LearnNigerianLaws.Com in 2016 published and circulated for free over 10 law articles on WILLS, MARRIAGE, LAND, NBA STAMP, CONTRACT, TENANCY, BUSINESS, BOUNCED CHEQUE AND TRADEMARKS.
Hello, am glad to have your eyes on this page. On last edition I wrote on “Safest Means of Purchasing rural Land” which dwelt on the purchase of land under customary law which often occurs in our villages. I highlighted the legal requirements and steps to a successful land transaction under such law. Now is time for us to take a deep dive into land transaction under our statutory law. It is for land transactions in our towns and cities. I urge you to learn as much as you can and save yourself embarrassment.
More than 75% percent of the earth is covered by water bodies while 25%is land. One of the essential needs of man is Shelter. Man is not coldblooded hence he needs land to put up his living. The oldest and best investment has remained real estate investment. No wonder in 1974, Ray Kroc, the founder of “McDonald’s” told listeners that his real business is not the sale of hamburger rather real estate. In Africa aside the economical and sociological importance of land and property on it; it is a visible sign of self accomplishment, and success.
WHAT IS TRADEMARK?
Over time in business and life generally, individuals, partnerships, corporations, organisations and companies have developed, designed, created, coined, formed and used certain distinctive names, logos, crests, flags, badges, symbols, signs, patterns, formations, processes and drawings to differentiate themselves from others; owing and using same exclusively. In today’s world, a circled letter “Y” is owned by Mercedes, GMC is owned by General Motors Corporation, LEX10® is owned by Lex10 Law Technologies, HP® is owned by Hewlett-Packard Company , Closeup® is owned by Unilever Nigeria Plc, MR.BIGG’S® and GALA® is owned by UAC foods Plc and Blackberry® is owned by Research in Motion etc. All those are names, logos and products used in business by their respective owners to the exclusion of all other persons and companies in the parts of the world, where they are registered. To retain customers and clients, create a renowned brand and fight piracy, registration of trademarks becomes very necessary.
HOW TO RECOVER PROPERTY OF THE DEAD IN NIGERIA – “A LEGAL GUIDE ON PROBATE MATTERS”.
A righteous man leaves inheritance for his off springs says the holy book. We all must die someday but what we may leave are our off springs, legacies, assets, liabilities, problems we solved and those we created. The death of a person is not the death of his/her property, assets and liabilities. The death of loved ones and breadwinners is not a launch into poverty and misery. No one dies with his assets (anything that adds to wealth) and liabilities (anything that reduces wealth) rather such is left for the good of the living. It is the right of the living to take over ownership and administration of the assets and property even the liability of the dead (deceased). Whether a deceased died leaving a WILL (testate) or without a WILL (intestate) his property must be owned and managed by the living. Now, the question is who should legally manage and benefit from the property of a dead in Nigeria?
All lands in Nigeria is vestedon the 36 States’ Governors across Nigeria aside those lands own by Federal Government and her agencies. Local Government Chairmen have vestments of land in local government (non-urban areas). A Governor of astate as well as a local government can lease out to individuals (21 years old and above) or companies or incorporated trustees for a certain term (usually 99 years). Upon the approval of either the governor or local government (as the case may be) the person or registered company to whomgovernment had leased a land to, can subsequentlysub-lease, transfer, alienate, mortgage and vest such upon another person, registered company or trustee. Land can be sold and bought in Nigeria either through customary law or statutory law. Below is a guideon acquiring land in villages throughcustomary method.
Courtship is not marriage neither is a loose partnership of opposite sex marriage. Living together and making of babies doesn’t connote marriage. Hear this, going to a church and being declared “man and woman” without an earlier strict observance of legal marriage requirements is no marriage in the eyes of law.
