Introduction
Investing in land in Lagos is a lucrative venture, but verifying the title of the property is crucial to avoid legal issues and financial losses. Land title verification ensures that the seller has a legitimate claim to the land and that there are no encumbrances. However, the process often presents challenges, leading to failed verifications. This article outlines the top five reasons your land title verification may fail in Lagos and provides actionable solutions to address them effectively.
1. Incomplete Documentation
One of the most common reasons land title verification fails is incomplete or missing documentation. Essential documents like the Certificate of Occupancy (C of O), Deed of Assignment, Survey Plan, or Governor’s Consent must be provided to validate ownership. If any of these documents are missing, the verification process stalls.
How to Fix It
- Conduct a Document Audit: Request all relevant documents from the seller or current owner. Cross-check them with the requirements from the Lagos State Lands Bureau.
- Engage a Lawyer: Hire a real estate lawyer to verify the authenticity and completeness of the documents. Lawyers can also help identify any discrepancies.
- Request Certified True Copies (CTC): If original documents are unavailable, apply for CTC from the appropriate land registry to confirm ownership details.
2. Unregistered Land Titles
Unregistered land titles are another common issue. Many properties in Lagos, especially in rural areas or newly developed regions, lack proper registration. Without registration, the government does not recognize ownership claims, making verification impossible.
How to Fix It
- Register the Title: Work with the seller to register the land title at the Lagos State Land Registry. This process will legitimize the ownership claim.
- Request for Survey Confirmation: Verify if the land has been charted by the Surveyor-General’s Office in Lagos.
- Use Legal Experts: A lawyer experienced in property transactions can assist in registering the title and resolving unregistered claims.
3. Disputed Land Ownership
Land disputes are prevalent in Lagos and often arise from multiple claims on the same property. These disputes complicate title verification and pose significant risks for prospective buyers.
How to Fix It
- Conduct a Land Search: Visit the Lagos State Land Registry to determine the ownership history and check for any registered disputes or encumbrances.
- Engage Local Authorities: Consult local landowners, community leaders, or the Family Head (Omo-Onile) to confirm ownership.
- Seek Mediation: If disputes exist, engage a mediator or legal professional to resolve them before proceeding with the transaction.
4. Government Acquisition or Encumbrances
Land designated for government use or under acquisition cannot be sold or privately owned. Buying such land without thorough verification often results in failed transactions.
How to Fix It
- Obtain a Land Information Certificate: Apply for this certificate from the Lagos State Land Bureau. It provides information about the land’s status, including whether it is free from government acquisition.
- Verify Zoning Regulations: Ensure the land is not within a restricted zone, such as areas designated for public infrastructure or environmental preservation.
- Consult the Surveyor-General’s Office: A professional surveyor can help verify the land’s status in government records.
5. Fraudulent Practices by Sellers
Fraudulent sellers, including impersonators or those using forged documents, are a significant problem in Lagos. Falling victim to such scams often leads to failed land title verification and potential financial loss.
How to Fix It
- Engage a Real Estate Lawyer: A lawyer will scrutinize documents and perform due diligence to detect fraud.
- Verify Seller’s Identity: Request valid identification and compare it to the names on the property documents.
- Conduct Background Checks: Investigate the seller’s reputation through local community references or previous buyers.
Tips to Avoid Title Verification Issues
- Work with Reputable Professionals: Always engage licensed surveyors, lawyers, and real estate agents with a proven track record.
- Request Receipts for All Payments: Keep records of every financial transaction during the property acquisition process.
- Avoid Rushing the Process: Land verification takes time. Avoid pressure to make quick decisions or payments.
- Use Technology: Leverage tools like the Lagos State GIS portal to verify property information online.
The Cost of Skipping Title Verification
Failing to verify land titles properly can result in:
- Loss of investment due to fraud.
- Prolonged legal battles over ownership disputes.
- Difficulty reselling or developing the property.
- Penalties from the government for illegal acquisitions.
Investing in proper verification safeguards your investment and ensures peace of mind.
Land title verification is a critical step in securing your investment in Lagos. Don’t leave it to chance or fall victim to avoidable pitfalls. At Chaman Law Firm, we specialize in land title verification, property transactions, and resolving ownership disputes.
Contact us today for professional assistance and let our team guide you through a seamless and secure property acquisition process.
Call us at 08065553671 or email us at info@chamanlawfirm.com to schedule a consultation.
Our offices are conveniently located in Lagos, FCT Abuja, Ogun State, and the UK. We are readily available to assist you with your legal needs.
Secure your dream property in Lagos the right way. Your peace of mind is our priority!