Land Banking Scheme: Terms

Please read these terms and conditions carefully before investing.

Investment Process

  1. Application: Complete and submit our application form to initiate your investment.
  2. Selection: Choose a plot of land from our curated portfolio.
  3. Investment: Invest in the chosen land and hold it for 12 months.
  4. Resale: After 12 months, you have two options:
    • Resell the land back to Sortafter and receive your initial investment plus a 45% profit.
    • Hold onto the land and incur additional fees (allocation fee, documentation fee, developmental fee) based on the current market price.

Termination

  • Early Termination: Exiting the program before 12 months might result in a 10% deduction on your investment with no interest earned.
  • Company Default: In the event of a company default on your investment return, a 90-day payment plan with a 2.5% interest charge per 30-day period will apply.
  • Investment Start Date: Your investment starts when the invested amount reflects in the company’s account.
  • Confidentiality: Your information and land banking scheme details are confidential, except as required by law.
  • Dispute Resolution: These terms and conditions are governed by Nigerian law. Any disputes will be resolved through arbitration according to Nigerian arbitration laws.

Terms and Conditions

Sortafter reserves the right to update these terms and conditions from time to time. We will provide clients with reasonable notice of any changes made by:

  • Posting the updated terms and conditions on our website.
  • Sending an email notification to all clients with the updated terms and conditions.

The revised terms will become effective on the date stated in the notice (or upon your continued use of the Sortafter platform after the notice period).

Client Consent

By continuing to use the Sortafter platform after the effective date of any changes, you agree to be bound by the revised terms and conditions.

Sortafter Commitment

We are committed to transparency and client satisfaction. Our experience in real estate allows us to offer innovative investment opportunities like the Land Banking Scheme. We strive to provide a secure and rewarding investment experience.

Contact Us

For further information or to invest in the Sortafter Land Banking Scheme, please contact us at [+234 912 646 5929] or [support@sortafter.com.ng]..