In this picture was a Heritage Manor estate launched yesterday at Ibeju Lekki just opposite P.A.U that has EXCISION Excision as the name implied is not a land Title in real estate transactions. It's a status on the land stating that the government is not interested in it and has no business whatsoever to do with the said land even in near future. HISTORICAL PERSPECTIVE The excision came into being as a result of the Nigeria LAND USE ACT 1978 that recognizes ancestral ownership of land but it's also said that it is the right of the government to regulate how excision is been granted to the village applying for excision. In this case, the government of the day recognized the indigene have a right to existence, a right to the land of their birth and by default is expected to cede a portion of land to them. When this happens it is left to the natives to do whatever they wish with the portion that has been given to them either by building on it or sell to commercial real estate developers. THE LITERAL MEANING OF EXCISION Excision means the process of taking apart from a whole that and that part has been EXCISED will be recorded and documented in the official government records notebook of the State known as GAZETTE. In this case, one can bring it down to a layman understanding that EXCISION is the process whereby the government of the State, for example, Lagos State, cut some parts of the State LAND and give to the ancestral community. In a nutshell, as somebody who wants to buy or acquire property (land) when you see EXCISION on flyers anywhere, don't be scared. This means that the LAND is no longer in government control again and thereby FREE from any form of ACQUISITION whether government or individual. How long does it usually take on average for a land to be fully excised? Excision is given by the governor of the state and there is no specific time for issuance of Excision. Sometimes excision can be delay due to political reasons. Sometimes months, years before the government can grant excision to villagers or the person seeking excision. #landtitle #nigeriarealestateindustry #realstateimvesting #investing #excisionland #excision (at Pan-Atlantic University) https://www.instagram.com/p/CT7Tf9WMSmP/?utm_medium=tumblr