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Monday 27 August 2018

Brave 600+ Abuja Groove


BRAVE 600+ ABUJA GROOVE

The largest law class in the history of the country, Brave 600+ is set to host its 2nd Mini reunion during the Annual General Confrence (AGC) event in  Abuja.

Brave 600+ is the 2009 set of law students of Olabisi Onabanjo University, Ago Iwoye, Ogun State.

Since their graduation from school, members of the group have attained excellence in their chosen areas of practice for which they gather annually to celebrate.

This year's reunion will hold on 30th August, 2018 at the DOME,  Adekunle Fajuyi, road by Churchgate, Abuja.

Contact for seat reservation is 08036304248

. LAGOS PROPERTY LAWYER blog is dedicated to educating Nigerians on their property legal rights, duties and obligations under the law. Join us in our bid to promote the Real Estate Law and News in Lagos, Nigeria by your comments and sharing our articles within your network. Real Estate practitioners can also contribute articles by sending a mail to emmanadebayo@gmail.com Disclaimer:- Posts and comments by the publishers of this blog do not constitute legal advice or create an attorney-client relationship.

Thursday 5 July 2018

BRAVE 600+ CONGRATULATES ITS NEWLY APPOINTED MEMBERS ON THE BENCH

The members of Brave 600+ on Monday 2nd July was ecstatic with the news of the swearing in ceremony of (five) of their members into the Ogun State Judiciary.

The ceremony which took place in Abeokuta had in attendance the Chief Justice of the State's Judiciary who swore in the newly appointed Magistrates and Presidents of the Customary Courts that consisted of members of Brave 600+ dominating the list.

Whilst felicitating with it's members for the well deserved appointment, the group however encouraged them to stand for the truth at all times and to ensure they discharge their duties without gear and favour.

Brave 600+ is the 2009 law graduates of the prestigious Olabisi Onabanjo University, Ago Iwoye who pride themselves as largest single class of lawyers poised for excellence not only in the law profession but across other fields where their members are currently excelling.

Just few months ago, the group's members also top the list of judicial appointments into the Oyo state's judiciary, where three of it's members made the list.


. LAGOS PROPERTY LAWYER blog is dedicated to educating Nigerians on their property legal rights, duties and obligations under the law. Join us in our bid to promote the Real Estate Law and News in Lagos, Nigeria by your comments and sharing our articles within your network. Real Estate practitioners can also contribute articles by sending a mail to emmanadebayo@gmail.com Disclaimer:- Posts and comments by the publishers of this blog do not constitute legal advice or create an attorney-client relationship.

Friday 16 December 2016

HOW TO OWN A FREE HOME UNDER LAGOS HOUSING SCHEME

It feels good to force you here in order to get you informed. Free home indeed! Hehehe. By the heading, I meant you can buy into any of the schemes without having to pay fees to any intermediary or agent.

Lagos State Government has repeatedly emphasized its commitment to ensure residents of the state have shelter, particularly a place they can call their own. The government through the Ministry of Housing officially launched the Rent-To-Own and Rental Housing Policies on Thursday, December 8, 2016.
The development was officially announced by the State Commissioner for Housing, Hon. Gbolahan Lawal

Tuesday 1 November 2016

SUPREME COURT OF NIGERIA GIVES REASONS FOR AFFIRMING MANDATORY USE OF NBA STAMP & SEAL ON LEGAL DOCUMENTS


On Friday November 14, 2015, the Supreme Court of Nigeria gave reasons for its decision made on October 27, 2015 to allow the cross-appeal in Appeal No. SC/722/15 All Progressives Congress (APC) V. General Bello Sarkin Yaki. The Court’s decision arose out of 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 challenging the competence of the Appellants’ Notice of Appeal for failure to bear the stamp/seal of the legal practitioner who signed it as stipulated by Rule 10(1) of the Rules of Professional Conduct for Legal Practitioners, 2007.
Credit - abrahamthompsonsandco.com 

In the lead judgment of the Court delivered by Nwali Sylvester Ngwuta JSC, the court held that such a process even though signed and filed is not null and void or incompetent like the case of a court process so signed in the name of corporation or association (even of lawyers). The court held that such a document even though signed and filed is not proper in law for the reason that the condition precedent for its proper signing and filing has not been met. The court also held that such a document is ‘akin to a legal document or process filed at the expiration of the time allowed by the rules or extended by the court’.

Particularly the court per Ngwuta JSC, held that ‘in such cases the filing of the process can be regularised by extension

Thursday 13 October 2016

AMBODE WARNS AGAINST FLOUTING BUILDING REGULATIONS

Lagos State Governor, Akinwunmi Ambode on Monday said the government would no longer tolerate flouting of building regulations in the state.
He also stated that there was the need for additional 187, 500 new houses in the next five years to reduce the housing deficit estimated at 2.5 million in the state.
The state governor, who was represented by his Deputy, Oluranti Adebule, said this at the 2016 World Habitat Day organised by the Ministry of Physical Planning and Urban Development with the theme, ‘Housing at the Centre’.
Credit - tv360nigeria.com 

Ambode said his administration is focused on resolving the confidence in the building control and supervision process, adding that the challenge of housing deficit and the issue of safety concerns in the building sector was top priority.

Wednesday 12 October 2016

THE NEED TO REPEAL THE LAND USE ACT 1978

POSITION PAPER ON THE NEED FOR THE REPEAL OF THE LAND USE ACT 1978.

Introduction:
Human society the world over is heavily dependent on land and its resources. It is not an overstatement to say that without land there would be no human existence. This is because it is from land that man gets items very essential for his survival such as food, fuel, clothing, shelter, medication and others.

According to Omotola J. Learned Professor of Law;
“Every person requires land for his support, preservation and self actualization within the general ideals of the society. Land is the foundation of shelter, food and employment. Man lives on land during his life and upon his demise, his remains are kept in it permanently. Even where the remains are cremated, the ashes eventually settle on land. It is therefore crucial to the existence of the individual and the society. It is inseparable from the concept of the society. Man has been aptly described as a land animal.”

Tuesday 11 October 2016

WHY YOU SHOULD INVEST IN IBEJU LEKKI (PRIME GARDENS ESTATE)

Aliko Dangote, Africa’s richest man is building one of the world’s largest oil refineries in Ibeju Lekki Free Trade Zone, Lagos state Nigeria. The project is obviously one of the largest in Nigeria and Africa as a whole.

Reasons why you should buy into our Estates in Ibeju Lekki, Lagos Nigeria.

Here are some essential details about Dangote refinery you may find very interesting and may instigate you to invest within Ibeju Lekki;

The project site is larger than Victoria Island.

It is located on 2,135Hectares of land in Ibeju Lekki, Lagos near Lekki Free Trade Zone.

It is the largest industrial complex in Africa.

Monday 10 October 2016

WORK ENVIRONMENT OF A REAL ESTATE BROKER OR SALES AGENT

Real estate brokers and sales agents are self-employed. Most of the rest worked in the real estate industry in brokerage offices, leasing offices, and other real estate establishments.

Workplace size can range from a one-person business to a large firm with numerous branch offices. Many brokers have franchise agreements with national or regional real estate companies. Under this arrangement, the broker pays a fee to be affiliated with a widely known real estate organization.

Credit - bls.gov 

Sunday 9 October 2016

RICE IMPORTS REMAIN BANNED THROUGH THE LAND BORDERS


Our attention has been drawn to publications on various online platforms indicating that the Nigeria Customs Service has reversed the ban on Rice importation through the land borders. These reports were attributed to a press interview purportedly granted by the Service Public Relations Officer, Deputy-Comptroller Wale Adeniyi.

2. It has become necessary to re-state the true position in view of the confusion which these online publications may create in the industry. It is even more expedient to provide this clarification given that the fact that the  Service has taken a firm position earlier in the week through a joint press conference with Stakeholders.

3. First, we like to reiterate the position that importation of Rice remains banned through our Land Borders, and we have the commitment of Partner Government Agencies and Stakeholders to enforce this restriction. While this restriction is in force, Rice imports through the Ports are still allowed subject to payment of extant charges.

REAL ESTATE BROKER versus SALES AGENT

Real estate brokers and sales agents help clients buy, sell, and rent properties. Although brokers and agents do similar work, brokers are licensed to manage their own real estate businesses. Sales agents must work with a real estate broker.

Duties

Real estate brokers and sales agents typically do the following:
  • Solicit potential clients to buy, sell, and rent properties
  • Advise clients on prices, mortgages, market conditions, and related information
  • Compare properties to determine a competitive market price
  • Generate lists of properties for sale, including details such as location and features
  • Promote properties through advertisements, open houses, and listing services
  • Take prospective buyers or renters to see properties
  • Present purchase offers to sellers for consideration
  • Mediate negotiations between buyer and seller
  • Ensure that all terms of purchase contracts are met
  • Prepare documents, such as loyalty contracts, purchase agreements, and deeds through their lawyers 

Saturday 8 October 2016

NIGERIAN CUSTOMS LIFTS BAN ON IMPORTATION OF RICE

Wale Adeniyi, the spokesperson of the Nigeria Customs Service has revealed that the Comptroller-General of the body, Colonel Hameed Ali (rtd), has removed the ban on importation of rice. He also stated in an interview with the News Agency of Nigeria (NAN) that the import duty payment at land borders has been reintroduced.

 According to him, the restriction used to be applied only at land border stations, adding that all rice imports through land borders by rice traders would attract the prevailing import duty of 10 per cent with 60 per cent levy. “Over the years importation has been restricted to the seaports because border authorities have found it difficult to effectively monitor and control importation of rice. “When the decision to ban it (rice) was taken it was not an effective measure because smuggling of the product thrives with people using different means of conveyance including small trucks, bicycles and even animals – putting them on donkeys and some actually carry it on their heads. “These new measures will be for customs to re-organize their anti-smuggling operations in the border areas and ensure that all those importers through the borders bring their rice through approved routes and pay their extant duty,” he was quoted to have said.

ADVERT: THE REAL ESTATE AGENT REGISTRATION APPLICATION FORM IS OUT

APPLICATION IS OUT!!!

Deadline 30/11/2016

THE REAL ESTATE AGENT REGISTRATION APPLICATION FORM IS OUT.

The subscription/application is a strategic inclusion of individuals that recognize themselves as agents to the members of the public. It is open to all individuals and entities with interest in any defined aspect of real estate.

The Initiative considers Real Estate in its multidisciplinary identity and as such anticipates the collaboration of participants in the facilitation and closing of real estate- recognizing them as agents -community assets and members of the Initiative.‎‎

APPLICATION FEE: # 4,800 naira only (including application pickup cost in Lagos state)

Successful applicants will enjoy:

Tuesday 4 October 2016

SUMMARY OF THE LAND USE ACT ( DECREE) OF 1978


Introduction

From time immemorial through the period of agriculture to the period of industrial development, land has remained the most valuable property in the life of man and his development. It is a source of wealth to those who have it and the mother of all properties. In other words, virtually all the basic needs of human existence are land dependent. In view of the importance and usefulness of land to

Monday 3 October 2016

OBSERVATIONS ABOUT RECESSION

My observations about the recession is that, it is:

1. Separating the smart workers from the hard worker

2. Closing doors on some and opening it for others

3. Taking wealth away from some and giving it to others.

4. Bringing out the best in others and showing up the worst in other.

Recession has always been with man, what determine where you fall in the placement above is your abilities to add value in exchange for cash. Make the best use of this recession, by being creative. Think of what you can do in addition to what you are doing that will make you smile to the bank, even in this economic recession.

I am 'jumobi Honest
and I want you to succeed, and
YOU WILL SUCCEED!

Saturday 1 October 2016

ADDRESS BY PRESIDENT MUHAMMADU BUHARI ON 56TH INDEPENDENCE ANNIVERSARY. OCTOBER 1ST 2016


Today – 1st October is a day of celebration for us Nigerians.  On this day, 56 years ago our people achieved the most important of all human desires – freedom and independence.  We should all therefore give thanks and pray for our founding fathers without whose efforts and toil we would not reap the bounties of today.

2. I know that uppermost in your minds today is the economic crisis. The recession for many individuals and families is real. For some It means not being able to pay school fees, for others it's not being able to afford the high cost of food (rice and millet) or the high cost of local or international travel, and for many of our young people the recession means

BEFORE YOU CLOSE THAT PURCHASE

So, I assume you have gone through the very exhausting but interesting and enlightening process of inspecting various properties (with the intention to buy) in your location/locations of choice. After much ado, your preferred option has been singled out.
However, now that you have found this property you love, do you know what to do next?
Well, in case you don’t, below are a few guidelines on your next course of action before you put down your hard earned money:
Credit - wholefedhomestead.com 
1.) Verification of Title Documents: 
Before you get too excite about this property, you need to calm down and do a proper verification of the title documents. You may have been told the property has a Certificate of Occupancy with such and such number of years left on the lease (you may even have a copy of same) but don’t take the seller’s word for it, do your independent search. This is extremely important. You may hire a qualified lawyer to handle this process for you (this is advisable) or do it yourself, if you so wish. But this is where you will find out if there is any encumbrance on the property and any other hidden secrets there may be.

Friday 30 September 2016

FIVE EASY WAYS TO HANDLE LAND USE CHARGE MATTERS IN LAGOS, NIGERIA


When it comes to Land Use Charge (LUC) matters in Lagos Nigeria, many people are not smiling. If you have ever had an enforcement team of the Lands Use Charge Company pay you a visit on non compliance with the land Use Charge Act before, then you probably know what I am talking about.
Every year, bills are generated by the Lands Records Company (LRC) of Lagos (the outsources agency of the Lagos State Government with the sole mandate to discharge and apply the 2001 Land Use charge law of Lagos) based on the assessments done for every property in Lagos Nigeria and circulated to all property owners in Lagos. This is usually done between January and February of every year.
Once you have your bill, your next course of action should include one or some of the following:

Thursday 29 September 2016

‎NATIONAL AGRICULTURAL LAND DEVELOPMENT AUTHORITY DECREE OF 1992


National Agricultural Land Development Authority Decree of 1992:
  • - Established in the Presidency the National Agricultural Land Development Authority. The management of the Authority shall be vested in a Governing Board. The objectives of the Authority shall be to: provide strategic public support for land development; promote and support optimum utilization of the country’s rural land resources for accelerated production of food and fibre; encourage and support economic-size farm holdings and promote consolidation of scattered fragment holdings; encourage the evolution of economic-size rural settlements; provide gainful employment opportunities for rural people, raise rural incomes and improve on the general living standards in rural areas; expand productive capacity in agriculture and regain export capability in traditional and non-traditional crops.
For each Local Government Area of a state and the Area Councils of the Federal Capital Territory, Abuja, a Local Government Project Implementation Advisory Panel is established under the control of the Authority

Wednesday 28 September 2016

THE IMPACT OF A FLEXIBLE FOREX MARKET ON REAL ESTATE DEVELOPMENT IN NIGERIA

‎ Housing has been considered as one of the most important basic needs of man. Hence, real estate development has overtime become a huge business globally. In Nigeria, the investment in real estate development has grown over the years, as Nigerians have conceived the importance and dignity of having a place to be called their 'homes'. According to a recent Report on real estates, high net worth individuals invest 25 per cent of their assets in real estates, compared to 18 per cent or less in equities and other instruments.
According to another report by the National Bureau of Statistics (NBS), the real estate sector grew by 5.9% and contributed 8.37% to the gross domestic products (GDP) in the 4th quarter of 2014 alone, and the whole sector was valued at USD$9.16billion in that same year. The sector experienced significant growth in 2015 having a sector value of USD$11.36billion, and is expected to grow further, with a projected value at USD$13.65billion in the year 2016.

Tuesday 27 September 2016

AN OVERVIEW OF HOTEL AND CATERING LAW


The hotel and catering industry is one the world’s fastest growing industry and revenue earner. It has developed rapidly over the last decade and employs approximately 10% of the world labour force. The hotel industry is an essential part of tourism. With the growth in tourism, hotels have seen rapid expansion as well. The standards of hotels are rising and trained professionals are in great demand.
Hotels are establishments that provide paid accommodation and other services to guests. Hotels have come a long way and developed into a specialized business sector. The aspect of law regulating the hotel and catering industry is generally known as hospitality law. Hospitality law is the body of law relating to the foodservice, travel, and lodging industries. It governs the specific degrees of hotels, restaurants, bars, spas, country clubs, etc. Hospitality law does not just involve one area of law.

Monday 26 September 2016

LAND USE (VALIDATION OF CERTAIN LAWS, ETC) ACT OF 1979


Land Use [Validation of Certain Laws, etc.] Act of 1979 :

- Regularizes the issuance of regulations by state governments pursuant to the Land Use Act.

- All laws and subsidiary legislation made at any time between the commencement of the Land Use Act and 30 September 1979 by any public officer of a state shall be deemed to have been validly made and shall have effect as if they had been made under or pursuant to the Land Use Act and accordingly, shall hereafter continue to have effect according to their tenor and intendment as if they were regulations made under or pursuant to Section 46 of that Act.

- All contracts and all executive, judicial and any instrument or other evidence relating to the allocation of any land, whether or not expressed to have been made under the Land Use Act, shall be deemed to have been validly issued or given under or pursuant to that Act and shall continue to have effect.
Land Use Act 1979
Credit - pulse.ng 

Sunday 25 September 2016

WHAT A MOTHER TOLD HER SON A DAY BEFORE HIS WEDDING


Mummy’s boy, you are now a man. Tomorrow you will have a new mother, a new cook and a new person to share all your secrets with. It will no longer be me but her. Love your new mum even more than you love me. Before you walk into her arms forever, let me give you some words to guide you.

There was a day I was arguing with your father. We were screaming, Tempers were high. I was angry and He was angry. Then I called him an idiot! He was shocked, He looked at me asking how dare I call him that, Immediately started calling him idiot, fool, stupid, crazy, I called him all sort of name. Guess what he did? He didn’t raise his hands to hit me. He just walked away, banging the door as he went out.

My Son, If your father had hit me and destroyed my eyes, how will you feel sitting here with me today? How will you regard him as your father? Would you have been proud of him or would you be blaming me for calling him names? Never hit your wife! No matter the provocation just walk away and things will be normal. Whenever she offends you, think of this story I just told you, it could have been your mum!

Saturday 24 September 2016

WORD BANK : Wait for the final whistle

My people, I watched a local football match in a school playing ground. As I sat down, I asked one of the boys what the score was.

With a smile, he replied; "They are leading us 3-0" !
And I said, REALLY!!

I have to say you don't look discouraged.

"Discouraged?" the boy asked with a puzzled look ...

Why should I be discouraged when the referee has not blown the final whistle?

I have confidence in the team and the managers; We shall definitely overcome!

Truly, the match ended 5-4 in favor of the boy's team!

Friday 23 September 2016

WHY ANTI LAND GRABBING LAW WILL WORK IN LAGOS STATE 

Deputy Majority Leader,Lagos State House of Assembly, Mr. Olumuyiwa Jimoh, who is representing Apapa II, speaks to Vanguard on the newly enacted law criminalising land grabbing in the state.
What is the significance of the land grabbing law?
The land grabbing law is important in so many ways. Hitherto, there was a law that addressed the issue of land grabbing but not directly the way this particular law has done. We had Lagos State Criminal Procedure Law, which is general but considering that Lagos is a megacity and the rate of demand for land and property, we needed to address the problem. We discovered that there is a cartel, which has become so sophisticated in grabbing other peoples’ lands. That is what prompted the House to pass the law addressing directly the issue of land grabbing in Lagos and the law was well accepted by the people because it addresses the fundamental issues. There have been series of controversies between land owners or buyers or people invading another person’s land and with this law, it means that if you get land adequately receipted and documented, it will be difficult for anybody to confiscate your land because the issue of land grabbing has always been there from creation. Though there was a law that addressed the issue, but that very law was too general because it addresses all other criminal matters in totality. But this very law was specific on land grabbing, that is why it is an offence to invade other peoples’ land in Lagos.