How To Check A Property Title In Nigeria: Everything You Need To Know
How To Check A Property Title In Nigeria: Everything You Need To Know
Finding a place to live in Nigeria is not an easy task. When you have found one, it's important that you check the property title for any issues before committing to anything. In this article, we will explain what a property title is and how you can check it yourself without having to hire someone else. We'll also tell you some of the common problems people might find when checking their own titles so if something goes wrong with your new home, at least now you'll know why!
Let’s face it: Finding a place to live in Nigeria isn’t always easy - but once you do, make sure that everything is valid by checking the property title before moving in! This article will explain what a property title actually
What is a property title?
A property title is just like a document which records all the ownership rights of a piece of property that has been passed on from one person to the next.
Why is it important to check your title?
You have to know what you’re getting into when you buy property - and if you don’t, you could be in for some surprises later on! Check out these tips on how to avoid buying a property you’re going to regret:
1. Get it recorded
The first step to checking your title is to get it recorded in the local registrar’s office. The process to do this varies from region to region, but you can usually register your new house with the registrar of deeds office for a fee.
How to check your property title in Nigeria
The easiest way to check the property title in Nigeria is to call a title insurance agent. These professionals can confirm the property title, or make any corrections they think are needed to bring the title up to date.
The main points you need to be aware of when it comes to title insurance are:
The law required property owners to provide for title insurance in the 19th century, which has now been made mandatory. Title insurance will help to protect the buyer from any surprises, whether that be in regard to a court case or a land title issue.
Title insurance will help to protect the buyer from any surprises, whether that be in regard to a court case or a land title issue.
Why you would want to check your property title
Getting a landlord or landlord looking after you as well as helping you is one thing, but if the place you are renting doesn’t have the right ownership certificate, it could be a problem and damage your credit score, property value and it might be illegal. If you want to make sure everything is ok with your new home, it’s important to check the property title.
Property titles are a legal document that shows ownership and ownership rights. They are usually issued by the registry office. It’s a legal document which will give you rights to use the property. It will also be a vital piece of evidence in the case of a dispute or a lawsuit. As such, it’s best to check your property title before you move in so that you know what you are going to be paying for in the long term.
The risks of not checking your property title
As you may have guessed, finding a property in Nigeria isn't a walk in the park. But there are a lot of risks involved with purchasing property, so it’s easy to forget about the title! It can be something as simple as a no-sales deed or not being able to prove who owns a property.
It’s also very easy to forget the risks involved if you don’t know what to look for. That's why it’s very important that you check the property title for any issues, as we'll tell you in this article.
What is a property title and how do you check one?
A property title is an official piece of paper which identifies the owner of a piece of property. It’s like the title for your home, only this one actually has legal weight! You can read more about it on the first page of this article. You can also check it here.
Conclusion
If you’ve read all of this, we’d love to hear from you! Feel free to leave us a comment below and let us know what you think. If there is anything you want us to look into, let us know in the comments so we can make the next issue we tackle just that little bit more informative! Don't forget to let us know if there is a topic you think we should cover or just some general comments about what you have read so far!