Find answers about Realty Point projects, payment plans, inspections, allocation, titles, and service processes.
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Ans: Pick up or download an application form Start making your Initial down payment For clients who qualify for loan, your mortgage processing starts after completion of your down payment and your monthly repayment starts immediately Self financing clients continue to make payment as per their choice.
Ans: You can start building on the land immediately after physical allocation subject to the fulfillment of any other decision of the CDA.
Ans: You get the keys to your housing unit and your copies of the Deed of Sublease.
Q1Ans:Contract of Sale first with theland owning family and Deed of Assignment derivable from the Global C of O on the entire expanse of land. The Roseberry Estate Ibeju-Lekki site falls under the Igbeyin Adun& OkoduberuVillage Excisions granted and approved by the Lagos State Government. This is easily verifiable from the Bureau of Lands, Alausa, Lagos and Lagos State Surveyor General’s Office.8. What type of title/interest does Realty Point Limited have on the landed property?
Ans: Yes, after completion of payment for the housing unit (subject to terms and conditions).
Ans: Receipt(s), Deed of Contract, Congratulatory Letter/Letter of Provisional Allocation, Declarations of Deed Restrictions (Consists of Estate Covenant and Constitution of Landlord Association) and Estate Management Agreement, Survey Plan and Deed of Assignment. Note however that the Deed of Assignment will only be issued after ALL payments communicated are made in full e.g. Plot maintenance fee where applicable, Development Levy payment as agreed by the CDA, etc.
Ans: We have relationships with Mortgage banks to which subscribers can be referred
Ans: Contract of Sale first with the landowning family and this will be followed by Deed of Assignment derivable from the Global C of O the family will be getting on the entire expanse of land. The Roseberry Estate Ibeju-Lekki site falls under the Igbeyin Adun & Okoduberu Village Excisions granted and approved by the Lagos State Government. This is easily verifiable from the Bureau of Lands, Alausa, Lagos and Lagos State Surveyor General’s Office..
Ans: You will not have any nexus with Omo-oniles. No Omo-onile wahala. We face that on your behalf
Ans: The housing units are strictly for residential purposes only.
Ans: : RPL shall manage the site for years. RPL shall manage the estate for 5 years, thereafter, RPL or its appointee shall manage the estate suing a resident inclusive approach. RPL shall therefore remain the estate/facility manager for a fee. Thereafter, the CDA as will be constituted shall in conjunction with RPL take over the administration of the Estate any time after. RPL shall thereafter remain the Estate Managers for a fee as it is the best practice
Ans: – Electricity – Drainage – Well laid out network of roads – Central Estate Security and co-ordination
Ans: While we are not discrediting anybody, we strongly advice that cash should be paid to Realty Point Ltd designated bank accounts. Otherwise, cheques should be issued in favour of Realty Point Ltd only. Please note that the management of Realty Point Ltd accepts no responsibility for any liability that may arise as a result of deviation from the above instruction. NOTE: ALL FEES ONCE PAID ARE NON REFUNDABLE.
Ans:Deed of Assignment of the unexpired term of 99 years less One day.
Ans: The real estate industry just like most others is a dynamic industry and as such things get to change from time to time most especially for the better. However any change, amendment or modification shall be communicated and endorsed by REALTY POINT LIMITED. Such communication shall be via letters, electronic mails, fax, short message service (SMS), handbill, posters and any other means of communication. This correspondence shall be deemed to have been received by the CLIENT having been sent by REALTY POINT LIMITED.
Ans: If your land is revoked due to none or irregular payment of your subscription or you indicated your interest at discontinuing the transaction, a refund is subject to the resale of your plot and you get your contribution less cost of Deed of Contract and 30% administrative charge in the least. Kindly note also that these charges are subject to review.
Planting of 2 trees in front of your houses within your compound for aesthetics and health reasons · Putting 2-3 energy saving lighting points on your frontal fence outside to the road to assist as streets light and further help illumination within the estate
Ans: For spread payments, 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 a 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
Ans: Yes, RPL is very willing and positioned to construct for clients. We would be your preferred construction company/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. Also, RPL can also be your best source for quality building materials for your construction activities.
Ans: No, the transaction is interest-free for active subscriptions that are within the agreed payment terms..