This might come as a shock to you. But it’s a fact. The value of property does fall (contrary to the belief held by some). Knowing what factors determine the price of land and buildings over time will help you make your property acquisition decision wisely, and avoid making a loss in real terms. Here are some things to examine when choosing the property you want to buy, or keep. Market Trends Price changes for similar goods tend to move in the same direction, and this is the case with...

It is not only embarrassing to find mildew growing on supposedly neat clothes or furniture. It could also be unwholesome for one’s health or pose potential damage to property. The rainy season creates favourable conditions which encourage fungal growth on surfaces like cloth, leather, and wood and on damp places.Extra care is required in keeping surfaces free of mould because of an increase in moisture content in the air.Something you wouldn’t normally have to bother with if the weather...

PROHIBITION OF DEMAND FOR FEE IN REGARD TO CONSTRUCTION Section 11 of the Law is by far the most popular provision of the Law. Anybody who has done construction work in Lagos and its environs has one tale or the other to tell about the notorious omo onile. They are basically hoodlums who lurk around construction areas, charge developers for every tipper of sand/cement/gravel brought to site; then, at various stages of building, they throw in more obstacles and demand payment of huge sums...