Best Real Estate Lawyers in Ikoyi
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List of the best lawyers in Ikoyi, Nigeria
Nigeria Real Estate Legal Questions answered by Lawyers
Browse our 14 legal questions about Real Estate in Nigeria and read the lawyer answers, or ask your own questions for free.
- If my landlord increases my rent without my agreement and gives 15 days to move out what should I do
- My rent expired last year to be renewed this year, and upon renewal my landlord increased the rent without my consent and gave me 15 days to pack out.
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Lawyer answer by Dallah Law firm
Do not call the landlord, but instead write a letter to him telling him it is illegal to unilaterally increase rent without discussing it with you and that the said 15days notice is illegal and void and that if he...
Read full answer - Land buyer intimidating
- I sold land to someone he paid 1.5m remaining 500000 thousand i only gave part payment receipt to pay up ist week of this year but the buyer did not comply i called again he said i should give him a week he still did not pay and other buyers... Read more →
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Lawyer answer by P.O OHIKHENA & Co
Good day, As I see it, you have three options- You can contact a lawyer to write a letter of demand to him to pay the balance within a period of time, while informing him that the land still belongs...
Read full answer - Increment of ren
- Please i need your legal advice Some of my tenants were severed notice to quit one month and later seven days because they are owing and our tenancy agreement says so. but they don't want to give up possession, and I don't want this lengthy court process All i want... Read more →
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Lawyer answer by WALDEN WEZINA LAW FIRM (WALZINA CHAMBERS)
serving a notice to quit means the tenancy has been terminated; all that is left is for possession to be recovered. Legally speaking, you cannot increase the rent of a tenant whose tenancy you have terminated; the right process would...
Read full answer
About Real Estate Law in Ikoyi, Nigeria
Real Estate in Ikoyi, Nigeria is a vibrant and fast-growing sector. Ikoyi, located in Lagos State, is known for its upscale neighborhoods and luxury properties. Real Estate law governs the rights and responsibilities of individuals and entities involved in buying, selling, leasing, and developing properties in Ikoyi.
Why You May Need a Lawyer
Seeking legal advice is crucial in various situations related to Real Estate in Ikoyi. Some common scenarios where you may need a lawyer include:
- Buying or selling property
- Drafting or reviewing lease agreements
- Resolving property disputes or boundary issues
- Obtaining permits for property development
- Negotiating contracts with contractors or tenants
Local Laws Overview
It is essential to be aware of key aspects of local laws that are particularly relevant to Real Estate in Ikoyi. Some important points to note include:
- The Land Use Act of 1978 is the primary legislation governing land transactions and ownership rights in Nigeria.
- Property transactions often involve obtaining a Certificate of Occupancy (C of O) from the Lagos State Government.
- Lease agreements must adhere to the Tenancy Law of Lagos State, which provides rights and obligations for both landlords and tenants.
- Investors and developers should be familiar with regulations and procedures for obtaining planning and building permits from relevant authorities.
Frequently Asked Questions
1. Can foreigners own property in Ikoyi?
Yes, foreigners can own property in Ikoyi. However, it is advisable to seek legal advice to ensure compliance with regulations and understand any restrictions that may apply.
2. What is the process of purchasing property in Ikoyi?
The process typically involves conducting due diligence, negotiating the purchase agreement, and registering the transfer of ownership at the Lagos State Land Registry. It is highly recommended to engage a lawyer who specializes in Real Estate to guide you through each step.
3. What are the rights and responsibilities of landlords and tenants?
The rights and responsibilities of landlords and tenants are defined by the Tenancy Law of Lagos State. It covers areas such as rent payment, property maintenance, eviction procedures, and tenant rights. Consulting a lawyer can help ensure that your rights are protected and obligations are understood.
4. How can I resolve a property dispute in Ikoyi?
If you encounter a property dispute, it is advisable to engage in alternative dispute resolution methods such as negotiation, mediation, or arbitration. If these methods are unsuccessful, you may need to seek legal recourse through the appropriate courts.
5. Are there any tax obligations associated with Real Estate in Ikoyi?
Yes, Real Estate transactions and ownership may have tax implications. It is recommended to consult with a lawyer or a tax professional to understand the specific tax obligations related to your situation.
Additional Resources
For more information and assistance, you can refer to the following resources:
- Lagos State Ministry of Housing - Website
- Lagos State Land Bureau - Website
- Lagos State Real Estate Regulatory Authority - Website
- Nigerian Bar Association, Ikoyi Branch - Website
Next Steps
If you require legal assistance with Real Estate in Ikoyi, Nigeria, consider taking the following steps:
- Contact a reputable law firm specializing in Real Estate law in Ikoyi.
- Arrange an initial consultation to discuss your specific needs and concerns.
- Provide relevant documents and information requested by the lawyer.
- Follow the legal advice provided and engage in any required processes or actions.
- Regularly communicate and update your lawyer throughout the process.
Lawzana helps you find the best lawyers and law firms in Ikoyi through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Real Estate, experience, and client feedback.
Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters.
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Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation.
We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.
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