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Yearly Archives: 2017

EASE OF DOING BUSINESS: LANDS BUREAU HARMONISES FEES

The Lagos State Lands Bureau, through the Directorate of Land Services, has harmonized its demand notice/assessment letter to encompass all fees payable for Governor’s Consent in the State. A statement released by the Special Adviser on Urban Development, Mrs. Yetunde Onabule said the harmonization is part of the ongoing efforts to improve the Ease of Doing Business relating to land …

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LAND USE AND ALLOCATION COMMITTEE

FEES/RATES/CHARGES PARTICULAR SCALE OF CHARGES Allocation cost 65% of FMV of the land and building as contained in the Lagos State of Nigeria Official Gazette No. 10, Vol. 48, dated 5th February, 2015 BREAKDOWN(GENERAL SCHEME)   Premium 60% of  the FMV Capital Contribution 25% of the FMV Survey Fee 5% of the FMV Ground Rent 1% of the FMV Stamp …

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Directorate of Land Registry

FEES/RATES/CHARGES S/N PRODUCT CHARGES 1. SEARCH N3,750.00 2. CERTIFIED TRUE COPY N5,625.00 3. SURVEY PLAN FOR C.T.C OF DEED N1,875.00 4 FOR C.T.C. OF TITLES N5,625.00 5 COMPOSITE PLAN N37,500.00 6 WITHDRAWAL OF CAUTION FREE 7 REGISTRATION OF COURT JUDGEMENT/ ORDER N15,000.00 8 MEMORANDUM OF LOSS N18,750.00 9 DEED OF SURRENDER N18,750.00 10 MORTAGES 0.5% OF THE  PROPERTY 11 RELEASE …

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DIRECTORATE OF LAND REGULARISATION

FEES/RATES/CHARGES FEES/RATES/CHARGES PARTICULAR SCALE OF CHARGES PREMIUM 25% of the assessed value rate derived  from the Fair Market Value ANNUAL GROUND RENT 0.1% of the Premium DEVELOPMENT CHARGES 2% of the Premium STAMP DUTY FEES 0.5% of the Premium REGISTRATION 0.5% of the Premium NTDA FEE 2.0% of the Premium

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DIRECTORATE OF LAND SERVICES

FEES/RATES/CHARGES   PARTICULAR SCALE OF CHARGES CONSENT CONSENT FEE 1.5% of Fair Market Value   CGT 0.5% of Fair Market Value   STAMP DUTY 0.5% of Market value   REGISTRATIONFEES 0.5% of Fair Market Value       RECTIFICATION OF LAND TITLES RECTIFICATION FEE 0.75% of Fair Market Value   REGISTRATION FEE 0.375% of Fair Market Value   STAMP DUTY …

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FREQUENTLY ASKED QUESTIONS

FREQUENTLY ASKED QUESTIONS? DIRECTORATE OF LAND SERVICES Question 1: How do I go about processing Governor’s consent on Land in the State? Answer: You can process consent on land in Lagos State through an application with the following documents attached: Duly completed Land Form 1c (Sworn to) Certified True Copy (CTC) of root of title Deed/Instruments of transfer (3Nos.) with …

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LANDS BUREAU PENDING DISPUTES

LANDS BUREAU PENDING DISPUTES SUMMARY OF LAND/PROPERTY DISPUTES INVOLVING LAGOS STATE (2013-2017)     2017                                22 2016                                46 2015                                46 2014                                78 2013                                20 TOTAL                        212 AVERAGE NO OF DISPUTES PER YEAR         53 AVERAGE NO OF DISPUTES PER MONTH    5.047

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LASG ISSUES 821 ELECTRONIC CERTIFICATES OF OCCUPANCY IN 5MONTHS

The Lands Bureau, Governor’s Office, has so far issued 821 E – C of O to property owners in Lagos State, its Special Adviser, Urban Development, Mrs. Yetunde Onabule said recently. Onabule told media correspondents that His Excellency, Mr. Akinwunmi Ambode, is passionate about obtaining C of O with ease in the present cosmopolitan State of Lagos. As such, he …

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