Answers buyers ask before they commit.

The developer is not charging subscribers for Development Levy. The CDA will do that at the appropriate time and communicate to subscribers and allottees as required from time to time.  The developer shall be available to offer guidance when and if required. Note however that all customary fees (e.g Family receipt, Job Card & security, foundation, decking and roofing fees) payable on land shall be payable in this case. Payments shall be coordinated by RPL and her agents on the site and there shall be no nexus with Omo Onile to prevent any Omo Onile wahala for subscribers and allottees.

Increase in price will not affect existing subscribers in any way except if/when they fail to keep up with existing terms of payment or want to subscribe for additional plot(s) after price change increased.

Other payments to be made before a subscriber can be allocated are; Legal Documentation Fee Survey Fee Family receipt fee, Job Card and all other Customary fees CDA Development/infrastructure fee as may be decided by the CDA Kindly note that the fees stated above shall be as fixed from time to time.

Paper Allocation and thereafter site physical allocation will be done immediately all the payments in Q12 i – iii are made. Physical allocation will be done in batches; subscribers will be notified. However, note that possession and occupation of the plot(s) shall be deemed to have commenced from the date fixed for handover and all risks and benefits in respect of the property shall pass to the purchaser.

We allocate progressively on first in line basis at the discretion of the company. However, preference shall be given to request for corner piece(s) plot allocation provided it is still available subject to the payment of a fee.

Yes, you are in fact required to take physical possession of your land within 3months of allocation by way of at least erecting a perimeter fence of not less than 9coaches of 6”/9” sandcrete block and putting a Gate failing which the land can be reallocated to a more ready subscriber and you will be re-allocated when ready and we still have plot(s) to be allocated in the scheme or you are relocated plot at another scheme at the company’s discretion or refunded your payment less administrative charges. Note that re-allocation may attract extra charges.

Yes, RPL is very willing and positioned to construct for clients. We would be your preferred construction contractor because the fact that we are on ground and shall be handling multiple units give us great economy of scale, making our pricing difficult to beat by any external/outside builder without compromising quality. We can handle the whole building process from architectural design, bill of quantity, building approval processing to actual construction for any client. Also, RPL is your best source for quality building materials for your construction activities.

Deed of Contract (when you are paying in instalments), Company receipt(s) for each payment and Congratulatory/provisional Allocation Letter.

Contract of Sale between us and the land owning family/seller, Irrevocable Power of Attorney from the original land owning family/seller Deed f Assignment(s) Land Information Certificate on part of the land to show it is free and unencumbered

You will coordinate the omo-oniles end and you should not have any omo-onile wahala. We already pre-arrange and shall mediate between our buyers and omo-oniles on all issues of customary payments to them to protect our buyers.

RPL shall manage the Layout Scheme site for up to a maximum period of 3years starting from August 2023. Thereafter, the CDA as will be constituted shall take over the administration of the Layout Scheme.

Once paid for after payment for plot, every buyer shall get registered survey, Deed of Assignment and family receipt. RPL shall also assist all buyers to process their Certificate of Occupancy from relevant Government Authorities for a fee.

Any payment default puts you at the risk of revocation from this layout Scheme subscription and re-allocation to any other available Layout Scheme considered at par at the instance of the Developer or refund of what you have paid less appropriate charges. If your land is revoked due to none or irregular payment of your subscription or you indicated your interest at discontinuing the transaction, refund is subject to resale of your plot and you get your contribution less 40% administrative charge in the least. This is because the project is patterned after joint ventures. Kindly note also that these charges are subject to review.

After the payment of the initial deposit, you are expected to continue to make your monthly payments. Non-payment monthly as at when due will be treated as fundamental breach of contract which MAY result in the termination or revocation of contract. The developer is not required to put you on notice in this case and this is subject to appropriate deductions. To prevent this from happening however, the Developer expects you to initiate a standing order instruction with your Bankers to credit her account with the appropriate sum monthly throughout the tenure of the transaction.

No, the transaction is interest free for active subscriptions that are within the agreed term.

Not really, anything approve-able by the Government can be built except otherwise determined by the CDA.

Yes. The Layout Scheme is designed such that allotees have to take possession of their plots within not more than 3months of the allocation, otherwise, unpossessed lands after 3months of allocation stand revoked and shall be re-allocated. RPL does not plan to remain on the Layout Scheme as the Administrator beyond the initial intension. Possession for this purpose is defined as at least an 8” – 9” coaches of sandcrete block perimeter fence and gate or commencement of your building construction work. To therefore aid development and maintain healthy value appreciation, allocated subscribers are encouraged to start construction immediately. They can start the fence work around the perimeter of their property or the foundation work of the main construction. RPL and other company in our group shall be there to give every support and encouragement we can to facilitate speedy development of the estate.

Realty Point Limited can assist buy/allotees who have taken possession of their plot(s) as required to get a buyer or they can come up with a buyer themselves, whichever comes first. A charge on the sale price (agency fee) is payable if Realty Point Limited sells for a subscriber.

We recognize that buyers may need to sell their purchase for varying reasons. However, due to the administrative and legal issues required in the proper transfer of these purchases, we would only honour transfers once full payment for land (plot) has been made and/or plot has been allocated and possessed earlier by the intending seller. Both intending seller and buyer have to complete our Property Unit Transfer Form after which necessary documentation shall be issued to the new owner (intending buyer). Plot ownership verification, an exercise which should take place in writing and in our office by the new buyer if he so desires with the consent of the intending seller attracts a fee. A non-refundable Transfer Fee (reviewable from time to time) per unit is payable before the Property Transfer Form can be treated.

i)Payment of land ii)Payment for family receipt, Job card & all other customary fees iii) Congratulatory letter and provisional allocation of land iv)Payment for registered survey and Deed of Assignment v) Physical allocation of land vi) Payment for the processing of Certificate of Occupancy(optional) All CDA payment shall be as decided by the CDA