Real Estate Practice

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About Course

Welcome to Real Estate Practice, a comprehensive professional development program designed to equip aspiring and current real estate practitioners in Liberia with the practical skills, legal knowledge, and ethical frameworks needed to excel in today’s dynamic property market. This course bridges the gap between theoretical concepts and real-world application, focusing on Liberia’s unique legal landscape, cultural nuances, and market challenges.

Why This Course?

Liberia’s real estate sector is booming, driven by urbanization, population growth, and increasing investment. However, professionals often face hurdles such as unclear land titles, complex regulatory requirements, and ethical dilemmas, and improper traditional land description, and ownership right. This course addresses these challenges head-on, empowering you to:

  • Avoid costly legal mistakes (e.g., unresolved title disputes, breach of fiduciary duty).

  • Build trust with clients through transparent and ethical practices.

  • Navigate Liberia’s regulatory Liberia Land Authority or Local County Land Officer

  • Close transactions confidently while protecting all parties’ interests.

  • Determine what type of Land

What Makes This Course Unique

  1. Liberia – Acquiring Land in Liberia 

    • Private land, individually or corporately owned, with legal title

    • Customary Land – owned collectively y communities; governed under the Land Right Act 2018 

    • Public Land – Owned by the state and typically not for private sale without a concession.
    • Government Land – Reserved for public use or services
  2. Practical Skill Building

    • Land Search Development: research and visit the Liberia Land Authority (LLA) or local County Land Office, and confirm ownership and check if the land is free of disputes, encumbrances, or overlapping claims

    • If it’s customary land, verify through the Community Land Development and Management Committee (CLDMC)

  3. Risk Mitigation Training

    • Learn to spot red flags in title reports, loan documents, and contracts.

    • Avoid common pitfalls like oral agreements or unverified commissions.

  4. Ethical Decision-Making

    • Resolve dilemmas (e.g., dual agency conflicts, undisclosed defects) through guided scenarios.

Certification

Upon completion, participants receive a Certificate of Proficiency in Liberia Real Estate Practice, endorsed by AGPGC Properties and Liberia legal practitioner validating mastery of industry standards and legal compliance.

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What Will You Learn?

  • Execute Flawless Closings: Review titles, explain deeds, and verify commissions without oversight.
  • Draft Enforceable Contracts: Use valid consideration and comply with the Statute of Frauds.
  • Navigate Loans & Liens: Advise clients on APR, lien priority, and foreclosure risks.
  • Uphold Fiduciary Standards: Prioritize client interests while avoiding legal liability.
  • Resolve Disputes Proactively: Address tenant-landlord conflicts, title defects, and ethical breaches.

Course Content

Module 1: Legal Foundations & Contracts
Learning Objective: Master the essential elements of enforceable real estate contracts in Nigeria, including consideration, statutory requirements, and legal pitfalls.

  • Lesson 1: Contract Essentials
  • Lesson 2: Understanding Consideration
  • Lesson 3: Statute of Frauds
  • Acceptance of Real Estate Contract

Module 2: Financial Principles & Mortgages
Learning Objective: Analyze mortgage costs, lien priority, and foreclosure risks to advise clients on Nigerian loan agreements and financial decision-making.

Module 3: Ethics & Fiduciary Duties
Learning Objective: Uphold ethical standards and fiduciary responsibilities to protect clients, avoid legal disputes, and build trust in Nigeria’s real estate market.

Module 4: Property Rights & Tenancy
Learning Objective: Navigate ownership structures, lease agreements, and valuation principles to resolve disputes and ensure compliance with Nigerian property laws.

Module 5: Transaction Closure & Compliance
Learning Objective: Finalize real estate transactions ethically and legally in Nigeria by ensuring title clarity, regulatory compliance, and proper documentation.

Final Quiz

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