MEMORIES PREMIER PROPERTIES

About 2 years ago (2019), if you had ₦360, you could buy $1. Simultaneously, 6 years ago (2015), ₦200 could buy you $1. But today, that same ₦360 can only get you $0.75 and that same ₦200 can only get you $0.41.  This means that there is a significant loss on the value of your savings in naira by 25% and 60% respectively. Another factor is Inflation. Why this factor is very worrisome is because, apart from the impact of devaluation, the local currency has lost its purchasing power quite significantly. Imagine today, a dollar approximately ₦580. So, the question is this, how do you build a portfolio that helps you maintain the value of your investments and dodge the devaluation and inflation bullet the economy keeps firing at us? There are five ways to do this and I am going to tell you: 1. EQUITY/STOCK INVESTMENT: As an avid investor who wants to protect his/her investment and protect your finances, you should start asking about equity. You want to know how you can get your hands o...

 7 𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐥𝐚𝐧𝐝 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐲𝐨𝐮 𝐦𝐮𝐬𝐭 𝐤𝐧𝐨𝐰 𝐛𝐞𝐟𝐨𝐫𝐞 𝐛𝐮𝐲𝐢𝐧𝐠 𝐚 𝐥𝐚𝐧𝐝 𝐢𝐧 𝐍𝐢𝐠𝐞𝐫𝐢𝐚. It is imperative that any individual who intends to purchase landed property must know and understand the types of documentation that governs land transactions.  It is a pity that only about 12% of land purchasers know and comprehend what land documents truly mean and the reason which they serve.  One of the most significant methods for making a claim for land ownership as well as in any landed properties’ exchanges is by having title documents that are important and recognized by different government rules and laws on such landed properties.  The introduction of any of these title documents will help make the claim of ownership or transaction become legitimate after confirmation from the fitting government offices accountable for all landed properties’ issues in Nigeria. There are 7 Basic title documents relevant to landed property ow...

A Survey plan is not a title to land; it is only a document that is needed to give accurate measurement and description of the land. The survey plan is usually needed to draft a Deed of Assignment which is the document that transfers title to land. In the case of OKORIE v. UNAKALAMBA & ANOR (2013) LPELR-22508(CA), the court held that it is not bound to accept the evidence of a surveyor on boundaries and description if it is sufficient that the parties know the land, see - Yusuff vs. Keinsi (2005) 13 NWLR (PT. 943) 554 CA. It was also decided that "a Survey Plan is not necessary and can be dispensed with where the parties are ad idem on the land in dispute". See C.G.C. (NIG) Ltd vs. Baba (2004) 10 NWLR (PT. 882) 658 In conclusion, "It has long been established by the Supreme Court in the celebrated case of D. O. Idundun & Ors. v. Daniel Okumagba & Ors. (1976) 9-10 SC 227 at Pp. 246-250 that there are five ways of proving title to land. These are: 1. By tradi...

Do you know the condition of real estate is different in every situation. To protect yourself when making such a substantial investment, it is important to have a thorough inspection by a trained professional. Make your offer to purchase property contingent on a satisfactory home inspection, and you will avoid investing in a #money pit.   What exactly is considered satisfactory ?  Any home containing wood should have a pest inspection, where the inspector looks for evidence of damage caused by termites, mice, ants or other pests.  This inspection is separate from that done by the home inspector. Your home inspector should focus on every mechanical and structural aspect of the property.  They will look for substantial cracks in the foundation, levelness of the structure, and moisture in the basement.   Water penetration is evident when there is mold, mildew or efflorescence - a white powder that shows where water has penetrated.   High tech in...

 What is Real Estate ? Real estate is the land along with any permanent improvements attached to the land, whether natural or man-made- including trees, water, minerals, Buildings, homes, fences and bridges. Real estate is a form of what is known as 𝐑𝐄𝐀𝐋 𝐏𝐑𝐎𝐏𝐄𝐑𝐓𝐘 and differs from personal property which are not attached to the ground such as vehicles, boats, furniture and farm equipment. Distinctions Between Land, Real Estate and Real Property. 𝐋𝐚𝐧𝐝 - This refers to the earth's surface down to the center of the earth and upward to the airspace above, including the trees, minerals and water. 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 - This is the land, plus any permanent man-made additions such as houses and other Buildings. 𝐑𝐞𝐚𝐥 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 - This is defined as the interests, benefits, and rights inherent in the ownership of real estate. Real Property is everything included in real estate, plus the rights of ownership, including the right to possess, sell, lease, and en...

Do you know what a Certificate of Occupancy is or why it is deemed the most important document to a land owner or property buyer in Nigeria?  A Certificate of Occupancy, also known as the C of O is a document issued by state governments in Nigeria to landowners and property buyers as a legitimate proof of ownership. This document also spells out what the land can be used for; residential, commercial or mixed development. The government is constitutionally mandated to issue the Certificate of Occupancy because all lands in the state are vested in the Governor of the State. This is clearly spelt out in the Land Use Act 1978. But why is it so important ?  A parcel of land or property without a Certificate of Occupancy is as good as owning a vehicle without a logbook. This is not the kind of situation you want to find yourself as a landowner or property owner in Nigeria. In this article, we will shed light on everything you need to know about the Certificate of Occupancy (C of O) ...

  There is nothing like hidden charges as used by prospects. It is called STATUTORY FEES and these fees are customary when land us purchased. . . DEED OF ASSIGNMENT FEE  For transfer ownership from estate developer to subscribers  .  .  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.  . . DEVELOPMENT FEES: This fee is meant for development of  infrastructure within the estate. . . STATUTORY FEES: Are not hidden as they are clearly stated in the forms and FAQ/Terms & Conditions of your client interested property . . 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  founda...

  𝗧𝗵𝗲 𝗲𝘅𝗮𝗰𝘁 𝗿𝗲𝗮𝘀𝗼𝗻 𝘄𝗵𝘆 𝘆𝗼𝘂 𝗻𝗲𝗲𝗱 𝗺𝗲 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗟𝗶𝗳𝗲  First of all, I am a Real Estate consultant and with over 12 years of Rigourous training and field experience. I AM NOT that Baba Agent in a shop on your street! 🙄 Having made that clear, let me tell you 3 reasons why you should Hire me.  If you are getting ready to buy a house or land, you might be thinking if to work with an Agent, or if you should just go ahead and buy it yourself because you're Smart.    Well, News Flash ! 👉There is no DIY or 'How To buy properties on your own' videos on YouTube. Even Google recommends me.  This is why you should work with me; 👉🏼 I have extensive market knowledge and I can offer expert advice. I can help you find your dream property with investment potentials and help you through the negotiations.  That means, I have the ability to spot problems you may not be able to see, and save you from wasting your hard earned money. ...

  A survey plan must contain the following information; 1.  The name of  the owner of  the land  surveyed boldly written at the top head.  It  could  be a Family,  a  Community or even the  Government. 2. The Address or description of the land surveyed. 3. The  size  of  the  land  surveyed. 4. The  drawnout  portion of the  land  surveyed which is mapped out on the survey plans document. 5. The  beacon numbers showing  the  boundaries of the property. 6. The name and office address of the surveyor who drew up the  survey  plan  and  the  date  it  was drawn up and the plan number. 7. A stamp  showing  the  land  is either  free  from  Government acquisition  or  not. When this informations are present in a survey plan,  it  can  now  be  said  to be a R...

  WHY REAL ESTATE ? When you buy Real Estate (lands, houses), consciously or unconsciously, you are doing these five (5) things: 1. 𝙎𝙚𝙘𝙪𝙧𝙞𝙩𝙮: you are securing not only your future, but also your children's and your children's children. 2. 𝘼𝙘𝙘𝙤𝙢𝙢𝙤𝙙𝙖𝙩𝙞𝙤𝙣: you are gradually tending towards providing a shelter over your head, a place you can truly call your HOME. 3. 𝙍𝙚𝙣𝙩𝙖𝙡 𝙄𝙣𝙘𝙤𝙢𝙚: If you would love to retire to a #passive Income, just begin to invest in Real Estate from 𝗻𝗼𝘄 ! Because real estate (lands, buildings especially) guarantees you that (Passive Income–Income earned without engaging in any active economic activit(ies); income earned from something other than working). 4. 𝙋𝙚𝙖𝙘𝙚 𝙤𝙛 𝙢𝙞𝙣𝙙: the question of or the worries about "the year is coming to an end, landlord is coming would no longer be your case. 5. 𝙄𝙣𝙝𝙚𝙧𝙞𝙩𝙖𝙣𝙘𝙚: some people will continue to be remembered, prayed for, and blessed by their great grandch...