1. Site inspection is on schedule and we decide using a set calendar; meanwhile customers are allowed for site inspection on request but this attracts a charge of 5000 Naira.
2. Documentation and Survey cost N150,000 payable in installment and the land documents are released to the customer after the 24th months of consistent payment.
3. Allocation is done 12th month of consistent payment from the date of purchase.
4. Defaulters are allowed a grace period within the speculated 2 - 3 months.
5. Customers that default on the payment for a period of 2 months, would on the third month of wanting to get on the plan, pay at the new cost of the land.
6. Should there be a case where the customer cannot continue payment as agreed, probably as a result of death or any other unforeseen conditions, we welcome the next of kin to take up the payment plan. This is to lay emphasis on the note that there is no REFUND.
7. Customers are only entitled to Mortgage facility after payment is completed without defaulting. Note: Mortgage only covers the registered customer.
8. All payments should be made directly to the company’s account (see details below) and payment receipt sent to the agents or associates for confirmation. Note, LANDBANK HOMES LIMITED would not be responsible for any funds sent into any other account other than the company’s account.
9. By submitting your card details, you authorize our system to auto-debit your bank account for the payment of land within the estate and at the frequency you have chosen.
10. The land is not transferable until after 2years and completion of payment, except in the case of permanent disability or death.