Dunjoyin Adegboye is a Legal Practitioner, property and corporate law consultant with a vast knowledge of the law and corporate drafting skills. She believes in the need to always thrive on challenges and continuous personal growth and development. In this piece which she pens for TheBossApproach, she writes on the major pitfalls people encounter when buying virgin lands in Nigeria.
Never buy land in the dry season:
This is because you can never know the kind of earth/soil in that area during the dry season. Let the rains come before you purchase the land/property, so you can know if it is a water-logged area or not.
Inspect the property by yourself:
Go there, don’t just assume that since it’s an expert that is selling it or marketing the land to you, it will be good. Go see for yourself.
Conduct the inspection with a lawyer:
Talk to a lawyer, the fees for going for inspection will not kill you. This is because once you tell the other party that your partner is a lawyer, they become more careful and the tendency to be cheated is greatly reduced. You also get an expert opinion from your Lawyer.
During the inspection, check for beacons:
If you see one ask questions from the vendor, beacons indicate that someone already marked that area as his. Also, check for blocks (2 coaches of fence). If you meet blocks/fence there, ask questions. Fencing is a way of showing that someone is working there already.
During the inspection, check for a possible dug well:
Trust me, many have seen this and bought the same thinking it wasn’t a big deal only to find out that the land belonged to another person.
During the inspection, check for possible burial sites:
It won’t be obvious… Some people just purchase land, bury their fathers there and travel out. Don’t let Omo Onile deceive you.
If you meet a building foundation there, ask for the person who put it there, if the person is dead, ask for the death certificate. But seriously, ask a whole hell of questions if you see anything fishy. Ask for documentary evidence of ownership receipts, property executed agreements, certificate or right of occupancy, deed of assignment, deed of conveyance.
Make sure your Lawyer sees copies of all the documents available. He/she alone can explain the gravity or weight/value of any of the documents you are given. The following are what your lawyer will do afterward so know that you must pay him/her well. Lolz!
- A search at the corporate affairs commission.
- A search at the land registry.
- A search at the courts to ascertain that there are no pending suits on the land.
- A search at the probate registry so as to be sure that the land doesn’t belong to someone who has died and his children inherited the same by reason of will or another device.
- Take a look at the immediate environment and ask “Is it motorable?” “Can my vehicle pass conveniently?” Don’t let anyone bamboozle you that government is coming to fix it.
- Be patient, don’t rush. This process takes time.
- Pray hard. Funny right, but it’s very important that you don’t fall into the hands of careful fraudsters.
Dunjoyin Adegboye is a Legal practitioner, Property and Corporate Law Consultant with vast knowledge of Law and Corporate drafting skills. She believes in the need to always thrive on challenges and continuous personal growth and development