
Land titles refer to the legal documents that prove a person's ownership or right to use a piece of land. In Abuja, Nigeria, there are different types of land titles available, each with its specific requirements and features.
The first type of land title available in Abuja is the Certificate of Occupancy (C of O). The C of O is the most recognized and valuable land title in Abuja as it gives the holder the exclusive right to possess, use and enjoy the property. The C of O is issued by the Federal Capital Territory (FCT) Department of Land Administration after the land registration process has been completed.
Another type of land title is the Right of Occupancy (R of O). The R of O is a legal document granted to an individual or an organization to occupy and use a piece of land for a specific purpose. The R of O is issued by the FCT Department of Land Administration and is valid for up to 99 years.
Furthermore, there is a Deed of Assignment. The Deed of Assignment is a legal document used to transfer ownership of a property from one person or entity to another. The Deed of Assignment is commonly used for transactions involving parcels of land that have no formal documentation or title deeds.
Additionally, there is a Deed of Lease. The Deed of Lease is a legal document that gives the lessee the right to use a property for a specific period, usually for commercial or industrial purposes. The Deed of Lease is issued by the FCT Department of Land Administration and is valid for up to 99 years.
Lastly, there is the Deed of Conveyance. The Deed of Conveyance is a legal document used to transfer the ownership of an already developed property from the seller to the buyer. The Deed of Conveyance is commonly used in transactions involving developed properties such as buildings, apartments, or houses.
In conclusion, the types of land titles available in Abuja, Nigeria, include the Certificate of Occupancy, Right of Occupancy, Deed of Assignment, Deed of Lease, and Deed of Conveyance. Each type of land title has its specific requirements and features, and it is essential to consult with a legal professional before acquiring any land title to avoid any legal tussles.
Image source: www.freepik.com
Comments