Real Estate Development: Why joint venture often beats selling
By Olaseni Reis Sir: Deciding whether to sell land or enter a joint venture (JV) with a developer is one of the most important choices a family can make. Selling…
Insider Trading in Real Estate deal: Position of the law
CASE TITLE: GLITTER GLOW VENTURES LTD & ANOR V. LONGTERM GLOBAL CAPITAL LTD LPELR-83331(Stream Crime Documentaries JUDGMENT DATE: 13TH MARCH, 2026 JUSTICES: ONYEKACHI AJA OTISI, J.C.A. MUHAMMAD IBRAHIM SIRAJO, J.C.A.…
EFCC arraigns man over alleged N13.6m property fraud
The Economic and Financial Crimes Commission, EFCC, Ibadan Zonal Directorate, has arraigned a man, Yusuf Oyepeju, before Justice Olusola Adetujoye of the Oyo State High Court, Ibadan. Oyepeju, alongside his…
Developer seeks adherence to building standards to tackle housing deficit
As Nigeria grapples with a growing housing deficit and recurring incidents of building collapse, Lagos-based property developer, Messrs Alexander Limited, has stressed the need for strict adherence to construction standards…
Valuers urged to embrace legal documentation, succession planning
Experts have urged estate surveyors and valuers to move away from ad-hoc, founder-led practices and embrace institutional models that prioritise documented processes, technology and succession planning. They said the move…
Affordable housing crisis in Nigeria
*How Nigeria can build its way out Affordable housing models are emerging across the country, but the real challenge is moving from isolated projects to scalable systems that align housing…
The rise of Smart Homes in urban Nigeria
By Essienanwan Sekibo The gates slide open almost effortlessly as a vehicle approaches. There is no exchange of words between driver and the security guard, no winding down of the…
The Land we don’t really own
By Mide Alabi Picture this: A man buys land somewhere in Lagos. He pays in full, takes possession, and begins building. After some years pass, he tries to use the…
Supreme Court declares seller may hold property in trust for buyer, but rules no Constructive Trust where purchase price was not received
The apex court of Nigeria has clarified the circumstances in which a seller becomes a constructive trustee for a buyer in a contract of sale, holding that while the law…
Firm calls for stronger regulation of Nigeria’s off-plan property market
A law firm has called for stronger regulatory safeguards in Nigeria’s off-plan real estate sector, warning that weak oversight continues to expose property buyers to fraud, project abandonment, and financial…