Rayblek Properties

Once again, I got the opportunity to learn capacity

I am using this medium to appreciate the management of Brit Properties Nigeria limited, led by Dr. Bright Chimezie (Dr. ICRMP, MBA, DSc, LBS, FCILRM, CFIAR) for this amazing opportunity.

And for the privilege of being under the tutelage of Institute For National Transformation (INT), Lagos Business School, Pan-Atlantic University, I do not take this for granted…

We’ve been trained and equipped, it’s time to put in the work

Watch this space ✈️ ✈️✈️

Before buying into any property you need to be well informed of the land title that property holds and its significance

1. REGISTERED SURVEY/SURVEY PLAN
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

2. EXCISION
Excision is simple terms is the release of land by the state government to the indigenous people or settlers following legal processes.
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. 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.
Fortunately, the government recognizes that indigenes of different sections of the country have a right to existence . . . a right to the land of their birth. Hence, it is customary for state government to cede a portion of land to the original owners (natives) of each area.
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.

Stay Tuned For part 2
You don’t want to miss it.

I remain you number one Real Estate Consultant
Racheal Akhere