POPULAR SCAMS / EXCUSES TO LOOK OUT FOR WHEN YOU WANT TO BUY LAND IN NIGERIA
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  • Time 7m
Ongoing, First published Aug 09, 2023
The risk of fraud in land transactions has been increased by the growing demand for real estate in Nigeria. This article shows that there are widespread fraudulent practices used by greedy individuals and entities to prey on unsuspecting buyers. It gives insight into detecting and avoiding deception tactics, such as title counterfeiting or misrepresentation of ownership, with a focus on the need for good intelligence and vigilance in land acquisition decisions. It also highlights the significance of verifying property documents and being aware of common excuses used by fraudsters to create urgency. Empowering buyers with knowledge helps safeguard against financial losses and legal entanglements.
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