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Real estate law articles

Nigeria: House of Reps to investigate cement quality in the country

Added on 26th Feb 2014 ⋅ Posted in - Real estate law
The House of Representatives has begun plans to investigate the quality of cement produced in the country. The House resolved to investigate the allegations that some companies were producing substandard cement. The House???s decision followed a motion raised by Mr. Ibrahim El-Sudi expressing concern over the raging controversy on the high in... » Full story

Governor Fashola set to Regulate the practice of Estate Agency

Added on 21st Feb 2014 ⋅ Posted in - Real estate law
The era of real estate agents ripping off intending tenants will soon be over following the establishment of the Lagos State Real Agency Transaction Department (LASRETRAD) to tackle the housing challenge in the state and regulate the practice of estate agency. The department, which is under the Ministry of Housing, is expected to address issues ... » Full story

Supreme Court declines jurisdiction in Surulere property feud

Added on 17th Dec 2013 ⋅ Posted in - Real estate law
FOR non-conformity with the relevant law, the Supreme Court of Nigeria has struck out an appeal before it bothering on a deal over a property located at 52, Western Avenue, Surulere, Lagos involving a legal practitioner and the Nigerian Bar Association (NBA). The apex???s court verdict was however, not the final, as it directed the appellant to ... » Full story

NIESV stages MCPD, inducts 242 associate members

Added on 3rd Dec 2013 ⋅ Posted in - Real estate law
NO fewer than 242 newly qualified estate surveyors and valuers will be inducted by the Nigerian Institution of Estate Surveyors and Valuers (NIESV) in Abuja on Thursday. The induction will be preceded on December 4, by the Mandatory Continuing Professional Development (MCPD), a programme in the annual calendar of NIESV to bring members up... » Full story

Lagos unveils code of conduct for agency practice

Added on 3rd Dec 2013 ⋅ Posted in - Real estate law
TO ensure that estate agency practice is no longer an all-comers??? affair, the Lagos State Government has introduced a code of conduct for practitioners, which specifies the rule of practice, and punishment for defaulters. The document mandates that a registered agent transacting business must have operational business premises or office within... » Full story

Ogun unfolds homeowners??? charter scheme, sets August deadline

Added on 2nd Dec 2013 ⋅ Posted in - Real estate law
A NEW effort that will solve the problems surrounding lack of clearly-defined ownership of lands, unlock the potential of property owners to create wealth and enhance the development of Ogun state???s housing market is underwa. The new scheme known as Ogun State Homeowners??? Charter Programme is being promoted by Ibikunle Amosun administration ... » Full story

Licensing, legal oversight will end challenges in estate agency practice ??? Hatch

Added on 22nd Nov 2013 ⋅ Posted in - Real estate law
Estate agents, people or organisations that act as go-between for prospective tenants and landlords, or link property buyers to sellers in both rental and sales market, are regarded, all over the world, as critical elements of human settlement. The estate agency practice could, therefore, be said to be a noble enterprise, though one with enormou... » Full story

Appeal Court Reserves Ruling In Abuja Controversial Land Ownership Suit

Added on 19th Nov 2013 ⋅ Posted in - Real estate law
WILL a Court of Appeal, Abuja Judicial Division admit additional evidence or not in an on-going controversial land matter involving Ambassador Shehu Othman and Sir Emeka Ofor on one hand, and Mr. Imonhuede Ohikhuare over the ownership tussle on a choice property located at Plot No 1809, Cadastral Zone AO4, Asokoro, Federal Capital Territory (FCT), ... » Full story

Property Expert, NIESV Task Estate Agents On Negotiation Skills

Added on 8th Nov 2013 ⋅ Posted in - Real estate law
FOLLOWING the recent launch of an estate body to ensure highest standards in the housing industry; and studies that tipped property market in Nigeria as one of the emerging safe havens for international investors, practitioners are exploring new opportunities in agency practice, especially on ensuring effective personal and corporate promotion. ... » Full story

Dubai offers developers tax break for affordable hotels

Added on 14th Oct 2013 ⋅ Posted in - Real estate law
DUBAI is planning to give developers of mid-market hotels a financial incentive to build more affordable hotels in the emirate, which is best known for its luxury resorts. New hotel investors will be granted a fee waiver for four years from the date the construction permit is granted, as long as it is between October 1, 2013 and December 31, 201... » Full story
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