TERMS AND CONDITIONS

1. DEFINITIONS

Company refers to O2C Land Banking Limited, the operator of the website and provider of land purchase and investment products.

Client refers to any individual or entity entering into a transaction or investment agreement with the Company.

Product means any land, property, or investment opportunity offered by the Company.

Agreement means the binding contract formed when a Client accepts the terms set out in these Terms and Conditions and any associated investment or purchase documentation.

2. PAYMENT TERMS

2.1 Payment Options

Clients may select one of the following payment structures for Products offered:

• Full Payment
  • The Client agrees to pay the total product amount in a single payment on the agreed date.
  • Upon receipt of full payment, ownership rights, where applicable, and terms and conditions related to the Product become effective.
• Installment Payment Plan
  • The Client agrees to pay an initial deposit, followed by scheduled monthly payments as stipulated in the individual acknowledgment document.
  • The payment schedule, amounts, and due dates are binding as per the signed acknowledgment.
  • Ownership or investment benefits may be subject to completion of all payments unless otherwise specified in writing.

2.2 Payment Deadlines

Payments are due on or before the stipulated dates.

Late payments may attract penalties, interest, or affect the Client’s rights regarding the Product.

2.3 Payment Methods

Payments shall be made via the approved channels as specified by the Company.

3. COMMITMENT AND ACKNOWLEDGEMENT

Clients acknowledge and agree that submitting an acknowledgment form constitutes a binding commitment to complete the agreed payments under the specified timeline.

The acknowledgment serves as evidence of the Client’s intent to enter into the transaction under the stated terms.

4. CHANGES TO AGREEMENT

Any changes to the agreed terms, including payment structures, must be:

• Formally documented in writing; and
• Signed or electronically accepted by both the Client and an authorized representative of the Company.

5. CANCELLATION AND REFUNDS

• Full Payment Option:
  • Where the Client has made full payment, cancellation and refund eligibility will be subject to specific terms outlined in the individual Product agreement.
• Installment Plan:
  • If the Client defaults or cancels, the Company reserves the right to:
    • Retain part or all of any payments made to cover administrative fees, losses, or damages incurred;
    • Reclaim any rights or interest in the Product.
  • Refunds, where applicable, will be processed within 5 business days, subject to deduction of applicable charges.

6. DOCUMENTATION AND TRANSFER OF OWNERSHIP

For land or property purchases, legal documentation, including Deed of Assignment, Survey Plans, and Allocation Letters, will only be processed upon:

• Completion of all payments; and
• Fulfillment of all terms under this Agreement.

Clients must provide accurate personal and identification information required for documentation processing.

7. LIMITATION OF LIABILITY

The Company shall not be liable for:

• Delays in allocation or processing caused by governmental authorities or force majeure;
• Losses arising from the Client’s failure to complete payments as agreed.

The Client acknowledges that land and property values are subject to market risks and fluctuations.

8. GOVERNING LAW

These Terms and Conditions shall be governed by, and construed in accordance with, the laws of the Federal Republic of Nigeria. Any disputes shall be resolved in the courts of Nigeria.

9. ENTIRE AGREEMENT

These Terms and Conditions, together with any signed acknowledgment or specific product agreements, constitute the entire agreement between the Client and the Company.

10. ACCEPTANCE

By using this website, the acknowledgment or proceeding with payment, the Client affirms that they have read, understood, and agreed to these Terms and Conditions.