IMPORTANT LAND TITLES IN LAGOS AND WHAT THEY MEAN
November 28, 2022 Understanding land titles enables you to know which land to purchase and which one to avoid. A land purchase can be a very profitable investment and it can also lead to loss of money and court actions. To avoid the bad side, you need to understand different land titles and their legal implications. Looking at Land Use Act 1978; This act vests all land comprised in the territory of each State in the Federation in the Governor of that State and requires that such land shall be held in trust and administered for the use and common benefit of all Nigerians in accordance with the provisions of this Act. Therefore, any citizen that’s willing to have a right to a land in such state is granted a right of occupancy for a period of 99years. Now you know that all land belongs to the government! We will now consider the different land titles in Lagos State, Nigeria. 1 . FREE OR UNDER GOVERNMENT ACQUISITION Free land is a land that the state or the...