New survey fee in lagos

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New Survey Fee in Lagos:

As of 2022, the Lagos State Government has introduced a new survey fee for property owners in the state. The fee is aimed at generating revenue for the government and also to help update the state's property records.

Amount of the Survey Fee:

The new survey fee in Lagos is N10,000 (approximately $25 USD) per property. This fee is applicable to all property owners, including individuals, companies, and organizations.

Who Needs to Pay the Survey Fee:

The survey fee is mandatory for all property owners in Lagos, including:

  1. Property owners who have not paid the survey fee before.
  2. Property owners who have made changes to their property, such as renovations or extensions.
  3. Property owners who have inherited a property.

How to Pay the Survey Fee:

Property owners can pay the survey fee at any of the following locations:

  1. Lagos State Ministry of Physical Planning and Urban Development.
  2. Local Government Areas (LGAs) in Lagos.
  3. Bank branches of participating banks, including First Bank, Zenith Bank, and Guaranty Trust Bank.

What the Survey Fee Covers:

The survey fee covers the following services:

  1. Property survey and mapping.
  2. Update of property records.
  3. Issuance of a Certificate of Occupancy (C of O) or a Certificate of Property Ownership (CPO).

Penalty for Non-Payment:

Property owners who fail to pay the survey fee may be subject to penalties, including:

  1. Late payment fees.
  2. Interest charges.
  3. Legal action.

It's essential for property owners in Lagos to pay the survey fee to avoid any penalties and to ensure that their property records are up-to-date.

Please note that the information provided is subject to change, and it's always best to verify the details with the Lagos State Government or a licensed surveyor.