5 Important Documents to Have After Full Payment of a Land in Lagos

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5 Important Documents to Have After Full Payment of a Land in Lagos

It is one thing to have landed property and it is another thing to get the document for the property you bought. Many property owners do not pay attention to the documents needed after they fully pay for their landed property.

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There are 5 important documents you should get or ask for when you have fully paid for your landed property in Lagos. The real estate company is supposed to give you this document. And if they didn’t give you please ask for it. It is your right to do so.

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5 Important Documents to Have After Full Payment of a Land in Lagos

  1. DULY SIGNED RECEIPT OF PURCHASE:

The evidence you have that you purchased a property is the receipt. Don’t just have the receipt but let the receipt be signed by the real estate company. Having a receipt is the number one proof that a property belongs to you.

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  1. CONTRACT OF SALES:

There is a need for an agreement between the buyer and the seller. This agreement should be done in a writing format. A contract of sale is a document that shows a transfer of ownership of a property. It is between the seller and the buyer.

  1. INVOICE:

An invoice contains all the transaction processes you did with the real estate company. If your transaction is on installment, then a record of all the transactions should be documented alongside the date and time the transaction was done.

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  1. COPY OF SURVEY PLAN:

A survey plan is a necessary document you need to have. The survey plan has the record of the plot size and other details including your name on it. So no other person can cross over your property because your survey carries your name and the boundary of your land.

  1. ALLOCATION LETTER:

This is a document that will be given to you during your allocation. The company you bought the land from will send you an email or message regarding the allocation. Allocations are done after full payment of your property.

In conclusion, if you are buying property in Lagos, Nigeria the above documents are necessary for you to have or request. If there is any other document to be received, the real estate company will alert you either through email or through your realtor.

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If you are looking for a trusted realtor to help you in buying property in Lagos and to help you with documentation, please send a direct message below.

For more information and inquiries about property investment and documentation in Lagos, please call or WhatsApp Peter at +234 901 509 4850 or click on the WhatsApp button on your screen.

Peter Oyedepo

Peter Oyedepo is an award-winning realtor in Lagos, Nigeria and the lead consultant of Sureland Realtors (RC 2004840). He helps people both in Nigerians and in the diaspora to invest in real estate for profit maximization.