Real Estate Attorneys; 7 factors to consider when buying a landed property

A Real Estate Attorney plays a very vital role when you are buying a landed property in any part of Nigeria, there are several important factors a Real Estate Attorney considers. Here are some things you also need to look for:

1. Location: The location of the property is very important. You should look for a property that is situated in a safe and secure neighborhood, with good access to transportation, schools, hospitals, markets, and other important amenities.
2. Title documents: It is crucial to verify the authenticity and validity of the property’s title documents before making a purchase. You should engage the services of a qualified lawyer to help you with this process.
3. Land topography: You should inspect the land to ensure that it is suitable for the type of building you intend to erect on it. This includes looking at the soil type, drainage, and whether the land is prone to flooding.
4. Infrastructure: You should look out for basic infrastructure such as electricity, water supply, and road network. Properties with good infrastructure are usually more valuable.
5. Security: The security situation of the area where the property is located should be taken into consideration. This includes the presence of security personnel, the history of crime in the area, and the effectiveness of the community’s security measures.
6. Cost: The cost of the property is also an important consideration. You should compare the cost of the property with other similar properties in the same area to ensure that you are getting a fair deal.
7. Reputation of the developer/seller: You should also research the reputation of the developer/seller. Look at their track record in the real estate industry and find out if they have a history of delivering quality properties.

A Real Estate Attorney will take these factors into consideration, and help you make an informed decision when buying a landed property anywhere in Nigeria.

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