28/02/2025
Understanding the Allocation Letter in Nigerian Real Estate
If you've ever bought land in Nigeria, you’ve probably heard of an Allocation Letter, but do you know why it's crucial?
An Allocation Letter is an official document issued by a real estate company or government authority confirming that a specific plot of land has been assigned to a buyer. It typically includes details like the plot number, size, and location, serving as proof of ownership before the final title (C of O or Governor’s Consent) is processed.
Why Does It Matter?
✅ It ensures transparency in land transactions.
✅ It gives buyers confidence that their land is secured.
✅ It is often required for further land documentation and title processing.
When buying real estate, always ensure you receive a valid Allocation Letter, it’s the first step to securing your investment!
📌 Have questions about real estate documentation? Drop them in the comments!
