If you’re considering buying land in Nigeria, it’s important to be familiar with the process for obtaining a Certificate of Occupancy (C of O). A C of O is a legal document that proves ownership of land and gives the holder the right to develop and use the land. Here’s what you need to know about the process for obtaining a C of O in Nigeria:
Step 1: Apply for a Survey Plan
The first step in obtaining a C of O is to apply for a survey plan from the Surveyor-General’s office. This plan will show the exact boundaries and measurements of the land, and will be used to determine the correct size and location of the property.
Step 2: Prepare a Deed of Assignment
Once you have the survey plan, you will need to prepare a Deed of Assignment. This is a legal document that transfers ownership of the land from the current owner to you. It must be executed by a lawyer and registered with the government.
Step 3: Apply for a Governor’s Consent
After the Deed of Assignment has been registered, you will need to apply for the Governor’s Consent. This is a process in which the Governor’s office reviews the application and decides whether to grant the C of O.
Step 4: Pay the Applicable Fees
Once the Governor’s Consent has been granted, you will need to pay the applicable fees. This will include the cost of the survey plan, the Deed of Assignment, and the C of O itself. The fees can vary depending on the location and size of the land.
Step 5: Receive the C of O
Once all the fees have been paid, the C of O will be issued to you. This document will prove your ownership of the land and give you the legal right to develop and use the property.
It’s important to note that the process for obtaining a C of O in Nigeria can be complex and time-consuming, and it can take several months or even years to complete. Additionally, the process can be subject to delays and corruption, so it’s important to work with a reputable lawyer or real estate agent to help guide you through the process.
In conclusion, obtaining a C of O is an important step in the process of buying land in Nigeria, and it’s important to be familiar with the steps involved in order to ensure that you’re making a smart and informed decision when it comes to purchasing property in the country.