If you're exploring the Lagos real estate market, especially in areas like Ibeju-Lekki or Epe, you will frequently hear the terms 'Excision' and 'Gazette.' Understanding these documents is vital to protecting your investment.
What is an Excision?
Historically, all land belongs to the government. When the government releases a portion of land back to the indigenous owners (the community), that process is called Excision. It means the land is free from government acquisition.
What is a Gazette?
A Gazette is simply the official government publication that records the Excision. If an excision is not published in the official Gazette, it is not fully recognized. Always ask to see the Gazette details before buying land that claims to be excised.
Why We Stick to C of O
While Gazette titles are valid, at Pneuma Holdings Ltd., we take security a step further. We ensure our estates, like Glory City, are backed by a Certificate of Occupancy (C of O) or Governor's Consent, providing you with unquestionable legal ownership.
