Fraud: Fraud is the intentional act of deceiving and misinterpreting information to gain an advantage, benefit or profit often causing harm or loss to others.
Miriam Webster’s dictionary defines land fraud “A fraudulent act or transaction involving the sale, transfer or ownership of land”
COMMON SCHEMES USED IN LAND FRAUD
So many persons have lost Millions, Hard earned sweats and even legacies to land fraudsters, because of some simple yet avoidable mistakes
♧. Buying properties without registered survey and Deed, most person fall victim of this because there where in a hurry to pay due to the fact that the alleged or supposed property where priced significantly lower than the market value and there know it, in a bit to eat their cakes and have it, there fall prey to land fraudsters, most times there even go as far as giving you a forged title Document and fake power of attorney..
Worthy to note that all the Lands in Abuja both Allocated and not are registered under the Abuja Geographic information system (AGIS) and any property that does not appear on the data base could mean
I. The land is not registered
ii. The land details you took for verification might be incorrect or incomplete
iii. there are discrepancy and the land information are inconsistent
♧. Multiple sales of same property to different buyers: there are cases of double or multiple sales (Allocations) and the law treats it very seriously.
(A seller who sells the same land twice, may be liable for fraud and criminal bridge of trust)
Under section 5 of the land registration act and equitable doctrines.
The top factors the court considers in cases of double or multiple Sales (Allocation)
I. the court considers who registered the property first, registration often provides priority, the land use act 1978 and other property laws emphasizes the importance of registration to determine ownership.
ii. Good faith: the buyers lack of knowledge about previous sales or defects in the sellers title is crucial in determining the buyers rights, the court might also apply the “Nemo dat quod non habet” (no one can give what there don’t have) which emphasizes the importance of verifying the sellers title and identity before making any purchase.
Land fraud is a growing concern not just in the city of Abuja but also in the most rural of places
with several reported cases of fake land sales
and Document forgery
Below are some making the Headlines
1. A suspected Fake land vendor was arrested for swindling unsuspected buyer of over 90million naira
2. A supposed real estate Developer “Rebecca Godwin-Isaac arraigned for 500million land fraud
3. A case involved 577million naira Land fraud where two Realtors where accused of criminal conspiracy and forgery
To mention but a few while this news are currently making lines in the realty industry and sending waves of doubts to the masses and discouraging people who are wanting to invest in The FCT,
We Can’t completely not blame some persons for falling victim of fraudsters in as much as we sympathise, but truth be told
Most persons go to a high demand area with a low budget, some even go as far as specifically asking if there are no distress sales available, by doing this you open opportunities for fraudster and stand a chance of being defrauded.
PROTECTING OUR CLIENT
Champions properties Ltd, A real estate Developing, construction and marketing company is one out of six(6) that makes up the ESTHINGTON GROUP others (Double king estate Ltd, Neft properties Ltd, Double Grace estate Ltd and Toprank Global project)
The ESTHINGTON GROUP is Led by our Amiable Chairman Chief Engr Dr Darlington Ugota a realestate Mogul and philanthropist.
CHAMPIONS PROPERTIES LTD
Headed by our capacity Managing Director the Distinguished Dr Samuel Ucha, over the years, under his leadership and expertise we have achieved exceptional growth, expansion and recognition Locally and Globally while inscribing our foot prints in key locations in the Federal capital territory (FCT) and beyond.
We counsel and give you tailored advise on investment or home options within your budget while opening you up to our seamless and stress free method of Land acquisition in a case of a low budget.
Our mission is to provide our clients with exceptional real estate services by delivering quality properties that exceed expectations, with sustainability and responsible development practices, this we have achieved over the years and still achieving while breaking new blocks.
We have successfully hatched the hack of seamless and stressful transactions over the years and if you read up to this point congratulations to you and welcome on board.
With our Statements you would easily understand that while we navigate our business, our watch words are “integrity and excellence” which only comes by building a sustainable system and of course putting our clients first no matter what..
over the years our slates where, and are still clean because we stood and still standing, will forever stand on “INTEGRITY AND EXCELLENCE” We have not just Successfully inscripted our names on the great sands of time in the realty industry we have created for ourselves families out of strangers and a steady referral system from satisfied and happy clients turned families.
Surprised? how we managed to navigate in a market where forgery and fraud has become the other of the day?
It’s very simple
We put our clients first, by making sure we go through all the highs and lows filtering and check mating the available options in the market so we could bring you the best of options, Hassle free and problem free properties…
TO SAFEGUARD OUR AUDIENCE FROM LAND FRAUD AND FRAUDSTER
We:
1. Verify property documents: we ensure to provide genuine and up to date documents including a Registered and valid deed.
2. We conduct due diligence: As developers we research the property history and check for any outstanding dispute and litigation, we verify the identity of the persons allocating to us in other words (the identity of the first alotee) and if the land is not allocated yet, we pay and apply for Allocation from the necessary bodies (FCDA) why confirming the status of the property of interest and intent.
3. We work with Reputable professionals, Barristers, FCTA and FCDA Officials in charge of land Allocations and Land use.
4. We monitor Government Registries, check in with with the relevant government agencies such as the Abuja Geographic information system(AGIS) to confirm the property ownership and status..
We go through the problems of this so you don’t fall victim to Fraudster and their fraudulent activities…
By taking this precaution as a team Champions properties Ltd aims to provide our client with expertise, excellent and exceptional real estate services while shielding them from land fraud and fraudsters, which resonates which our Slangs “experience the champions lifestyle”
Brought to you by
Odey Lawrita Praise
for champions properties Ltd