*UNDERSTANDING LAND SIZES AND MEASUREMENT*
Most
people who purchase land in Lagos and elsewhere don't really understand
the meaning of these Real Estate terms. As a potential buyer wishing to
buy a land or build a new house you must be conversant with a few of
these figures. The first hurdle is to understand the system of Land
measurement in Nigeria.
In Nigeria today, Land
is measured in Hectares, Acres, Meters and Feet. These measurements are
affected by factors, which include development pattern, human and
environmental factors.
Let's start by asking what is the size of a standard plot in Nigeria?
According
to the dictionary meaning of a plot: A plot is a marked out piece of
Land for the purpose of building or farming. The word 'plot' is an
arbitrary term used to describe a land division carved out for property
development.
The
size of a plot can vary for different reasons but according to
Nigeria's land division, the appropriate plot for a house construction
is 50 x 100ft which can accommodate a standard house with a small
compound. To better understand land divisions used in Nigeria, different
units of area are used as follows:
*HECTARE*
A hectare is one of the least known metric units and one which potential buyers and Estate developers seem to struggle with -
It is a land measuring:
๐๐ฟ100m x 100m OR
๐๐ฟ328ft x 328ft OR
๐๐ฟ10,000 sqm OR
๐๐ฟTwo and half acres OR
๐๐ฟ15 plots.
*ACRE*
An
Acre is a standard unit of measurement used by Land sellers and it is
almost equivalent to the size of a standard football field. An Acre is a
product of any rectangular plot of land giving a total of:
๐๐ฟ4,046sqm OR
๐๐ฟ43,560 sq ft OR
๐๐ฟ6 plots (each measuring 60ft x 120ft)
*PLOT*
In
Lagos State, the standard size of a plot is 60ft x 120ft (18m x 36m
i.e. 648 sqm), while in some other cities of the country, plots are
measured in 50ft x 100ft.
*HOW TO UNDERSTAND LAND TITLE AND DOCUMENTS*
-Real Estate Coach Spark shares this, though copied, but I feel we should go through it.
SURVEY PLAN
A
Survey plan is a document that measures the boundary of a parcel of
land to give an accurate measurement and description of that land. The
people that handle survey issues are Surveyors and they are regulated by
the office of the Surveyor general in Lagos as it relates to survey
issues in Lagos. A survey plan must contain the following information:
1. The name of the owner of the land surveyed
2. The Address or description of the land surveyed
3. The size of the land surveyed
4. The drawn out portion of the land survey and mapped out on the survey plan document
5. The beacon numbers
6. The surveyor who drew up the survey plan and the date it was drawn up
7. A stamp showing the land is either free from Government acquisition or not
EXCISION
Land
Use Decree on the 28th of March, 1978 that vested all lands in every
state of the Federation under the control of the State Governors. The
Land Use Act coupled with other laws made it possible for the Governor
who was now the owner of all lands in the state to actually have the
power to Acquire more lands compulsorily for its own public purpose to
provide amenities for the greater good of the citizens.
Fortunately,
the government recognizes that indigenes of different sections of the
country have a right to existence . . . a right to the land of their
birth. Hence, it is customary for state government to cede a portion of
land to the original owners (natives) of each area.
An
Excision means basically taking a part from a whole and that part that
has been excised, will be recorded and documented in the official
government gazette of that state.
GAZETTE
A Gazette is an Official record book where all special government details are spelt out, detailed and recorded
A
gazette will show the communities or villages that have been granted
excision and the number of acres or hectares of land that the government
has given to them. It is within those excised acres or hectares that
the traditional family is entitled to sell its lands to the public and
not anything outside those hectares of land given or excised to them.
A
Gazette is a very powerful instrument the community owns and can
replace a Certificate of Occupancy to grant title to the Villagers. A
community owning a gazette can only sell lands to an individual within
those lands that have been excised to them and the community or family
head of that land has the right to sign your documents for you if you
purchase lands within those excised acres or hectares of land.
DEED OF ASSIGNMENT
A
Deed of Assignment is an Agreement between the Seller of a Land or
Property and a Buyer of that Land or property showing evidence that the
Seller has transferred all his rights, his title, his interest and
ownership of that land to that the Seller that has just bought land.
The
Deed of Assignment has been exchanged between both parties, it has to
be recorded in the land registry to show legal proof that the land has
exchanged hands and the public should be aware of the transaction. Such
recorded Deed of Assignment come in the form of either a Governorรข€™s
Consent or _Registered Conveyance
CERTIFICATE OF OCCUPANCY
A
Certificate of Occupancy (C of O) issued by the Lagos State Government
officially leases Lagos land to you, the applicant, for 99 yrs. As
already indicated above, all lands belong to the Government.
A C of O however is the officially recognized Document for demonstrating Right to a Land.
What
happens after 99 years? That question is still subject of debate among
experts. Most have adopted a wait-and-see attitude. Others postulate
that as the new owner of the land, you the buyer, can renew the
certificate of occupancy when it expires. That makes sense, but for now
is largely a case of we shall see. Understand this write-up please. It
will help you as a realtor.
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