Section 12 Mortgage and Property Law of Lagos State

Section 12 of the Mortgage and Property Law of Lagos State 2010 is about Negotiating lesser fees for documents presented for stamping and registrations. It provides as follows:

The Board, in promoting affordable housing for the less privileged citizens, may use its best endeavours to promote concessions, deferred payments or instalmental payment of duties payable to the Commissioner of Stamp Duties with respect to the
stamping of mortgage or charges and fees payable to the Registrar of Titles in respect of the registration of same at the Lands Registry.

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