Commercial Trust responsibilities.
- Conduct land and corporate searches at the land registry, CAC, and other relevant agencies to verify the authenticity and ownership of pledged assets.
- Ensure proper title perfection, registration of mortgages, and maintenance of custody of title documents.
- Keep a register and track asset valuation, premium payment and insurance renewals of assets pledged under Trust.
- Maintain an up-to-date asset register and legal documentation database per Trust transaction.
- Carry out physical inspections of client assets pledged as security to confirm existence, condition, and value.
- Keep records of all inspection visits with proof of visit and logged data of activities from the site visitation.
Private Trust responsibilities.
- Verify and perfect property titles to ensure they are properly registered in the name of the Trust
- Ensure all physical assets pledged under Trust are duly transferred the Trust in accordance with Trust Deeds and structure of the Trust
- Coordinate property valuation, sale, or acquisition on behalf of the Trust, Settlor and/or beneficiaries.
- Manage real estate properties under Private Trust structures, including overseeing tenancy agreements, rent collections, maintaining fair, wear and tear on properties under administration and property management/maintenance contracts.
- Keep records of tenants/occupiers – rent commencement and expiration
- Carry out periodic inspections of Trust assets and maintain records of the visits and action to be taken.
- Liaise with Property valuation companies for rent assessment/valuation, property valuation and recommendations on the best use of a property based on location and other factors.
- Make recommendations on property optimization for income generation
- Liaise with relevant artisans, plumbers, electricians and other workmen.
Family Office
- Conduct physical inspections of client’s assets before sign-on and records findings.
- Verify and perfect property titles to ensure they are properly registered in favour of the Trust or other relevant vehicle.
- Manage real estate properties under administration including overseeing tenancy agreements, rent collections, and property maintenance contracts.
- Maintain records of assets, maintenance and ensuring fair wear and tear, insurance premium settlement, selection of insurance companies.
- Undertake periodic rental valuation, property valuation
- Set standard procedure for property registration, tenant prospecting, income optimization, insurance, and other relevant activities for the role.
Qualifications and Experience
- Must be a lawyer called to the Nigerian Bar.
- Minimum of three (3) years of post-call experience in property, trust administration, or corporate/commercial law.
- Must be registered with the Corporate Affairs Commission (CAC) as an accredited agent.
- Demonstrated experience in conducting land and corporate searches, title perfection, and asset management will be an added advantage.