ALMOND COUNTY, MOWE TOWN – FAQ

Q.1 Why should I buy land in the Estate?

Almond County, Mowe Town is a dynamic estate that is functional, unique and tastefully designed with recreational facilities to give a world-class experience.

It is located in a serene environment, gated community with adequate security, good topography (dry land) and good land title.

The Estate is free from Government Acquisition/interest, no adverse claimant and there is Certificate of Occupancy (C of O) covering the Entire Estate.

Our offer is amongst the most affordable yet valuable offers in the market. We are driven by vision and not just by profit.

Q.2 What is the size of the plot of land within this Estate?

Typically, plot sizes vary from place to place. However, within Almond County, Mowe Town, we have Freedom plot (600sqm) and Valu plot (300sqm).

Q.3 What are the benefits/values inherent in this project, why should I buy NOW?

Q.4 What are the available payment plan and their prices?

Q.5 What other payments will I make aside the cost of land?

Additional payment shall be developmental levy and documentation fee.

Developmental levy is N1,000,000.00 (for 300sqm – 600sqm), it covers basic infrastructure of the estate (earth road, estate security and access to electricity).

Documentation Fee is N1,000,000.00 (for 300sqm – 600sqm), it covers the Deed of Assignment and Individual survey processing costs.

These prices are subject to upward review by the government and professional bodies involved. Hence, we advise subscribers to make payment within the period of subscription or pay 50% initial deposit and spread balance for 10 months.

Please note that there shall be no refund of any payment made for land purchase.

Q.6 Is there any time limit to commence development on my land after allocation?

Yes, depending on your purchase objective.

1. Subscribers whose objective is ‘’buy to build’’ will be allotted plots within the A Section of the Estate. Upon receiving an actual physical allocation of individual plot(s), they are to commence development within 90 days or risk reallocation at their own cost.

The minimum requirement is to erect 7-Course cement block fence or a full foundation on the plot(s).

Also, they have maximum of 1 year to secure their plots. LIFEPAGE shall not be responsible for the security of the allotted plots after the maximum period stated above.

2. Subscribers whose objective is ‘’buy to keep’’ or ‘’buy to sell’’ will be allotted plots within the B & C Sections respectively. Upon receiving an actual physical allocation of individual plot(s), they are expected to visit the plots regularly and keep them tidy.

Also, they have maximum of 5 years to secure their plots. LIFEPAGE shall not be responsible for the security of the allotted plots after the maximum period stated above.

Where Allottees in these sections decide to build within 90 days of allocation, they will be moved to A-section without any additional payment for land. However, if they decide to move after 1 year of allocation, they shall pay the difference on the prevailing rate at the time of reallocation.

Q.7 Is there any restriction to the type of building I can build?

You are only permitted to build approved residential structures. Tenement structures (face-me-I-face-you) are not allowed.

Q.8 At what point will my documents be handed over to me?

Upon completion of payment, you will get a statement of account (Individual receipts are mailed as you make payment).
Upon receiving the physical allocation, you will get an Allocation Letter, Legal Deed and Individual Survey. Please note that issuance of Legal Deed and Individual Survey is subject to payment of documentation fee.

Q.9 What other estates do you have?

Kindly check our brochure for details.

Q.10 Can I resell my allotted plot(s)?

Yes, you can. However, approval must be sought and granted by LIFEPAGE Management. We will require the details of the new buyer, including proof of payment, and charge transfer fee which is 5% of the consideration (Total cost at which the land is sold).

Q.11 Does LIFEPAGE build for subscribers?

Yes, we do. However, our charges are based on the prevailing rate.

Q.12 Is there any penalty for default in payment?

Yes, a default charge of 20% applies when subscribers fail to pay as agreed. Also, 6-Months consecutive default in payment shall be subject to the prevailing rate.

For more information

Call: 08023223308