FREQUENT ASK QUESTION
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(a) Outright payment is from 0-2months
(b) 3 Months payment plan attracts N250,000.00 extra with initial deposit of at least N500,000.00
(c) 6 Months payment plan attracts N500,000.00 extra with initial deposit of at least N500,000.00
(d) 9 Months payment plan attracts N750,000.00 extra with initial deposit of at least N500,000.00
(e) 12 Months payment plan attracts N1,000,000.00 extra with initial deposit of at least N500,000.00
(f) Change/Correction of Name(s) attract N20,000 charges (Subject to review)
(i) Transfer of Ownership attract 10% of land cost
N.B: – Non-payment of the monthly installments as at when due shall be treated as a fundamental breach of the contract which could result in termination or revocation of the contract/or attract N50,000 default charge of the monthly instalment payment.
(a) Documentation fee: N150,000. (Subject to review)
(b) Registered Survey Fee: N450, 000 only per plot for 500sqm & 300sqm. (Subject to review) Survey plans with Cooperate name attract double charges.
(c) Corner Plot additional fee: N200,000 only per plot (Subject to review)
(d) Developmental Fee: N950,000 only per plot for 500sqm & 300sqm. (Subject to review)
Documentation fee, Registered Survey Fee, Developmental Fee and Corner Plot demarcation payment is required to be made 3 months after the completion of payment of the plot your land.
Starter pack comprising a letter of acknowledgement of subscription, receipts of payment
(a) Yes subscribers who have paid up on their land can re-sell their plot(s). ZEALAND CONTRACTRS LTD would require the seller to furnish the company with details of the buyer.
(b) Charge of 10% of the land consideration (Covering Transfer Documentation Fee shall be paid to the company by the buyer)
We strongly advise that cash payments should ONLY be made to ZEALAND CONTRACTORS LTD. at its designated Banks. Otherwise, cheque(s) should be issued in favor of ZEALAND CONTRACTORS LTD. We shall not accept any responsibility for any liability that may arise as a result of a deviation from the above instruction.
Yes, but the company will collect 30% of the money paid and return to the subscribers 70% balance of payment made after 90 days.