Subscription Form

You can download the hard copy of the subscription form and email it to us: Info@wayandlife.com.ng

Banks

Our Bank Details

Who is the Developer?

A consortium Managed by WAY AND LIFE CONCEPTS LIMITED

Are the lands free from government acquisition?

The landed property is free from every known government landed acquisition and no adverse claimant. Sample of GEE Scheme I, Global SurveyPlan No: OG/1200/2011/021; Land information REF No:SU11/174/XLIV/238, APPROVED MASTER LAYOUT NO:BUPP/2011/LAY/28/SGM, C of O File No SA/RT/C98

What type of infrastructures will the developer provide?

Perimeter fencing, earth road, transformer and connection to the national grid, boreholes randomly sited.

The Infrastructural levy will be used for what?

Provision of electric poles, connection of strings to national grid for the distribution and revisiting earth road network

What happen if I default in my installmental contribution/payments?

You shall be charged 1% of the property prices in any of the month you default. However, if your default continues till the company increases the price of the property, or over four months, you shall be buying at the prevailing price.

When will my plots be allocated to me?

In batches at least 50-100 subscribers

Does way and life concepts limited have certificate of occupancy?

Way and life concept limited initiates the process of getting C. of O immediately as parts of the acquisition process on our estates in Ogun State.Our document on Lagos state estate will be that of a global survey and planned layout which will be registered while the company will assist individual client process their respective C of O.

What title will I get eventually?

Deed of Assignment

Can I resell my plots / properties?

Way and life concepts limited can buy back plots from the subscriber who has paid up their land as this is subject to cash flow or assist to get buyer. A charge of 10% (agency fee) is deducted to purchase price in either of the cases.

What other payments are required besides the land cost?

Survey Fee: ₦200k
Legal Documentation: ₦50k
Infrastructural Levy: ₦450k.
Kindly note that the fees stated above exempts LEKKI and are subject to review.

When do I pay Development Levy?

Typically, after the physical allocation of plots, but before any construction work can commence, these payments must be completed. Ensure all payments are made into our designated bank accounts to proceed smoothly with the next steps."

Can I resell my plots/ properties?

Way and life concepts limited can buy back plots from the subscriber who has paid up their land as this is subject to cash flow or assist to get buyer. A charge of 10% (agency fee) is deducted to purchase price in either of the cases.

Is there any discount on outright payment and bulk purchase?

Yes

How will increase in price affect subscribers?

Increase in price will not affect existing subscribers in any way except if they have over-stretch their payment period or when they want to subscribe for additional plots(s)

Can I start constructing or building on the land now?

Yes you can start building on the land immediately after physical allocation and payment of the stipulated development levy.

What do I receive after full payment for land, survey, and title?

Survey and title documents i.e. Receipt, letter of allocation, estate covenants, survey plans, deed of assignment.

What if I choose to end my subscription to the scheme?

You will get a refund of total money paid less 20% administrative expenses/ agency fee 10% legal charges. This will be given after the last period of the installmental payment exercise of the scheme subscribed to as this is subject to availability of fund.

Is there a time limit to start work on my land after allocation?

6 months after allocation for at least fence and gate and after two years for structural development.