Legal Question in Real Estate Law in Nigeria
Selling Estate Land
Hi, I'm just curious on what the proccess is for selling Estate Land in Nigeria and what fees are associated with the sale. The reason is, is that I have a friend who is trying to sell some land there and I think that she might be getting scammed into paying some TFP ( Tax Fund Property ) Please Advice!!
Asked on 4/24/07, 11:25 pm
1 Answer from Attorneys
Okey Onyekanma
Inns Law Firm
Re: Selling Estate Land
A sale of land in Nigeria is carried on just like any other transaction. A payment of 10% legal?agency fees would be paid after trhe sale had been completed.
This is the only fees she is required to pay
Answered on 4/25/07, 4:08 am