Land Properties

When purchasing land through Herpavilion Estates, you should expect to receive several essential documents including: Certificate of Occupancy (C of O), Deed of Assignment, Survey Plan, Land Use Approval, Tax Clearance Certificate, and Receipt of Purchase. The specific documents may vary depending on the property and location, but we ensure all our lands come with proper documentation to secure your investment.

To verify land documents, you should conduct proper due diligence including: verifying the Certificate of Occupancy at the Land Registry in the state where the property is located, checking for encumbrances, conducting a physical inspection of the land, and consulting with a real estate lawyer. At Herpavilion Estates, we assist our clients throughout this verification process to ensure transparency and security.

A Certificate of Occupancy (C of O) is issued by the government and represents the highest form of land ownership in Nigeria. It certifies that the government has granted the holder rights to use the land for a specified period (typically 99 years). A Deed of Assignment, on the other hand, is a document that transfers ownership rights from one person to another. If you purchase land from someone who has a C of O, they will give you a Deed of Assignment, which you can then use to apply for your own C of O.

The time to process land documentation varies by state and document type. A Deed of Assignment can be prepared within a few days, while obtaining a new Certificate of Occupancy can take anywhere from 3 months to 2 years depending on the state and the efficiency of the land registry. At Herpavilion Estates, we work diligently to expedite this process and keep you informed throughout the documentation journey.

Yes, Herpavilion Estates offers flexible payment plans for land purchases. Our standard payment plans range from 3 to 18 months, depending on the property and location. We require an initial deposit (typically 30-50% of the total cost), with the balance spread over the agreed period. Custom payment plans can also be arranged based on your financial situation and needs.

When purchasing land, additional costs typically include: legal fees (5-10% of the property value), survey plan (if not already included), stamp duty (1.5% of the property value), registration fees (varies by state), development levy (for estate properties), and in some cases, agency fees. At Herpavilion Estates, we provide a transparent breakdown of all costs involved in your land purchase to avoid surprises.