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What Distinguishes an Agreement from a Deed? As a business owner, you will likely encounter numerous agreements and deeds. While these documents share similarities, it is crucial to select the appropriate one for your specific arrangement, as they entail different signing protocols. The key distinction in the realm of contracts lies in whether there has been an exchange of consideration between the parties involved. For example, in an agreement, one party may deliver a specific product in return for payment from the other party. Conversely, deeds represent a distinct category of legal documents that signify a party's commitment to fulfill a particular obligation. This article will delve deeper into the differences between deeds and agreements. What is a Deed? A Deed is a formal and legally binding commitment to perform a specific action. The concept of a deed arises from the necessity within communities to establish a distinct ritual or process that publicly signifies the seriousne...

Here's a quick rundown of the important documents you'll need for land or house deals in Nigeria. If you don’t have these papers to show you own the property, you might have been scammed! So, pay attention to this info. So here are some important documents you need for property in Nigeria: Certificate of Occupancy: This is given by the local authority to show that a building has met all legal requirements. Survey Plan: A detailed map that outlines the land's boundaries and dimensions. Deed of Assignment: This legal paper transfers ownership and rights of the property from one person to another. Sale Deed: This document officially hands over the property from the seller to the buyer. AskTFP Homes and Properties  Estate Agents. If you are looking for a house, flat, land or commercial property, to buy or rent — visit our  property  or  land listings  channel . You can also send a  property request . Governor's Consent: A document that indicates the governmen...

  In the realm of real estate, grasping the nuances of property documentation is crucial. Two frequently encountered terms are "R of O" and "C of O." This article will explore the fundamental distinctions between these abbreviations and highlight their importance within the real estate sector. Understanding "R of O" (Right of Occupancy) The Right of Occupancy, often abbreviated as "R of O," is a legal framework that allows individuals to occupy and use a property. In Nigeria's land tenure system, "R of O" is issued by state governments or local authorities.  This right typically applies to lands that are government-owned or allocated through governmental processes.  To obtain an "R of O," individuals must go through a detailed procedure, which includes submitting essential documents like proof of payment, application forms, and survey plans. Once this process is successfully completed, the government provides a letter or...

  What is the measurement of a plot of land? How does that translate into square meters? How does a plot stack up against an acre or a hectare? These are common inquiries among real estate buyers and sellers in Nigeria, and the answers can vary widely depending on whom you consult. In Nigeria, there are several terms used to describe or measure land size. Understanding these terms is crucial for making informed choices and securing the best properties at competitive prices. In cities like Ibadan, Abuja, and Lagos, official land documents typically refer to measurements in square meters. However, sellers and agents often prefer using terms like plots, acres, hectares, and square feet. These different units can be converted into one another. AskTFP Homes and Properties Estate Agents. If you are looking for a house, flat, land or commercial property, to buy or rent — visit our  property  or  land listings  channel . You can also send a  property request . ...

When discussing smart investment strategies, land banking often comes up. You might be asking, “What is land banking?” In simple terms, it means buying undeveloped land with the hope that its value will rise over time. In today’s world, where investment options are varied and complex, land banking stands out. It’s not just about acquiring land; it’s about seeing its future possibilities. A vacant lot today could become a busy commercial area tomorrow, or a quiet piece of land on the city’s edge might turn into a popular neighborhood. This vision is what makes land banking exciting for me. As cities grow and populations increase, the need for land also rises. This trend makes land banking an important strategy for modern investors. I’ve seen many individual investors, including myself, exploring this opportunity. We’re starting to understand how land banking can help diversify our investments and potentially lead to significant gains in the future. In this article, I will explain wha...

 Vacancy at Government College Ibadan Job Title: Finance Officer Reports To: Board of Directors Liaises With: School Bursar, School Administrator and Principals Location: Government College, Ibadan, Nigeria Employment Type: Full-Time Job Summary: Kindly open the attached document for the full summary of the job and the key responsibilities therein. Job Requirements: Kindly open the attached document for the full job requirements. Click Here Job Application Interested and qualified applicants should send their resume and Application Letter, addressed to "The School Administrator, Government College Ibadan, GCIOBA House, GCI, Apata, Ibadan, Oyo State to olumideolusanya@gmail.com on or before Friday, 6th December, 2024. Only qualified applicants shall be contacted.