HERMON provides quality pre-contract due diligence research and advisory services to ascertain the viability and authenticity of any investment in property and real estate. Equally availed our clients is our fast-track property and real estate claims and legal ownership registration services (as a safeguard against the pitfalls peculiar to property acquisition and/or real estate transactions).
The global real estate scene has changed, leading to an increase in the number of investors entering real estate from other investment areas. On the local side, Nigerian Real Estate investment is filled with complexities having to do with application of extant laws, critical need for real estate infrastructure, alongside a whole host of other complex issues that may arise in private and commercial real estate transactions. With rising interest in high-end Real Estate investment and transactions globally, and a corresponding increase in high-end Real Estate transactions within the Real Estate havens in Lagos and other choice parts of Nigeria, we match and exceed clients’ expectations as they navigate complex Equity and Debt-backed Real Estate transactions.
The Nigerian Real Estate Market
In recent years, there has been an exponential increase in Real Estate interest and investment by the middle and high asset class within Lagos and other parts of Nigeria. In spite of this, the Real Estate Market in Nigeria is highly complex and intricate, with Venture financiers, construction companies, Real Estate moguls and the Middle income investment class requiring top-notch legal advisory services to help them achieve their Project objectives without hassles and rubs with the Law.
Hermon Legal Practitioners’ Unique Positioning
At Hermon Legal Practitioners, we pride ourselves with our in-depth knowledge of extant real estate laws both at the state, regional and national levels. It is our job to swiftly and surely unravel the intricacies often associated with high-value real estate financing where our local and international clients are investing. We adopt a multi-disciplinary approach, from in-depth understanding of Banking, Finance, to Project Finance (Debt and Equity Financing) to ensure that we have a holistic picture of each transaction embarked upon by our clients.
From our positioning in Nigeria’s commercial hub, Lagos, Hermon Legal Practitioners acts as trusted adviser to a wide range of private and institutional investors, Portfolio companies, high-end Property developers, and financial institutions before, during and after their transactions.
Nigerian and international clients engage us for our profound understanding of the Nigerian Real Estate Market, which is a requirement due to the complexities of Nigerian Real Estate laws and the need to hire experienced Counsel for such transactions.
Hermon Legal Practitioners provides quality pre-contract due diligence research and advisory services to ascertain the viability and authenticity of any investment in real estate. Equally availed our clients is our fast-track legal ownership registration services (as a safeguard against the pitfalls peculiar to property acquisition and related transactions). Furthermore, we have a broad spectrum scope of work in handling clients Real Estate transactional requirements that encompasses:
- Negotiating, drafting and perfection of Real Estate transaction Contracts alongside other conveyancing documents.
- Representing companies, individuals and multinational companies in the acquisition of high-value Real Estate within thriving Real Estate hubs in Lagos, Abuja and other parts of Nigeria.
- Ensuring Regulatory compliance with extant Real Estate Laws in Nigeria.
- Drafting and executing long-term and short-term lease Agreements between private and Corporate entities.