Tuesday 18 March 2014

GOVERNOR FASHOLA HERALDS ISSUANCE OF ELECTRONICS CERTIFICATE OF OCCUPANCY.

The Governor reeled out the advantages of the new e-C of O over the analogue one. According to him, "this document that we now have is more secure document with security printed papers. There are all sorts of features that if you tamper with them, you will actually destroy them. They are capable of self-destruction and only few people have access to this paper, I don't have access to it and I don't need to see it to sign". He continues, "there is also a lot of information on this paper that the naked eye cannot see, so the backward reader is able to see all of the transactions and steps and then for registry of titles to be much more able to verify and advice people who want to buy land, who want to take mortgages, who want to lease out land and people who want to check whether there is any transaction on their land, to do so".
Mr. Fashola recalled that the stage for the introduction of the electronic certificate of occupancy was set by his predecessor - Asiwaju Bola Ahmed Tinubu when he digitalized the entire land registry, taking away files from public view and scanning millions of documents in the Land Bureau.


Content from Nigeria Property Centre
Read more athttp://www.nigeriapropertycentre.com/blog/news/governor-fashola-heralds-issuance-of-electronic-certificate-of-occupancy

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