commercial property

HOW TO WRITE A PETITION TO THE EFCC IN NIGERIA

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The Economic and Financial Crimes Commission is the body in Nigeria responsible for investigating and prosecuting financial crimes, fraud, and corruption. It was established on April 13, 2003, and has since been regarded as an “eagle” in the identification and tackling of fraudulent activities. One of the key ways EFCC operates is by acting upon petitions […]

WHO INHERITS PROPERTY WHEN THERE IS NO WILL?

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In Nigeria, the distribution of an estate, upon the death of an individual who has not declared his last will. A state of intestacy is determined by a combination of statutory, customary, and religious laws. The legal framework in this area reflects the country’s cultural diversity and complex legal systems, which often lead to disputes. […]

HOW TO APPLY FOR STR VISA IN NIGERIA

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The Subject to Regularization (STR) Visa is a temporary visa granted by the Nigerian government to aliens who have secured employment in Nigeria. It allows the applicant entry into the country while the applicant concludes all the formalities related to long-term residency and permission to work. Key Features of the STR Visa 1. Employment-Based Visa […]

UNDERSTANDING THE EXPATRIATE QOUTA SYSTEM IN NIGERIA

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The expatriate quota system is an important component of Nigeria’s immigration framework, put in place to regulate the flow of foreign nationals seeking gainful employment in the country. It ensures that expatriates are employed in industries requiring specialized skills while reserving opportunities for Nigerian citizens. This balances the usage of foreign expertise with the nurturing […]

GUIDE TO BUYING PROPERTY ON INSTALLMENT IN NIGERIA: STEPS,TIPS AND BEST OPTIONS

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In 1999, one Femi, a landowner, sold five plots of land in Lekki Phase 1 to one Mayowa, an investor, for 15 million Naira with an outstanding balance of 10 million Naira due after twelve months. Possession was delivered to Investor Mayowa. He commenced developing one plot. Despite Femi’s repeated demands for the balance, for […]

THE CRUCIAL ROLE OF PROPERTY LAWYERS IN NIGERIA’S PROPERTY TRANSACTIONS

property

Buying and selling properties are significant and complex transactions that necessitate the expertise of property lawyers in Nigeria. The role of a property lawyers in Nigeria is to safeguard the interests of all parties involved, whether they are the buyer or the seller. Here are several key reasons why retaining a property lawyer for any […]

EXPLORING LAND OWNERSHIP TRANSFERS IN NIGERIA

land

In Nigeria, the transfer of land ownership is a nuanced process encompassing various methods to seamlessly transition legal rights from one party to another. Here’s an extensive breakdown of the key methods and considerations involved:  Sale The sale of land involves the direct transfer of ownership from one individual to another in exchange for a […]

KEY CLAUSES IN COMMERCIAL LEASE AGREEMENTS IN NIGERIA

lease

Commercial leases in Nigeria are agreements between landlords and businesses to rent commercial property. Businesses often lease rather than buy property because leasing requires less capital. Commercial leases are more complex than residential leases since the terms are negotiable and vary greatly between leases. Before signing a commercial lease, it is important for both parties […]