Legal Consultation/Opinion Services (This service is for the provision of legal guidance/advisory services or Legal opinion notes centering on the position of the law and the complete requirements for land title search/verification, transfer documentation, & registration services in Nigeria ).
Legal Fees
-Legal Consultations (Online)
a). Nigerians resident in Nigeria:- 165,000.00(One Hundred & Sixty-Five Thousand)Naira per hour.
b). Nigerians resident /based abroad/outside Nigeria:- 255,000.00(Two Hundred & Fifty-Five Thousand)Naira/$250.00(Two Hundred & Fifty US Dollars) per hour
c). Foreigners/Non-Nigerians :– $400.00(Four Hundred US Dollars) per hour.
-Legal Consultations (Face-to-Face)
a). Nigerians resident in Nigeria:- 250,000.00(Two Hundred & Fifty Thousand)Naira per hour.
b). Foreigners/Non-Nigerians :- $550.00(Five Hundred & Fifty US Dollars) per hour.
-Legal Opinion Preparation (One-off fee with a provision for follow-up enquiries)
a). Nigerians resident in Nigeria:- 300,000.00(Three Hundred Thousand)Naira.
b). Nigerians resident /based abroad/outside Nigeria:– 450,000.00(Four Hundred & Fifty Thousand)Naira/$450.00 .
c). Foreigners/Non-Nigerians :- $850.00(Eight Hundred US Dollars).
2. Land Title Search Services
-Legal Fees
a). Nigerians resident in Nigeria:– 75,000.00(Seventy-Five Thousand) Naira.
b). Nigerians resident based outside Nigeria:- 150,000.00 (One Hundred Fifty Thousand ) Naira .
c). Non-Nigerian citizens/ Foreigners:- $200.00 (Two Hundred US Dollars).
3. Land Title Transfer Documentation Services(The fees for this category are strictly non-negotiable).
-Legal Fees For Land Title Sales
a). Assignee’s (Buyer’s) Solicitor Fee Range:-
-10% of the property transaction value (for property values below 50 Million Naira).
-5 Million Naira for the first 50 Million Naira and 5% of every amount up to 100 Million Naira (for property transaction values between above 50 Million Naira to 100 Million Naira).
-7.5 Million Naira for the first 100 Million Naira and 3% of every subsequent amount (for property transaction values above 100 Million Naira).
b). Assignor (Vendor’s/Seller’s) Solicitor Fee:- One-half of the applicable fee to be earned by the assignee’s solicitor.
c). Where the firm acts as a solicitor to both the seller and the buyer:- 10% of the property transaction value.
4.Mortgage Agreement Documentation Services (Fees in this category are strictly non-negotiable).
-Legal Fees
a). Mortgagee’s Solicitor Fee
-4% of the mortgage transaction value (for mortgage transaction values of 50 Million Naira and below).
-2 Million Naira for the first 50 Million Naira & 3% of every subsequent amount up to 100 Million Naira (for mortgage transaction values of above 50 Million Naira up to 100 Million Naira).
-4.5 Million Naira for the first 100 Million Naira and 2% of every subsequent amount.
b). Mortgagor’s Solicitor Fee -One-half of the fee to be earned by the mortgagee’s solicitor.
5. Registration of Land Titles
-A percentage-based fee not below 5%-15% of the property transaction value.
***All fees in this schedule do not represent specific fee quotations ,are negotiable(except where stated as strictly non-negotiable)only within the strict boundaries set by the Legal Practitioners Remuneration Order 2023 and subject to the discretion of the firm of I.OGBUKA LEGAL.