Documents you should know about when purchasing Land

Legal documentation is necessary when purchasing land, therefore it is vital you know which document you need to have when you want to buy land or property.

CERTIFICATE OF OCCUPANCY

A C of O is the officially recognized Land Document for demonstrating Right to a Land. It is a Land Document given by the State Government which officially leases any land under the state to the applicant for 99 yrs.

DEED OF ASSIGNMENT/CONVEYANCE

It is a document that must be demanded and given to a purchaser after the conclusion of any land/property transaction between such Buyer and the Seller of the property in question.

It also contains the date when the ownership of the property transfers from one owner to the other.

DEED OF LEASE

It’s the land document that lets the Governor and the general public know that the land in question has changed hands.

DEED OF SUB-LEASE

This is another relevant legal document duly signed and stamped indicating land and landed property transaction between a leaseholder of land sub-leasing his/her unexpired lease term to a third party.

LAND CERTIFICATE

This is a document of title as to the ownership of a piece or large parcel of land.

DEED OF MORTGAGE

It is a security for a loan with an undertaken for repayment and cesser upon recovery. The common types of mortgage transactions are; Equitable Mortgage and Legal Mortgage.

 SURVEY PLAN

This land document shows the boundary measurements of a parcel of land to give an accurate measurement and description of that land.

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