Firstly, what is real estate?
Real estate generally means real
properties, real assets, properties such as houses, lands, fixtures, and
other natural features existing on lands.
Real estate transactions on the other hand
connote transactions or businesses relating to intangible properties
such as lands, houses, fixtures, and other things permanently attached
to lands.
Thus if you own a land whether your land is
half plot, full plot, acres of land (combination of 6 plots will give
you 1 acre), hectares of land (a combination of 1 acre of land will give
us 1 hectares), etc, then we can say you possesses real estate or
intangible property which by virtue of the 1999 Constitution you have
the right to own.
However, there are various transactions involved in owing or having real estate or immovable property.
Among these are:
1. Buying/renting/leasing/giving lands or houses;
2. Documenting the transaction under no 1 above/securing good title to lands, houses;
3. Perfecting the documents such as by registration at the Lands Bureau/Lands Registry;
4. Final execution of the sales, acquisition, gifts, etc
These stages will be examined one after the other, as we make progress.
For now, if you have any question(s) concerning any issue pertaining to lands or properties,
Please feel free to contact us:
Samuel Adegbola
AMAN ROYAL PARTNER
20 Iyalla Street Alausa Ikeja Lagos Nigeria
+234-8074352764
samuellaw.arp@gmail.com
No comments:
Post a Comment