Wellbury Legal Services

Wellbury Legal Services Support system to businesses to minimise their legal and regulatory risks.

Repaying your mortgage is a major milestone, but not the final step. To ensure that your property is free from the Bank'...
05/06/2026

Repaying your mortgage is a major milestone, but not the final step. To ensure that your property is free from the Bank's registered interest you should do the following:

1. Request a Deednof Release from the Bank
2. Ensure all necessary documents are properly executed.
3. Register the Deed of Release at the Lands Registry.
4. You can conduct a search on the property after registration to confirm that the Bank's interest has been removed.

If you don’t finalise properly, your property will be encumbered and you may not be able to sell or use it as collateral for future loans or investment. Don’t make assumptions, take proactive steps now.

For enquiries, contact 09062000411 / [email protected].

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Once a mortgage is registered, the bank's interest is recorded against the title documents at the Lands Registry, and th...
04/06/2026

Once a mortgage is registered, the bank's interest is recorded against the title documents at the Lands Registry, and that makes it encumbered.

Repaying your bank loan does not automatically remove the registered lien on the property, the Bank must discharge the mortgage by executing a Deed of Release.

Have you checked whether your mortgage has been formally discharged at the Lands Registry? Let's talk.

02/06/2026

Registering a property in your personal name or through a company comes with different legal, tax, succession, and financial implications. Before you decide, seek tailored legal advice to ensure the structure aligns with your goals.

Which option would you choose?

Buying a property is only part of the journey. Registering your title helps protect your ownership, preserve/increase th...
01/06/2026

Buying a property is only part of the journey. Registering your title helps protect your ownership, preserve/increase the value of your investment, and safeguard your rights.

Don't leave your investment vulnerable, register your title at the Lands Registry.

For enquiries, contact 09062000411/[email protected].

Eid Mubarak from all of us at Wellbury Legal Services. 🌙🕌♥️
28/05/2026

Eid Mubarak from all of us at Wellbury Legal Services.

🌙🕌♥️

Happy Children's Day to our Superstars!!From the Wellbury Legal Team.
27/05/2026

Happy Children's Day to our Superstars!!

From the Wellbury Legal Team.

Many individuals and businesses remain stuck, not because opportunities are lacking, but because they keep applying the ...
25/05/2026

Many individuals and businesses remain stuck, not because opportunities are lacking, but because they keep applying the same approach and expecting a different outcome.

Growth often requires a change in mindset, strategy, habits and decision-making. The results you desire in your business, career or personal development may be waiting on the actions you are yet to take.

What is one thing you need to do differently today?

Image credit: pixabay.com

The Contract looks clean, but one clause could cost you everything you earned. Here are some clauses that could be a b**...
18/05/2026

The Contract looks clean, but one clause could cost you everything you earned. Here are some clauses that could be a b***y trap for your business profit:

1. Limitation of liability: Is your exposure capped?
2. Indemnity: Who pays when things go wrong?
3. Termination right: Can you conveniently exit the Contract?
4. Dispute Resolution: Is it Mediation, Arbitration or Ltigation?

We advise that you seek legal guidance before executing any Contract. Think of your profit before your signature.

Many business owners transfer personal funds into their business accounts to pay salaries, restock inventory, or cover u...
15/05/2026

Many business owners transfer personal funds into their business accounts to pay salaries, restock inventory, or cover urgent expenses without proper documentation.

What they do not know is that if those transfers are not documented, it can create serious problems such as:

1. The funds may be treated as business revenue and could attract tax liability. If the books of the business are audited, undocumented transfers create a messy situation difficult to explain.
2. Potential investors may view unexplained inflows as a red flag.
3. If the business winds up, you may struggle to prove that the business owes you money.

What should you do?

1. Decide whether the fund is a loan or additional equity.

2. Document it with a simple loan agreement or board resolution.

3. Record it properly in the company’s books.

Structure your business the right way by treating it as a separate legal entity. Proper documentation protects your money and keeps your records clean.

For enquiries, send us a DM or contact us on 09062000411 or [email protected].

One of the most important duties a lawyer owes a client is confidentiality.When you share information with your lawyer, ...
11/05/2026

One of the most important duties a lawyer owes a client is confidentiality.

When you share information with your lawyer, whether it is about a business idea, business dispute, family matter, or a personal challenge, that information is protected. Your lawyer cannot disclose it. Not to friends, family or even in court except in very narrow, defined circumstances.

Under the Rules of Professional Conduct binding all Legal Practitioners in Nigeria, confidentiality is a cornerstone of the lawyer-client relationship. It is what makes honest legal advice possible. You can speak freely, and that freedom is protected by law. Why does this matter to you? Because without confidentiality, people withhold the very details a lawyer needs to help them. With it, you get tailored advice built on the full truth of your situation and that makes all the difference. The next time you hesitate before speaking to a lawyer, know that your story is safe.

Address

Lagos

Opening Hours

Monday 08:00 - 18:00
Tuesday 08:00 - 18:00
Wednesday 08:00 - 18:00
Thursday 08:00 - 18:00
Friday 08:00 - 18:00
Saturday 09:00 - 15:00

Telephone

+2349062000411

Website

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