real estate scams in Nigeria 2021

7 Useful Tips to avoid a real estate scam in Nigeria (2021)

It is unwise to believe you can’t be tricked in a real estate deal while certain sellers and buyers are very trustworthy, there can be some deceptive sellers, agents or buyers. The truth is that the character of dishonesty is not written on anybody’s forehead instead many of these scammers are criminally inclined folks who are taking advantage of the scheme. Scams in Nigeria's real estate industry are...

Buying Land in Lagos

Things you should know before Buying Land in Lagos

How do you ascertain ownership of Land before payment? In the case of Elegushi vs Oseni (2005) 14 NWLR (PT 945) AT 348, the supreme court clearly stated the five types of legal land ownership in Nigeria. By Traditional evidence In the olden days, people found and settled on a parcel of land. They are regarded as the owner after spending a period of time on the land. Nigerian law recognizes traditional...

Application Sample Draft of Force Majeure in Contracts

As a result of the Covid-19 pandemic as declared by World Health Organisation (WHO) on 11th March 2020, many contract obligations will not be performed and others would be delayed. The way out by which contracting parties can escape liability arising from non-performance is if a force majeure clause was inserted under their terms of contract. As discussed above a successful application is based on strict...

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