Are you planning to invest in land in Ibeju-Lekki? Before you put your hard-earned money into any property, you need to verify its ownership and if the property is actually for sale. This is because a shocking number of buyers have lost their investments to real estate fraud, and today, we are exposing one of such land you should avoid at all costs.
One of such properties is the Agbodu Oluwo Family Land –
Located along Ibeju-Lekki Road, Eti Osho Eripa Village, via Elepia Town in Lagos State. The Agbodu Oluwo Family Land covers 203.714 acres. This land is not for sale, yet fraudulent individuals are trying to deceive unsuspecting buyers.
Who Owns This Land?
The Agbodu Oluwo Family are the owners of this land. They have publicly declared that any attempt to sell or transfer it is illegal and will be resisted by them. If anyone offers you this land, the person might be trying to scamm you!
What Happens If You Buy an Encumbered or Disputed Land?
Buying a land under dispute or false ownership can lead to serious consequences, including:
- Loss of your money – If the rightful owners challenge the sale in court, you will lose your investment.
- No legal documentation – You will never be able to register the land in your name.
- Risk of demolition – If you start developing the land, your structure could be demolished, and you could be forcefully evicted.
- Years of legal battles – Land disputes in Nigeria can drag on for years, costing you time, money, and peace of mind.
How to Protect Yourself from Real Estate Fraud
Before buying any land in Lagos or anywhere in Nigeria:
Always verify its legal status. At EncumberedProperties.com. The website provides accurate and verified information on:
- Lands under dispute, litigation, or government acquisition;
- Official legal notices and ownership records;
- Survey plans and property verification details.
A simple search on our website could save you from losing millions to fraudsters!
Final Thoughts: Do Not Buy This Land!
If anyone offers you the Agbodu Oluwo Family Land in Ibeju-Lekki, walk away immediately. Protect your hard-earned money and always verify any property before buying.
Have you encountered a real estate scam? Share your experience in the comments below to help others stay informed!
At Encumbered Properties, our mission is to help you make safe and informed property investments decisions. Before you buy, always:
Verify the property’s status on EncumberedProperties.com;
Consult a real estate lawyer; and
Avoid untraceable cash transactions.
Watch the complete video of this article being extensively explained for better understanding by clicking on the video below, or visit our YouTube channel through the link below in this article to watch the educative video and many more informative piece to keep you scam free on real estate investing.
While you watch out for our next article, follow us on:
Facebook: Encumbered Properties Limited
YouTube: @encumberedproperties
Instagram: @encumberedproperties
Want to learn more? Drop your questions in the comments below, and let’s discuss how to make real estate investments safer and profitable!
This article was put together by Madueke Enwere: a property lawyer, a real estate investor, a senior police officer and by God’s grace, the founder, encumberedproperties.com
#IbejuLekki #LagosRealEstate #LandScam #RealEstateFraud #PropertyInvestment #EncumberedProperties