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Saturday, 16 August 2025

πŸ›‘️ The Importance of Due Diligence Before Buying Land in Nigeria

Buying land in Nigeria is one of the smartest investments you can make — but it’s also one of the riskiest if you skip due diligence. Many investors have lost millions to scams, fake documents, or government-acquired lands simply because they failed to investigate properly.

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πŸ” What is Due Diligence?

Due diligence means carrying out thorough checks and verification before paying for any land. It helps you confirm that:
✅ The land truly exists.
✅ The seller is the rightful owner.
✅ The land is not under government acquisition.
✅ The title documents are authentic and valid.

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⚖️ Key Steps in Land Due Diligence

1️⃣ Verify Land Ownership

* Confirm the seller has the legal right to sell.
* Demand original documents such as Deed of Assignment, C of O, Gazette, or Governor’s Consent.

2️⃣ Conduct a Land Search

Visit the Lagos State Land Registry or appropriate land bureau.
Run a search to confirm if the land is free from encumbrances or disputes.

3️⃣ Check Survey Plan & Beacon Numbers

* Ensure the survey plan matches the actual land.
* Verify the beacon numbers with the Surveyor General’s office.

4️⃣ Investigate Community/Family Land

* If buying family or community land, meet with the head of the family and principal members.
* Avoid dealing with just one member to prevent future disputes.

5️⃣ Physical Inspection

Visit the site to confirm boundaries, location, and any ongoing disputes with neighbors or communities.

6️⃣ Hire Professionals

* Work with a Realtor ,property lawyer and a licensed surveyor to guide you through the process.

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🚨 Why Skipping Due Diligence is Risky

❌ Buying from fake landowners (Omonile scams).
❌ Purchasing government-acquired or committed lands.
❌ Double allocation (same land sold to multiple buyers).
❌ Expensive legal battles in the future.

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✅ Final Advice

Before you buy any land in Nigeria, verify first, pay later.
Never rely on verbal assurances or cheap prices — do your due diligence.

πŸ“ž For professional guidance and verified land offers in Lagos, call/WhatsApp: +2348082952354 (Mr. Ilori Kolawole Samuel)

πŸ’° πŸ›‘Best Property to invest in year 2025

Tiara Estate Phase 1 – Facing Lekki International Airport
πŸ“ Location: Lekki airport, Ibeju Lekki
🧾 Title: C of O
πŸ“ Size: 500sqm
πŸ’° Price: ₦35M
Initial Deposit: ₦6M

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πŸ“ž Call/WhatsApp: +2348082952354 (Mr. Ilori Kolawole Samuel)

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