LAND BANKING

HEARD OF LAND BANKING?

The name implies almost exactly what it is. Land banking is the practice of aggregating parcels of land for future sale or development. Rather than putting cash into a savings account (where it will earn a maximum of 1% interest every year) or the stock market (which has become increasingly and negatively unpredictable in recent times), some entrepreneurs have taken an alternative approach by acquiring LAND and in doing so, they have chosen to invest their cash in a tangible, fixed asset – one that cannot be broken, stolen or destroyed.

Vacant land gets ignored by most new investors because, let's be honest – it just doesn't sound that exciting. Unfortunately, this causes most people to overlook a lot of the advantages that land has over traditional real estate investments (e.g. – houses, apartment buildings, commercial properties, etc.). Unlike most residential and commercial buildings, land costs virtually nothing to own… no utility payments, no tenant problems, no termite infestations, no leaky faucets, no broken toilets, no mortgage payments; yet you wake up some day and your seed-money has grown very big (in terms of returns).

Think about it… you can buy a piece of vacant land today, walk away from it for 10 years and when you come back, nothing will have changed, except its appreciated value. Can you think of a safer investment? One in a location that has all-speculation growth potential? SEE THIS

And think about the economics of land... this is a resource with a supply that is always going down (after all, they aren't making any more of it) and a demand that is constantly on the rise. Given the value proposition that comes with owning land, I often find myself scratching my head and wondering, “Why aren't more investors involved in this??”

Safe and affordable lands, houses and other real estate investment options available upon request.

FOR MORE DETAILS PLEASE CONTACT US NOW.

WhatsApp /Text message/call +2348183567878 (24/7 Service).

LAGOS GOVT RAISES SURVEY PLAN FEE

The Lagos State government has disclosed that
effective 1st of April, 2017, Survey plan fee for
Lagos State will be increased by about two hundred percent. The government however said the new price
is not uniform as some highbrow areas will
attract higher fee while places more suitable for
the low income earners will be valued at lesser
fee.

Accordingly, in places like Ikorodu, Epe, Badagry
Ojo and Ajeromi Ifelodun local governments where
Survey fee is currently N120,000, N350,000 will
be the new fee. Lagos Island, Etiosa, Ikeja and Apapa, which are
presently set at N300,000 will be N1 million.
Somolu, Alimoso, Mushin, Agege, Ibeju Lekki,
Kosofe, Lagos mainland, Amuwo Odofin Local
Government which are all N180,000 will be
increased to N650,000. It is advised to do Survey
plan for any of your real properties before the price hike takes effect. SEE

SURVEY FEE DETERMINES THE PRICING OF LANDS

The reason why I worked on this general public information, and more importantly, for my clients and prospective ones, is not so much as the price of the Survey plan that will increase by almost times three, but basically because of its attendant influence to increase the cost of land itself by many more times than that. I know this simply because I'm currently working on Survey sponsorship deals and I understand this is what is going to happen. 

Therefore, this is a call on all wise ones intending to invest in real estate (especially in Lagos) not to delay any further but take full advantage of this privilege information. Real estate remains the most profitable investment of all times, the world over. It is only the price of Survey plan that has increased. Hurry before prices of land follow suit. Don't be like those who doubted and delayed till they missed the rich haven, Lekki Phase 1 (now selling for tens and hundreds of millions of Naira). Ibeju-Lekki is much bigger and is everyone's haven for now, with all its evolving landmarks, like no other in any part of Nigeria today. Invest in it and hold your part before 'the rich' take it all.

Our popular parlance says, "Do not wait to invest in real estate. Invest NOW in real estate and wait!"

Many offers affordable for everyone still available in Nigeria's Big Apple, Ibeju-Lekki, Lagos. Call and let us work it out together. Reach us on 08183567878 and/or korpproperties@gmail.com

JOIN DANGOTE TO INVEST IN IBEJU-LEKKI NOW

Ibeju-Lekki is where you have the Lekki Free Trade Zone, Lekki Deep Seaport, Dangote Refinery and Petrochemical Industry, Dangote Fertilizer Plant, International (Cargo) Airport, Lekki International Golf Course, Pan Atlantic University, Eleganza Industries and so on. That is why it is touted as the ideal investment destination for property investors. The beauty of investing in the axis is that land prices can start from as low as N500,000 so like Dangote, almost everybody can invest!  Now,where exactly is Ibeju-Lekki?


To answer this question, we will explain Ibeju-Lekki under three broad locations with regard to the ongoing key projects there. These include the Free Trade Zone axis; the Elerangbe axis, and the Lekki-Epe Expressway axis (see various maps on the different sections).


1. FREE TRADE ZONE AXIS


_This is the most commercial of the three locations and stretches from Eleko Beach Road through the Free Trade Zone Road to La Campagne Tropicana Resort and beyond. It hosts the Free Trade Zone, Lekki Deed Seaport, Dangote Refinery and Petrochemical Industry, Dangote Fertilizer Plant and other businesses. The Lekki Free Zone is designed to be a satellite city to Lagos with dynamic commerce, trade and modern industrial sectors with an eco-city for residents.

The Master Plan covers a total area of about 30 square kilometres with 27 square kilometres for urban construction purposes. This will accommodate a total resident population of 120,000.

The zone is divided into four phases. The first phase, which is under construction will feature the Central Business District, residential areas, industrial parks, logistics and warehouses and will be fully ready in 10 to 12 years’ time.

The Free Trade Zone Axis, today, can be described as a developing area with a major tarred road and few functioning industries. Viewing it from a property investment perspective, we would limit the area to the Eleko Beach Road through the Free Trade Zone Road to La Campagne Tropicana Resort.  But this description is extremely limited because this axis is the proposed site for many major commercial and industrial businesses. The Free Trade Zone, Lekki Deep Seaport, Dangote Refinery and Petrochemical Industry and  Dangote Fertilizer Plant are some of the identified public and private concerns that will berth here.

Opposite the Free Trade Zone Phase 1 is the Lekki Deep Seaport designed to handle about 6 million Twenty-foot Equivalent Units (TEUs) of containers and create an estimated 169, 000 jobs directly and indirectly. Work is in progress here, and the projection is that it may be in operation in 2019.

About 4 minutes’ drive from the Free Trade Zone is the Dangote Refinery and Petrochemical Industry. This is an on - going $14 billion project by Dangote Group, which will have the capacity to refine 650,000 barrels of crude oil per day when completed in the coming years. Apart from petrol, other petrochemical products such as polyethylene and polypropylene will be produced here. This may be the plant where up to 90% of Nigeria’s petrol will be produced. To underline its importance, the Central Bank Governor, Mr Godwin Emefiele, visited the site and promised to support the forex needs of the project. “We are doing this to fasttrack the importation of equipment you need for a speedy completion of that project and to encourage other Nigerians to follow your lead,”

Another 4 minutes’ drive from the refinery is the Fertilizer Plant, while another 15 kilometers from the plant is located the La Campagne Tropicana Beach Resort.

With such large commercial concerns in the offing, the consensus among real estate practitioners is that property in the axis will enjoy high capital appreciation as a knock on effect of the investments. Accordingly, land in this axis is significantly more expensive than in Elerangbe.


2. THE ELERANGBE AXIS

This is where you find the cheapest plots of land in Ibeju-Lekki presently, and is mostly a residential location. This axis comprises of places like Okego Village, Tagbati all the way to Arapagi. Elerangbe is off Lekki-Epe Expressway to the left, after Eleko Junction. The key infrastructure expected to open up this location is the proposed 4th Mainland Bridge and the Lekki International Airport.


Where is Elerangbe? Elerangbe is located off Lekki-Epe Expressway, to the left, immediately after Pan Atlantic University and about 18 minutes’ drive from Abijo Bus Stop. It comprises of places like Okego Village, Tagbati all the way to Arapagi.


What Makes the Area Attractive?


Elerangbe offers the cheapest plots of land in Ibeju-lekki at present with portions selling for as low as N500,000 in some areas. Although this axis looks_ relatively undeveloped, the many proposed key developmental projects coming will open it up to rapid development. This is responsible for the growing interest by property investors. Some of the projects include:

The Lekki International Airport: The proposed Lekki International Airport is a $450million project located off Lekki-Epe Expressway towards Epe. It is about 4 minutes’ drive from Elerangbe. The Airport is planned to cover 3,000 hectares of land.

4th Mainland Bridge: when completed in 2019 as promised by Governor Akinwunmi Ambode, the 37.9 kilometres 4th Mainland Bridge is principally meant to link Ikorodu and Ajah/Badore through the Elerangbe axis, traversing to North-West direction towards the Lagoon shoreline to Lagos-Ibadan Expressway. This is another reason Elerangbe is gradually becoming a choice location. The government said the construction of the bridge will start this year 2017. Read news HERE

With the bridge in place, it means that residents of Elerangbe will have easy access route to the Mainland as well as other Island locations.


Free Trade Zone: At present, it may be hard to establish the possibility of Elerangbe benefiting hugely from the much talked about Lekki Free Trade Zone considering that it would take 50 minutes to drive to the zone from Elerangbe. However, a direct link road between the two locations is being proposed. This will reduce the distance to about 15 minutes’ drive.


3. THE LEKKI –EPE EXPRESSWAY (IBEJU LEKKI AXIS)


Ibeju Lekki on the the Lekki-Epe Expressway axis starts from Abijo up  to Eleko Junction. This stretch of the expressway has a mixture of residential and commercial characteristics. The area already houses business ventures such as Eleganza Industries, Coscharis Motors head office and has a number of built up residential estates. Of the three locations, this is where one can buy, build and live conveniently at present. From Eleko Junction to Ajah is about 15 minutes’ drive.

To plug into investment opportunities in this region, you have to act fast. Remember that Lekki phase 1 and environs (now selling between N80m and N250m per plot of land) presented this kind of opportunity to smart investors some years ago.
THIS IS THE TIME TO MOULD THE DESTINY OF YOUR FAMILY'S FINANCIAL FUTURE WITH YOUR OWN BARE HANDS!

There are several options everyone can afford now. Just talk to us at KORP Properties today. Call 08183567878. You can also check our online shop by clicking HERE


Credit - Castle Magazine

REASONS WHY YOU MUST SAY YES TO REAL ESTATE CONSULTANCY BUSINESS OPPORTUNITY NOW (DO YOURSELF AMPLE GOOD BY READING THIS POST I PAINSTAKINGLY PREPARED FOR YOU TO THE END)

You don't have to ever let your wallet get empty again. It's not that hard to achieve, so long you put my epistle into action. It doesn't matter it's long so long it can set you up to making cool legit money.

We're already marching on in 2017. The euphoria of a new year is finally wearing off. 2016 was tough no doubt. This year, we're the ones to decide how we want it to be.
So, financially, what is your decision?
> Is it to look for a business to delve into? That's even if you have the capital to start one.
> Is it to search for a job, or sign up to more jobs?
> Is it to find solution to being short of constant income to execute your business plan?
> Is it to make good money from anywhere you are in the world?
> Is it to get extra income to support your bills? These days, everyone knows a single source of income is no longer enough
> ...???
Whatever it is, it's very achievable by working with us @ KORP Properties.

We're bringing information to you on how to achieve a level of financial independence by partnering with us in a business that is inflation-proof. You just have to say *Yes* to this Call to a Real Estate Consultancy Business opportunity for the following reasons:

√ it's the only multimillion naira business you can start with Zero capital. We'll teach you how through seminars, etc (A real estate tycoon once said, "Real estate is one of the large great bastions that permit *genuine entrepreneurship*)!

√ it's not a ponzi scheme, so no risk of crashing!

√ it's the only business you can make your annual salary with/in just a deal!

√ it's your easiest way to owning landed properties!

√ opportunity to travel the world and live your dream life, among other benefits!

√ opportunity to learn, work @ your own pace and convenience, and grow with an amazing team

√ can be done irrespective of your current level of engagement (whether you're already working, studying, or running some business), and can be done from anywhere in the world

√ another source of income, an answer to your residual bills, as well as an eye opener to real estate investment (you can even get your owb land at zero cost!)

√ It's a very sure way to a recession-free 2017

If your answer is a ready yes to this opportunity, then congratulations!

Let me register you for free in our real estate business.
Just send in the following:
1. Name (first, last & middle)
2. Phone no.
3. Address
4. Email address (functional)
5. Bank acc info (where your commission will be paid)
6. Date of birth
7. ID no: international passport, driver's license or national ID (if you don't have any of these, don't worry. Ignore)
8. Passport (soft copy - just snap a portrait picture of yourself and send).
You'll get instant notification once registration is successful.

To fully understand the how-to, I'll invite you to one of our weekly seminars. If not chanced, no problem. I'll be feeding you with info you need from time to time.
One thing is certain: I've been making money from it. You can, too, based on how you can talk to your connections home and abroad by introducing our real estate investment opportunities to them (Yes, you have them @ home, church, place of work, social groups, etc). You could be earning up to half a million monthly. At least, a number of people that are partnering with me are already making cool money, too. Below is just a proof.

Notice the dates (even today also), payer's name (Company), different amounts, etc - & these are the least commissions you can get when you work with us.
Fact is that our products are highly sellable as our lands are in the best location in Nigeria, today, in the axes of the Lekki Free Trade Zone, Dangote Refinery, Lekki Deep Seaport, new (island) International Airport, several popular beach resorts, etc. In essence, you'll be doing your prospective clients a lot of favour for which they'll appreciate you in a not-too-distant future when the property they invested in with few millions would be selling for tens of millions of Naira.
Don't think it's impossible, but ask me to guide you how to do it.

Have more enquiries? I'll be glad to attend to them. Kindly send a message via Whatsapp to 08183567878. If I take long to respond, pls call. I may be busy. Meanwhile, you can check out one of our most affordable properties HERE

...to your prosperity (starting) this year!

REASONS WHY YOU NEED TO KNOW ABOUT SURVEY PLANS

It's been a while. Thank you for checking out our posts. This time, at KORP Properties, we intend to expose why a Survey Plan search is one pertinent effort you have to make before you buy that land.

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 called Surveyors and they are regulated by the office of the Surveyor-General in the State. A Survey Plan should contain the following information:

• The name of the owner of the land surveyed
• The Address or description of the land surveyed
• The size of the land surveyed
• The drawn out portion of the land surveyed and mapped out on the survey plan document
• The beacon numbers
• The Surveyor who drew the Survey Plan and the date it was drawn up
• A stamp showing the land is either free from Government acquisition or not

A Sample copy of a Survey Plan and the features it should have before you carry out a search on that land

A Survey Plan, to me, is the most important document that you must ask the Omonile, Agent or Family that intends to sell the land/property to you TO PRODUCE. This document is what Omonile Lawyer will take to the Land Bureau to do a geographical search, or take our designated Registered Surveyor to the land to pick out the coordinates of the land to compare at at the Surveyor general’s office whether it is a good land or not.

No matter how cheap, beautiful or strategically located a land or property is, once that property has been discovered to be designated for Government use in future, there is no point going any further to purchase it. It will be a very foolish risk to attempt to defile the government and say, "Nothing will happen; at least there are so many houses around or so many people have bought their own and nothing has happened".

Well for those who are conversant with the Lagos State Government’s no-nonsense approach in maintaining the Master Plan of Lagos, once your property is within that area that has been designated for future Government use, no matter how long it may be, the plan must be carried out accordingly and your property will go down without any form of compensation because you failed to do the right thing by throwing caution to the wind. Examples include the 8-Lane Dual Carriage Way in Badagry where all the houses that were on the Right of Way were demolished, and all the houses in Alimosho Local Government that were near pipelines suffered the same fate as well as the ones in Idiroko, Ijegun, etc! In fact, remind me of the ones you know.

Also, it's even worse in Lekki-Ajah because there are some areas that have been specially acquired by the government for over 20 years and it’s just now that the government is trying to recover its lands. These areas are what are known as COMMITTED LANDS . Once an area has been designated as Committed, it is the ultimate no-go area to purchase a land. That’s where the government has committed projects such as Road expansions, estates or Government Reserved Areas for major developments.

As long as that Property is designated as Committed or Under Government Acquisition, it is only the Government of the day that can revoke it and grant you the right to obtain good title for that land bought under Acquisition; but if the government hasn’t given you the right to obtain a good title there, then those buying into those areas are buying at their own mega risk. Don’t for once look at the houses around there as your guide to mean the government cannot demolish those houses, you would be shocked that the owners have 4 or 5 houses and can do away with that one and poor people like you and I that have no mouth to fight government will just be rendered homeless because of our stubbornness to buy at all cost there.

Remember you know where the shoe pinches and how much you have in your pocket. This is end of 2016 and a period of recession. Plan to save more money than to throw it away foolishly. Winks.

The other option is that Government may choose not to demolish your house that is sited on a Committed land, but tell you to come and pay Ratification (the price of which may be several multiples of the amount you bought the land, and  Omonile or Agent you bought it from would be nowhere to be found, and if found, would not in this life time refund or assist you in any way). Ratification in this sense means you’re going to pay Government the full price and taxes it has pre-determined to be the cost of that place and it's non negotiable. So imagine you bought the land in 2005 for N2Million in a Committed area and in 2010, you now have to pay Ratification also known as “Rat” at the cost of N5Million to the Government. Does that make any financial sense to you? Absolutely not, if you have an acute financial intelligence! Imagine all the fears, rumours, prayers that you would be going through so that those caterpillars don’t come your way. 

A very bad Survey Plan that was terribly drawn up and the land is under government acquisition. Please shine your eyes before you become a victim of buying lands that are defective because you failed to carry out a thorough background survey land check.

Finally another advantage of the Survey Search is that if the land has been designated for Agricultural Purpose, you would know in advance. It’s mostly prevalent in Ikorodu, Badagry and Growing Rural Areas that are just cropping up. Buying into a place designated for Agric is a major no-no! Except you Want Your immediate neighbours to be Cows, Fisheries and probably Obasanjo’s Chicken farmers! Unless it has been designated for Residential or Mixed Development, avoid it please!

The summary is that the Survey Plan search saves you a lot of headache at first before you even move ahead. And once you meet an Omonile or Agent who is extremely difficult with you in terms of not providing the Survey Plan on demand for search, please my brothers and sisters, walk away quietly. The signs are already there for you to know you’re about to be scammed. A Survey Plan is a public document and not a private cheque book, so you shouldn’t be bamboozled by people who tell you that the owner doesn’t want to release it because of security reasons. Trust me, there is no reason. As long as he is ready to sell, that is the first thing you get from them to know the property's status before proceeding. I am not a Surveyor in any way and this information should only serve as a guide for intending land purchasers. You will be well advised to consult a Registered Land Surveyor to give you an insight into what they do and how they do it. I am only talking about the roles a Survey Plan plays as it relates to purchasing land in layman’s terms and why it is an extremely important document to have before, during and after you purchase a land.

GOOD NEWS

At KORP Properties, we bring to you tailor-made real estate products such that you need not bother about securing the services of more professionals. We save you lots of extra costs (except you choose to go the extra mile to spend more). We partner with proven real estate companies who have great legal, surveying, engineering, security and accounting teams that enable us bring you ready-made products at bespoke, affordable prices. There is an ongoing promo that almost everyone can afford with dry lands by a tarred road in the axis of the Lekki Free Trade Zone and Dangote Refinery going for only N600,000 now. Call 08183567878 for inspection or enquiries. See an example of our end-of-the-year offerings HERE

Credit - Omonile Lawyer

MAKE 250% RETURNS ON INVESTMENT (THIS IS BETTER THAN MMM)

The increasingly-trending Mavrodi Mondial Movement Nigeria (MMM-Nigeria) recently celebrated a year anniversary mid November and thousands of happy, uniformed participants turned out in droves to grace the occasion. Everybody sees the scheme as a blessing at this time of recession. Although, there is a conspicuous caveat just at the top of every participant's dashboard on the MMM website 'to only use spare money' as it is only an experimental scheme of a mutual help community, Nigerians have continued to 'invest' heavily in it. Some use their life savings while others borrow huge amounts of money, despite the fact that everyone understands the scheme's possibility of crashing. Hmmm! Trust my Naija people. Greed no go kill us. It is not only MMM that is trending. There are several of them but I chose it because lots of Nigerians have taken it as a means of investment. Just a month ago on 28th of October, I published a post on this platform titled 'MAKE 100% PROFIT ON INVESTMENT (THIS IS BETTER THAN MMM)'. Guess what? I am more than doubling that figure now! Are you raising your eyebrows? It's already proven. I will show you facts and figures. Just read on attentively.

I've met one of the greatest tycoons in real estate investments - Donald Trump - via his books. He offers invaluable information that we can all benefit from. The book I am focussing on now is titled The Best Real Estate Advice I Ever Received (100 top experts share their strategies). I am still learning a good lot from it and will gladly share some 3% of the insights with you. If you want more, contact me personally... Smiles.

1. Invest where the wealthy like to play: When you manage to do that, you have successfully changed your economic status. Your social networks has dramatically improved as you'll be robbing minds with the rich.
2. Buy the best (location): The best will always retain its value and appreciate at a faster rate. Personally, I know the best is the location that has the highest projection for returns on investment both in the near future and in the long run. I was at UBA Headquarters, CBD, Marina, Lagos, last week for a business meeting. There, a lady named Rebecca told us how a plot of land in Nicon Town Estate sold for N6million about 6 years ago and how a uncle of hers struggled to no avail to buy a plot there today for N200million as the value has appreciated beyond that. That amounted to a staggering 540% average annual appreciation, approximately. I submit to you boldly that another genuine investment that can guarantee you that in our very unstably volatile economy is very rare.
3. Invest in an area where growth is coming: According to William J. Boykin, who founded Boykin Lodging Company in the USA, the best real estate advice he received was "Always develop in an area where growth is coming. If you're a little early or wrong in some way, the growth will bail you out. If you develop where growth has been and growth is not continuing, when you are wrong, you are wrong forever." Hmmm... An example of such a location is an affordable one below.

I have been forerunning for those who will key into investing now and have their family's source of wealth traced to them from coming generations - it is a prophecy, or a forecast, if you so prefer to consider it. It is all about a clarion call to real estate investment in the new Lagos in Ibeju-Lekki. We should not make the mistake of letting the place develop before attempting to own a piece of the earth there, and we must not wait till foreign investors snatch most of the Lekki Free Trade Zone (LFTZ) axis. This is a location that has a very lucrative prospect such that a plot of land you buy there for N3m today can sell for N250m in 10years. Development here is projected to be faster than has ever been recorded in any major part of Lagos.
Listen to Dangote himself speak in the attached video at the bottom of this post after reading through. That should suffice in painting the picture to the smart you.

While planning for a presentation with a senior colleague last week, Tuesday, November 22, 2016, we analysed market trends in the LFTZ in the past 6 months (From May to November, 2016), working on sample real estate companies that major in that axis, as illustrated in the chart below. We discovered that within the period, landed property value has appreciated by about 250%. Even MMM only promises 180% in 6 months and does not guarantee a secure investment! Note the upward trend in the bar and line graphs. Actually, the upward trend is just starting. Never lose sight of the fact that the estimated real appreciation has not yet begun there. It will when, at least, a major project there, like the Dangote Refinery, is completed in 2018. Also remember the fact that the steady growth was recorded this year amidst a serious economic recession. Without much ado, I tell you that the future is already here if you can see it. Do not wait to invest there if you can strive to afford it now. It will be a costly mistake. Rather, invest there now and patiently wait. Then you can thank me later if you so wish.

There are several reasons why you need to invest in that axis. You just MUST not miss it. It is the best location in the country. Landmarks it features are: the new Lekki International Airport, the new Lekki Deep Seaport, the Lekki Free Trade Zone, Dangote Refinery, Dangote Estate, the biggest tourist Beach Resort in West Africa (La Campagne Tropicana), exquisite golf courses, 4th Mainland Bridge, Lagos Business School (LBS), The proposed Lekki Smart City project (a partnership with MoU already signed between Lagos State and Dubai Holdings company), proposed Catholic University, several well-structured and gated estates, and many more coming up. Just wait and watch your investment grow.

At KORP Properties, we bring you priceless real estate information as we help you project into the future. We partner with trustworthy real estate companies. Presently, we have full plots of land with clean Titles of C of O, Gazette, etc, in the Ibeju-Lekki axis ranging from N700,000 per plot to N4million and even higher, depending on location. We also deal in development of properties. As the festive period approaches, there are lots of promos ongoing. Call us to get them. To contact us for enquiries, to see available options, or for inspection, please click and fill the form HERE or directly call 08183567878.

If you like this information, go ahead and share with your friends and loved ones, especially those in the diaspora, like the US.  We do not know what the future holds for them. They can still easily invest back home, now.
I will appreciate your feedback. Kindly click on POST A COMMENT below to leave one.

GAZETTE: UNDERSTANDING LAND DOCUMENTS (PART 2)

We started sensitizing the public on this platform last week on land documents, specifically, the Gazette. This is a continuation of the episode.

A Gazette is an official record book where all special government details are spelt out and recorded. A Gazette will 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. It is within those excised acres or hectares that the traditional family is entitled to sell its lands to the public and not anything outside those hectares of land given or excised to them.

If they decide to sell anything outside the excised land, then that land is under acquisition by the government and it is a very bad land to buy.

Special Features of a Gazette include the following:
The first page of a Gazette must have the following unless it is a dubious or fake Gazette

• The Logo of the country and the inscription of the title of the state issuing it. For example, “LAGOS STATE OF NIGERIA OFFICIAL GAZETTE”.
• Underneath, it must have the Number, Volume, Page, Date and the Location it was signed into law e.g. No 26 in pages 200 to 291, Volume 87 dated 14th of August, 2011 and have the contents of the list of the Villages, Settlements and Parcels of land excised back to the community.

The Inner pages will show the following:

• The description of the Area or Village excised.
• The number of Acres or Hectares of land excised to the Village.
• Where the boundaries of the beacons start and stop.
• The page of the description of the Village excised.

A Gazette is a very powerful instrument the community owns and can replace a Certificate of Occupancy (C of O) to grant title to the Villagers. A community owning a gazette can only sell lands to buyers within those lands that have been excised to them and the community or family head of that land has the right to sign your documents for you if you purchase lands within those excised acres or hectares of land. If the government based on some reasons best known to them decides to revoke or acquire your land, you will be entitled to compensation as long as it’s within the Excised lands given to that community.

Don’t ever think you are smart and assume that the land is within a Gazette and go ahead to purchase it without seeking professional help. You may find yourself to blame. The best way to know whether a land is under Acquisition or has an Excision that has been covered by a Gazette is to get a Surveyor to chart the site and take it to the Surveyor General’s Office to do a land information confirm to know whether it falls within the gazette and spell out which particular location it can be found.

Also, don’t listen to a Village or community elder or any person who tries to convince you that the land they are selling is covered by a Gazette. In most situations than none, they are always lying because they don’t know and they haven’t sought professional help to know if that land is under Acquisition or not. Some of them are liars that know the land they are selling isn’t an Excised land but they still pretend it is, so as to sell you a defective land to abscond when the people from the Land Bureau approach you to demolish your house.

At KORP Properties, in partnetship with reputable real estate companies, we bring you information on verified estate schemes you can invest in and go to sleep with your two eyes closed for as long as is required. We offer you prime investment properties over which you do not need to worry about any additional professional engagements. For example, CLICK HERE. We have many other options, with instalment packages that you can afford. Just talk to us. Call 08183567878 & we'll gladly help.

We'll appreciate your feedback. Kindly drop your comment(s) in the dialogue box provided below.