Saturday, 20 May 2017

Buying a Landed Property in Your Child's Name?


"A good man leaves an inheritance for his  children’s children"~ A Jewish Proverb
The greatest asset one can give to one’s child/children is education I must have heard this over a million times (pardon my exaggeration) from the man on the street to our country’s policy makers.
I kind of agree because knowledge is power and education be it formal or informal is key to human development but how about leaving tangible asset such as lands and houses for them? 

Your children can actually own landed properties You can buy and register the titles  in their names!

According to section 47 of the land Registration Act, a child can be officially registered as the owner of any type of landed property in Nigeria. The Land Act under section 27 provides that a child is capable of holding title to land through trustee.
These two property laws offers children the rights to own landed properties but they both also restricts  a child’s power to transact. That is a child can own property but do not have power to conduct a personal transaction (Sell or lease) the landed property. 

When a property is bought or registered in your children’s name or willed to them by a late parent, guardians or trustees are to be appointed to administer the estates on their behalf until they are 18 years old.

Plant a tree for your child today and you will have him/her sit under a shade tomorrow.

The journey starts now! Take advantage of these amazing offers today :
 
ORANGEVILLE ESTATE,
Location: Ogombo by Abraham Adesanya
Price: #9.5M/Plot
Title: C of O

ARIUM ESTATE
LOCATION: Abijo GRA, Ajah
Price: #7M/Plot (Promo Price)
Title: C of O

 WESTWOOD ESTATE PH. 2
Location: off Monastery Road, Songotedo.
Price: #12M/Plot
Title: C of O

FLOURISH ROYAL  GARDEN PH.2 
Location:2 minutes after La Campagne Tropicana
Price:#1.8M/Plot
Title: Excision and Registered Survey

GRACEVILLE EXTENSION
Location: Along LFTZ road,Opposite Ibeju/Lekki LCDA Secretariat,Oju Oto town  
Price:#3M/Plot
Title: Gazette

ROYAL HAVEN GARDEN, MOWE
Location: 10 minutes drive from RCCG  Redemption Camp
Price: #700k/plot
Title: Registered Survey/ C of O in process

CASAVILLA ESTATE, MAGBORO.
Location: Behind Punch Estate and Before MFM along Lagos Ibadan Expressway,
Title: C of O
Price: #3M/Plot
Houstrip Global    0809 316 5249

No comments:

Post a Comment