Well, here are the top 6 Land Title in Nigeria's Real Estate industry
1. ๐Certificate of Occupancy (C of O): This is one of the strongest and most recognized forms of land title in Nigeria, issued by the state government to individuals or organizations granting them legal ownership rights over a piece of land.
2. ๐ Deed of Assignment: This is a legal document used to transfer ownership of land from one party to another. It is often used in transactions where the land has already been granted a title, such as a C of O.
3.๐ Deed of Conveyance: Similar to a deed of assignment, a deed of conveyance is a legal document used to transfer ownership of land from one party to another. It is commonly used in property transactions.
4.๐ Statutory Right of Occupancy: This is a legal right conferred by the government on an individual or organization to use and occupy land for a specific purpose. It is usually granted for a fixed period, subject to renewal.
5. ๐ Customary Right of Occupancy: This is a traditional form of land ownership recognized under customary law. It grants the holder the right to use and occupy land based on customary practices and traditions.
6. ๐ The Gazette: A gazette is an official publication by the government that contains notices, proclamations, and regulations. In the context of land titles in Nigeria, a gazette may be used to declare an area as government land or to provide information about land allocations, acquisitions, or other legal matters related to land. It can serve as evidence of government action regarding land matters and may be referenced in land transactions and disputes....
Remember to always carry out your due diligence before paying for any property
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