Required Documents Before Buying Property

Before making payment, request and verify, where applicable:

• Certificate of Occupancy (C of O)

• Governor’s Consent

• Registered Survey Plan

• Deed of Assignment

• Contract of Sale

• Allocation Letter (for estates)

• Development approvals

• Payment receipts

• Company registration details

• Seller identification

Every property is different, so document requirements may vary depending on the transaction.

Understanding C of O Verification

The Certificate of Occupancy (C of O) is one of the strongest forms of land title in Lagos.

However, possession of a document alone does not automatically confirm its authenticity.

Professional verification helps confirm:

• Registration details

• Ownership records

• Property description

• Existing encumbrances

• Chain of ownership

Independent verification through the relevant Lagos land authorities before completing payment is widely recommended.

Secure Installment Payment Plans

Many reputable developers now offer flexible payment plans.

Common options include:

• 3 months

• 6 months

• 12 months

• 18 months

• 24 months

• 36 months

• Longer plans for selected developments

Before committing, always understand:

• Initial deposit

• Monthly obligations

• Interest (if any)

• Default terms

• Handover schedule

Safe International Payment Options

Diaspora investors often ask how they can safely transfer funds.

Depending on the developer and transaction structure, payments may be accepted through corporate domiciliary accounts or other approved corporate banking arrangements.

Always confirm that payments are made to the verified company account stated in your transaction documents—not to personal accounts unless there is a legitimate documented reason. Independent legal and financial advice is recommended for cross-border transactions.