Excision in Process File Number KL/9954 and Deed of Assignment with Land Owners

Q1. WHERE IS KINGS AND QUEENS ESTATE LOCATED? (A).KINGS AND QUEENS is located along ORIBA Road Elerangbe, Ibeju Lekki. It’s about forty five (45) Minute drive from Ajah bus stop.

Q2. WHO ARE THE OWNERS/DEVELOPERS OF KINGS AND QUEENS ESTATE? (A) CHECK DECK HOMES & SERVICES, a Leading Real Estate Company with offices in Ibeju Lekki, Lagos State and Owerri, Imo State.

Q3. WHAT TITLE DOES KINGS AND QUEENS HAVE? (A). 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 N750,000.00 only per plot, (ii) 1-3 Months installment plan is N800,000.00 only (iii) 3-6 Months installment plan N900,000.00 (iv) 6-12 Months installment plan is N1,000,000.00 (b) Commercial plots are not being sold yet (c) Corner piece plots Attract additional 10% of land cost (d) Change /correction of Name(s) attract 10,000 charge (Subject to review) (e) Transfer of Ownership attract 10% of land cost (f) N.B:- Non payment of the monthly installments as when due shall be treated as a fundamental breach of contract which could result in terminations or revocation of the contract OR attract  10% default charge of the monthly installments 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 provided inside the estate.

Q8.   WHAT OTHER PAYMENTS DO I MAKE APART FROM THE PAYMENT FOR THE LAND? (a) Deed of Assignment: N125,000 only per plot (subject to review) (b) Blue Copy Survey fee: N200,000 only per plot (subject to review) survey plan with company’s Name attract double charges (c) Development Fee : 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. (1) Survey plan and Deed of Assignment payment can be made at time of payment for land (ii) Development level will be determined later.(iii) Corner plot demarcation is N30,000 per plot payable after payment for land and before physical Allocation of plot.

Q10.  WHAT DO I GET AFTER INTIAL DEPOSIT? A. Starters pack comprises of a letter of acknowledgement of subscription & receipt of payment.

Q11.  WHAT DO I GET AFTER COMPLETING PAYMENT FOR LAND? (A). Complete Payment Receipt, Deed of Assignment, Certificate of Allocation & Survey Plan.

Q12.  CAN I START CONSTRUCTION OR BUILDING ON 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 set back of the building control of the estate and such design would be approved by the company and with LSG afterward.

Q14.  CAN I RE-SELL MY PLOT/PROPERTY? Yes a subscriber who have paid up on their land re-sell their plot (s).CHECK D’DECK HOMES would require the seller to furnish the company with details of the buyer.         (b) Charges 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 advice 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 compliant? (A). Yes

Q17   WHAT HAPPEN IF I CANNOT CONTINUE WITH MY PAYMENT? CAN I REQUEST FOR A REFUND? No. You cannot apply for a refund. You can however get someone to buy the land from you. We will also assist in the resale at a cost of 10% of resale price.

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