HIDDEN CHARGES - WHAT YOU SHOULD KNOW ABOUT STATUTORY/HIDDEN CHARGES TODAY. @MEMORIESPREMIERPROPERTIES

𝗘xclusive to 𝗵𝗲the 𝗟𝗮𝗻𝗱 𝗳𝗲𝗲 -

The other charges are actually called statutory fees (some call it hidden charges but there is nothing hidden about it🤣)  and these fees are 𝐜𝐮𝐬𝐭𝐨𝐦𝐚𝐫𝐲 when land is purchased.

I will untagle it here;

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𝗗𝗘𝗘𝗗  (Deed of Assignment or Deed of Agreement) which transfer ownership of the portion of land to the buyer is drafted and worked on by lawyers, normally they charge 10% or more has their charges but as you can see, that's already been subsidized by our company.

𝗦𝗨𝗥𝗩𝗘𝗬 which maps out the portion of land paid for. This payment also goes to the Govt. has it's  been processed in the Surveyors General office or land ministries,  it's price is fixed for different local governments and locations but in our own benevolence we also give out discounts on this.

𝗗𝗘𝗩𝗘𝗟𝗢𝗣𝗠𝗘𝗡𝗧 𝗙𝗘𝗘𝗦 which is meant for provision  of infrastructures in the estate such as drainage system, road network, sewage system, recreation area, water, electricity, etc as government do not develop estates but it's inhabitants, and with this we introduce team work policy which drastically beats down the price due to power of leverage.

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𝘽𝙚𝙛𝙤𝙧𝙚 𝙩𝙝𝙚 𝙖𝙙𝙫𝙚𝙣𝙩 𝙤𝙛 𝙀𝙨𝙩𝙖𝙩𝙚 𝘿𝙚𝙫𝙚𝙡𝙤𝙥𝙚𝙧𝙨, 𝙖𝙛𝙩𝙚𝙧 𝙥𝙖𝙮𝙢𝙚𝙣𝙩 𝙤𝙛 𝙡𝙖𝙣𝙙, 𝙩𝙝𝙚  𝙡𝙖𝙣𝙙 𝙗𝙪𝙮𝙚𝙧𝙨 𝙙𝙤 𝙨𝙪𝙧𝙫𝙚𝙮,  𝙩𝙝𝙚𝙮 𝙥𝙖𝙮 𝙤𝙢𝙤𝙣𝙞𝙡𝙚 𝙛𝙚𝙚𝙨 ( 𝙬𝙝𝙞𝙘𝙝 𝙞𝙨 𝙪𝙣𝙥𝙧𝙚𝙙𝙞𝙘𝙩𝙖𝙗𝙡𝙚, 𝙤𝙬𝙤  𝙛𝙤𝙪𝙣𝙙𝙖𝙩𝙞𝙤𝙣, 𝙙𝙚𝙘𝙠𝙞𝙣𝙜, 𝙧𝙤𝙤𝙛𝙞𝙣𝙜, 𝙛𝙚𝙣𝙘𝙞𝙣𝙜 𝙖𝙣𝙙 𝙚𝙫𝙚𝙣 𝙗𝙤𝙧𝙚 𝙝𝙤𝙡𝙚 𝙖𝙣𝙙 𝙮𝙤𝙪𝙩𝙝 𝙬𝙞𝙡𝙡 𝙨𝙩𝙞𝙡𝙡 𝙘𝙤𝙢𝙚 𝙤𝙫𝙚𝙧 𝙩𝙤 𝙘𝙤𝙡𝙡𝙚𝙘𝙩 𝙢𝙤𝙣𝙚𝙮, 𝙬𝙝𝙞𝙘𝙝 𝙘𝙖𝙣 𝙧𝙖𝙣𝙜𝙚 𝙛𝙧𝙤𝙢 200𝙠 𝙩𝙤 3𝙢 𝙩𝙤𝙩𝙖𝙡 𝙥𝙖𝙘𝙠𝙖𝙜𝙚, 𝙖𝙡𝙨𝙤 𝙤𝙬𝙤 𝙖𝙛𝙞𝙣𝙠𝙤𝙣 𝙖𝙨 𝙮𝙤𝙪𝙧𝙗𝙖'𝙨 𝙘𝙖𝙡𝙡 𝙞𝙩 (𝙡𝙖𝙣𝙙 𝙘𝙤𝙢𝙢𝙞𝙨𝙨𝙞𝙤𝙣𝙨 𝙢𝙤𝙣𝙚𝙮 𝙬𝙝𝙚𝙣 𝙮𝙤𝙪 𝙗𝙪𝙮 𝙛𝙧𝙤𝙢 𝙖𝙣𝙤𝙩𝙝𝙚𝙧 𝙥𝙚𝙧𝙨𝙤𝙣 𝙬𝙝𝙤 𝙗𝙤𝙪𝙜𝙝𝙩 𝙛𝙧𝙤𝙢 𝙩𝙝𝙚 𝙛𝙖𝙢𝙞𝙡𝙮) 𝙖𝙣𝙙 𝙚𝙫𝙚𝙧𝙮 𝙮𝙚𝙖𝙧 𝙮𝙤𝙪 𝙬𝙞𝙡𝙡 𝙜𝙞𝙫𝙚 𝙩𝙝𝙚𝙢 𝙢𝙤𝙣𝙚𝙮 𝙤𝙧 𝙜𝙞𝙛𝙩 𝙖𝙨 𝙖𝙥𝙥𝙧𝙚𝙘𝙞𝙖𝙩𝙞𝙤𝙣 𝙛𝙤𝙧 𝙜𝙧𝙤𝙪𝙣𝙙 𝙧𝙚𝙣𝙩 ) 𝙖𝙛𝙩𝙚𝙧 𝙬𝙝𝙞𝙘𝙝 𝙩𝙝𝙚 𝙘𝙪𝙨𝙩𝙤𝙢𝙚𝙧 𝙬𝙞𝙡𝙡 𝙨𝙩𝙞𝙡𝙡 𝙥𝙖𝙮 𝙖𝙧𝙘𝙝𝙞𝙩𝙚𝙘𝙩 𝙛𝙤𝙧 𝙖𝙧𝙘𝙝𝙞𝙩𝙚𝙘𝙩𝙪𝙧𝙖𝙡 𝙙𝙧𝙖𝙬𝙞𝙣𝙜 (100𝙠 𝙩𝙤 350𝙠) 𝙖𝙣𝙙 𝙨𝙩𝙞𝙡𝙡 𝙜𝙚𝙩 𝙗𝙪𝙞𝙡𝙙𝙞𝙣𝙜 𝙖𝙥𝙥𝙧𝙤𝙫𝙖𝙡 𝙛𝙧𝙤𝙢 𝙩𝙤𝙬𝙣 𝙥𝙡𝙖𝙣𝙣𝙞𝙣𝙜.

Also will pay over a 50k to 500k+ to draw light as they call it, to CDA for electricity depending on location

Yet, still have to do front drainage of his house himself which will cost him over 150k to 200k, and still buy an SUV🤣 called jeep in other to drive into his house because there is no good street roads.

...And also sometimes if the buyer don't develop under six months or more, Omonile can sell the land to someone else and take the buyer to a swap or otherwise.

You will agree with me that an estate development firm that ask you to pay for development fee and documentation fees so you can get everything done for you have actually reduced your cost effectively, eliminate stress for you and ultimately help save you time which is a limited resource.

Yours is just to go and sleep....

Now that you know, I have a question for you;

𝗜𝘀 𝗶𝘁 𝘄𝗼𝗿𝘁𝗵 𝗶𝘁 𝘁𝗼 𝗯𝘂𝘆 𝗱𝗶𝗿𝗲𝗰𝘁𝗹𝘆 𝗳𝗿𝗼𝗺 𝗢𝗺𝗼𝗻𝗶𝗹𝗲 𝗼𝗿  𝗥𝗲𝗮𝗹 𝗘𝘀𝘁𝗮𝘁𝗲𝘀 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗲𝗿𝘀 ?

Thank you for your time and attention.

I remain your most preffered Real estate consultant, DR. ADESINA MOBARAK (The No. 1 Real Estate Doctor) Making Happy Landlords.

I can be easily reached via these platforms for more engagements :

P: +2348066143574
E: askus@memoproperties.com
W: www.memoproperties.com
S:@memoriespremierproperties

Stay safe !

#Memoriespremierproperties #lagos #TheRealtorExtraordinaire #TheRealEstateUntagler #statutoryfee #hiddencharges #realestatetips  #eleko #buyland