Introduction
Buying your first property is a big achievement. It is a dream for many Nigerians. But sadly, there are many people who want to cheat first-time buyers. They sell fake land, give false documents, or trick you into paying twice. These scams can make you lose your money and peace of mind.
This guide will help you understand how to safely buy a house or land in Nigeria. It will show you common scams, what to check before buying, and how to protect your money.
Understanding the Nigerian Real Estate Market
In Nigeria, you can buy land, houses, flats, or shops. Some are in big cities like Lagos or Abuja. Others are in smaller towns or villages. The price depends on the location, size, and documents.
The real estate market is growing fast. But because of this, many scammers are trying to cheat people who don’t know the right way to buy property.
Most Common Property Scams in Nigeria
Omonile Scam
Omonile are people from local families who say they own land. Sometimes, they sell land to many people at the same time. Later, they come back to ask for more money or cause problems. This is very common in places like Lagos and Ogun State.
Multiple Sales Scam
This happens when the same land or house is sold to many people. Only one person gets the real papers. Others lose their money.
Government Land Scam
Some people try to sell land that belongs to the government. This land cannot be sold without permission. If you buy it, you will lose your money when the government takes it back.
Fake Documents
Some scammers give you fake papers that look real. They can create fake land titles, fake survey plans, and fake receipts. You must always check all documents at the land registry.
Red Flags to Watch Out For
- The price is too cheap.
- The seller wants you to pay very fast.
- You cannot visit the land or house.
- The papers are incomplete or unclear.
- The seller does not want you to bring a lawyer or agent.
Step-by-Step Guide to Safe Property Buying
Step 1: Ask Questions
Find out who owns the property. Talk to people who live nearby. Ask if they know of any problems with the land or house.
Step 2: Visit the Property
Never buy land or a house you have not seen with your own eyes. Visit it. Walk on it. Check the area carefully.
Step 3: Check the Documents
Ask the seller for all papers. Go to the land registry office to confirm if the papers are real. Make sure the name on the papers matches the person selling to you.
Step 4: Use a Real Estate Lawyer
Do not use the seller’s lawyer. Use your own lawyer. They will check everything and protect you.
Step 5: Check the Land Registry
The land registry office will tell you if the land has any problems. For example, if it is under government control or has unpaid debts.
Important Documents to Verify
- Certificate of Occupancy (C of O): Shows the government has given the land to someone.
- Survey Plan: A map that shows the land size and location.
- Deed of Assignment: A document that transfers land from one person to another.
- Governor’s Consent: Needed to confirm the new owner of the land.
Examples of Real Scams
In Lagos, a man paid N4 million for land from Omonile. Later, he found out the land was sold to two other people. He lost all his money.
Another man paid for a house he saw online. The agent ran away after receiving payment. The house didn’t exist.
Conclusion
Buying a home or land in Nigeria is possible and safe — if you follow the right steps. Do not rush. Check everything. Use a lawyer. Visit the land. Avoid cheap offers. And always protect your money.
With the right information, you can own your first property without fear.
FAQs
1. How can I verify land in Nigeria?
Go to the land registry office. They will check the documents and tell you the real owner.
2. Is it safe to buy land online?
Only if you visit the land and confirm all papers before paying. Many online ads are fake.
3. What is Omonile?
Omonile are local people who claim to own land. Always check their claim with a lawyer and land registry.
4. Can I buy land without a lawyer?
It is not safe. A lawyer protects you and checks all papers.
5. What do I do if I was scammed?
Report it to the police, EFCC, and real estate bodies like LASRERA. Show all receipts and documents.