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How to find tenants

Finding the right tenant can save you a great deal of time and money. The ideal tenant is one that pays the rent on time and keeps the property in good condition. That is why it’s so important to invest time and energy in finding the right tenant for your house.


Never rush the process
Some landlords/agents just rush and accept any tenant into their house who can pay the money immediately. This tends to happen mostly when the house has been up for rent on the market for a long time. Desperation can trigger a landlord selling to anyone which can cost more in the longer term compared to an empty property.

Research
Ensure you do your due diligence and don’t just dismiss a tenant just because of what you perceive. That person you turned down may just be the best tenant you will never have. Be logical and do your research before you pick a tenant.Don’t be afraid to sound intrusive. You need to confirm a tenant’s ability to pay the rent before you make any decision.

Be flexible
To get the most out of a deal; you have to be flexible. Stick to your plan but be prepared to adjust to also accommodate your tenant preferences.

Take advantage of technology
With the advent of technology, you can advertise your property via social media or a reliable online platform like PropertyPro.ng.
In your listings on social media try to include a nice photo of your house, basic details of the house and your contact information.

Trust your gut
Just because someone has a good job that doesn’t mean that person will be the best tenant. Even the best-paid tenant could vandalize your property. If you are uncomfortable about a potential tenant then it may be advisable to continue your search.

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Things a Real Estate Agent Should Never Do

If you want to be a successful real estate agent, there are some things you should never do.In your pursuit to become that favourite agent every homeowner or potential buyer wants to deal with, you should avoid the following things below.


Losing contact after closing a deal
Some agents lose contact after a closing a deal. After working hard to convert leads to clients and getting a successful transaction, it won’t do you any good to lose contact with your clients. Maintaining contact with your clients will earn you lots of referrals as most homeowners prefer doing business with a trusted agent. You can send out ‘thank you’ notes periodically or call them occasionally.


Unorganized information
Retrieving a phone number or an email address might prove to be a difficult task if your client’s information is not organized thereby making follow-up difficult.  Always try to organize your data so you can easily access it whenever you want.



Bad investment
Before you invest in any form of marketing, always make sure you do a market survey before investing in any form of marketing. You need to identify the marketing channel where you get the highest numbers of leads, referrals, and clients. When you make these observations, you can reduce spending on some irrelevant areas in order to re-invest it in other profitable areas.

Ignorance of trends in the real estate sector
Regardless of whatever industry you are in, it is always evolving on a daily, weekly, monthly or yearly basis with new laws, techniques, and trends. If you’re not aware of what’s happening in the real estate industry, you will be left behind. All you have to do is educate yourself by reading various publications about real estate, going to workshops or seminars, join a class online and many other educational options to learn from.

Contact me anytime
Agents should never tell a client to contact them anytime especially if you do not mean it. Is it okay for your client to call you on a weekend at 2 am? If your answer is “no”, it’s better to let them know the best times to call, text or email you.


I will read the contract for you, just sign the contract
As real estate agents, you will read a lot of contracts and work closely with lawyers, but you are not a lawyer.  An agent should never tell a client to sign any contract that they have not read. Don’t sign a contract unless you have read the contract and had a lawyer review it for you.


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Real Estate Tips: Managing Your Clients

Managing clients
Imagine you own a real estate agency and you have many clients. There is a long list of questions you need to answer from various clients. Now, imagine the ever-growing list of clients putting pressure on you to meet their varying demands. So, how do you keep up with this demands and not break under pressure? Obviously, your business has expanded which is a positive thing but it has not adapted to its new size to meet the ever-growing number of clients and demands. Below are helpful tips for managing your clients and their varying demands.



Hire more personnel

Don’t be of the opinion that hiring more staff will eat into the profit. The truth is, if your clients are not managed properly, they would leave you for a better firm. The more client you lose translates to you losing profit to your competition.You need to have enough personnel to attend to the client’s demands promptly.  Getting more human resources could even help your business grow faster especially when you have a good team.

Use technology
Technology has made life easier. Take advantage of the tool and strengthen your online presence. Don’t be against technology, it will make your job easier in managing so many clients. Create a website where clients can get information about your company, place orders and even ask questions. You can also market your listings to other reliable property agencies. A good website helps you to attend to the needs of your clients easily.

Manage your time
The reality is that as responsibilities increase, it becomes more important to prioritise your activities if not you would not get anything done. You cannot afford to do things recklessly anymore as now you have many demands from clients. Get a to-do list, prioritise your activities daily and ensure you follow through with the schedule. That way, you reduce the possibility of forgetting meetings and appointments with clients and leads.

Protect confidential information
As you build relationships with various clients, you get access to confidential information. You may even have celebrity clients, politicians, businessmen, and CEOs. Although it may be tempting to disclose their identity to others, you need to practice discretion. When you share information about your clients, you lose the trust of your customers. You tend to lose clients especially when you are perceived as untrustworthy.

Building any form of relationship takes time. You have to earn trust through consistency and reliability, and you have to demonstrate your commitment to the client by offering excellent customer service. When you make the extra effort to truly engage with your clients, you’ll not only see how this impacts your sales but you may also make some friends in the process.


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Reasons to Consider Buying a House With a Real Estate Agent in Nigeria

Real estate agent

In Nigeria, doing the work yourself can save you the significant commission rates many real estate agents charge you but there is the probability that you could end up spending more money than an agent’s commission in the long run. Buying or selling a home is a major financial undertaking. Discover the reasons why you should consider buying a house with a real estate agent below.

The fact that you are working with a professional who has experience in the house buying process will help save your time unlike the time you would waste trying to figure things out on your own.
Negotiations
Who do you think would have the upper hand in a tough offer negotiation: is it a real estate professional with experience or a home-buying newbie who has an emotional attachment to the home?  Without an agent, buyers go into negotiations handicapped.

Access To More Property Listings
Property listings
An experienced real estate agent will provide you with more property listings than you would have had access to if you were searching for it by yourself. With an agent, you get to have varying degrees of properties listed for sale.

Assistance With The Paperwork
Paperwork
Do you enjoy reading through paperwork that goes into buying a home? Paperwork can make the home buying process frustrating especially when you don’t have an agent to assist you. Agents are not lawyers but they are familiar with paperwork for houses, hence, they can assist you during the process.You need not worry about paperwork when you are trying to buy a house with a real estate agent.

Overpaying
Overpaying
Without a real estate agent, you could find yourself at the mercy of a house owner who is eager to exploit your desperation to buy his/her house. An experienced real estate agent would be able to spot when you are been overcharged and ensure that you’re not paying too much for the property involved.

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Tips to help you avoid a real estate scam


It is unwise to think you can’t be fooled in a real estate transaction while some sellers and buyers are quite honest, there can be some dishonest sellers, agents or buyers. The reality is that the trait of dishonesty is not written on anybody’s forehead instead many of this scammers are criminally minded folks who are taking advantage of the system. Scams in the real estate industry in Nigeria are real but real estate scams are not just a problem peculiar to Nigeria. It is a global issue and there are ways you can protect yourself against being a victim.

So the real question is: how do you know if you’re about to be scammed in a real estate transaction?  The truth is you can’t know if you are about to be scammed but there are warning signs and tips you can take to protect yourself against the activities of scammers. Even if you are working with honest people, these are safe ways to approach buying, renting or selling any home.

Don’t rush the buying/renting process
It is quite possible to find a great deal and you most probably want to act quickly so you don’t lose the offer to someone else but the problem with rushing the buying or renting process is that you have little time to question the real estate transaction.

Step on the brakes of excitement and objectively analyse the deal if it seems to good to be true then it is advisable to step back from such transactions. It is better to be safe than sorry.

Verify the person you’re working with in the real estate transaction
Do not take whoever you are working with at face value ensure you do your research about that person. This is the digital age, check the person online, ask for referrals from other people and review their past works.

If your gut feeling tells you something is wrong with the person involved in the real estate transaction, then you need to step back do more research about that person. Don’t work with any person you have no confidence in.

Ask questions
Ensure to ask a lot of questions especially about any unclear issue about the real estate question. Ask the agent the reason for the sale?When there is not a reason for the sale, that can be a red flag. Questions are important because they help reveal inconsistencies in the real estate transactions.

If you spot any inconsistencies that cannot be reconciled then you need to rethink your involvement in the real estate transaction.

Avoid paying cash
If the homeowner or agent is asking you to pay in cash then you should tread carefully of that real estate transaction. The problem with paying in cash is that the money is not traceable unlike paying in a bank instead you insist on writing checks or paying at the bank as this means of payment does not leave you hanging dry if the transaction goes wrong.

You want to be able to hold someone liable when all is not what they seem; so be careful and avoid payments you can’t trace. If the agent or house owner is unyielding about paying in cash, then you need to step back immediately from that transaction.

Email scams
Internet originating scams are not uncommon these days.All the advantages of the digital era have made our life a lot easier, however, they don’t come without harm. When you receive an email that seems suspicious, double check with your agent before taking any actions requested electronically.

Use a reliable source in your search for properties
Online property listing sources such as ToLet.com.ng is a reputable platform to use in finding properties in Nigeria. It is advisable to make use of well know property agency so as not to be duped of one’s hard earned money.

Never skip inspection
A major red flag for any real estate transaction is when the homeowner or agent is trying to discourage you from inspecting the house. If there is nothing suspicious to hide then inspection is not negotiable.  Insist on inspection and if not granted by the homeowner or agent then it is advisable to terminate the real estate transaction immediately.

As a general rule, it is always best to refrain from giving out any personal information or bank information over the Internet or phone, especially if the situation doesn’t feel quite right. Have you been involved in a real estate scam before or know someone who has? Kindly share your story with other ToLet readers. Let someone else learn from your story. Drop your comments below.

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INVESTMENT YOU MADE AT SHERATION-HILLS GARDENS IBEJU LEKKI IS THE BEST YOU CAN DO TO SECURE YOUR FUTURE


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Lagos approves 15% discount on land use charge

Agege flyover completion date announced

“The Lagos State Government wednesday approved 15 per cent discount for all owners of properties in the state, which would pay their land use charge between now and April 14.”- This Day

The state government said it would inaugurate Ajah Flyover before May 29, revealing the plan to remove three more roundabouts in Lekki-Ajah corridor to ease vehicular movement.

The state governor, Mr. Akinwunmi Ambode, disclosed the plan to remove three additional roundabouts at the State House, Alausa where he received the Managing Director of Chevron Nigeria, Mr. Jeffrey Ewing and other top management staff members of the oil giant.

Ewing visited the State House alongside the General Manager, Policy, Government and Public Affairs, Chevron Nigeria Limited, Mr. Esimaje Brikinn and General Manager, Deep Water, Chevron Nigeria Limited, Mr. Lanre Kalejaiye, among others.

However, in a statement by the Ministry of Finance yesterday, the state government said it had extended the discount window for the payment of land use charge till April 2017.

He noted that the discount window would allow Lagos residents to further enjoy the discount of 15 per cent, noting that prompt payment of land use charge would make the state excel and its residents enjoy laudable programmes.

He urged residents to desist from payment of tenement rate and ground rent as section 22 of the State Land Use Charge Law, warning that late payment or non-payment of land us charge on an annual basis “would attract accrued penalties and accumulation of arrears.”

It, also, urged all property owners in the state “to take advantage of the extended discount window and ensure payment is made on or before April 4 in order to encourage the government in the delivery of services to the general public.”

When visited by the managing director of Chevron Nigeria, Ambode disclosed the plan to remove three roundabouts along Lekki-Ajah axis from next week in order to solve the challenge of traffic congestion that had become intractable along the corridor.

He added that the action was in line with the resolve of government “to totally eliminate traffic in the axis. The affected roundabouts are Igbo Efon, Chevron and Third roundabouts.”

He explained that the state government had tried as much as possible “to improve on the business environment. The state government would continue to invest in security and infrastructure to make life comfortable for residents and investors.

“We have tried to improve services within the state. The area of operation of Chevron which is the Lekki axis is not left out. Few weeks back, we improved on the traffic management towards that axis. We believe the move would also enhance productivity of the people.”

He ascribed the resolve to remove three additional roundabouts along Lekki-Ajah axis to the impact of the elimination of the first set of roundabouts had, noting that the state government would begin eliminating three roundabouts next week.

“From next week, we will commence the elimination of additional three roundabouts in the axis most especially Chevron, Igbo Efon and Third Roundabout. We believe doing that will totally eliminate traffic in that axis and we hope to also open the Ajah Flyover before the end of May,” Ambode said.

He said the essence of any government “is to create the enabling environment for businesses to thrive,” assuring that he would continue to do his best to provide safe and sound environment.

Source: ThisDay


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Ambode to deliver Oshodi-Airport before December

Ambode
Lagos State Governor, Mr. Akinwunmi Ambode Thursday promised to deliver the reconstruction of Oshodi-Airport road and Oshodi transport interchange by December this year, citing their strategic significance to traffic management in the state.

The governor equally pledged to compensate all stakeholders, whose buildings were affected during the reconstruction of Oshodi-Airport road, noting that the state government would pay property owners with valid documents soon.

He made the promise yesterday after inspecting Oshodi-Airport road, Oshodi transport, Agege Pen-Cinema flyover, Yaba Model College, Ayinke Maternal & Child Centre and Oworonshoki Lagoon reclamation alongside some top officials of the state.

After the inspection, the governor assured all residents of the state that the strategic projects – Airport road and Oshodi transport interchange – would be delivered by December 2018, asking them to show more understanding.
He explained that the need for quick completion of the road “has become imperative in view of its strategic location as an entry point into Lagos in particular and Nigeria in general. We just saw the progress of work being done on the Airport Road.

“I will like to appeal to all Lagos residents that they should bear with us. As much as possible, we will try to reduce the stress the reconstruction might generate by completing it and the Oshodi interchange by December 2018. This we hope to present to Lagos residents as Christmas gifts,” the governor said.

He, also, assured that all property owners with valid documents would be compensated soon, noting that the buildings that were affected during the reconstruction had been enumerated already and compensation would take off as soon as possible.

Ambode commended the Hitech Construction Company handling Pen-Cinema flyover, noting that with the pace of work, the flyover would be ready by December 2018.
He appealed to residents to bear with the government for the inconvenience being experienced as a result of the construction work, saying the project was designed to change the face of Lagos for good and improve on the economy.
At Oworonshoki, Ambode clarified that contrary to some reports in the media, the lagoon reclamation project was not a housing scheme but part of the overall programme for Lagos to emerge as the entertainment hub for Africa.
The governor explained that the project was designed “to transform the blighted area into major tourism, transportation, and entertainment hubs. 30 hectares land space has so far been reclaimed out of the 50 planned for the scheme.”

“While upon completion, the project would end the perennial flooding in the area, and would also accommodate boutiques hotels, event centers, cinema, clubs, bars, bus terminal, parking space with capacity for about 1000 vehicles, among others.”

At Yaba Model College, the governor said the intention of the state government “is to scale up infrastructure in public schools across the state, starting with commencement of massive rehabilitation of public schools.
“What we see is our new concept of what a model college should look like. That is why we have about 36 classrooms and nine laboratories in this complex alone. Because of the land space here, we do not really have a recreational facility

“But the ones we are building in Ojo and Shomolu have all the necessary recreation facilities that should actually go with a modern secondary school. The idea is that we want to increase the number of model colleges that we have.
“We also want to create a new template of how public secondary school should look like moving forward. This is our own template. This is the way we want to begin with it. We are doing three now. We will move forward next year to expand model colleges in the state.”

Credit: THISDAY


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7 Principles to Develop Toughness and Build the Life You Want to Live


“Don’t wait until everything is just right. It will never be perfect. There will always be challenges, obstacles, and less than perfect conditions. So what? Get started now. With each step you take, you will grow stronger and stronger, more and more skilled, more and more self-confident, and more and more successful.” — Mark Victor Hansen

At our core, all of us are looking to develop and grow in the four components of wellness: mental, emotional, physical and spiritual. Each component impacts the other, which means they have an interdependent relationship. Each day, as we make strides and build upon our core, we get stronger, more confident and smarter. We get TOUGHER.

There are a lot of different definitions out there about what “tough” means. Far too often, it is given a negative connotation.Toughness is defined as, “strong and durable; not easily broken or cut; capable of great endurance; sturdy.” Think about that — capable of great endurance. Strong and durable. Aren’t those qualities you’re looking for as you develop into the woman or man you desire to be?

Mentally, we hope to become resolute, committed and confident in our approach to everyday living. Emotionally, while it’s always good to be vulnerable and kind, it’s equally as important to be courageous, faithful and hopeful in the face of fear. Spiritually, getting in touch with what makes us who we are isn’t easy. It takes time. It takes perseverance and endurance through challenging personal battles.

And physically, it’s important to develop our muscles and take good care of the vessel that enables us to navigate this journey called life. People who take excellent care of themselves are tough — they’re able to withstand life’s nicks, scrapes, bumps and bruises. They power through adversity and failures and on to victories.

I’ve spent a lot of time coaching and working with high-achievers and top-performing teams. I’ve led them in an effort to help develop the soft skills, emotional intelligence, identify strengths and weaknesses and enable them to breakthrough and build upon both successes and failures. I’ve found that tough people aren’t born that way — they start out as a proverbial slab of marble and are sculpted into a refined, powerful work of art.

“Life isn’t easy, but you never quit. Never. I may not have been the best, but I can always give my best. That’s how you demonstrate toughness.” — Jay Bilas

A fantastic book was written on the topic by Jay Bilas, a former college and pro basketball player and current analyst. The eponymous title, Toughness, explores the ways in which we can all grow, develop and become tougher to succeed. I decided to extract the most value I could from his book and my experience in coaching high-performers, and synthesized it here for you to understand.

I think you’ll find these 7 principles will change your life and are applicable to every one of us. I paraphrased some of Bilas’ points and illustrate how we can develop toughness and live life on our terms.

1. Work so Hard that You Have to Rest
The world’s most successful people preach about the value of meditation and getting a proper night’s sleep. We all have to rest. Our rest and daily reset should come after we’ve challenged ourselves and given every ounce of ourselves to working for our daily goals. Give your absolute best to every task in front of you. And give your best to your parents, husbands, wives and children, too.

Maximize your output in all of your opportunities and relationships.

2. Finish What You’ve Started
One of the most common threads in why some people don’t feel fulfilled in their personal and professional lives is very simple: they get started on something and fail to finish. Think about it — what’s the point in that? The defining characteristic of every high achiever is that they finish what they’ve started. They either accomplish a task, reach a goal, or abandon course for a wiser, better alternative.

3. Focus with Determination on the Task at Hand
Multi-tasking, while very appealing, DOESN’T WORK. Don’t believe me? Take this from the Cleveland Clinic:

The neuroscience is clear: We are wired to be mono-taskers. One study found that just 2.5 percent of people are able to multitask effectively. And when the rest of us attempt to do two complex activities simultaneously, it is simply an illusion.
You’re growing and getting tougher when you focus with every ounce of concentration on what you’re doing in that moment.

4. Encourage Yourself and Encourage Others Who Work With You
This is straight out of the Dale Carnegie (of How to Win Friends and Influence People fame) playbook: Encourage the people around you, celebrate their wins and congratulate them on their success. But guess what? Do the same thing for yourself! Positive thought encouragement enables us to power through adversity and challenging tasks, leading us to triumph and victory. When you are genuinely self-motivated and encouraging to others, you are a person that will keep moving forward. And everyone wants to be around that person.

“Failing doesn’t make you a failure. Failing makes you a competitor. Every competitor fails. If you lay it on the line, you will come up short at times. Failure is a part of competing, and embracing that fact is an important component of toughness. Tough people fail, but tough people are not failures. The only failures are those who give up, or give in.” — Jay Bilas

5. Be Alert to Change in Your Life — and Change all Around You
As John F. Kennedy once said, “Change is the law of life, and those who look only to the past or present are certain to miss the future.” Change is unavoidable. It’s always coming for us, seeking us out whether we run, hide or embrace it. So be alert. Be alert to new opportunities. Be alert to ways you can build upon your successes, and likewise how to learn from your defeats.

6. Take Responsibility — Own Your Words and Actions
You want a surefire way to fail? Blame other people for your words and actions. Make excuses and refuse to take ownership. Deny responsibility and pass the buck to someone else. Those are the marks of a person that no one wants to work with. And if you’re seeking self-employment or entrepreneurship, you would be wise to correct this before you begin any prospective venture.

It starts with you. You will make tremendous strides in life, endure when others falter and continue growing when you accept responsibility in good times and bad. Forge ahead with a winner’s mindset. Winners are tough and always accountable for what they say and do.

7. Have One Fixed Objective— Get Better Every Day
If you’re struggling to determine what your passion, purpose, mission, definition of success or goals are, please let me remind you to start with this very simple objective: Get better every day. You have the time. Read one chapter in a book to learn a new skill. Jump rope for 10 minutes to increase your cardiovascular fitness. Spend 10 minutes in mindfulness meditation that allows you to think clearly about what’s most important in your life.

Write a small journal entry about your feelings, what moves you and what inspires you. All of these things take a little amount of time. All of them can be accomplished with minimal investment. And all of them will begin forming the compounding effect of helping you to improve and get better each day. Toughness is a prized quality among the most happy and successful people. Go on, you’re a lot tougher than you think.

You Can Do This
Join my newsletter and let me know if you’d like to work together as you build each day toward living the life you truly want. Let’s GO!


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Why Survey plan is the most Essential Document for Land Search

A very bad survey plan that was terribly drawn up and the land is under government acquisition. Please shine your eyes before you become a victim of buying lands that are defective because you failed to carry out a thorough background survey land check
A Survey plan is a document that measures the boundary of a parcel of land to give an accurate measurement and description of that land. The people that handle survey issues are Surveyors and they are regulated by the office of the Surveyor general in Lagos as it relates to survey issues in Lagos. A survey plan must contain the following information:

1. The name of the owner of the land surveyed

2. The Address or description of the land surveyed

3. The size of the land surveyed

4. The drawn out portion of the land survey and mapped out on the survey plan document

5. The beacon numbers

6. The surveyor who drew up the survey plan and the date it was drawn up

7. A stamp showing the land is either free from Government acquisition or not.

A Survey Plan to me is the most important document that you must ask the Omonile, agent or family that intends to sell the land/property to you TO PRODUCE. This survey plan is what Omonile Lawyer would carry to the Land Bureau to do a geographical search  or take our designated Registered Surveyor to the land to pick out the coordinates of the land to compare at at the Surveyor general’s office  whether it is a good land or not.

No matter how cheap or beautiful or strategically located a land or property is, once that property has been discovered to be designated for Government use in future, there is no point going any further to purchase it. It will be a very foolish risk to attempt to defile the government and say nothing would happen, at least there are so many houses around or so many people have bought their own and nothing has happened.

Well for those who are conversant with the Lagos State Government’s no nonsense approach in maintaining the master plan of Lagos, once your property is within that area that has being designated for future Government use, no matter how long it may be, the plan must be carried out accordingly and your property will go down without any form of compensation because you failed to do the right thing by throwing caution to the wind. Examples include the 8 Lane Dual Carriage Way in Badagry that all the houses that were on that land were demolished, All the houses in Alimosho local Government that were near pipe lines, The ones in Idiroko, The houses in ijegun etc! In fact remind me of the ones you know.

Also in Lekki Ajah, it’s even worse because there are some areas that have been specially acquired by the government for over 20 years and it’s just now that the government is trying to recover its lands. These areas are what are known as COMMITTED LANDS. Once an area has been designated as Committed, it is the ultimate no go area to purchase a land. That’s where the government has committed those areas for Road expansions, future government estates or Government Reserved areas for major developments.

As long as that Property is designated as Committed or Under Government Acquisition, it is only the Government of the day that can revoke it  and grant you the right to obtain good title for that land bought under Acquisition but if the government hasn’t given you the right to obtain a good title there, then those buying into those areas are buying at their own mega risk. Don’t for once look at the houses around there as your guide to mean the government cannot demolish those houses, you would be shocked that the owners have 4 or 5 houses and can do away with that one and poor people like you and i that have no mouth to fight government will just be rendered homeless because of our stubbornness to buy at all cost there.

Remember you know where the shoe pinches and how much you have in your pocket. This is 2014 going 2015. Plan to save more money than to throw it away foolishly. Wink

The other option from Government is that if they choose not to demolish your house because it is sited on a committed land, they will end up giving you the option to come and pay Ratification. Ratification in this sense means you’re going to pay Government the full price and taxes it has pre-determined to be the cost of that place and its non negotiable. So imagine you bought the land in 2005 for N2Million in a committed area and in 2010, you now have to pay ratification also known as “Rat” at the cost of N5Million to the Government. Does that make any financial sense to you? Imagine all the fears, rumours, prayers that you would be going through so that those caterpillars don’t come your way.  If and when the government decides not to demolish, they now ask you to pay Ratification in equivalent of  triple or quadruple the amount you bought it and remember the Omonile or Agent you bought it from would be nowhere to be found and if Found, would not in this life time refund or assist you in any way.
A Sample copy of a Survey Plan and the features it should have before you carry a search on that land
Finally another advantage of the Survey Search is that if the land has been designated for Agricultural Purpose, you would know in advance. It’s mostly prevalent in Ikorodu, Badagry and Growing Rural Areas that are just cropping up. Buying into a place designated for Agric is a major no-no! Except you Want Your immediate neighbours to be Cows, Fisheries and probably Obasanjo’s Chicken farmers! Unless it has been designated for Residential or Mixed Development Avoid it pleases.

The summary is that the Survey Plan Search saves you alot of head ache at first before you even move ahead. And once you meet an Omonile or Agent who is extremely difficult with you in terms of not providing the survey plan on demand for search please my brothers and sisters, walk away quietly. The signs are already there for you to know you’re about to be scammed. A survey plan is a public document and not a private cheque book, so you shouldn’t be bamboozled by people who tell you that the owner doesn’t want to release it because of security reasons. Trust me there is no reason. As long as he is ready to sell, that is the first thing you get from them to know your status before proceeding.
Taking a Surveyor to the Land physically to measure and pick the land coordinates is one of the most important things you must do before you buy a land so as to know the status of the land
Finally I am not a Surveyor in anyway and this information should only serve as a guide for intending land purchasers. You will be well advised to consult a Registered Land Surveyor to give you an insight into what they do and how they do it. I am only talking about the roles Survey plan play as it relates to purchasing land in layman’s terms and why it is an extremely important document to have before, during and after you purchase a land in terms of Land Verification purposes.

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NO MORE OMO ONILE

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Happy days are here for all the land owners and intending ones in Lagos as the Lagos State House of assembly passed into law a bill to battle the Omo onile also known as land grabbers. This bill which was passed yesterday prohibits forceful entry and illegal occupying of landed property in the state.

According to Mudashiru Obasa, the Speaker of the Lagos State House of Assembly, a clean copy of the bill has been forwarded to the state Governor, Mr. Akinwunmi Ambode for his assent by Mr. Azeez Sanni, the acting Clerk of the House. This was done after the Bill had gone through the Third Reading and passed by a voice vote of all members present at plenary session.

What does this mean for landed property investors and owners?

No more forceful land take-over, entry by force, illegal occupying of property, illegal use of Law enforcement agents, encroaching with a weapon, sales of property without authority and professional misconduct among others. According to the provisions of the bill offenders can now face a maximum and minimum of 21 and 5 years imprisonment, there are also various fine impositions for such persons.


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WHAT IS THE MEANING OF GAZETTE

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A Gazette is the most bastardized word Land Sellers have peddled around to Purchasers and its the most confusing document that non-land experts have heard and know absolutely nothing about. They neither know what it looks like nor its perceived advantages or disadvantages and why it is one of the most important document you must be connected to unless your home could be demolished in future for it not being associated with it. Now before we talk about what a Gazette is, we have to Know what an Excisions and how they are both connected.

BRIEF HISTORY OF A GAZETTE:
Before the Land-Use Act in 1978 was enacted, Traditional families who had so much land power under their control benefited from taking pleasure over all the rights given to them as land owners. Because of this mega-power they wielded with land, they gave out lands to individuals under a tenancy system for them to use the land either for fishing or farming while they still maintained control over the portion of the land given to the individual.

It wasn’t until the creation of Lagos Executive Development Board in the 1950s that individuals where now able to acquire land from the board directly in exchange for a sum of money instead of going to meet the traditional families to obtain land.  This led to the Traditional Families now splitting their lands to keep some for the family use and others for sale to individuals directly to compete with the Lagos Executive Development.

This system still made the Traditional Families total top dogs in exercising exclusive rights with lands they chose to sell and the ones they chose to keep. This eventually led to the birth of land speculation in Nigeria because lands were very expensive to purchase and difficult to obtain. Because of this and other ancillary reasons, it finally led to the promulgation of the Land Use Decree on the 28th of March, 1978 that vested all lands in every state of the Federation under the control of the State Governors. People could now directly obtain land from the Governor and the Governor could allocate land to the individual or Companies inquiring about land and issue certificate of occupancy to these people it has allocated land to.

The land use act coupled with other laws made it possible for the Governor who was now the owner of all lands in the state to actually have the power to Acquire more lands Compulsorily for its own public purpose to provide Amenities for the greater good of the citizens. The Acquisition of land from the Family by the Governor who is now the custodian of all lands in the state was now empowered by the Land Use Act to take the general control and management of all URBAN land and any area designated as an Urban area by the Governor shall be  published in an Official Government Record book known as the Gazette.

Any area, community or village the Governor designates as an Urban Area is an Acquired land and the rest of the land it has not Acquired may be given back to the community it was acquired from in the form of an Excision.

“An Excision means basically taking a part from a whole and that part that has been excised, will be recorded and documented in the official government gazette of that state.”

So for example if in 1981, Victoria Island, Ikoyi and Lekki were all part of one big Community joined together called Oniru and it had no separation to know which area is called ikoyi, lekki or V.I then and it has an approximate total area square meters estimate of 100,000 square meters and the Government is interested in that area and decides to take 70,000 square meters for its self for its own personal use as an Urban Area or public purpose, it will record this acquisition in the official government gazette and also record that the remaining 30,000 square meters has been left alone for the traditional family to have and do with it whatever it pleases it to do.

This  my friends is the sweet relationship between a land under acquisition, an excision and gazette.



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WHAT YOU NEED TO KNOW ABOUT DANGOTE ESTABLISHMENT

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In the year 2013, the wealthiest black man on the planet, a Nigerian teeming with foresight, Alhaji Aliko Dangote, announced plans to build a refinery.

Recently the Central Bank of Nigeria’s governor was taken on a tour of the project by Dangote. Several media houses were in attendance.
Image result for dangote refinery project
Here is some of what we learned:

  • Over $4 billion worth of equipment currently sits on the site.
  • The project is slated to cost $14 billion (N2.8 trillion) of which Dangote is contributing $7 billion in equity.
  • The project site is larger than Victoria Island. It is located on 2135 hectares of land in Epe, Lagos near the Lekki Free Zone
  • It is the largest industrial complex in Africa
  • Work goes on, on the site, 24 hours a day, 7 days a week
  • World Record 2.72 million accident free hours recorded on site, without a single lost time to injuries
  • It is the largest single train grass roots refinery in the world with a processing capacity of 650,000 BPSD
  • Dangote Group brought in the world’s #1, #2, and #5 sand dredgers to sand fill the site. 60% of the land being swampy. So far these dredgers have reclaimed 13 million m³ out of 30 million m³
  • During construction, the project will employ over 25,000 Nigerians
  • Dangote is investing over $7 billion (N1.4 trillion) in the project
  • It is the largest single train refinery project on the planet
  • When this project comes online, Nigeria will save a minimum of $10 billion a year on imports
  • The Ammonia component of the plant will produce 2.8 million tonnes of Urea
  • Dangote is producing its own electricity to power the plant and by so doing is saving 75% costs. Dangote produces electricity at a rate that is significantly cheaper than the Federal Government. Dangote’s cost is $400,000/MW, while Federal Government is $2,000,000/MW
  • All the civil engineering is done by Nigerian companies
  • The plant has an export value of $6 billion per annum, meaning Dangote’s efforts will increase the amount of foreign exchange in Nigeria’s foreign reserves by at least 40% of current value on a yearly basis
  • Dangote said when this project comes on line, his friend Femi Otedola will save at least N26 per litre on millions of litres of diesel and petrol which his companies import annually. This savings will be passed on to the consumers and it will take a lot of pressure off the banks
  • Billions of Naira were paid to acquire the land and to settle the existing communities. More money was also allocated and spent to relocate the existing communities
  • This project will restore the dignity of Nigeria, a crude producing country that has for years gone abroad to meet its demand for refined products
  • Refined products to be produced at the plant include but is not limited to propane, petrol, Jet Fuel, Diesel, Kerosene, Carbon Black, Polypropylene, Polyethylene
  • The United States Trade and Development Agency is supporting this project with $997 million
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