𝗪𝗛𝗔𝗧 ARE 𝗛𝗜𝗗𝗗𝗘𝗡 𝗖𝗛𝗔𝗥𝗚𝗘𝗦 ? BY DR. ADESINA MOBARAK .

 

There is nothing like hidden charges as used by prospects. It is called STATUTORY FEES and these fees are customary when land us purchased.

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DEED OF ASSIGNMENT FEE  For transfer ownership from estate developer to subscribers

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SURVEY FEE: This is use for mapping out the portion of land paid for. This goes to the Govt and it's fixed for different locations. Ibeju Lekki is 500k while Eti Osa is N1m per per 1000sqm but most companies collect 250-350k for Ibeju Lekki & 800k for Eti Osa. 

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DEVELOPMENT FEES: This fee is meant for development of  infrastructure within the estate.

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STATUTORY FEES: Are not hidden as they are clearly stated in the forms and FAQ/Terms & Conditions of your client interested property

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Take a look at this👇👇

When you buy land directly from Omonile/indigenous land owners, you pay for survey, engage the service of a lawyer to draft an agreement, you pay omonile fees (which is unpredictable, owo  foundation, owo decking,  owo roofing, owo fencing and even bore hole and Youth will still come over to collect money, which can range from 200k to N3m total package.

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Also before you can get electricity you have to pay money to the CDA to connect light into your house, you will do your drainage and also buy an SUV to ply the road to your house because there is no good street roads.

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And sometimes if you do not develop your land under six months Omonile can sell your land to someone else and relocate you to the next available swamp. 

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WHAT STATUTORY FEE WILL DO FOR YOU :

👉🏿 Saved you from the stress of Omonile Wahala and unnecessary fees like owo foundation, owo decking, owo roofing, owo fencing, owo bore hole and owo youths.

👉🏿 You get an Interlocked street and well layout estate.

👉🏿Good Drainage system

👉🏿 Electricity & Street lighting 

👉🏿 Secure gatehouse and perimeter fence.

 👉🏿 Save you excessive documentation fee. 

👉🏿 You get your land survey done at a discounted fee.

So in short, statutory fees helps reduce a lot of stress and unnecessary burdens off your shoulder.

Thanks for reading...Should you need further explanation or enquiries about this or any other real estate related issues, feel free to call us on +2348066143574 or click to chat here https://bit.ly/MemoriesPremierProperties

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