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Secure Your Property By Obtaining A Certificate Of Occupancy (C OF O) - Properties - Nairaland

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Meaning And Importance Of Certificate Of Occupancy- C Of O In Nigeria / Certificate Of Occupancy. C Of O / Pls Help: Breaking Of My Shop & Stealing Of My Property By My Landlord (Photos) (2) (3) (4)

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Secure Your Property By Obtaining A Certificate Of Occupancy (C OF O) by onobire(m): 12:17pm On May 12, 2020
Do you have a landed property or which to acquire one? before you do, ensure you check the genuineness of the property. if its a land with c of o, please conduct a complete search at the ministry of lands in your state to ascertain the right owner. If its a land without c of o please do yourself a favour by obtaining it to secure your property for future purposes.

why is it important to obtain a c of o?

1 Makes the person named on the document the exclusive owner of the land
2 Prevents a situation where a single property is claimed by multiple owners
3 Prevents the government from repossessing the land or property, but this is ultimately subject to the overriding control of the state government
4 It is an acceptable as a security or collateral for loans from banks and other financial institutions
5 It is a widely used to resolve land disputes that arise from ownership tussle
6 It is a very crucial document during mortgage transactions

A parcel of land or property without a Certificate of Occupancy is as good as owning a vehicle without a proof of ownership. This is not the kind of situation you want to find yourself as a landowner or property owner in Nigeria.

onos - delta state , asaba
08103818160.

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