White House Estate Kuje III Subscription
Subscriber information, payment options, estate details and the terms supplied for White House Estate, Kuje Phase III, Abuja.
Frequently asked questions
Where is the estate located?
Kuje, Abuja.
Who owns and develops the estate?
Gtext Lands.
What title does the land have?
Certificate of Occupancy.
Are there encumbrances on the land?
The supplied form states that the land is free from government acquisition and adverse claims.
What is the price of the land?
The stated residential outright price is ₦5,000,000 ($3,571.43) for 400 sqm.
Land pricing
| Payment option | Residential (₦) | Residential ($) | Commercial (₦) | Commercial ($) |
|---|---|---|---|---|
| Outright payment | 5,000,000 | 3,571.43 | 15,000,000 | 10,714.29 |
| Installment payment | 7,500,000 | 5,357.14 | 17,500,000 | 12,500.00 |
| Mini estate | 3,500,000 | 2,500.00 | 13,500,000 | 9,642.86 |
Is there a payment plan?
The supplied form describes a three-month installment plan: 30% initial deposit, then 25%, 25%, and 20% in subsequent installments. Each extra month attracts a 5% charge on the total amount, to be explained in the contract of sale.
Residential installment breakdown
| Installment | Residential (₦) | Residential ($) |
|---|---|---|
| Initial deposit (30%) | 2,250,000.00 | 1,607.14 |
| First installment (25%) | 1,875,000.00 | 1,339.29 |
| Second installment (25%) | 1,875,000.00 | 1,339.29 |
| Third installment (20%) | 1,500,000.00 | 1,071.43 |
| Total | 7,500,000.00 | 5,357.14 |
Commercial installment plan (₦17,500,000 / $12,500): 30% = ₦5,250,000; 25% = ₦4,375,000; 25% = ₦4,375,000; 20% amount not stated in the supplied document.
What is the plot size?
400 sqm.
What other payments may apply?
The supplied form says no further payments are required except title perfection costs, which may vary with statutory government fees. It also states a development fee of ₦12,500,000 ($8,333.33), spread over 12–36 months, for estate improvements and development obligations while land banking. Infrastructure fees or service charges may also be determined when construction begins.
What infrastructure is expected?
Drainage, electrification and street lighting, water supply, waste management, security cameras, paved roads and perimeter fencing.
What do I receive after the initial land payment?
A receipt for payments made.
Is the road to the estate accessible?
The supplied form says yes.
When will my plot be allocated?
After full payment for the plot. The form also describes a temporary allocation upon purchase and three months to complete payment before allocation becomes permanent.
What is the size and cost of a corner piece?
The size varies; the price is prorated using the price per square metre at the time of purchase.
Can construction start immediately?
Construction can commence after full land payment and obtaining the survey, title deeds and building approval.
Are commercial plots available?
Yes, according to the supplied form.
Are there building restrictions?
Building designs must be submitted to Gtext Land, approved by Gtext Homes, and then approved by the relevant government authority before work begins.
Can I have surveys for multiple plots?
Yes. Additional surveys attract additional costs.
Can I pay an agent?
No. Payments should be made to Gtext Lands at its designated banks. Cheques should be payable to Gtext Land. The supplied form says the company is not responsible for liabilities resulting from a deviation.
Can I get a refund if I cannot continue paying?
The supplied refund policy says the company will not make refunds for purchased land.
Can I resell my plot?
Subscribers up to date on land payments, documentation levy and development levy may resell, subject to Gtext Land management approval and provision of the buyer's details for its records.
Buyback option clause
If a client no longer wishes to own the property, the supplied terms allow the client to seek a buyer or request that the company repurchase it.
- Buyback price: If the company agrees to repurchase, the price is reduced by 35% of the initial purchase sum agreed when the property was bought.
- Payment terms: Payment is made in staggered installments commencing 120 days after signing the Deed of Assignment. Amounts and timing are to be agreed separately.
- Company discretion: The company reserves discretion over whether to proceed with a buyback and may discontinue it based on market, financial or other considerations.
Resale and release clauses
- Sell option: Previous buyers may seek a buyer and obtain a release form to proceed with resale, including where the full land or house payment is incomplete.
- Full payment: A purchaser who has paid in full may resell to a third party after notifying the company and supplying incoming purchaser details. After resale formalities and applicable fees, the company will recognize the new purchaser and issue documentation in their name.
- Payment split (optional): If payment is partial, an incoming purchaser may assume the transaction and settle outstanding sums. The company must be notified in advance and given the new purchaser's details for review, approval and record updates. Once formalities, balance and applicable fees are settled, the company processes the transfer and documents.
When agreed payments and terms are fulfilled, GTEXT LAND will transfer ownership rights from the initial purchaser to the new buyer. Both parties are to cooperate with the transfer. The supplied form says this is a general template and that resale agreements may require additional terms; it recommends consulting a legal professional.
Default and revocation
The company reserves the right to revoke a subscription after three months of payment-plan default, with the property deemed forfeited. The client also agrees that plots may be revoked for default on installment payments or other stated fees, with costs incurred from revocation borne by the defaulting party.
Reallocation
The company reserves the right to reallocate a client to another estate if an issue affects subscribed plots, including plot availability or zoning. If the client does not meet the agreed payment schedule before plots in the estate are sold, the company may reallocate to an estate with available plots, subject to its terms and pricing.
Ratification of title
Each client is responsible for ratification and procurement of their individual Governor's Consent under applicable laws and regulations, including associated costs and requirements. The supplied form says the company is not liable for related delays, costs or obligations.
Agreement and undertaking
I, ______________________________________, subscriber to White House Estate, Kuje, Phase III, Abuja, acknowledge my obligation to pay installments due on my payment plan weekly or monthly. I understand that a 10% fee applies to a defaulted installment amount. I acknowledge the promoters' right to revoke plot(s) if I fail, refuse or neglect to pay for three consecutive months. I understand that my initial payment is non-refundable. If information I supply is false, I may be disqualified from allotment. I have read and understood the terms and conditions and agree to them.
In the presence of
Referral details
To be confirmed by GtextLands.
White House Estate Group contact information
Address: Gtext Homes HQ, Jasper Gardenia Estate, KM68, Lekki Free-Trade Zone Road, opposite Lekki Golf Resort, Ibeju-Lekki, Lagos.
Phone: 08091809939, 07070045049
Email: info@gtextland.com
Website: gtextland.com