Property Law Firm

Fees for title perfection, mortgage/charge registration, and due diligence services in Akwa Ibom State

Fees for title perfection, mortgage/charge registration, and due diligence services in Akwa Ibom State

Our professional fees in relation to title perfection, mortgage/charge registration, and due diligence services in Akwa Ibom State are as follows;

Title perfection

  • Where a client presents an unregistered title requiring registration/perfection of such title, we charge the sum of N350,000 only to carry out the registration and perfection of such title with the Ministry of Lands Akwa Ibom State. The statutory fees to be paid are as follows;

Application forms for Certificate of Occupancy

  1. Application fee – N10,000.00
  2. Preparation Feе – N15,000.00
  3. Registration Fee – N10,000.00

Registration of Certificate of Occupancy

  1. Registration fee for commercial building – N15,000.00
  2. Registration for for private building – N10,000.00

Preparation of documents

  1. Certificate of Occupancy – N15,000.00
  2. Approval fee – 3% of accessed value.

Registration with the Land Registry/Akwa GIS

  1. Application fee – N10,000.00
  2. Registration fee – N10,000.00
  3. Stamp duty – N3% of consideration sum

Registration of Mortgage/Charges

For registration of a mortgage/charge over a property, we charge the sum of N500,000.00 only. A breakdown of related statutory fees and disbursements are as follows;

  1. Application fees – N10,000.00
  2. Registration fees – N10,000
  3. Letter of consent to mortgage – N10,000
  4. Approval fees – 3% of loan sum

Due diligence costs

For lis pendis search:

  • Application fees: N10,000
  • Report: N20,000

For verification of title:

    • Application fees: N10,000
    • Inspection fee: N10,000
    • Search report: N20,000

    For Charting report:

      • Application fees: N10,000
      • Inspection fee: N10,000
      • Report: N20,000

      For Provisional survey: N20,000

      Cost of conducting a basic search: N20,000

        Documentation requirements

        Perfection of title:

        1. Application letter
        2. Title document
        3. Survey plan
        4. Certificate of deposit
        5. Stamp duty payment receipt
        6. Personal income tax clearance certificate

        Mortgage/charge registration

        • Mortgage deed
        • Title documents
        • Survey plan and building plan
        • Proof of identification
        • Personal Income Tax clearance certificate
        • Application for Governors consent
        • Evidence of payment of ground rent and other charges imposed on the property.

        Where the property is owned by a company, the following additional documents are required;

        • Ctc of memorandum and articles of association
        • Board resolution authorizing the loan
        • Tax clearance certificate of at least two directors
        • CTC of the certificate of incorporation
        • Updated annual returns
        • A duly completed Form CAC 8

        We provide Real Estate Services

        Contact us via telephone call or whatsapp on 0708 424 1826 or send an email to contact@jubileedeeds.com