands for sale are undergoing “Excision Processing” and the property already has a “FILE NUMBER” to hoodwink buyers to purchase their lands. Continuous usage of these words “EXCISION IN PROCESS” and “FILE NUMBER” are employed by these real estate agents or marketers to scam buyers and make purchasers feel very comfortable to buy their lands. Whether they say it innocently or negligently, it’s still a scam and buyers should beware of…

Omonilelawyer was contacted by a young couple to assist them in recovering N6,000,000 paid to a popular real estate company for a piece of land in Ibeju Lekki who defrauded them. The young couple claimed a part of the money was given to them as a wedding gift by an uncle while the remaining was sourced through joint savings. Instead of lavishing the money on frivolities and luxuries, the couple agreed to invest the money in real estate as a way of securing their future.   Having heard several dreadful stories about Omoniles over the years, the newlyweds decided to…

In 2012 i wrote about survey plan scams and it went viral. 8 years later in 2020, the need to re-write about these kinds of scams are just as important as it was then for people to be aware of the dangers of being in possession of a very fraudulent survey plan since many crooked real estate companies are springing up everywhere more especially in Ibeju Lekki. For those who have not seen a survey plan and you want to differentiate between a genuine survey plan from a fake one, please read this article to learn a lot about survey…

Real estate fraud especially in Lagos deeply hurt and affected over 500,000 victims last year and resulted in over N5 Billion Naira in losses traced to dubious real estate developers, unscrupulous agents, shady land or home sellers and deceitful Omo-onile customary landowners. Personally I have prevented over N300 Million Naira fraudulent land transactions this year alone and the numbers keep on increasing. Along the way, I have met smart buyers who claim to be very savvy in real estate matters but still ended up as victims to these property scammers because they refused to seek professional help from more experienced…

This is a section that deals with true land and property scam stories perpetrated by Real-life Land Scammers. It gives you the opportunity to read about these dubious property thieves and how far they would go to defraud and scam you if you don’t conduct due diligence. Here are some land scam articles you might be interested in and I hope you learn from them and realise there are so many wicked people dreaming day and night on how to swindle you off your life savings once you refuse to examine and investigate them properly. They include Pastors, Grandmothers, 80-year-Old…

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…

Whenever I try to educate people about the hazards of buying land without conducting a verification, I get a lot of reproaches, accusations and unpleasant comments from people ( Mostly dubious individuals to be honest). Some go as far as saying am a harbinger of bad news or creating mere fictional stories to scare people. With this in mind, I have decided to reluctantly expose the foolishness of one client (Name withheld) for attempting to purchase land without going through due process to verify a land. I will also show you the result of purchasing that property.     The…

In the last 4 years, I have seen so many property buyers suffer the pains of being scammed by Land fraudsters. These land fraudsters have so many tricks up their sleeve to dupe innocent land purchasers ranging from showing the buyer other people’s lands that do not belong to them or presenting forged or fake title documents to deceive and coerce them into buying problematic lands.     With this in mind, Omonile Lawyer presents to you our Top 10 Unsafe Lands to buy. These lands have been carefully selected after a series of pain-staking background checks carried out by…

Like a scene in one of these dumb Nollywood movies which we never really expect it to happen in real life, I came across one of the most elaborate hoaxes to defraud a client. Mr Babatunde through his agents was able to locate a property he was desirous of purchasing at Alapere Ketu Lagos.     After inspecting the property the agent now told him that it was a safe property to buy because it had a C of O. Mr Babatunde then decided to contact me to conduct a background check on the property and C of O. My…