Real Estate Practice

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About Course

Welcome to Real Estate Practice, a comprehensive professional development program designed to equip aspiring and current real estate practitioners in Nigeria with the practical skills, legal knowledge, and ethical frameworks needed to excel in today’s dynamic property market. This course bridges the gap between theoretical concepts and real-world application, focusing on Nigeria’s unique legal landscape, cultural nuances, and market challenges.

Why This Course?

Nigeria’s real estate sector is booming, driven by urbanization, population growth, and increasing investment. However, professionals often face hurdles such as unclear land titles, complex regulatory requirements, and ethical dilemmas. This course addresses these challenges head-on, empowering you to:

  • Avoid costly legal mistakes (e.g., unresolved title disputes, breach of fiduciary duty).

  • Build trust with clients through transparent and ethical practices.

  • Navigate Nigeria’s regulatory environment (Land Use Act, Tenancy Laws, etc.).

  • Close transactions confidently while protecting all parties’ interests.

What Makes This Course Unique?

  1. Nigeria-Centric Content

    • Case studies based on local scenarios (e.g., Lagos land disputes, traditional land inheritance issues).

    • Focus on Nigerian laws like the Land Use Act (1978) and Tenancy Law of Lagos State (2011).

  2. Practical Skill Building

    • Role-Play Simulations: Practice explaining complex clauses (e.g., “Governor’s Consent”, Deed of Assignment and Certificate of Occupancy) to clients.

    • Checklists & Templates: Downloadable tools for title reviews, lease agreements, and closing documents.

  3. Risk Mitigation Training

    • Learn to spot red flags in title reports, loan documents, and contracts.

    • Avoid common pitfalls like oral agreements or unverified commissions.

  4. Ethical Decision-Making

    • Resolve dilemmas (e.g., dual agency conflicts, undisclosed defects) through guided scenarios.

Certification

Upon completion, participants receive a Certificate of Proficiency in Nigerian Real Estate Practice, endorsed by AGPGC Properties and Nigerian legal practitioner  validating mastery of industry standards and legal compliance.

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What Will You Learn?

  • Execute Flawless Closings: Review titles, explain deeds, and verify commissions without oversight.
  • Draft Enforceable Contracts: Use valid consideration and comply with the Statute of Frauds.
  • Navigate Loans & Liens: Advise clients on APR, lien priority, and foreclosure risks.
  • Uphold Fiduciary Standards: Prioritize client interests while avoiding legal liability.
  • Resolve Disputes Proactively: Address tenant-landlord conflicts, title defects, and ethical breaches.

Course Content

Module 1: Legal Foundations & Contracts
Learning Objective: Master the essential elements of enforceable real estate contracts in Nigeria, including consideration, statutory requirements, and legal pitfalls.

  • Lesson 1: Contract Essentials
  • Lesson 2: Understanding Consideration
  • Lesson 3: Statute of Frauds
  • Acceptance of Real Estate Contract

Module 2: Financial Principles & Mortgages
Learning Objective: Analyze mortgage costs, lien priority, and foreclosure risks to advise clients on Nigerian loan agreements and financial decision-making.

Module 3: Ethics & Fiduciary Duties
Learning Objective: Uphold ethical standards and fiduciary responsibilities to protect clients, avoid legal disputes, and build trust in Nigeria’s real estate market.

Module 4: Property Rights & Tenancy
Learning Objective: Navigate ownership structures, lease agreements, and valuation principles to resolve disputes and ensure compliance with Nigerian property laws.

Module 5: Transaction Closure & Compliance
Learning Objective: Finalize real estate transactions ethically and legally in Nigeria by ensuring title clarity, regulatory compliance, and proper documentation.

Final Quiz

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