Sep 12, 2023
Etiti blogger
Protecting your Investment against fraud
In these uncertain times, ensuring your investments or property purchases are conducted with the utmost legitimacy is of paramount importance. With incidents of land grabbers and fraudsters persisting due to insufficient preventative measures by authorities, the responsibility falls on your shoulders to safeguard against becoming a victim. When considering the acquisition of a property, it is imperative to follow these three essential steps:
- Request Official Government Documentation: In locations such as Abuja, the sole authority responsible for issuing and validating land documents is AGIS (Abuja Geographic Information System). Therefore, when contemplating a property purchase, insist on obtaining this official document and proceed to verify it exclusively at the designated office of the government agency.
- Demand Building Approval: Every structure must obtain approval for development, typically granted by a distinct government agency (in Abuja, this is known as Development Control). Do not consider purchasing any physical building that lacks such approval, and ensure verification with the relevant government agency.
- Verify Ownership: Possession of correct documentation does not guarantee legal ownership or the right to sell a specific piece of land or property. It is crucial to cross-check the name on the government document and confirm that the person selling the property is the legitimate owner, as verified by the government agency during your validation process.
These three straightforward steps serve as a robust defense against various forms of fraud. However, some individuals possess a high degree of skill in crafting intricate paperwork and weaving elaborate narratives. If you ever harbor doubts, do not hesitate to seek assistance from a qualified professional. Our company is at your service for all real estate-related consultancy needs, drawing upon our extensive experience to ensure your protection. Feel free to contact us anytime for expert guidance and support.
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