Lands Bureau – Lagos State Government
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 duty | 2% of the FMV |
| Registration and Conveyance | 3% of the FMV |
| Administrative Charges | 1% of the FMV |
| Development Charges | 3% of the FMV |
KEY-: FMV= Fair Market Value
(DEEMED GRANT CONSENT PROCESSING)
| PARTICULAR | SCALE OF CHARGES |
| CONSENT FEE | 1.5% of the FMV |
| PUBLICATION FEE | N10,000 |
| STAMP DUTY | .75% of the FMV |
| REGISTRATION FEE | .75% of the FMV |
KEY:- FMV=Fair Market Value