PROPERTY PURCHASE GUIDE.

Steps to buying a house in Nigeria

  • Do your research.
  • Know how much you can afford — save a deposit.
  • Find out if you qualify for a mortgage or housing scheme.
  • Get a real estate agent.
  • Start house hunting.
  • Submit an offer on a property.
  • Have the property inspected.
  • Close the deal.
  • BUYING LAND IN NIGERIA – THE LEGAL REQUIREMENTS

    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.

    BASIC PROPERTY DOCUMENTS TO LOOKOUT FOR BEFORE PURCHASING A LAND.

    A prospective purchaser of any property (or normally his solicitor) would have to lookout for. FIRST: Customer 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