DOLPHINS REALTY LATEST BLOG

Many property owners have had horrible experiences of their C of O being revoked by the government and most times they don't know how or why it happened. This article will give you an understanding of how it works and tips to help you avoid C of O revocation.  C of O is evidence of ownership. The actual title document is the document that transfers the title from the previous owner to you e.g., the deed of assignment. Possible reasons why a land title can be revoked. ·         If the property is overriding public interest; this is when the Government requires the land for public purposes, projects, or infrastructure. ·         If the owner breaks a term of the lease; this can happen when there is noncompliance with the terms of the agreement of the lease. For example, when land that is supposed to be used for a specific purpose is not used for that specific purpose. Or when one fails to develop within the ag...

 Land ownership and titles are crucial aspects of real estate and property rights in Nigeria. The acquisition and verification of land titles are fundamental steps in the process of purchasing or transferring property ownership. In this blog, we will delve into an in-depth understanding of Nigeria land titles, their types, significance, and the process of obtaining them. Types of Land Titles in Nigeria 1. Certificate of Occupancy (C of O): The Certificate of Occupancy is the highest form of title one can have over land in Nigeria. It provides proof of ownership and exclusive rights to use, occupy, and manage the land for a specified purpose. A C of O is issued by state governments and is crucial for legalizing land transactions. 2. Deed of Assignment: A Deed of Assignment is a document used to transfer interest, rights, and title in land from the seller (assignor) to the buyer (assignee). While it doesn't confer absolute ownership like a C of O, it establishes a legal relationship ...