GOVERNMENT ACQUISITION

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A land under Government acquisition is a land that has been acquired by the Government for over riding public interest. Like I said, in the last session, all lands belong to the Government but some lands are free from Government acquisition while some are not free. Only one way to know, due diligence!

A land can either be:

  1. Free from Government acquisition.
  2. Under Government acquisition but committed.
  3. Under Government acquisition and committed for a specific purpose.

There is only one way to find out the status of the land. You have to conduct a due diligence before buying the land.

  1. Free from Government acquisition: This land is not under Government acquisition. You can proceed to buy after checking other conditions. Note that it is important to perfect your title as soon as you purchase your land. This is because a land which is free from Government acquisition today may not be free tomorrow and the only way you will be compensated when the Government decides to acquire the land is if you have a legal title.
  2. Under Government acquisition but not committed: This land is under Government acquisition but not committed for any purpose. I usually advice people not to buy. But if you are in dire need of this land, it can still be purchased. You only have to conduct a very strict due diligence to determine whether the plan of the Government on the master plan matches what you intend to use the land for. If it matches, you can purchase provided you are ready to regularize your title with the Government. This process called regularization in the local sense only means that you are repurchasing from the Government.
  3. Under Government acquisition and committed for a specific purpose: Do not purchase, I repeat, do not purchase! This land’s title cannot be regularized. If you cut corners to get it regularized today, another government that knoweth not Joseph will come tomorrow and you will start running around again. So please just walk away.

In a nutshell, the only way to avoid these pitfalls is to conduct a due diligence. Thank you.

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