Tag Archives: Property

Evaluation of the Effect of Slum on Property Values in Onitsha Metropolis of Anambra State (Published)

This study evaluated the effects of slum on property values at Onitsha metropolis. The study adopted the questionnaire survey method and interview to ascertain the effects of slum on property values in Onitsha metropolis. The study found that the slum occurrence was as a result of rural migration to urban areas and lack of original planning in the area and confirm that slum was responsible for the low property value in the area.  From the foregoing, the study recommended that there is a big necessity for this area to be reorganized in order to reduce the increase of slum, good planning policies has to be formulated so as to prevent this ill occurrence, construction of drainages, infrastructures and general urban renewal should be employed in the area, thereby demolishing dilapidated structure and modernizing the old structures, roads should be tarred and alternative routes created in order to open up the area. Furthermore, it is recommended that the government should redevelop the area, by relocating the inhabitants and then building low cost houses for the inhabitants. For the property owners, a low interest or non interest credits should be provided for them in order to encourage them to renovate their properties.

Keywords: Nigeria, Onitsha, Property, Property Value, Road, slum

CULTURAL NORMS AND DISPUTE ON WOMEN’S PROPERTY RELATIONS IN GHANA. (Published)

The general impression created is that cultural norms used in dispute resolution in chiefs’ courts in Ghana violate women’s rights. Analysis of these norms and proceedings in chiefs’ courts is important because chiefs’ courts play a tremendous role in dispute resolution among the ethnic groups. The units of analyses are Anlo and Asante of Ghana. The findings of the research are that chiefs’ courts do not discriminate against women in gender neutral cases and that the bias occurs when the case is gender sensitive. Women also have limited participation as decision-makers in chiefs’ courts, a factor, among others, that may contribute to the bias against them. There is need to modernise operations in chiefs’ courts to make it gender friendly. Moreover, since gender issues tend to affect women’s property rights, and are often used as central reference points for the handling of disputes, there is need for social re-orientation of people. The research is significant because, inter alia, it contributes towards the strengthening of procedures in chiefs’ courts, and in the reform of cultural norms/laws/principles that are gender discriminatory

Keywords: Chiefs’ courts, Cultural norms/laws/principles, Dispute, Dispute resolution, Inheritance, Property, Property inheritance

Property Conversion, Its Impact on Residential Areas of Metropolitan Lagos (Review Completed - Accepted)

In most urban centres like Lagos, conversion of Residential structures for pressing commercial needs ‘seems to have become the norm. Residential properties always get built because of the sustained demand which guarantees good return. Once trends begin to suggest that there are higher returns to gain from commercial property they begin to convert existing buildings especially when it is difficult to get suitably located land and the cost of building is high. Given the above scenario it becomes relatively cheaper to convert existing residential structures to other uses, more so since existing residential areas have the added advantage of being in the city center with access to existing services such as electricity, water supply, telephone and transportation. Such locations also offer advantages of proximity to require labour and markets. The market forces when aggressively pursued as a major determinant in property development in the urban centres as a result of either bad planning or weak planning management tend to obviate the ‘public good” that is inherent in good planning. Worse still is a situation where such a force is allowed to invade the “Planned Residential Areas (PRA) which are both symbol and model for urban life and development. The paper tries to turn away from the theoretical background and assumptions, associated with market enforces in real estate to highlight the consequences associated with conversion. It is Pertinent to mention that policy decisions at any level are not to be seen as immutable for flexibility is the keynote of successful property management (Ratcliffe,1978).

Keywords: Conversion, Lagos, Property, Residential Areas