Regularise Property Titles For Sustainable Housing Security, LASG Urges Homeowners

Lagos State authorities has referred to as on allottees of assorted state-owned housing estates who bought housing items on or earlier than 2019, however are but to gather their Deed of Sub-Lease paperwork, to provoke the appliance course of immediately.

That is according to its coverage to advertise property titling and possession safety.

The decision was made by the everlasting secretary of the Ministry of Housing, M Abdulhafis Toriola, through the month-to-month stakeholders’ assembly and public enlightenment discussion board for residents of state government-owned housing estates within the Ikorodu Division, held on the Ayangburen Jubilee Housing Property.

Talking on the occasion, Toriola emphasised the significance of the Deed of Sub-Lease doc as a crucial authorized instrument.

He stated The Deed of Sub-Lease doc is a vital property doc issued by the State Authorities to householders in authorities housing estates. It serves as their proof of possession and is tenable for enterprise transactions, particularly for securing mortgages and collateral,”

Represented by the director of the Property Division, Olukemi Fosudo, the everlasting secretary additional clarified that the Deed of Sub-Lease is distinct from the Letter of Affirmation.

“The Letter of Affirmation is issued to an allottee solely after they’ve consented to the phrases and circumstances outlined by the State Authorities within the Letter of Provide, which additionally confirms the completion of all required funds,” he added.

Toriola additionally suggested allottees of state-owned housing estates who’re but to obtain both their Letter of Affirmation or Deed of Sub-Lease, or who haven’t accomplished their funds, to go to the Division of Property on the Ministry of Housing, Alausa, for verification and backbone of their allocation standing.

He urged allottees to embrace their roles as accountable residents by taking full possession of the estates, adhering to group guidelines and rules, and fostering peaceable coexistence.

The everlasting secretary concluded by reaffirming the unwavering dedication of the Lagos State Authorities to growing entry to inexpensive and sustainable housing throughout the state.