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Safest Means of Acquiring Land and Landed Property as Couple

Safest Means of Jointly Acquiring Lands and Landed Property in Nigeria as a Couple

Safest Means of Jointly Acquiring Lands and Landed Property in Nigeria as a Couple. 

By Onyekachi Umah,Esq.
(Tip 111)

A couple is not a human being or juristic being or group of beings that can acquire, own and sell property in Nigeria. Where a couple forms a company, being shareholders and directors of the company, they can use the company to buy, own, manage and sell lands and landed property in any part of Nigeria. Upon the death of a spouse without a Will, the management of remaining assets are often easier too.

See sections 18 and 20 of Companies and Allied Matters Act, the Married Women Property Act 1882, the Married Women Property Law 1959, section 7 of Land Use Act, as well as the case of Lion of Africa Insurance Co. Ltd V. Mr. and Mrs. Esan (1999) 8 NWLR (Pt. 614) 197.

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