Buying Land in Nigeria (Everything You Need To Know & Do)
Buying land in Nigeria is one of the common property law transactions, which is administered by various legislations depending on the jurisdiction in Nigeria. Conveyancing, as it is known, is the process by which ownership of land is transferred between a seller and a buyer. This can include both residential and commercial land transactions. WHAT TO KNOW BEFORE BUYING LAND IN NIGERIA A prospective purchaser of any property (or normal circumstances his solicitor) would have main concerns. First, he/she must be sure that the vendor of the property is really entitled to sell it. Thus the buyer must first insist that the vendor proves that his title to the land is good and that he can pass to the purchaser the land/ property which he is offering to sell. Secondly, the purchaser will want to know whether any third parties have rights to the land which might interfere with his intended use of it. These third-party rights might include covenants restricting usage, a right of way, tre