Section 7 of the Land Use Act states that: “It shall not be lawful for the Governor to grant a statutory right of occupancy or consent to the assignment or subletting of a statutory right of occupancy to a person under the age of 21 years”
There are two exceptions to this which are:
1. Where a guardian or trustee has been legally appointed for the child, the Certificate of Occupancy (CofO) or Governor’s Consent can be given to the guardian on behalf of the child.
2. Where the owner of the property dies and the property becomes that of the child by inheritance, the child owns the property notwithstanding his age or absence of the appointment of a trustee or guardian.
If you desire to get a property in the name of your child, Tope Babade & Co (Real Estate Consultants) is available to give real estate investment advisory service to you in that regard. Thank you.
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