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Red Diamond Properties Limited
John Olisa
Sep 6, 20248 min read
10 LAND TITLES EVERY REAL ESTATEINVESTOR IN NIGERIA MUST KNOW.
1. Right of Occupancy: The Land Use Act refers to it as Customary Right of Occupancy under Section 6. It is a land title given to a...
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John Olisa
May 16, 20241 min read
Laws Regulating Real Estate in Nigeria: Property and Conveyancing Law (Part F)
This is a real estate legislation that regulates land transactions in the South Western States in Nigeria. There are important features...
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John Olisa
May 16, 20241 min read
Laws Regulating Real Estate in Nigeria: Wills Act (Part E)
A Will is a legal document setting out how a person wants his property/personal belongings to be shared when he/she dies. The statute...
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John Olisa
May 16, 20241 min read
Laws Regulating Real Estate in Nigeria: Land Instrument Preparation Law (Part D)
This law states that the only authorized personnel to prepare instruments and documents on sale or transfer of land are Legal...
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John Olisa
May 16, 20241 min read
Laws Regulating Real Estate in Nigeria: The Illiterate Protection Laws (Part C)
The purpose of the Illiterate Protection Laws is to shield/protect an illiterate person from possible fraud (in land transactions, and...
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John Olisa
May 16, 20242 min read
Laws Regulating Real Estate in Nigeria: The Land Use Act 1978(B)
LAND USE ACT, 1978. This real estate legislation was promulgated under the administration of General Olusegun Obasanjo, the then Military...
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John Olisa
May 16, 20242 min read
5 REASONS TO BUY PROPERTY OFF-PLAN
An off-plan property is a property is one bought before it is constructed, when only the architectural plans are available. Obviously, it...
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John Olisa
Apr 7, 20241 min read
Laws Regulating Real Estate in Nigeria: The Nigerian 1999 Constitution (A)
The laws regulating real estate in Nigeria are referred generally to as Property Law. The most superior of all laws regulating Real...
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John Olisa
Apr 7, 20242 min read
3 Reasons to Invest in Real Estate Today
It was Andrew Carnegie, Wealthy American Industrialist, who said “90% of all millionaires become so through owing real estate”. Real...
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John Olisa
Apr 7, 20243 min read
Real Estate Investment Trust (Overview)
A Real Estate Investment Trust (REIT) is a public company that pools funds from the general public through the stock market, and uses...
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John Olisa
Apr 2, 20244 min read
5 Mistakes to avoid when buying Land
1 Buying land without valid legal titles/documents: Under Nigerian Law, the Governor of a State acts as the trustee of a majority of...
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John Olisa
Apr 2, 20243 min read
Investing in Real Estate in Nigeria
Real Estate refers to tangible and fixed landed property. It can be subdivided into 3 categories. The first category is Residential Real...
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