Do you know that Wayo Real Estate companies in Ibeju Lekki have successfully duped thousands of people over ₦500 million Naira since January 2022 because they were able to convince these Victims to buy their lands without verifying them?   Many of these victims today don’t have any land allocated to them as promised. Many of these victims are holding worthless deeds of assignment. Many of them don’t have any survey plans. Many of them paid for these lands and later realized that the lands belonging to the government or the community where the lands are located have issues or…

Nigerians abroad who want to buy lands or houses in popular areas in Lagos such as Lekki, Ibeju Lekki, Ajah, Epe, and Ikorodu, etc are at the mercy of fraudulent real estate agents, dubious developers, and wayo real estate companies, crooked omo-oniles and dishonest sellers.   They have no one to tell them the truth about the genuineness of the land or house because of the distance between them and the property they intend to purchase.   These Nigerians abroad can only rely on the pictures, and videos the scammers send to them and word of mouth guarantee from the…

New Land Fraud Alert: Beware of Fake Lagos State Governor’s Consents used by scammers to dupe you of your life savings. Land fraudsters in Lagos are now selling wayo and suspicious lands with fake governors’ consent. Thousands of people have lost Billions of Naira purchasing lands with fictitious Governor’s Consents sold by these dubious real estate fraudsters.. Learn how to spot a Fake Governors Consent

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…