Introduction:
The Growing Threat of Real Estate Scams in Nigeria. Despite that, investing in real estate still remains one of the smartest ways to build wealth.
Many unsuspecting buyers fall victim to land scams, encumbered properties, and disputed real estate deals. To help you avoid these fraudulent transactions, we bring you two alarming cases that expose the dangers of buying land without proper due diligence.
In Oyo State, a legal battle between two brothers over an inherited prime property; And
Anambra Land Scam: A fraudulent estate development flagged by the government.
Keep reading to protect your hard-earned money from land fraud and legal disputes.
Case 1: Oyo State Property Dispute – A Family Feud Over Inherited Land
A major property dispute is currently unfolding in Ojoo, Oyo State, where two brothers, Adeyemi Ogundipe (45) and Oluwaseun Ogundipe (42), are locked in a fierce legal battle over a three-bedroom bungalow, inherited from their late father, Chief Ogundipe.
Key Facts About the Dispute:
- The property is valued over ₦25 million and sits on 1,200 sqm.
- Adeyemi invested ₦10 million in renovations without consulting his brother.
- The dispute has lasted over five years, with no clear resolution.
- The District Head, High Chief Samuel Adelakun, has intervened to mediate.
Why This Matters for Real Estate Investors:
If you’re buying property in Oyo State or anywhere in Nigeria, always verify land ownership and ensure there are no legal disputes or family conflicts before making a purchase.
Avoid Buying Disputed Properties! Visit EncumberedProperties.com to check if a property is listed as encumbered or disputed.
Case 2: Anambra Land Scam – Eze-Ndi-Eze Estate Exposed As a Fluke and Illegal:
The Anambra State Ministry of Lands has issued a strong warning against an unauthorized real estate development called Eze-Ndi-Eze Estate, Awka.
Government Findings on the Scam:
- The said estate has no government approval;
- Buyers are at risk of losing their money;
- Promoters of the estate are misleading the public into subscribing and purchasing land in the said estate has no verifiable titles.
How to Avoid Falling for Land Scams in Anambra:
- Verify estate approvals with the Anambra Ministry of Lands before buying.
- Check land titles through official government registries.
- Avoid properties under dispute by consulting EncumberedProperties.com.
Also know about the Anambra land re-certification process to be ahead of land scammers in Anambra
Click on the link to read about the re-certification process.
Final Thoughts: Stay Ahead of Land Fraudsters!
Land and property disputes can destroy investments and lead to legal battles. Stay informed and avoid encumbered properties by following updates from EncumberedProperties.com.
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 title deed at the local land registry;
Check the property 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.
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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