Committed and Government Acquired Lands.
❗Before you Buy that property, Read this‼️
A lot of people have fallen into trouble buying lands that belong to the government. Lands can either be free, encumbered, committed or Government acquired. A land that is free means that the government hasn’t indicated interest in such area, it’s very easy to perfect titles for such property.
A land that has an encumbrance means there’s an adverse claim on the land, it can be community issues, family disputes, used as collateral, or court cases.
A land that is committed means that the government already has a laid down plan for the area, and will never give out such lands. Such areas have been earmarked for government projects like Major roads, bridges e.g The 4th mainland bridge, government scheme, government housing projects, etc.
A land that falls under government acquisition has been acquired by the government for future use but can be excised by the government to individuals/communities through a process called Ratification now known as Regularization. i.e if it meets certain conditions.
Every state has a master plan, and if your property doesn’t align with it, get ready for the worse ‘demolition’. If your property falls under government acquisition you can apply for regularization if you meet all conditions you can be lucky to get a good title but if it is a committed land you won't be able to perfect your title and your property will most likely be demolished with no due compensation. It is imperative to do a proper search to find out the status of every land before you purchase.
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Proud Property Enterprise
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