Due Diligence: Ensuring You Get the Best in Transactions
In the realm of law, where every decision can have significant consequences, the importance of thoroughness cannot be overstated. This is where the concept of due diligence comes into play. Due diligence refers to the meticulous investigation and verification of information conducted before entering into a legal agreement. It’s like taking a deep dive into […]
Why Writing a Will Matters (and How to Do It) in Nigeria
Everyone knows death is inevitable, but planning for it can feel uncomfortable. However, writing a will is a crucial step in ensuring your wishes are respected after you’re gone. It provides peace of mind for you and clarity for your loved ones during a difficult time. This blog post explores the importance of writing a […]
Top 5 Laws Every Nigerian Should Know
Life in Nigeria throws a lot at you – from buying a phone to renting an apartment to starting a business. But do you understand the legal landscape shaping these everyday situations? Knowing your rights and responsibilities under key laws can be your shield and sword, empowering you to make informed decisions and protect yourself […]
Acquiring Property in Nigeria: A Comprehensive Checklist
Real estate investment in Nigeria has proven to be a lucrative venture, with annual growth rates reaching around 15%, rivalling asset classes like index futures. However, the process of acquiring property in Nigeria can be intricate, often leading to pitfalls for unsuspecting buyers. To safeguard your investment and ensure a smooth transaction, adhere to this […]
Revocation of Land: What You Need to Know
Revocation of land can be painful. It is more painful when the land has been fully developed or even inhabited. However, the Land Use Act, which is the major law on lands in Nigeria, vests the ownership of all lands in a state in the governor of that state Who’s the Real Landlord? While it […]
What Happens When You Accidentally Buy Land Used as Collateral for a Loan?
When it comes to purchasing property, particularly land, there’s a lot more to it than meets the eye. If you find yourself in a situation where you’ve unknowingly bought land that has been used as collateral for a bank loan, what happens next? Let’s break it down in simple terms: Buyer for Value Without Notice: […]
Can Government Revoke Land Ownership in Nigeria?
When it comes to land ownership in Nigeria, it’s essential to understand your rights and protections, especially in the face of potential land ownership revocation. The Land Use Act of 1978 is the primary legislation governing land ownership in Nigeria, and it grants the government, particularly state governments, certain powers to revoke land titles under […]
How to Protect Your Land from Encroachment in Nigeria
Land is a valuable asset in Nigeria, and it is important to protect it from encroachment. Encroachment is when someone builds on or otherwise occupies your land without your permission. It can be a serious problem, and it can be difficult to get it resolved. Here are some tips on how to protect your land […]
WHAT ARE THE RULES OF INHERITANCE IN NIGERIA?
The inheritance of land in Nigeria is not governed by a single, unified national law. Instead, it is deeply embedded in the customary laws of the deceased’s ethnic group, which can vary significantly across different regions and communities. Understanding these diverse legal traditions is crucial for ensuring the smooth and equitable distribution of land among […]