We had earlier written on How to apply for the Nigerian Certificate of Occupancy in this article (click). You will also see the introductory part for ‘Fees to Pay’ if you click to read it. Below are other fees you can expect to pay to get the C of O.
2. Processing Fee:
Once the application is approved, there may be a processing fee that covers the administrative costs involved in verifying the application and processing the C of O. The processing fee can vary and is typically based on the size and value of the land.
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3. Survey Fee:
If a survey of the land is required or needs to be updated, there may be a separate survey fee. This fee covers the cost of engaging a licensed surveyor to conduct the necessary survey work.
4. Consent Fee:
In some cases, when there are multiple owners or parties involved in the land transaction, a consent fee may be applicable. This fee is paid to obtain the consent of all relevant parties for the issuance of the C of O.
(Also Read: Wike Forms Committee to Look into C of O in Abuja)
Other fees to pay are Stamp Duty and Capital Gain Tax.
It’s important to note that the fees mentioned above are general categories and the specific amounts can vary greatly depending on the state, the value of the land, and other factors. It is advisable to consult with the relevant land authority or seek professional advice to understand the specific fees applicable in your area when applying for a Certificate of Occupancy.
Keyphrase: Apply for the Nigerian Certificate of Occupancy
