Is there any words in real estate known as Hidden Charges? The answer is NO. Then why do people wrongly use the words often in their real estate transactions? The answer is Hidden Charge is an English word. In real estate, the words call Hiden Charge are called STATUTORY FEES and these fees are customary when land is purchased. The followings are statutory fees in real estates: SURVEY FEE This is a...
omonile
Babajide Sanwo-Olu, Governor of Lagos State I'm sure you must have heard of the term freehold in your discussion with a real estate agency or agent. Freehold stands for the ownership of real property, both land and all immovable structures attached to such land for an undefined length of time. It means owning the building and the land it stands on outright and in perpetuity. It is your name that is in...