HOW TO VERIFY LAND TITLES BEFORE MAKING PAYMENTS

Several times, Land Investors are overwhelmed with the quest to acquire a piece of land that they neglect the verification stage which is most crucial in the land acquisition process. This is the story of Mr. Richard who is based in the US. He needed to acquire a piece of land in Anambra State. So he spoke to his friend about it who later helped him to purchase the land in a very good location. Three months after the transaction, it was observed that an unknown person was cultivating on the same piece of land. And that's where the problem started. Through a thorough investigation, They found out the land wasn't genuine. His seller had sold the same land to another client. Even his friend didn't know about this before the transaction was completed. That was how Mr. Richard fell for a land fraudster and lost the millions he spent purchasing the land. As you know, a land dispute in Nigeria is not an easy task. In most cases it's usually a survival of the fittest You can agree with me that the above incident could have been avoided if they had taken time to carry out proper verification on the land before making payments. And that's the reason, I decided to put up this write-up to educate you on how to verify lands before making a purchase. But before that, let's look at the benefits of land verification 1.The legality and ownership of the property are clearly demonstrated with proof. 2. serves as insurance. 3. It allows you the flexibility to do whatever you want with the property, including building on it or selling it again. 4. It boosts your trust and confidence Now, let's take a look at How to Confirm the Authenticity of a land Title 1. Request a copy of the survey plan and hire a surveyor to check if the site you visited is included in the plan. If the seller doesn't cooperate, that's a red flag, consider leaving the land 2. Request a copy of the title deed. Verify the validity of the land documents at the Ministry of Land. If the seller is not cooperating, just Japa! 3. Check the Master Plan in the Ministry of Physical Planning to see what the land parcel has been designated for using the coordinates. Avoid areas that have been designated for usage by the government. Limit yourself to areas designated for domestic use. 4. Request to examine the floor plan, then choose an appropriate plot. 5. Find out whether there is a current legal battle or dispute involving the property. 6. Find out whether the land was purchased or inherited. 7. Verify that the dates are valid. Verify papers with one another to be sure they are authentic. 8. Keep detailed records of all land purchase transactions Everything, including land prices and survey expenses. Consider every land purchase to be a commercial transaction, as it should be. 9. It makes no difference if the individual you're dealing with or buying from is your son, uncle, aunt, boss, friend, or pastor. Before you proceed to make payments, ensure sure they have given you all the necessary papers. Additionally, spend some time attentively reading the materials you are given. Don't forget, you need the services of a property lawyer to help you in the land title verification process I'm Eleanya Chukwuemeka (Economist Realtor). I take personal efforts to confirm the genuineness of land before contacting my clients. You buy land and buy peace of mind and also get value for the money you spent. You can reach me today via 09031167145 let's discuss your real estate needs