REALWorld Law

Sale and purchase

Real estate and public law

What are the most important areas of public law for an investor to consider when purchasing real estate?



    • Land Use Act 1978;
    • Companies and Allied Matters Act 2020;
    • Nigerian Investment Promotion Act 1995;
    • • Finance Act (2019, 2020 & 2023 Amendments), Capital Gains Tax Act 2004 (as amended), Personal Income Tax (Amendment) Act 2011 (as amended), Stamp Duties Act 2004 (as amended), Companies Income Tax Act 2004 (as amended) (Tax legislations);
    • Land Instrument Registration Act (States);
    • Land Registration Law of Lagos State 2015;
    • Lagos State Real Estate Regulatory Authority Law, 2022;
    • Urban and Regional Planning and Development Law 2010;
    • Land Use Charge Law of Lagos State 2020; and
    • Tenement Rate Laws (States).

    The Land Use Act, Companies and Allied Matters Act, Nigerian Investment Promotion Act 1995 and Tax legislations are Federal statutes applicable uniformly. The other legislations are enactments of the respective States, but with similarities in most of the states.