by trustedadmin | Aug 24, 2023 | Business, Insights, Nigeria, Nigerian Law, Real estate
No matter the size, large or small, every single person has an estate and must be able to identify the same. Every person has something they own. It may have been passed down to them, purchased, or acquired in some other way. Where effectively deployed, estate...
by trustedadmin | Jul 24, 2023 | Business, Nigeria, Real estate
In Islam, the laws on estate sharing and inheritance of a deceased person are carefully outlined in the Sharia (Islamic law). A number of conditions must be met before the sharing of the deceased’s estate. These conditions include; The debts of the deceased...
by trustedadmin | Jul 24, 2023 | Business, Insights, Real estate
In Nigeria, every citizen possesses the right to acquire and own immovable property anywhere in Nigeria. However, the right to own immovable property, like every other right enshrined in the Constitution of the Federal Republic of Nigeria, 1999 (as amended), is not...
by trustedadmin | Jul 12, 2023 | Business, Insights, Real estate
Most people usually do not want to rent an apartment where the Landlord also resides. This mindset appears to be predicated on the different harrowing brought on by such landlords which often leads to constant conflict between the Landlord and Tenant. The root cause...
by trustedadmin | Jun 29, 2023 | Business, Insights, Nigeria, Real estate
By virtue of the Land Use Act of 1978, all lands comprised in the territory of each state in Nigeria are vested in the governor of that state and such land shall be held in trust and administered for the use and common benefit of all Nigerians.[i] Every citizen of...
by trustedadmin | May 31, 2023 | Business, Nigeria, Real estate
Unlike other basic transactions involving goods, the ownership of a property does not automatically vest in the purchaser after paying the agreed consideration and signing the dotted lines of the Deed of Assignment or such other instrument of transfer. Whether it is...
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