Thursday, March 31, 2016

Delta Sate Government Reviews Land Use Act, warns Owners to Acquire Certificate of Occupancy within 90 Days or Risk Forfeiting their Assets.

Delta State Governor, Sen Dr Arthur Ifeanyi Okowa flanked by his Deputy Dcn Barr Kingsley Otuaro, House of Assembly Members led by the Speaker Rt Hon Monday Ovwigho Igbuya and Deputy Rt Hon Osanebi Ossai FridayOsanebi Ossai and members of the State Executive Council, top Government functionaries, alongside Traditional Rulers from across the State; Flags off the DELTA STATE FAST TRACK" 90", GUARANTEE C. OF. O MAXIMUM 90days at Asaba Delta State.


THE LAND USE ACT 1978 ÔVERVIEW
Subject to the provisions of the Land Use Act, all land comprised in the territory of each state in the Federation are vested in the Governor of that state and such land shall be held in trust and administered for the use and common benefit of Nigerians in accordance with the provision of this Act.
As a result of the this Act, it is an advantage for every Landlord to have a Certificate of Occupancy which serves as a protection from Government's acquisition and other modifications.
Today, the process of documentation is long, expensive and leaves individuals unsatisfied.
The Remedy is FASTTRACK 90
FAST TRACK 90
FastTrack 90 is an opportunity introduced by the Delta State Government, and it is open to every property owner to fast track the process of obtaining their Certificate of Occupancy maximum 90 days.
BENEFITS OF THE NEW C of O (FastTrack 90)
- C of O maximum 90 days at a discounted rate of N200,000 (two hundred thousand Naira only) per plot.
- Secured and fraud proof Electronic Certificate of Occupancy (C-of-O)
- Empowering the citizens of Delta State to unlock the potentials inherent in their landed property by fast-tracking the process of obtaining legal and bankable title (Certificate of Occupancy)
- Proper documentation for proof of ownership.
- Proper building plan to avoid possible demolition.
- Avoid the impending high charges of property documentation.

 

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