Ultimatesea Properties

Understand Land documents.

Receipt : is a piece of paper that shows the price of land that you have bought and proves that you have paid for it.

Sale and Purchase Agreement is a legal document that outlines the details of the property transaction. It includes details of the parties involved either company or cooperative, including the purchase price, both parties must agree to the terms and sign the document.

Contract of sales : is a document that shows the land/property is been paid in installments between the buyer and the seller.

Deed of Conveyance : is a legal document that transfers ownership of a property from the seller to the buyer and it must be registered and signed with the relevant land owner/
registry.

Deed of Assignment: is a legal document that transfers the ownership of a property from one party to another. It is used when the seller does not have a Deed of Conveyance or when the property has been previously assigned. and it must be registered and signed with the relevant land owner/ registry.

Survey Plan : is a legal document that shows the boundaries and measurements of a property. To obtain a Survey Plan, the buyer must engage a licensed surveyor.

Certificate of Occupancy (C of O) is a legal document that proves the ownership of a property. It is issued by the state government and serves as proof that the property is not under any government acquisition.

Building Plan Approval is a legal document that shows that a property has been approved for construction by the relevant government agency.

A gazette is a document which show the communities or villages that have been granted excision and the number of acres or hectares of land that the government has given to them.

Perfected Assent is a legal / probate: is document that shows a property is inherited by a beneficiary. It serves as proof of the beneficiary’s ownership of the property.

Deed of Mortgage is a legal document that serves as security for a loan that is taken out to purchase a property. It gives the lender the right to take possession of the property if the borrower defaults on the loan.

Excision is a legal process where the government revokes its interest in a portion of land that was previously designated as government-owned.

Court judgment: is a decision of a court adjudicating the rights of the parties to a legal action. This is why you see some handwriting on the wall of a building or fence, passion taken by the court order.

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