If you are looking to purchase land in Nigeria, it is important to know the documents you need to ensure a smooth and secure transaction. In this article, we will outline the essential documents you need to buy land in Nigeria.
- Deed of Assignment: This document is a legal transfer of ownership from the seller to the buyer. It contains the details of the property, the purchase price, and the terms and conditions of the transaction.
- Certificate of Occupancy (C of O): This is a legal document that gives the buyer the right to use and occupy the land. It is issued by the state government and is an essential document for securing ownership of the land.
- Survey Plan: This is a document that shows the exact location and boundaries of the land. It is important to ensure that the survey plan is authentic and that the land you are buying is accurately represented.
- Purchase Receipt: This is a document that serves as evidence of payment for the land. It is important to keep a copy of this document as it is required for future reference.
- Tax Clearance Certificate: This document is proof that the seller has paid all the necessary taxes on the land. It is important to ensure that the seller has obtained a tax clearance certificate before purchasing the land.
- Power of Attorney: This is a document that gives the buyer the legal authority to act on behalf of the seller in the transaction. It is important to ensure that the power of attorney is properly executed and authenticated.
- Building Plan Approval: If you plan to construct a building on the land, you will need to obtain building plan approval from the relevant government agency. This document is necessary to ensure that your building is constructed in compliance with the building regulations in Nigeria.
- Environmental Impact Assessment (EIA): This is a document that is required if you plan to carry out any development on the land. It is important to ensure that the EIA is conducted by a reputable environmental consulting firm and that it is approved by the relevant government agency.
In conclusion, purchasing land in Nigeria requires several important documents to ensure a smooth and secure transaction. It is important to engage the services of a competent lawyer to help you obtain and verify these documents before making any payments for the land.