Real Estate Articles

THE ACQUISITION/PURCHASE TRANSACTION PROPER This is the second topic in the series – Before you purchase that Lagos property Last week we talked about the legal framework preceding the acquisition of land in Nigeria with reference to Lagos. This week we will be looking at the processes involved in the purchase and acquisition of such property. Now, where the Purchaser’s ...

The Real estate sector in Nigeria is besieged by a number of foreign investors who continue to explore the goldmine inherent despite the obvious challenges. It is no longer news that Real estate which serves as a vital tool to human sustenance and development thrives on investments. Hence, the civilization of Nigeria’s rapid growing population coupled with her economic prosperity, ...

This article is the first of a series on the steps to be taken before you acquire a property in Lagos. From the legal frame work to the land acquisition procedures till you put paid to your real estate investment. The basic legal framework for the acquisition of land in Nigeria is the Land Use Act, Laws of the federation ...

A detached house be it a flat, duplex or bungalow in some parlance, is a stand-alone, one-family residence, while semi-detached properties on the other hand are often mirror images of each other. They consist of pairs of houses built side-by-side or (less commonly) back-to-back, sharing a common or party wall. In England, certain other parts of the United States, and ...

The Rate of unemployment in the country is on a recurring decimal. The situation is so bad that some persons now assume joblessness is a career in Nigeria. The Nation’s institutions continue to churn out graduates yearly while those that graduated over the years remain jobless. The new ones come to join the old ones to form an association of ...

Rental housing discrimination comes in different forms. From ethnic discrimination to gender discrimination, even discrimination based on social class or is it disability related discrimination. Now, we won’t be talking about all of that today, albeit we will be turning our searchlights on a common form of discrimination which is discrimination based on marital status There are some landlord that ...

  Relocation is defined as a process whereby a community’s housing, assets, and public infrastructure are rebuilt in another location. Often times people are relocated to other safe locations when a disaster occurs such that they are displaced almost permanently from their place of abode. This relocation is usually carried out by governmental or non-governmental bodies in a bid to ...

World View: Provision of adequate housing for disabled The lack of disabled access buildings is a common problem, which makes it difficult for disabled people to obtain housing, and in some cases restricts them to living in specialised institutions while many will rather live on the streets. Housing that is not initially designed for the needs of persons with disabilities ...

Selection of the site is, arguably, the single most important consideration in the process of providing housing. Factors such as the location, size and accessibility of a site and its proximity to amenities and services are important to the future development of a self-sustaining community. In the wider context, any new housing development will have a significant impact on the ...

The rising cost of renting houses in thriving Nigerian cities of Lagos, Port Harcourt and Abuja, which goes beyond the reach of potential tenants stretches the number of homeless people beyond borders. This development is worrisome in view of the huge housing deficit in Nigeria. Yet there is an increasing number of vacant homes; buildings that should have families albeit ...