LAND LAW : PROTECTING YOUR INVESTMENT
IN LANDED PROPERTIES IN NIGERIA | ||
1.
|
Legal Protection of
Your Landed
Properties
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Investing your hard earned money in a land or landed property without legal protection is holding a time bomb in your hand.
Legal protection of your property is to have all the necessary legal documents that, guarantees and protects your right to exclusive ownership and enjoyment of your property.
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2.
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Means of
Acquisition of
land and the
Necessary
Legal Documents
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3.
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Due Diligence -
Verification of Status
of Land
|
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4.
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Statutory and Regulatory Requirements
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5.
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Methods of
Proving
Ownership
Of Land
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The court will presume ownership of land in favour of the Claimant who provides:
In the case of Idundun v. Okumagba (1976) 1 9-10 SC 227 , the Supreme Court laid down what today has become the five methods, means or ways of proving or establishing ownership to land above.
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Legal Remedies for Threat to Right of Ownership or Enjoyment of Land
| ||
1.
|
Sue for
Trespass to
Land
|
Where another without lawful justification or without your invitation or permission:
(a)enters upon your land, or
(b) remains upon your land, or
(c) directly places or projects any material objects upon your land.
You can sue for trespass to your land.
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2.
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Sue for
Recovery of
Possession
of Land
|
A person who has been in exclusive possession of land but was wrongly dispossessed is entitled to sue for recovery of possession.In Nigeria, a right of action for recovery of land is extinguished twelve years after the date on which the cause of action accrued.
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3.
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Declaration of
Title to Land
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Where there is a conflict in claim of ownership of a land, the Claimant with proof of title can sue for declaration of title i.e. for the court to pronounce the person who has proved his title to the land as the one with the exclusive right to the land.
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4.
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Nominal Damages
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Money claimed by or ordered to be paid to a person as compensation for trespassing on the claimant’s land or infringing on the claimant’s right of ownership.
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5.
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Special
Damages
|
Compensation for financial loss suffered as a result of trespass.
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6.
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Specific Performance
|
The court may order or compel the party who breached contract of sale of land to perform the contract by making a decree of specific performance.
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7.
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Injunction
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Perpetual injunction restraining the trespasser from further trespassing on the land
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8.
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Compensation
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You are entitled to claim for compensation for the compulsory acquisition by the Government of a land covered by a Certificate of Occupancy.
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9.
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Will
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If you are bothered about the fate of your landed property in case of death, contact a lawyer to prepare you a Will.
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Limitation
Period
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By virtue of the Limitation Law and Act, a right of action for recovery of land is extinguished twelve years after the date on which the cause of action accrued. S. 16 (2) (A), 17 & 21 of the Limitation Law CAP. L67 Laws of Lagos State.
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Friday, February 19, 2016
LAND LAW: PROTECTING YOUR INVESTMENT IN LANDED PROPERTIES IN NIGERIA
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