CERTIFICATE OF OCCUPANCY

CERTIFICATE OF OCCUPANCY:

       A Certificate of Occupancy (C of O) issued by the Lagos State Government officially leases Lagos land to you, the applicant, for 99yrs. As already indicated above, all lands belong to the Government. A C of O however is the officially recognized document for demonstrating Right to a Land.

       What happens after 99 years?

That question is still subject of debate among experts. Most have adopted a wait-and-see attitude, others postulate the as the new owner of the land, you the buyer can renew the certificate of occupancy when it expires. That makes sense, but for now is largely a case of we shall see when we get there.