What should I check before buying a property in Lagos?
What should I check before buying a property in Lagos?
Answers & Replies
3At a minimum, verify the root of title, the seller’s authority, survey information and whether the property is affected by any government acquisition or planning issue.
This is general information only; the specific facts and applicable law should be reviewed before acting.
A lawyer should conduct title due diligence with the relevant land registry and review the transaction documents. The exact searches depend on the type and location of the property.
This is general information only; the specific facts and applicable law should be reviewed before acting.
Do not treat an agent’s statement that a property has “C of O” as the end of the investigation. Ask for the underlying title documents and independent searches.
This is general information only; the specific facts and applicable law should be reviewed before acting.
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