🎈8 benefits of buying land with a Certificate of Occupancy, numbered for reference

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1. _Establishes legal ownership_: It establishes you as the sole owner of the property and prevents multiple people claiming ownership of the same land.

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2. _Protection from government seizure_: It prevents the government from seizing the land without compensating you.

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3. _Collateral for loans_: It is accepted by banks and other financial organizations as collateral for loans.

4. _Resolves land disputes_: It is used to resolve land disputes that arise from ownership tussles.

5. _Essential for mortgage transactions_: It is a crucial document needed during mortgage transactions.

6. _Increases property value_: A Certificate of Occupancy can increase the value of your property.

7. _Reduces risk_: Buying land with a Certificate of Occupancy reduces the risk of fraud or disputes.

8. _Provides peace of mind_: It gives you peace of mind, knowing that you have legal proof of ownership.

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🟣Dr Joseph Deji-Folutile

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