Q1. WHERE IS CYBRID GARDEN PHASE 2 ESTATE LOCATED? (A). CYBRID GARDENS PHASE 2 ESTATE is located at Tagbati Road Elerangbe Ibeju Lekki Lagos. It’s about Forty five (45) minute drive Ajah bus stop.
Q2. WHO ARE THE OWNERS/DEVELOPER OF CYBRID GARDENS PHASE 2 ESTATE? (A). CHECK D’DECK HOMES & SERVICES, a Leading Real Estate Company with offices in Ibeju Lekki, Lagos State and Owerri, Imo State.
Q3. WHAT TITLE DOES CYBRID GARDEN PHASE2 ESTATE HAVE? (A). Full Excision, Deed of Agreement with Land Owners and Lagos State Government Approved Survey Plan.
Q4. ARE THERE ANY ENCUMBRANCES ON THE LAND? No
Q5. WHAT IS THE PAYMENT STRUCTURE? (a) Outright payment is N1, 000.000.00 (ii) Installment Payment: Pay an initial deposit of N200,000 and spread balance over a period of 1 year (iii) Daily Payment: N1,000/day (iv)Weekly Payment: N6000/week (v) Monthly Payment: N28,000/month (b) Commercial plot are not being sold yet. (c) Corner piece plots attract additional 10% of land cost. (d) Change/Correction of Name(s) attract N 10,000 charges (subject to review ) (e) Transfer of Ownership attract 10% of land cost. (f) N.B :- Non- payment of the monthly installments as at when due shall be treated as a fundamental breach of the contract which could result in termination or renovation of the contract. OR attract N10% default charge of the monthly installment payment.
Q6. WHAT IS THE SIZE OF THE PLOT? A. 600sqm
Q7. IS THE ROAD TO THE ESTATE MOTORABLE? Yes the road to the estate is motor able, Road network will also be provide inside the estate.
Q8. WHAT OTHER PAYMENT DO I MAKE APART FROM THE PAYMENT FOR THE LAND? (a) Deed of Assignment: N 125,000 only per plot. (Subject to review) (b) Blue copy survey fee: N 200,000 only per plot. (Subject to review) Survey plan with company’s name attract double charges (c) Development fee is N250,000 for all estates. (d) Corner plot demarcation: N30, 000 only per plot (Subject to review).
Q9. WHEN DO I MAKE THE OTHER PAYMENT? A. (i) Survey plan and deed of assignment payment can be made before or after physical allocation, (ii) Development Levy will be determine later.(iii) Corner plot Demarcation is N 30,000 per plot payable after payment for land and before Physical Allocation of plot.
Q10. WHAT DO I GET AFTER THE INITIAL DEPOSIT? (A) Starters pack comprising a letter of acknowledgement of subscription, receipts of payment.
Q11. WHAT DO I GET AFTER COMPLETING PAYMENT FOR THE LAND? (a) Completion Payment Receipt, Deed of Assignment, Certificate of Allocation & Survey Plan.
Q12. CAN I START CONSTRUCTION OR BUILDING THE LAND NOW? A. You can start building on the land after Physical Allocation.
Q13. IS THERE ANY RESTRICTION REGARDING THE TYPE OF BUILDING IN THE ESTATE? (A). No but all building design must conform to the required setback of building control of the estate and such design would be approved by the company and with LSG afterwards.
Q14. CAN I RE-SELL MY PLOT/PROPERTY? Yes subscribers who have paid up on their land can re-sell their plot(s). CHECK D’DECK HOMES would require the seller to furnish the company with details of the buyer. (b). charge of 10% of the land consideration (Covering Transfer Documentation Fee shall be paid to the Company by the buyer).
Q15. CAN I PAY CASH TO YOUR AGENT? We strongly advise that cash payment should only be made to CHECK D’DECK LIMITED at its designated Bank. Otherwise, cheque(s) should be issued in favor of CHECK D’DECK LIMITED. We shall not accept responsibility for any liability that may arise as a result of a deviation from the above instruction.
Q16. IS CHECK D’DECK HOMES AML/CFT COMPLAINT? A. Yes