Section 111 Land Registration Law (LRL) Lagos State 2015

Section 111 of the Land Registration Law (LRL) of Lagos State 2015 provides as follows:

A registered holder of any land or mortgage, being a purchaser for value, is not –
(a) affected by an express or implied notice of any unregistered interest, affecting the interest of any previous registered holder: or

(b) required to inquire whether the terms of any caution or restriction have been complied with, where they relate to a time prior to his registration as holder of such land or mortgage.