Ercaan Kwara State Chapter

24/05/2025

16/03/2025

ERCAAN Strengthens Ties with Kwara State Housing Corporation to Enhance Real Estate Practice

In a bid to further solidify its collaboration with the Kwara State Housing Corporation, the Estate Rent Commission Agents Association of Nigeria (ERCAAN), Kwara State Chapter, paid a strategic courtesy visit* to the corporation yesterday. The delegation, led by the State Chairman, Hon. Adewole Onibokun (EFA), alongside four other executives, engaged in high-level discussions aimed at fostering a more structured and professional real estate practice in the state.

The open-door meeting, presided over by the General Manager of the Kwara State Housing Corporation, ESV Ibrahim Ramat, alongside senior officials of the corporation, centered on enhancing regulatory compliance, streamlining property transactions, and facilitating the formal registration of ERCAAN members under the corporation.

In her address, the GM emphasized the importance of professionalism, ethical standards, and due diligence in the real estate sector. She encouraged ERCAAN members to uphold integrity in property transactions, stressing that a well-regulated real estate sector contributes significantly to urban development and economic stability. She also reaffirmed the corporation’s commitment to supporting ERCAAN in its mission to promote standard real estate practices across Kwara State.

Senior officials of the corporation provided insights into the agency’s objectives, policies, and frameworks, underscoring how ERCAAN can complement government efforts in transforming Kwara State into a real estate investment hub. They also highlighted the numerous benefits of the collaboration, including access to verified property listings, legal protections for agents and clients, and increased opportunities for professional development.

The one-hour meeting, held between 1:00 PM and 2:00 PM, had a total of 12 participants in attendance. Both parties expressed optimism that the strengthened partnership will lead to a more structured, transparent, and investor-friendly real estate sector in Kwara State.

This engagement marks another milestone in ERCAAN’s continued efforts to advance real estate professionalism, enhance regulatory adherence, and create a conducive environment for property transactions in the state.

10/07/2024

If you have a Land in an Open place that is good for commercial purpose, Atanda will advise that you go and Get a Mortgage L0an for your Land immediately.
Don't build house for Rent ooo, instead Build 10 to 20 Shops

Start Collecting Rent immediately in addition to your own m0ney..
Within few years you will clear the mortgage L0an and have stylishly set up yourself for w£alth

Because your pr0perty will continue to pay you, feed you and take care of you.

Building shops is very pr0fitable and your tenant won't even stress you at all.

If their roof is leaking, they won't even call you. Dem go fix by their self
They will add additional value to your building.

When you increase rent, they will not love to loose customers they have gotten, chai...they will gladly pay

Chai...this is one of the beautiful ways to be a Successful Landlord in any other city..with Rest of mind 100%

Ignorance of the law is not an excuse

Copied

30/06/2024

With a budget of excluding cost of land you can achieve this.
Reach out to any of our registered member

30/06/2024

𝐌𝐄𝐀𝐍𝐈𝐍𝐆 𝐎𝐅 𝐋𝐀𝐍𝐃 𝐃𝐎𝐂𝐔𝐌𝐄𝐍𝐓𝐒, 𝐓𝐘𝐏𝐄𝐒 𝐀𝐍𝐃 𝐓𝐇𝐄𝐈𝐑 𝐔𝐒𝐄𝐒.

𝐖𝐇𝐀𝐓 𝐀𝐑𝐄 𝐋𝐀𝐍𝐃 𝐃𝐎𝐂𝐔𝐌𝐄𝐍𝐓𝐒?

Land documents refer to the various legal instruments or documents that are used to establish and transfer ownership rights of landed property.

In Nigeria, we have alot of land documents affecting the transfer of land ownership and legal interest in a property. As a realtor and client it's necessary to get acquainted with these documents.

All documents are not mandatory or relevant to all properties, an appropriate document for any property transaction will be determined by the nature or circumstance of the property.

✅ 𝐏𝐔𝐑𝐂𝐇𝐀𝐒𝐄 𝐑𝐄𝐂𝐄𝐈𝐏𝐓

A land purchase receipt is a normal receipt or document reflecting the receipt of payment for a particular property or land. The seller issues the receipt to the buyer. However, the receipt does not transfer the title of the land.

✅ 𝐂𝐎𝐍𝐓𝐑𝐀𝐂𝐓 𝐎𝐅 𝐒𝐀𝐋𝐄 𝐎𝐅 𝐋𝐀𝐍𝐃:

This documents is used to show an agreement of sale of land from the seller to the buyer. It is relevant when any property is being purchased by anyone. It is not an instrument of township, and must be preceded with other document transferring title in the applicable property.

✅ 𝐒𝐔𝐑𝐕𝐄𝐘 𝐏𝐋𝐀𝐍:

A survey plan is used to show the location and size of landed property. With the descriptions and coordinates on the survey document, it is easier to check or search from the office of the Surveyor-General whether the land is actually under any government acquisition or not. It most times called registered survey.

✅ 𝐃𝐄𝐄𝐃 𝐎𝐅 𝐀𝐒𝐒𝐈𝐆𝐍𝐌𝐄𝐍𝐓:

Deed of Assignment or Deed of Conveyance is used in sales transactions to permanently transfer a landed property from the seller (also known as assignor) to the buyer (also refers to as assignee). It must be drafted by a lawyer, signed by the seller, buyers and their witnesses. In a simpler terms, it transfers the title or ownership of the land or property from the seller to the buyer. Without a deed of assignment you don't own the land.

✅ 𝐂𝐄𝐑𝐓𝐈𝐅𝐈𝐂𝐀𝐓𝐄 𝐎𝐅 𝐎𝐂𝐂𝐔𝐏𝐀𝐍𝐂𝐘 (𝐂 𝐨𝐟 𝐎):

This is usually issued by the state government, indicating that a person owns a parcel of land or property. It is issued to individuals or companies. State governments also give it to the allottee of the government's land. An Individual who subsequently takes over land by way of sale does not require a new certificate of occupancy but rather a deed of assignment with the governor's consent.
This document last for 99 years, and can be renewed.

✅ 𝐃𝐄𝐄𝐃 𝐎𝐅 𝐌𝐎𝐑𝐓𝐆𝐀𝐆𝐄:

Deed of mortgage is actually used in mortgage transactions to show that land or property has been transferred from the mortgagor (borrower) to the mortgagee (lender). It is a temporary transfer in the sense that the mortgagor shall be entitled to retrieve this property back from the lender when the total loan amount, together with the accrued interest, has been paid.

✅ 𝐃𝐄𝐄𝐃 𝐎𝐅 𝐆𝐈𝐅𝐓:

It is a document that proves that land or property has been gifted from one person (Donor) to another (Donee). A deed of gift can be used to transfer interest in a landed property.

✅ 𝐉𝐔𝐃𝐆𝐄𝐌𝐄𝐍𝐓 𝐎𝐅 𝐂𝐎𝐔𝐑𝐓:

The judgment of a court is another essential document which may affect or transfer an interest in a specific property from one person to another. In Nigeria, the legal interests in several properties have been transferred from one person to another through the decisions of various courts. When property ownership has been derived through litigation or any property has been subjected to a lawsuit, it is essential to examine the full decision of the court in respect of such property by obtaining a copy of the judgement.

𝑰 𝒉𝒐𝒑𝒆 𝒚𝒐𝒖 𝒍𝒆𝒂𝒓𝒏 𝒂𝒍𝒐𝒕 𝒕𝒐𝒅𝒂𝒚.

Be mindful that the knowledge of Real Estate papers/documents determines your prosperity in real estate.
For your site inspection booking

Reach out to any registered ERCAAN member

28/06/2024

I b0ught a Land 5 yrs ago and i have built three bed room on it and am living there with my family.

Atanda, i was planning to prepare the C of O only to discover that another person has gotten the C of O of my land 9 yrs ago.

Atanda, pls what can i do at this point?

My Reply;

Hmmmm.
Oga, make Atanda just tell you the plain truth.

You don enter one chance.
You don go build h0use on top another person Land.
In fact, you never build h0use o, because the 0wner of the land is the 0wner of the house under the Law.
So at this point, you need to find the real 0wner with the C of O and Buy the Land from him officially again, but that is if he agrees to sell it o.

If e say No. Say him no dey sell.
Just go and remove your h0use from his Land.
That's all

This is why i do tell people that before you buy Land from Omonile or R£al Estate C0mpanies.
Take the Land information to the Bureau of Land in your state to do your own personal research about the Pr0perty.

Na there the whole secret go come out.

Forget the sweet mouth from Ominile and R£al Estate C0mpanies ooo.
E dey face main road
E dey close to Dangote R£finery 😁
E dey close to Airport. 😁
E dey close to A*o Rock 😁
15 minutes walk way to General H0spital

If you refuse to do proper research Before buy!ng from them.
You go discover say, e dey close to the Bur!al Ground wey dem go bury you las las

Ignorance of the law is not an excuse

04/06/2024

ERCAAN Endorses Kwara State’s Smart City Initiative

The Estate Rent Commission Agent Association of Nigeria (ERCAAN) proudly supports the Kwara State government's visionary "Smart City" project. This transformative initiative promises to revolutionize our real estate landscape, enhance urban living, and attract unprecedented investment opportunities.

As key stakeholders in the real estate sector, we recognize the immense potential of a Smart City in driving sustainable development, improving infrastructure, and elevating the quality of life for all residents. We are committed to collaborating with the government to ensure the successful realization of this ambitious project.

Together, we can build a smarter, more prosperous future for Kwara State.

ERCAAN stands ready to contribute its expertise and resources to this groundbreaking endeavor. Let’s embrace this opportunity to create a modern, innovative, and thriving urban environment for generations to come.

Copyright ERCAAN Secretariat

02/06/2024

ERCAAN Kwara State Chairman Hon Adewole Onibokun at Ogidi-Oloje zone, Ilorin, Kwara State