It is the relationship of the owner to the land and society on one hand and the transfer and creation of interests on the land on the other. … The Act came to embrace land use as a general system of land holding in Nigeria and consequently introduced a tenure known as right of occupancy.
What is the full meaning of R of O?
The Statutory Right of Occupancy (R-of-O) is the legal status of ownership over a land; the document sets out the terms, conditions and payment required by which you will be granted legal status to occupy the land by way of the issuance of the C-of-O.
What is certificate of occupancy in Nigeria?
A Certificate of Occupancy is a land title document that is issued by the government to landowners, as a legal proof of land ownership in Nigeria. A plot of land or property without a C of O can be confiscated at any time without any compensation paid.
What is deemed customary right of occupancy?
26 What is a customary right of occupancy? It is a right of occupancy expressly granted by a local government authority to persons in respect of land within its localities, which are not designated as an urban area by the State Government, for the purpose of agricultural use, residential and other purposes.
What is revocation of right of occupancy?
A right of occupancy may be revoked by the Governor in accordance with the provisions of the Land Use Act and the law provides the circumstances under which the right of occupancy over land may be revoked as well as the procedure to be followed. A right of occupancy may be revoked for overriding public interest.
What is the difference between C O and R of O?
Right of occupancy (R OF O) is just an offer while a (C OF O) certificate of occupancy is certified right of your ownership of the said land. … The right of occupancy is usually granted by a Local Government Authority as defined as a customary right of occupancy.
What is C of O in real estate?
A certificate of occupancy is a document issued by a local government agency or building department certifying a building’s compliance with applicable building codes and other laws, and indicating it to be in a condition suitable for occupancy.
How much does certificate of occupancy cost in Nigeria?
A Publication Fee of N10,000.00. Capital contribution fee subject to a minimum of N30,000.00.
What is the importance of certificate of occupancy?
A certificate of occupancy serves as proof that a property has complied with all standards and codes and is now fit for occupancy. Depending on what the structure is used for, this could be occupancy by a residential tenant, by a commercial tenant or by a retail store and its customers.
Why is a certificate of occupancy important?
A Certificate of Occupancy certifies the property’s use (residential, commercial, industrial, etc.), signifies that the structure is fit for occupancy, and ensures that the structure complies with all housing and building codes.
What is rights of occupancy?
occupancy right means a right of use of a socially owned apartment under a contract on use of the apartment made under the Law on Housing Relations1 or the Law on Housing.
What is deemed Grant?
An actual grant is naturally a grant expressly made by the Governor of a State or a Local Government whilst a deemed grant comes into existence automatically by the operation of law.
Who owns the land in Nigeria?
Many people in the Delta blame their poverty on two federal laws, the 1969 Petroleum Act, which gave the state sole ownership and control of the country’s oil and gas reserves; and the Land Use Act of 1978 which makes the government the owner of all land in Nigeria.
What is certificate of right of occupancy?
A Certificate of Customary Right of Occupancy (CCRO) is an effective tool for strengthening community land rights and securing communal lands provided for under the Village Land Act, but which has previously not been widely used to secure communal lands.
What is unexhausted improvement?
Therefore, it means that compensation is payable not for the bare land but for the “unexhausted improvements” made on the land by the holder or occupier. It is the labour or efforts expended on the land that qualifies for compensation when the land is compulsorily acquired for public purpose.
What is the Land Use Decree of 1978?
The Land Use Decree of 1978 was an attempt by the Federal Military Government to try to correct some of the problems with the existing land tenure regimes in the country, to provide the country with a uniform land tenure system and to ensure equitable and secure access to land for productive proposes.