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5 Basic Types of Land Titles In Nigeria

5 Basic Types of Land Titles In Nigeria

Understanding Types of Land Titles In Nigeria

land titles in nigeria

Today we want to discuss types of land titles in Nigeria

Gazette

is one of the land titles in Nigeria, it is an Official record book where all special government details are spelled out, detailed & recorded.

A

gazette

Is one of the land titles in Nigeria that shows 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 & not anything outside those hectares of land given or

excised

to them.

Question: Is excision as good as obtaining c of o?
Is a person having excision still mandated to obtain c of o?

Answer: After the land has been excised & Gazetted, then you can either process your C  of O or Governor consent.

Excision

Excison is one of the land titles in Nigeria and it does not expire while C of O expires after 99 years.
The only advantage CofO has over Excision as land titles in Nigeria is that it can be used as collateral for getting a loan in the bank

DEED OF CONVEYANCE

Deed of Conveyance or Registered Conveyance was the authentic types of land titles in Nigeria that show evidence of ownership until the 1978 Land use Act that introduced Certificate of Occupancy.

Deed of Conveyance is another land title, it is an old legal document used in transferring the interest of the owner of a landed property interest to the person to another to whom it is assigned, the assignee.
When ownership is transferred, the new legal document in use now is called the deed of assignment.

CERTIFICATE OF OCCUPANCY

A Certificate of Occupancy (C of O) issued by the Lagos State Government officially leased Lagos land to you, the applicant, for 99 yrs.
All lands belong to the Government.

 

*

GOVERNOR’S CONSENT

A governor’s consent can only be processed on land with either Gazette or an Existing Certificate of Occupancy (C of O).

Check Southern Gate Commercial with good titles

If a person with land with C of O decides to sell his land, the only documents that can give the new buyer or every other subsequent buyer the right of occupancy or ownership is a governor’s consent.
The powers of the Governor to consent to such transactions can be found in Section 22 of the Land Use Act of 1978 which states thus:

It shall not be lawful for the holder of a statutory right of occupancy granted by the governor to alienate his right of occupancy or any part thereof by assignment, mortgage, transfer of possession, sublease or otherwise howsoever without the consent of the Governor first had and obtained”

This simply means therefore that even when a buyer has secured land with a Certificate of Occupancy, he shouldn’t stop there.
He needs to begin the process of obtaining a Governor’s consent to make that purchase legal in the eyes of the government & be rest assured his land is safe.

DEED OF ASSIGNMENTS

Most people have the title documents to their cars intact & in safe places but fail to ask for the Deed of assignment to their properties which is several times more valuable than cars

A Deed of assignment is one of the transactional documents drawn up by a real estate attorney between the current title holder for a particular property & the new buyer.

In real property transactions, a deed of assignment is a legal document that transfers the interest of the owner of that interest to the person to whom it is assigned, the assignee.
When ownership is transferred, the deed of assignment shows the new legal owner of the property.

The deed contains very pertinent information for a real estate transaction. It spells out the date when the ownership of the property transfers from one owner to the other.
The deed also gives a specific description of the property that is included in the transfer of ownership.

Why Real Estate Investment In Nigeria?

It is very compulsory & mandatory for a Deed of Assignment document to be recorded at the appropriate land registry to show legal evidence as to the exchange of ownership in any land/landed property transaction in order to make the general public and government aware of such exchange or transaction.

Question: How long does it usually take on average for a land to be fully excised?

Answer:  Excision is given by the Governor of the state & there is no specific time for issuance of Excision. Sometimes, excision can be delay due to political reasons.

Once a CofO had been issued on a particular land, it takes 99 years before it can expire after which it can be renewed.
You can not process CofO on land that already has CofO. C of O is one the land titles in Nigeria beacuse of its value when it comes to lending money

CofO is CofO everywhere. When they said Global, it means the CofO in question covers a very large expanse of land.

Question: How long does it usually take on average for a land to be fully excised?

Answer:  Excision is given by the governor of the state and there is no specific time for issuance of Excision. Sometimes excision can be delay due to political reasons.

Question: Does this mean that “Lands has to at least be excised before it can be sold or transferred to someone else”?

Answer: You become the rightful owner of the land once the government released it to you via excision.

Though Governments recognize ancestral land ownership as excision is the right of the indigenous landowners
To know more about land titles in Nigeria, please feel free to direct enquiries to certified Surveyor, Town planning authorities, and Legal practitioners to this Regards.

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Nonso Bosah

Real Estate Consultant Property Investment Property Ownership Property Sales & Marketing Property Management

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