SAVANNAH ESTATE PHASE II

FREQUENTLY ASKED QUESTIONS

1. Q. Where IS Savannah Estate Scheme II located?

a. Behind Agbara Industrial Estate, Alapoti, Agbara.

2. Q. What are the names of other estates and landmarks around Savannah Estate Scheme
II?
a. Southgate Estate, Manifold Estate, Abraham Estate, Agbara Industrial Estate, Covenant
University, The Bells University, Cananland.

3. Q. Who is the developer of Savannah Estate Scheme II?

a. Flawless Properties Limited.

4. Q. What is the price per plot for residential plot?

a. #500,000.00

5. Q. What is the size of a residential plot?

a. 600 square meters

6. Q. Is there any encumbrance on the land?

a. The land is free from any known government acquisition and has no adverse
claimant.

7. Q. What other payments do I pay apart from the payment for the land?
a. Survey fee = N120,000.00 (individual)
= N200,000.00 (corporate)
Legal documentation fee = N20,000.00 (subject to review)
Development levy = to be determined

8. Q. The development levy will be used for what?

a. Provision of drainage, electricity, perimeter fencing and road network.

9. Q. when do I pay development levy?

a. After allocation of plot.

10. When will my plot be allocated?

a. After full payment. ( Instant paper allocation, physical allocation preceding month)

11. Q. What do I get after completion of payment for the land?

 a. Receipt, letter of allocation, estate covenant, survey plans and deeds of assignment.
Note: all documents, including deeds of contract and deed of assignment shall be
produced in accordance with the name on the information supplied by you.

12. Q. What type of document does Savannah Estate Scheme II has?

a. Supreme Court judgment, approved layout.

13. Q. What happens if I cannot complete payment or default in the payment of monthly
subscription?
a. You will get a total refund of total money paid and less 5% administrative fee, and 10
% if introduced by one of our independent marketers.

14. Q. Can I pay deposit and pay the balance at any time within the duration of tenure
chosen e.g 12 months?
a. After the payment of initial deposit, you are expected to pay the balance monthly.
Non payment will be treated as a fundamental breach of contract which will result in
the termination or revocation of the contract.

15. Q. Does Flawless Properties Limited charge interest on the balance of payment?
a. The transaction is interest free.

16. Q. Can I start construction or building on the land now?

a. You can start building on the land after completion of full payments & development
levy.

17. Q. Is the road to the Estate good and motorable? Even during raining season?
a. Yes, the road to the Estate is motorable round the year.
18. Q. Is there any restriction as to the type of building I can build?
a. Yes, you are limited to building residential building within the areas designated as
residential and commercial building as areas designated as commercial. (Tenement
house type (popularly known as face me I face you) is not permitted.

19. Q. Is there any time limit to commence work on my land after allocation?
a. Allotees are encourages to take possession and develop their plot within 1 year of
allocation in order to control weeds. In a case where the land is unkempt, the
developer will enter on the land to keep it tidy and expenses incurred will be
transferred to you. Non development within the time frame could lead to revocation
and reallocation in other part of the Estate.