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CERTIFICATE OF OCCUPANCY: AN INDEFEASIBLE TITLE?

17 Feb

Ademola Adeniyi Law Journal (AALJ)

CERTIFICATE OF OCCUPANCY: AN INDEFEASIBLE TITLE?

  1. INTRODUCTION
  • Since the advent of the Land Use Act in 1978, Certificate of Occupancy has become the thrust and the main title document that most land owners in Nigeria hold or seek to hold. Prior to the enactment of the Land Use Act, title documents like Land Certificate, Purchase Receipt and Registered Conveyance were   in use. While all these conferred on its holders freehold interest in the landed properties in question, Certificate of Occupancy only confers leasehold of a specific term on its holder. Thus while holders of a Registered Conveyance, for example, own the land absolutely, holder of a Certificate of Occupancy only holds the land for a period of time (99 years in this case)
  • Many a writer had advocated the point that holders of Registered Conveyances have a superior title over a piece of land than someone with a Certificate of Occupancy…

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Posted by on February 17, 2015 in Uncategorized

 

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