PWAN MAX > Nigerian Real Estate News > Investment > Omo-Onile Signing Fees
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Have you tried to buy land in some parts of Lagos and have been told to pay Omo-Onile Signing Fees Like this Below

Who is Omo-Onile?
Omo onile  in Yoruba means “the child of the landowner.” Thus, an individual indigene of any specific Yoruba settlement may sell the portion of the family land appropriated to him or her.

The fear of Omo Onile is the beginning of wisdom for land developers in Lagos. Even with the best of education and your eyes wide open, you might discover that you have bought your land from ‘charlatans and impostors.’ The doctrine that governs the land market in Lagos is ‘buyers beware’. The multiple sales of land by branches of the same family is not generally considered a heinous crime but a minor side effect of African polygamy. In a house you built fifty years ago, you may one day find a fellow at your doorstep brandishing a paper called ‘court judgment’ that makes him the new owner of the land on which your property is built. The solution is ‘settlement’ that requires skillful bargaining. The possession of Certificate of Ownership is no defense in such matters.

In Some parts of Lagos, this is what you pay for

  • To put Foundation on the land N200,000
  • To collect the Deed of Assignment as proof of purchase of the land and receiving your money N200,000
  • To fence the property as a precaution against Land Fraudsters N150,000
  • To put a structure on it with Decking N200,000
  • To Construct a Roof on the property N160,000
  • Community Money for coming into their Village to buy a land N100,000

It’s as if it’s a crime to come to their place to buy land. I think our law is too weak to make these people to stop doing this nonsense all in the name of Omo-Onile

If you buy land at Elegushi, it’s N2.5Million to just sign your document minus foundation and the rest of the nonsense they demand. In Badore, Olokonla, and areas controlled by the Olumegbon, it is N500,000 to sign your documents.

In Agungi, Osapa London, Chevron, and areas controlled by the Ojomu family, it’s N1.5Million to sign your documents alone. Even those ones in the heart of Ibeju Lekki and Epe are beginning to copy their more illustrious counterparts to demand between N100,000 to N200,000 to buy land at Eleko or Free Trade Zone.

In Some part of Ikotun, Egbeda its almost N50,000

That is why it’s good to buy land from reputable firms like Pwan Max, all these problems have been solved for you. Don’t wait to start buying now from Pwan Max

We have Estate for sale in Ibeju Lekki like Max Heights Ibeju Lekki, Okosoko/ Okun Aboreji Community Ibeju Lekki Lagos State.

There is a Promo Offer: Buy 5 Plots Outrightly And Get 1 Plot Free.

All Land is free from Omo-Onile Wahala has we have sorted all problems and all land are properly documented

Author: PWAN-MAX

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