Safety Tips
Safety Tips Before Buying or Renting Homes in Nigeria
- Always inspect the property physically before making any payment.
- Avoid paying inspection fees or advance payments to unverified agents.
- Confirm the identity of the landlord, agent, or property owner before proceeding.
- Verify all property documents such as Certificate of Occupancy (C of O), Deed of Assignment, Survey Plan, or Governor’s Consent.
- Conduct a land or property search at the state land registry to confirm ownership and check for disputes.
- Ensure the account details for payment belong to the rightful owner or authorized company.
- Do not pay in full if you are not allowed immediate access or possession of the property.
- Request receipts and copies of all signed agreements after payment.
- Visit the area during both daytime and nighttime to assess security, flooding, traffic, and noise levels.
- Check important utilities such as electricity, water supply, drainage system, and road access before renting or buying.
- Ask neighbors questions about security, landlord behavior, and environmental issues.
- Be cautious of properties with unusually cheap prices compared to similar homes in the area.
- Work with trusted lawyers or reputable real estate professionals when handling transactions.
- Read tenancy agreements and contracts carefully before signing.
- Budget for extra costs such as agency fees, legal fees, caution fees, documentation, and maintenance charges.