Buying property in Nigeria from abroad can be either a smart investment or an expensive trap—and the difference comes down to knowing exactly what to check before you send money home. Property lawyer Oluwafunke Morountonu breaks down the red flags, documents, and steps diaspora buyers need to protect themselves. If you have family, an agent, or a friend handling a property purchase for you, this episode is a must-listen. Oluwafunke explains why trust alone is not enough, why you need an independent lawyer, and how to double-check information before a bad deal becomes a costly mistake. In this episode, you’ll learn: Why property due diligence comes first, especially for buyers abroad How to confirm who actually has the right to sell a property The difference between a contract of sale and a deed of assignment When an agent can represent an owner—and when they cannot Why power of attorney, title history, survey plans, and Certificate of Occupancy details matter How to spot government acquisition issues before you buy The process for perfecting your title at the Lands Bureau Oluwafunke also shares real-world insight from her practice, including a property search that appeared straightforward but revealed that part of the land had been flagged for government acquisition. Identifying issues like this early can help buyers avoid significant financial losses. The conversation also explores career options for young lawyers who do not want to work primarily in court. Oluwafunke discusses compliance, finance, arbitration, mediation, intellectual property, entertainment law, property law, and other career paths within the legal profession. If you live abroad, plan to buy land in Nigeria, or want to understand how property transactions work, this episode offers practical guidance you can use immediately. It is also valuable for lawyers, real estate agents, tenants, and investors who want to avoid preventable losses and make better decisions. Oluwafunke Morountonu is a Nigerian-qualified lawyer focused on property law and startup compliance. She works with Lexora LP, advising clients on property transactions, legal compliance, and documentation. Perfect listening for anyone who wants to buy property with confidence instead of regret.
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Episode #1
Buying Property Abroad? the Legal Checks That Saves Millions
Sep 19, 202639 minS1
<p></p><p>This episode breaks down the real risks and safeguards involved in buying property from abroad, especially for Nigerians in the diaspora. Property lawyer Oluwafunke Morountonu explains how to verify title, spot red flags, and avoid costly mistakes before sending money home.</p><p>Oluwafunke Morountonu shares practical legal guidance drawn from six years of practice in Nigeria, with a focus on property law, compliance, and how to structure safer transactions.</p><p>## Key topics</p><p>- In this episode, Akorede Oyesile and Oluwafunke Morountonu unpack whether buying property abroad is a smart investment or a diaspora...
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