Land for sale Ibeju-Lekki, Ajah Sangotedo Abijo Epe – Become a Landlord & Collect Rent Forever
YOU CAN BUY THE LAND TO BUILD AND LIVE INSIDE/PUT TENANTS INSIDE OR BUY THE LAND AND WAIT FOR THE PRICE TO GO UP BY 500%.
Becoming a Landlord is one of the best decisions any human being can make. It’s an investment that pays you for life, pays your children for life too, even your grand kids. » Read more
MEANING OF OWNERSHIP
Ownership of property is a multidimensional concept. An owner is any person or group of persons who has the right to exercise power over property, be it in the form of chattels (i.e. personal goods such as clothing, furniture etc) or real property (i.e. land, buildings and other improvements on lands). “Ownership is the right to the exclusive enjoyment of a thing. It donates the relation between a person and any right and any rights that is vested in him. These rights are of two kinds, namely: the indeterminate and the determinate forms of rights exercisable on a property. an indeterminate (absolute) ownership would ensure the exclusive enjoyment the right of using, altering abandoning, and disposing or even destroying the thing, while a determinate (restricted) owner is limited some extent: for example, where there are joint owners of a property (each with some restricted claims) or where the property is charged with the payment with the payment of some rents or charges as found in leasehold interest in land. » Read more
BENEFITS OF BUYING PROPERTY IN DUBAI – Is Buying Property In Dubai A Good Investment
Dubai is one of the fastest growing cities in the world. It houses a plethora of amazing properties from scenic water views, to skyscrapers and idyllic spots for quiet reflection. It is also one of the most coveted investment locations in the world. With its architectural wonders and prime location, Dubai never fails to intrigue and impress. It houses the world’s tallest tower and artificial islands in the shape of palm trees. » Read more
At the mention of the term ‘‘Estate Management’’, what readily comes to mind is that Estate Management refers to the general supervision of an estate or property. However, the functions of the management are broader in scope and include the following: » Read more
Duties of an Estate Agent
An estate agent represents the principal, and the principal can be either the property seller or buyer. Where the agent represents the seller, his core duty is to help the seller arrive at an appropriate and realistic price, discovering and disclosing facts that affect the seller and properly presenting the contracts that the seller signs. Also, it is required of the agent to make reasonable efforts to market the property, such as advertising and holding open houses, and help the seller evaluate the terms and conditions of offers to purchase. On the other hand, an agent who represents the buyer is expected to help the buyer locate suitable property and evaluate property values, property conditions, financing alternatives and offers and counter offers with the buyer’s interest in mind. » Read more
DOCUMENTS REQUIRED FOR A LAND PURCHASE IN NIGERIA
There are always documents involved in every business transaction carried out especially the ones involving money. Real estate transactions are no different. These documents serve as proof that a business transaction took place. The most common business document is a receipt which indicates that money was paid into an account or paid to someone. These documents secure one’s investments and make it possible to plead a case peradventure there is any dispute. » Read more
Estate Management – What You Need To Know
What is an estate?
An estate is a legal entity donating the character and quality of rights that an individual or individuals possess in a property. Property can be defined as the interest, which can be acquired in an object or thing. The key words from the above definition are rights” and “interest” the concise oxford dictionary defined them as follows;
Interest: “a legal concern, title or right’’
Right: “a thing one may legally or morally claim”
Thus an estate can be described as the interest and/ or rights, which can be held over any object. » Read more
An agent is any person who is appointed or authorized by a principal to act on his or her behalf. It must be noted that agency is one of the special type of contracts and thus, the rules application to the formation of a valid contract, are of necessity applicable to the agency relationship. Accordingly, the elements required under the law for the formation of a valid contract, are required in agency contracts as well. » Read more
THE ESSENTIAL ELEMENTS OF ESTATE AGENCY
Agency is a fiduciary relationship that arises when one (a principal) manifests assent to another person(an agent) that the agent shall act on the principal’s behalf and subject to the principal’s control, and the agent consents so to act in that capacity.
In today’s marketplace, individuals as well as corporate entities may find it difficult to complete the large number of transactions they deem necessary to accomplish their business goals. Representation can help solve this difficulty. It is in this context of an increased need for representation that agency arose. Agency business arrangements are utilized around the world as means of having presence in more markets, widening market share and increasing competitiveness in operational structure by using a third party’s infrastructure. » Read more
The term estate has its roots in the word ‘etat’ which is a French derivative of the Latin word ‘statue’. This is because ownership of Estates ordinarily accords high status on its holder, thus ‘estate’ is generally used to refer to landed properties. Land from an estate manager’s perspective is not just the physical surface of the earth on which all human activities take place but also all resources beneath or above the cubic space, such as game, the crop on the land, and mineral resources within it, an estate therefore refers to resources within the air space and sub-surface of land, as well as all improvements on it such as buildings, crops, minerals, sea resources, games etc. » Read more