9 Adebayo Ogunronbi Close, Ogudu Road, Ogudu, Lagos.
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308 published answers available.

Q3. Who is the developer of The Harbour Estate, Mayfair-Lekki?

Ans: Realty Point Limited.

Q4. Can the payment be made in installments?

Ans: Payment per plot can be made as follows:          Installment at N10m; N2m initial deposit and N200, 000 per month for 40months.

Q5. What is the size of residential plot?

Ans: Approximately between 600sqm and 648sqm

Q6. Is there any encumbrance on the land?

Ans: The land is free from every known government acquisition and no adverse claimant

Q7. What types of infrastructure will the developer provide?

Ans: Perimeter pole fencing, motorable road, transformer(s), connection to the national grid, electric poles, strings, drainage and water.

Q8. What other payments do I make apart from the payment for the land?

Ans: The payment for land covers: land, provision of stated infrastructure, as well as Omo-onile pre-agreed customary fees/charges as a protection of our subscribers from their possible antics. NOTE:  The payment does not include the following which shall become payable as indicated: Individual plot Survey and Documentation (N650,000, but subject to review) Perfection of the Deed of Assignment; when the subscriber decides to perfect title with appropriate State Government Authority Annual Estate Service & Maintenance fee; this becomes payable 12months after physical allocation of plot to subscriber. Plot Maintenance Fee (N1,000). This applies only to a subscriber that is not coming forward to fulfill the requirements for allocation after paying for the plot(s).  It becomes due and starts to accrue 12months after the completion of payment for plot (i.e the 13th month) till the client steps forward and fulfills all the necessary conditions for allocation.  When necessary payments for allocation are to be made, arrears of Plot Maintenance Fees will have to be paid first.

Q9. When will my (plots) be allocated to me?

Ans: On paper by way of letter allocation will be done immediately full payment is made. However, physical allocation shall be done between 2 to 3 months after the final payment for plot, survey & documentation to allow for time required to do the survey, documentation, etc.

Q10. Can I indicate where I should be allocated within the Estate?

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

Q11. What do I get after completion of payments for the plot?

Ans: Final receipt, Congratulatory & Allocation letter acknowledging completion of payment for plot and stating plot allotted.

Q12. What type of title does Realty Point limited have on the land?

Ans:  Contract of Sale first, and the Deed of Assignment derivable from the Global C of O (Gazette) on the entire expanse of land. The Harbour Estate, Mayfair-Lekki site falls under the Onikoko, Igbokoko and Ashiribo Villages Excision granted and approved by the Lagos State Government. This is easily verifiable from the Bureau of Lands, Alausa, Lagos & Lagos State Surveyor Generals Office.

Q13. What title would I get eventually?

Ans: Deed of Assignment

Q14. What about Omo-oniles?

Ans: You will not have any nexus with omo-oniles. No omo-onile wahala. We face that on your behalf.

Q15. What other value added service(s) is Realty Point Limited (RPL) set to provide for subscribers into the estate?

Ans: RPL shall be on the site for a period of 2-4years to allocate and set up the initial Landlord Association starting from September 2013 unto August 2017 at the most after which the Estate shall be handed over to the Landlord & Resident Association in its entirety.

Q16. How will the estate be managed and maintained?

Ans: The estate shall be managed by the Landlords & Residents using the vehicle of the Association or any other party she delegates to act on her behalf after RPL hands over. RPL can also be engaged to render such service to the Association, it will be our pleasure.

Q17. What happens if I cannot complete payment or default in the payment of the monthly subscription?

Ans: You will qualify for a refund of total money paid less 30% as administrative expenses subject to resale.

Q18. Can I pay a deposit and pay balance anytime within the duration of tenure?

Ans: After the payment of the initial deposit you are expected to pay the balance monthly at least. None payment monthly as at when due will be treated as fundamental breach of contract which can result to termination or revocation of contract.

Q19. Does Realty Point Limited charge interest on the balance of payment?

Ans: No, the transaction is interest free once stated payment schedule is adhered to

Q20. Can I start construction or building on the land now?

Ans: You can start building on the land immediately after physical allocation.

Q21. Is the road to the estate good and motorable even during raining season?

Ans: Yes the roads to the estates are good and motorable all season.

Q22. Is there any restriction as to the type of structure I can build?

Ans: Yes, you are limited to building residential houses only and such must be as approved by relevant Government Authorities/Agencies. However, building of tenement house type (popularly known as “FACE ME I FACE YOU”) is not permitted.