STEPS
a) Application to (Director of Land)
b) Payment of all outstanding bills
c) The subject plot must be developed
d) Submit consent letter, attaching copy of Certificate of Occupancy
e) Payment of 8% of the value of property
i) REQUIREMENTS FOR DEED OF SUBLEASE
The same requirements for Deed of Assignment apply to Deed of Sublease for both individual and Limited Liability Company.
a) After the valuation report gets approval from the Honourable Minister of FCT.
b) A conveyance letter is prepared stating the following fees payable;
– 2% of the consideration
– Consent fee N10,000.00
– Processing fee N10,000.00
– Counterpart copy N2,000.00 each
NOTE: That the consideration must be reasonable for it to be forwarded for Minister’s approval.
ii) IN ADDITION FOR LIMITED LIABILITY COMPANY
a) Form C07 (Particulars of Directors)
b) Certificates of Incorporation
c) Photocopy of Directors ID
d) ID of Collector
