Buying property in Lagos can be risky. Discover the top mistakes/errors buyers make and how to avoid fraud, double sales, land disputes, and defective documents.
INTRODUCTION
Lagos is one of the most active real estate markets in Africa, but it is also one of the most problematic. Unsuspecting buyers often fall victim to Omonile fraud, invalid documents, defective titles and ongoing litigation.
Here are the major mistakes buyers make — and how to avoid them.
1. relying on verbal information from agents or sellers
Many buyers trust what agents say:
• “The land is free.”
• “The family has agreed to sell.”
• “Others have bought here.”
• “It will be gazetted soon.”
Never rely on words. Always verify legally.
2. paying without a lawyer’s involvement
This is the MOST COMMON and MOST EXPENSIVE mistake.
Buyers believe:
• “Lawyers are expensive.”
• “It is a simple transaction.”
• “The seller has a lawyer already.”
A small legal fee can save you millions.
3. not conducting a survey verification
Fake or incorrect surveys lead to:
• Buying government-acquired land
• Buying someone else’s property
• Buying land outside the claimed coordinates
Always take the survey to the Surveyor-General.
4. ignoring family disputes
Family land is complicated.
Ask:
• Who are the accredited family representatives?
• Has another person been authorised to sell?
• Is there internal dispute?
Your lawyer must interview the family.
5. buying land under litigation
Many lands in Lagos have pending court cases.
A litigation search prevents:
• Loss of money
• Future demolition
• Injunctions stopping development
6. not checking land use or government plans
The land may fall under:
• Road expansion
• Drainage alignment
• Airport zone
• Government scheme
7. not perfecting title after purchase
Failing to:
• Stamping
• Register the deed
• Obtain Governor’s Consent
…weakens your ownership and makes resale difficult.
CONCLUSION
Avoiding these mistakes requires legal guidance.
At Leye Omitola & Co., we ensure buyers avoid fraud, litigation, and defective documentation
Contact:
📞 08069454600