If you've ever bought a weave on credit, then you probably have a good idea of what a lien is than you know. In this episode, Ufuoma Bakporhe and Keyukemi Ubi get talking about mortgages in Nigeria. What is a mortgage? What are types of a mortgage and the relevant institutions? How do you differentiate between mortgage and similar transactions - charges, pledges, liens, conditional sales? Can an 'onigbese' be a party to a mortgage? Find out in this episode. As usual, Lagos State has its distinct rules governing mortgage transactions, as opposed to the rest of Nigeria. You'll learn the differences in creating a legal mortgage under the PCL, CA states, and Lagos State. We also talk about the creation of an equitable mortgage and the documents needed to create a mortgage. If there's a topic you'd like us to discuss, kindly let us know via our feedback form https://bit.ly/fitpropcast