What Securitization Means in Nigerian Real Estate
Introduction
Securitization is one of the most important protections within the RECORs system. Many people hear the word and assume it is complicated, but it is actually very simple.
What Securitization Means
Securitization means the original title documents of a property are removed from private hands and placed under regulatory custody. Once this happens, nobody can resell, mortgage or secretly transfer the property.
It becomes fully protected.
Why Nigeria Needs It
Nigeria has suffered from property fraud, double selling, fake documents and hidden mortgages. Securitization stops all of these problems by ensuring that no individual or developer can tamper with a property once it enters the RECORs system.
How the Process Works
- The property is fully verified and valued.
- All documents are deposited with the regulatory authority.
- The property is converted into RBi Indexed Units.
- Every Unit becomes publicly traceable within the RECORs Exchange.
What Securitization Protects You From
- Fraud and double selling
- Hidden mortgages
- Private transfers
- Developer misuse of documents
- Loss of ownership rights
Your RBi Units are always backed by real, verified property.
Conclusion
Securitization is the backbone of the RECORs system. It guarantees that the properties tied to your RBi Units are protected, verified and untouchable. It gives Nigerians a safe and transparent path to real estate co-ownership.