Why skipping certificate of occupancy in Nigeria’s property market is a risky move

A Certificate of Occupancy (C of O) is a legal document that serves as proof of ownership of a property in Nigeria. It is issued by the state government and serves as evidence that a particular piece of land has been surveyed, assessed, and found to be suitable for the purpose for which it is being used. A Certificate of Occupancy also provides information on the ownership of the land, the purpose of the land, and any encumbrances or restrictions that may be attached to it.

Unfortunately, many property owners in Nigeria neglect to obtain a Certificate of Occupancy for their properties. This can lead to a variety of problems that can be very difficult to resolve.

In this article, we will discuss some of the problems that arise when a Certificate of Occupancy is missed out in a property in Nigeria.