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...
The red copy is the official record of a survey plan that a registered land surveyor must submit to the Surveyor General’s Office. The surveyor must also include a letter confirming the submission. If this is not done, completing the title deed for the land cannot happen. When people mention 'red copy', they mean the 'record copy' of a survey plan. This record copy differs from the survey plan provided to the landowner or client. It is stored in the Surveyor General's office in each state. The purpose of keeping this record copy is to maintain important details about completed land surveys. This information can be helpful for various reasons, including court cases, confirming property ownership, and handling important documents like Certificates of Occupancy (C of O) and Governor's Consent. Key Elements of a Red Copy Distance and Direction : This includes the distance and direction from the land survey to a specific reference point established by the governm...
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 . ...
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