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Plot 110, Ogombo Road, Behind Lekki
Scheme 2, Ajah Lagos.
info@dukangroup.com
+234 805 057 9321
Websites:
www.dukangroup.com
www.dukanlistng.com
www.vinofacility.com
Dukan George Limited
LANDS, DOCUMENTATION & INVESTMENT
DECISION IN REAL ESTATE
REAL ESTATE
COMMONLY USED
TERMS & MEANINGS
TYPES LAND DOCUMENTATION
Land Documents: Formal piece of writing that provides information or acts as a record of
events; they include:
Survey Plan
Excision
Gazette
Deed of Assignment OR Registered Conveyance
Certificate of Occupancy (C of O)
Governor’s Consent
SURVEY PLAN
Gives an accurate measurement and description of a land boundary
A survey plan must contain the following information: 
The name of the owner of the land surveyed
The Address or description of the land surveyed
The size of the land surveyed
The drawn out portion of the land survey and mapped out on the survey plan document
The beacon numbers
The surveyor who drew up the survey plan and the date it was drawn up
A stamp showing the land is either free from Government acquisition or not
EXCISION
Excision
A portion of land, legally free from govt. acquisition & documented in a state/federal
govt. gazette to indigenous settlers (Villagers)
Thus, C of O could be easily processed on such property.
GAZETTE
A govt. official record book of locations or areas acquired by govt., or released to
communities or a families
FUNCTIONS OF A GAZETTE
It shows the communities or villages that have been granted excision
It determines the area of a land i.e. the number of acres or hectares of land excised
It gives the coordinates e.g. the Beacon Numbers
Can replace a Certificate of Occupancy (C of O) to grant title to theVillagers.
DEED OF ASSIGNMENT
Deed Of Assignment
A legal document that transfers a land/property title, right of interest to someone else.
A deed must to be recorded in the land registry to show a legal proof of transfer.
 Deed of Assignment comes with a Governor Consent OR Registered Conveyance
CERTIFICATE OF OCCUPANCY (C OF O
Certificate of Occupancy (C of O)
A certificate which officially leases all State’s land to applicant for 99yrs
An officially recognized Document for demonstrating Right to a Land/Property.
Given, ONCE ONLY, to the first person on aVirgin Land devoid of govt. acquisition.
Can be used as a collateral to finance another project.
Prevents a situation where a single property is claimed by multiple owners
GOVERNOR’S CONSENT
 A legal document that subsequent land/property buyers
MUST obtain before transaction.
 Servers as a legal document to directly transfer a
land/property title, right or interest to another without going
to the “Omoniles or Family Baale” to sign your deed and Form
1c.
LAND TYPES
Dukan George Limited
 UNEP defines dry-lands as tropical and temperate areas with an aridity index of less
than 0.65 (A numerical indicator of the degree of dryness of the climate at a given location.)
 Its completely sandy
 Drylands are zones where  precipitation is balanced by evaporation from surfaces and
transpiration by plants i.e.
Precipitation = Evaporation +Transpiration (evapotranspiration)
 Characterize by scarcity of stagnant water.
 Absorb rain water effortlessly
DRY LAND
Dukan George Limited
 Transitional zone between land & water
 Water (Usually Shallow) may be either stagnant or running
 Serves as habitat to wildlife
 Lands with sparsely low amount of stagnant water
 Capable of draining swiftly devoid of human effort.
 Less expensive vis-à-vis dryland
  It takes the characteristics of a distinct ecosystem
WET LAND
Dukan George Limited
 Known also as a forested wetland.
 Land inundated with shallow water body
  Occur along large rivers & used 4 conservations
 Depends critically on natural water level fluctuations
 Potentially viable for reclamation or sand filling
 Needs a solid RAFT Foundation to sustain a building
 Swamps have no real effect on well constructed building
 Have a “low property” valuation vis-à-vis dry-land
 Require reclamation to increase land area for more infrastructure
SWAMPY LAND
Dukan George Limited
 Lands with prolonged flooding – Some Permanent
 Undrained built-up of underground-water in a soil.
 Requires dredging for human use.
WATER-LOGGED LAND
TIMING & SEASON FOR LAND
INVESTMENT
Dukan George Limited
WHY YOU SHOULD BUY LAND DURING THE
RAINING SEASON
 To capture a true reflection of the terrain e.g. quality of gutters
 Rain will reveal any drainage issues on the land
 It’s an opportunity to bargain
 Decipher which side of the land gets the worst of the weather (Rain)
 You can check how surrounding infrastructure handles the bad weather
 It guides you financially
 Ascertain the proposed foundation type to set-up
ECONOMIC BENEFITS OF INVESTING IN REAL ESTATE
It expand your capital base
Real estate has a predictable cash flow (Financial leverage)
Used as loan collateral (entrepreneur’s biggest obstacles)
Provide huge investment returns (appreciates in value)
Low risk investment vis-à-vis stock market crashes
Real estate coincides with retirement
Phase 1
Vino Estado
Phase 2
Phase 3
Phase 4
Phase 5
Sold out
http://www.mobusproperty.com/buy-home-rainy-season-part-1 &2/
http://home.howstuffworks.com/real-estate/buying-home/10-things-to-know-before-
buying-a-vacant-lot2.htm
https://en.wikipedia.org/wiki/Swamp
https://customs.org.ng
https://www.rhs.org.uk/advice/profile?PID=235
http://www.yourarticlelibrary.com/water/waterlogging/waterlogging-definition-causes-
effects-with-statistics/61000/
Dukan George Limited
REFERENCE

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Lands, documentation & investment decision in real estate

  • 1. Plot 110, Ogombo Road, Behind Lekki Scheme 2, Ajah Lagos. info@dukangroup.com +234 805 057 9321 Websites: www.dukangroup.com www.dukanlistng.com www.vinofacility.com
  • 2. Dukan George Limited LANDS, DOCUMENTATION & INVESTMENT DECISION IN REAL ESTATE REAL ESTATE COMMONLY USED TERMS & MEANINGS
  • 3. TYPES LAND DOCUMENTATION Land Documents: Formal piece of writing that provides information or acts as a record of events; they include: Survey Plan Excision Gazette Deed of Assignment OR Registered Conveyance Certificate of Occupancy (C of O) Governor’s Consent
  • 4. SURVEY PLAN Gives an accurate measurement and description of a land boundary A survey plan must contain the following information:  The name of the owner of the land surveyed The Address or description of the land surveyed The size of the land surveyed The drawn out portion of the land survey and mapped out on the survey plan document The beacon numbers The surveyor who drew up the survey plan and the date it was drawn up A stamp showing the land is either free from Government acquisition or not
  • 5. EXCISION Excision A portion of land, legally free from govt. acquisition & documented in a state/federal govt. gazette to indigenous settlers (Villagers) Thus, C of O could be easily processed on such property.
  • 6. GAZETTE A govt. official record book of locations or areas acquired by govt., or released to communities or a families FUNCTIONS OF A GAZETTE It shows the communities or villages that have been granted excision It determines the area of a land i.e. the number of acres or hectares of land excised It gives the coordinates e.g. the Beacon Numbers Can replace a Certificate of Occupancy (C of O) to grant title to theVillagers.
  • 7. DEED OF ASSIGNMENT Deed Of Assignment A legal document that transfers a land/property title, right of interest to someone else. A deed must to be recorded in the land registry to show a legal proof of transfer.  Deed of Assignment comes with a Governor Consent OR Registered Conveyance
  • 8. CERTIFICATE OF OCCUPANCY (C OF O Certificate of Occupancy (C of O) A certificate which officially leases all State’s land to applicant for 99yrs An officially recognized Document for demonstrating Right to a Land/Property. Given, ONCE ONLY, to the first person on aVirgin Land devoid of govt. acquisition. Can be used as a collateral to finance another project. Prevents a situation where a single property is claimed by multiple owners
  • 9. GOVERNOR’S CONSENT  A legal document that subsequent land/property buyers MUST obtain before transaction.  Servers as a legal document to directly transfer a land/property title, right or interest to another without going to the “Omoniles or Family Baale” to sign your deed and Form 1c.
  • 11. Dukan George Limited  UNEP defines dry-lands as tropical and temperate areas with an aridity index of less than 0.65 (A numerical indicator of the degree of dryness of the climate at a given location.)  Its completely sandy  Drylands are zones where  precipitation is balanced by evaporation from surfaces and transpiration by plants i.e. Precipitation = Evaporation +Transpiration (evapotranspiration)  Characterize by scarcity of stagnant water.  Absorb rain water effortlessly DRY LAND
  • 12. Dukan George Limited  Transitional zone between land & water  Water (Usually Shallow) may be either stagnant or running  Serves as habitat to wildlife  Lands with sparsely low amount of stagnant water  Capable of draining swiftly devoid of human effort.  Less expensive vis-à-vis dryland   It takes the characteristics of a distinct ecosystem WET LAND
  • 13. Dukan George Limited  Known also as a forested wetland.  Land inundated with shallow water body   Occur along large rivers & used 4 conservations  Depends critically on natural water level fluctuations  Potentially viable for reclamation or sand filling  Needs a solid RAFT Foundation to sustain a building  Swamps have no real effect on well constructed building  Have a “low property” valuation vis-à-vis dry-land  Require reclamation to increase land area for more infrastructure SWAMPY LAND
  • 14. Dukan George Limited  Lands with prolonged flooding – Some Permanent  Undrained built-up of underground-water in a soil.  Requires dredging for human use. WATER-LOGGED LAND
  • 15. TIMING & SEASON FOR LAND INVESTMENT
  • 16. Dukan George Limited WHY YOU SHOULD BUY LAND DURING THE RAINING SEASON  To capture a true reflection of the terrain e.g. quality of gutters  Rain will reveal any drainage issues on the land  It’s an opportunity to bargain  Decipher which side of the land gets the worst of the weather (Rain)  You can check how surrounding infrastructure handles the bad weather  It guides you financially  Ascertain the proposed foundation type to set-up
  • 17. ECONOMIC BENEFITS OF INVESTING IN REAL ESTATE It expand your capital base Real estate has a predictable cash flow (Financial leverage) Used as loan collateral (entrepreneur’s biggest obstacles) Provide huge investment returns (appreciates in value) Low risk investment vis-à-vis stock market crashes Real estate coincides with retirement
  • 18. Phase 1 Vino Estado Phase 2 Phase 3 Phase 4 Phase 5 Sold out