Prospects brighten for Nigeria in keeping with the increasing demand for real estate practice in the country, as a law firm, Prince Joel and Associates, has launched a book addressing industrial challenges in the industry.
The thriving real estate sector in Nigeria is not without its peculiarities and emerging trends, this has thrown up the necessity for an assemblage of resource materials on varying subject matter in the real estate practice in Nigeria.
Driven by this principle, Prince Williams-Joel, managing partner, Prince Joel and Associates, recently launched the book “Compilation of articles on law and property in Nigeria: Simplified” in London, with particular focus on addressing industrial challenges of real estate.
Williams-Joel said the latest book drawn from over 15 years of experience in real estate, describing realities of land/property acquisition, ownership and to rectify misguided notions about financing property investment in Nigeria.
“It must be noted that certificate of statutory or customary right of occupancy issued under the Land Use Act, 1978 cannot be said to be conclusive evidence of any right or valid title to a land. It is, at best, only evidence that is accepted until being challenged and proven otherwise,” Williams-Joel said.
According to him, it is no doubt that this timeless piece is coming at an auspicious moment, when the Nigeria’s real estate market is projected to turn the corner in 2018.
“The incisive analysis and exposition of the complexities fraught in land and property related subject matter in a simplified manner, is reckoned to none.
“I disapprove investors not knowing or understanding their rights on land/property matters before acquisition. It will be very wise to contact a real property law firm with great expertise when buying a land or property in Nigeria,” he said.
