You Need To Know: Procedures for issuing Certificate of Occupancy (C of O)

A Certificate of Occupancy is a document issued by State governments in Nigeria to a land/property buyer as a proof of ownership. Following is a procedure for issuing a C of O:

The Land Use and Allocation Committee (LUAC) treat and coordinates all matters that border on the following:-

Land allocation at various existing Schemes in the State to the public;

Processing and issuance of Certificate of Occupancy (C of O)

Management of all existing Schemes in the State

Administering Ground Rent and computation of Demand Notice

Management of Government Leases

Technical Committee on Excision Matters

Creation and Management of Residential & Industrial Schemes;

Dispute Resolution on Land Matters;

Regularisation of Federal Government Grants

Renewal of Leases

Processing Deemed Grant Consent (formerly Private C of O)

Other duties as may be assigned by His Excellency, the Governor.

REQUIREMENTS FOR CERTIFICATE OF OCCUPANCY

Duly completed Application form

Payment receipt for the application form

Payment receipt for allocated land

Four passport photographs

WORK FLOW FOR CERTIFICATE OF OCCUPANCY

Applicant purchases and submits application pack to LUAC and collects acknowledgement slip.

Applicant collects Letter of Offer

Applicant pays for allocated Land within 60 days

Applicant issued with Letter of Confirmation with Plot and Block Number (Full payments must be made before Plot & Block are allocated)

His Excellency, the Governor signs C of O and sends file to the Land Registry for further processing

Land Registry registers C of O and releases the C of O to the allottee

REQUIREMENTS FOR DEEMED GRANT CONSENT (FORMERLY PRIVATE CERTIFICATE OF OCCUPANCY)

Duly completed Application Form

Payment receipts.

Land information certificate with payment receipt.

2 (Two) copies of Deemed Grant Deed with cloth survey plan attached.

Locational sketch of the subject site.

4(Four) copies of passport photographs of applicant.

Picture of the subject site showing date.

Certificate of Incorporation and form showing particulars of Directors (where applicant is a company).

Consent fee, Stamp duty and Registration fee.

Publication fee.

Evidence of payment of income tax

APPLICABLE RATE

3 % 0f Fair Market Value (FMV) of subject site/ property, made up of:

Consent fee: – 1.5 %

Stamp duty: – 0.75%

Registration fee: – 0.75%.

Thank you for reading.

Source: landsbureau.lagosstate.gov.ng