By Mr Tayo Razaq (CEO Jemras Homes)
Lagos is Nigeria’s most dynamic real estate market, offering unmatched opportunities for homeowners and investors alike. But alongside its promise lies peril. The state has also earned a reputation as the nation’s top hotspot for real estate fraud, with billions lost annually to scams ranging from fake title documents to “Omonile” property disputes.
Consider the experience of Segun, a young tech professional. After saving diligently for years, he purchased a property in Lagos only to discover, months later, that three other buyers had receipts for the same property. What began as his dream investment quickly turned into a nightmare of endless litigation and sleepless nights. Sadly, Segun’s story is not unique.
To avoid such costly mistakes, real estate experts recommend seven essential steps every buyer must take before closing a deal.
1. Verify Ownership & Title Documents
Never rely on photocopies or verbal assurances. Confirm the Certificate of Occupancy (C of O), Governor’s Consent, or other title documents directly with the Lagos State Land Registry. This step validates ownership and protects against multiple claims.
2. Guard Against “Omonile” Fraud
Land disputes involving traditional family representatives (“Omonile”) remain a major risk. Always insist on formal documentation and avoid transactions based solely on community or family claims.
3. Avoid Unrealistic Offers
If the price looks too good to be true, it usually is. Scammers often lure unsuspecting buyers with heavily discounted plots in prime areas, only for hidden disputes to surface later.
4. Vet Agents & Agencies
Work exclusively with registered and accredited estate agents. Ask to verify their office addresses, and seek references before committing funds.
5. Inspect the Property On-Site
Do not rely on pictures or maps alone. Visit the site with a licensed surveyor to confirm boundaries, ensure there are no encroachments, and verify that the property exists as advertised.
6. Secure a Proper Deed of Assignment
After purchase, ensure you obtain and register a Deed of Assignment, backed by the a registered title. This legally transfers ownership and makes your investment defensible in court.
7. Partner with Trusted Professionals
Perhaps the most important step: engage experienced real estate firms with a track record of delivering verified, documented, and dispute-free properties.
Jemras Homes: Your Safer Path to Property Ownership
Navigating Lagos real estate alone can be risky. That’s why Jemras Homes has become the go-to partner for safe, transparent property investments. With verified titles, full regulatory approvals, and a reputation for integrity, Jemras ensures that buyers enjoy peace of mind in an often chaotic market.
Two current investment opportunities include:
• Treasure 2 Residence (Abijo GRA, Lekki): Modern 2-bedroom apartments designed for families and first-time homeowners.
• Treasure Mall (Abijo GRA, Lekki): A premium commercial hub offering steady rental income and long-term capital appreciation.https://jemrasng.com/treasure-mall/
Both developments are fully documented, free from Omonile interference, and backed by government approvals.
Why This Matters Now
As Lagos expands, so do real estate scams. Buyers who cut corners risk financial loss, legal battles, and emotional strain. Partnering with a trusted firm like Jemras Homes means more than buying property it means securing safety, trust, and a legacy for the future.
Begin your secure investment journey today at Jemrasng.com