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Thursday 29 October 2015

Supreme Court decision on use of Legal Stamps

SUPREME COURT AFFIRMS THAT FAILURE TO AFFIX NBA STAMP & SEAL ON A LEGAL DOCUMENT RENDERS SUCH LEGAL DOCUMENT INCOMPETENT
In a judgment delivered today in Appeal No. SC/722/15 All Progressives Congress (APC) V. General Bello Sarkin Yaki, the Supreme Court upheld the 2nd Cross-Appellant’s Cross appeal against the decision of the Court of Appeal, Sokoto Division which summarily dismissed the 2nd Cross-Appellant’s preliminary objection which challenged the Appellants’ Notice of Appeal for failure to bear the stamp/seal of the legal practitioner who signed it.
In allowing the appeal the Supreme Court upheld the sole issue formulated by the 2nd Cross-Appellant; ‘Whether the Court of Appeal was right to hold that failure of a legal document to have affixed to it a Stamp/Seal as mandated by rule 10(1) of the rules of professional conduct did not carry with it the consequence of rendering such legal document incompetent’.

Everyone has a story, be willing to hear it before you judge

A 24-year old boy looking out through a train's window shouted, Dad, look, "the trees are going behind; they are moving very fast" his Dad simply stared at him with so much joy and smiled! A young couple seated nearby looked at the 24-year old and thought to themselves, he's so grown up but so childish, he must have a mental disorder for his father not to be bothered. Suddenly the young man exclaimed again; Dad, look, "the clouds are running with us" the couple could not resist and

Wednesday 28 October 2015

Deed of Assignment

A deed of assignment is a legal document that is used in the assigning of interest in real estate and land property. The deed of assignment is a very important document that should be kept in a save place at all times, particularly in the case of real estate. The deed of assignment is a legal instrument with a probative value which signifies an agreement or pact binding on the parties who have entered into it. The deed of assignment, in other words, is a document employed where a holder of a term of years in property assigns his interest to another usually for a consideration.

Tuesday 27 October 2015

Deed of Conveyance

A deed of conveyance is a signed legal document that shows a title or deed has been transferred. It is used to prove ownership in a piece of property. A deed of conveyance is signed, witnessed, and notarized by the seller and the buyer as well as anyone else with a vested interest in the property being transferred. To thoroughly understand a deed of conveyance, it can be split into two parts: the deed and the conveyance.

Saturday 24 October 2015

Conveyance

Conveyance is the process of passing title, ownership or interest in real (land) property from one person to another by a document, such as a deed, lease, or mortgage.

Friday 23 October 2015

Property Law

Property Law are the principles, policies, and rules by which issues and matters arising over property(s) are settled and the method by which property transactions are structured. The major difference between property law and other types of law is the fact that property law deals with the relationships amongst members of a society or group of persons with respect to “things.” These things may be tangible, such as land or a building or a diamond ring, or they may be intangible, such as stocks and bonds or a bank account

Tuesday 20 October 2015

A little "Hello and Bye" could save life

A lady worked at a meat distribution factory. One day, when she finished with her work schedule, she went into the meat cold room (Freezer) to inspect something, but in a moment of misfortune, the door closed and she was locked inside with no help in sight. Although she screamed and knocked with all her might, her cries went unheard as no one could hear her. Most of the workers had already gone, and outside the cold room it's impossible to hear what was going on inside. Five hours later, whilst she was at the verge of death

Saturday 17 October 2015

One Stop Search Centre

ONE STOP SEARCH CENTRE

Now you can conduct all your search in a minute by a single click on just one single page with just a link to the owner of the property in 95% of the briefs with us here by Clicking the links below to locate the under listed briefs :-

Friday 16 October 2015

The One Thousand Naira Note

Two important management lessons I learnt from a 1000 Naira note. 

 1. It happened some time ago but . I was in an audience listening to a motivational speaker. The speaker got out his wallet & pulled out a 1000 Naira note. Holding it up, he asked, "Who wants this 1000 naira note?" Lots of hands went up. Including mine. A slow chorus began to build as people began to shout "Me!" "Me!" I began to wonder who the lucky one would be who the speaker would choose. And I also secretly wondered (and I am sure others did too ) why he would simply give away 1000 naira. Even as the shouts of "I want it" grew louder, I noticed a young woman running down the aisle. She ran up onto the stage, went up to the speaker, and grabbed the 1000 naira note from his hand



Wednesday 14 October 2015

Mini-flat / One Bedroom Flat

A Mini-flat apartment refers to an apartment that has a single bedroom. It is also known as a “one-bedroom flat”. Single apartments usually have a full kitchen, either fully apart from the main living room or separated from it by a counter, as well as a dining area, which is typically an extension of the living room.

Self Contained / Studio Apartment

A Self-contained/Studio Apartment unit of accommodation is one which usually consist of a large single main room which acts as the living, dining room and bedroom combined and usually also includes facilities for food preparation, for washing, bathroom and toilet inside it for the exclusive use of the household living within the unit. If the occupiers need to leave the unit to gain access to any one of these amenities then that unit is not aself contained/studio apartment.


A Room Apartment

A Room apartment is one in which the room is separate from other basic needs of a standard apartment, such as the kitchen, toilet and bathroom and doesn't even come with a luxury of a parlour and dining room combined.

Monday 12 October 2015

Omoniles and Fraudsters

Lagos Nigeria Real Estate Fraud –
The Omoniles and The Pure Fraudsters 


Have you heard about Nigeria real estate fraud. It is no joke. It is real.


Fraudsters are on the prowl because it's easy to catch a victim since many people are tired of being bullied by greedy landlords and thus desire a house of their own.


There are two classes of Lagos Nigeria real estate fraud fraudsters.

Sunday 11 October 2015

Requirements for Perfection of Governor's Consent

Please follow every requirements and payment carefully to avoid your file being Queried. It's better to avoid these queries and prevent the loss of money by inadequate processing because money isn't easy to come by, thus put your house in order before you venture into it.

They include the following:

Tuesday 6 October 2015

Speculator

THE ART OF LAND SPECULATION

A Speculator is the person that's involved in speculation. While, Speculation is a process or act of Buying Land Low and Selling High.
There are millions of acres of land throughout Nigeria that will never have any real value, such as desert land, for example, that cannot be developed to produce income, to satisfy human needs or to earn money.


- Location is a key

Let us Start with Urban or City Economics, what makes a city a good bet or a poor bet for real estate Investment?



FACTORS TO CONSIDER AS SPECULATOR.