Business
Estate Surveyor Cautions Property Buyers
As a way to avert con
troversial acquisition of land and property, a real estate practitioner in Port Harcourt, Morgan Amakiri has urged those who want to acquire land to ensure that they verify the true status of the land, as well as consult an estate surveyor before going into any transaction.
He said that some people have lost reasonable sums of money and properties because they did not consult experts on land acquisition and did not do proper verification on the land before transaction was consummated.
Speaking in an interview with The Tide Monday, Mr. Amakiri, who is a Fellow of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), said that some people had unknowingly bought land that had been sold to someone else.
He said such situation had landed them into unnecessary and prolonged litigation with some eventually ending in loss of such land, adding that such mistakes would have been avoided, if proper caution was taken to contact a professional.
NIESV fellow explained that there are procedures for land acquisition which he said begins when the two parties (buyer and seller) agree on the terms and the place is surveyed.
On housing provision, he urged Rivers State government to come up with a yearly specific number of houses to be built for the low income earners.
He said if 500 to 1,000 houses are built for public servants every year, that in 10 years, the issue of home ownership for them will drastically be reduced.
Corlins Walter