Understanding the Land Use Act: Implications for Property Owners in Nigeria
July 12, 2025
As a seasoned lawyer with years of experience in property law, I’ve seen numerous instances where well-intentioned parents and guardians have inadvertently jeopardized the interests of minors in property transactions. Buying property for children below 21 years requires a deep understanding of the legal framework and the role of guardians in ensuring that the minor’s rights are protected. In this article, we’ll explore the crucial role guardians play in property transactions involving minors and provide insights into best practices for safeguarding their interests.
The Role of Guardians in Property Transactions
When it comes to property transactions involving minors, guardians are the linchpin in ensuring that the minor’s interests are protected. Their role encompasses several key responsibilities:
- Decision-Making: Guardians are tasked with making informed decisions on behalf of the minor, including deciding whether to purchase or sell a property.
- Signing Documents: As the legal representative of the minor, guardians are responsible for signing documents such as the Deed of Conveyance or Assignment.
- Protecting Interests: Guardians must prioritize the minor’s interests and ensure that their rights are safeguarded throughout the transaction.
- Managing Property: In some cases, guardians may be responsible for managing the property on behalf of the minor until they come of age.
The Importance of Guardians in Property Transactions
The role of guardians in property transactions involving minors is multifaceted and crucial. By providing the necessary legal capacity, guardians enable minors to enter into property transactions that might otherwise be beyond their legal reach. Moreover, guardians serve as a safeguard against potential exploitation, ensuring that the minor’s interests are protected and their rights are respected.
Best Practices for Guardians
To ensure that property transactions involving minors are handled properly and in their best interests, guardians should adhere to the following best practices:
- Appoint a Trustworthy Guardian: The guardian should be trustworthy, responsible, and capable of managing the minor’s interests.
- Clearly Define Roles: The guardian’s roles and responsibilities should be clearly defined to avoid confusion or conflicts.
- Seek Professional Advice: Consulting with a property lawyer can help ensure compliance with laws and regulations, minimizing the risk of disputes or complications.
By understanding the role of guardians in property transactions involving minors and adhering to best practices, parents and guardians can safeguard the interests of their children and ensure a secure future for generations to come. As a lawyer, I strongly advise seeking professional guidance to navigate the complexities of property law and ensure that the minor’s rights are protected.
Echezona I.lkwuebes,Esq
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