The Lagos State Government has asked allottees of its housing estates who bought homes on or before 2019 to come forward and collect their deed of sub-title documents.
The Ministry of Housing, in a statement on Friday, noted that the move was in line with efforts to encourage property titling across the state.
This announcement was made by the Permanent Secretary, Abdulhafis Toriola, at the monthly stakeholders meeting and public enlightenment for residents of state government-owned housing estates in Ikorodu Division held at Ayangburen Jubilee Housing Estate, Ikorodu.
He said, “In line with the policy of the state government to encourage the titling of properties in the state, the Ministry of Housing has called on all the allottees of various state-owned housing estates who purchased home units on or before 2019 and are yet to collect their Deed of Sub-title document on their home units to apply.
The Deed of Sub-Lease document is a crucial property document issued by the state government to homeowners in government housing estates which would serve as their proof of ownership and be tenable for business transactions, especially to secure mortgages and collaterals.”
The Permanent Secretary, Abdulhafis Toriola, who was represented by the Director, Estate Department, Olukemi Fosudo, pointed out that a deed of sublease was different from a Letter of Confirmation, which is issued to allottees only after they have consented to the terms and conditions given by the state government in a Letter of Offer, which shows completion of payments.
In addition, he also advised allottees of Lagos State-Owned Estates who are yet to receive a Letter of Confirmation/Deed of Sub-lease or have completed their payments to visit the Department of Estates in the Ministry of Housing, Alausa, for verification of their allocation.
Toriola also called on allottees to take ownership of the estates, obey established rules and regulations, and live in harmony, thereby supporting the vision of the state government and reiterating the unalloyed commitment of the Lagos State Government to granting the citizenry access to affordable and sustainable homes.