Structured co-ownership, every step of the way.
Five interconnected parts that together create the governance infrastructure Nigeria's property co-ownership market has never had.
Property Listing & Due Diligence
Before any property is shown to co-owners, it passes through a rigorous five-pillar due diligence process conducted by Mary Kolo Consulting (MKC) — our NIESV and ESVARBON-registered affiliate practice.
Every property that lists on TitleShield carries a Due Diligence Certificate certified by Mary Kolo Consulting (MKC) — signed by its principal Mary Hyeladzira Kolo under her NIESV and ESVARBON registration number. This is non-delegable. It cannot be issued by a junior staff member or an algorithm.
The Five-Pillar Due Diligence Standard
Green: all 5 pillars pass without conditions. Amber: minor conditions noted, disclosed in full, and managed through the deal structure.
SPV Formation & Legal Structure
Once a deal is subscribed, co-owners are formally incorporated into a Special Purpose Vehicle (SPV) under CAMA 2020. This is not a contractual arrangement — it is a registered legal entity.
KYC Completion
All co-owners complete identity verification. Source of funds declaration. SCUML screening. Typically completed within 24–48 hours.
SPV Incorporation at CAC
TitleShield's legal team incorporates the SPV as a private limited company under CAMA 2020. Co-owners are shareholders in proportion to their allocated slots.
Shareholder Agreement Execution
All co-owners execute the SPV Shareholder Agreement — the governing document that defines rights, obligations, voting thresholds, and exit mechanisms.
Dedicated Escrow Account
A dedicated escrow account is opened in the SPV's name. Co-ownership funds are held here — never in TitleShield's accounts. TitleShield has no access to SPV funds.
Welcome Pack & Document Vault
Each co-owner receives their Welcome Pack with all legal documents, their shareholding certificate, and access to the deal's document vault on the platform.
One Important Rule: Investor Types Are Never Mixed
TitleShield operates a strict separation between investor payment types. Every SPV is formed as one of the following — and the type cannot change after formation.
All investors pay their full contribution before the property is acquired. When the last payment is confirmed, acquisition proceeds immediately. No waiting. No delays from other investors' financial circumstances. Clean, fast, equal risk from day one.
All investors are on agreed instalment schedules. A fixed acquisition date is set at SPV formation — typically 6–18 months from the first reservation deposit. All investors must complete their payment by this date. Investors who do not complete payment by the acquisition date face the formal default process.
No Flex investor joins a Ready SPV. No Ready investor joins a Flex SPV.
This separation is documented in the SPV Type Declaration (TSH-SPVTYPE) executed by all members at SPV formation.
Why this matters for you:
If you are a Ready investor — your money is never held waiting for a Flex investor to finish paying. Your acquisition proceeds as soon as all Ready members have confirmed payment.
If you are a Flex investor — you are with people on the same journey. The acquisition date was set knowing everyone needs time to complete payment. No pressure from a fully-paid co-owner whose money is sitting idle.
This separation is not just a policy — it is documented in the SPV Type Declaration (TSH-SPVTYPE) executed by all members at SPV formation.
Nine Anti-Fraud Architecture Controls
Structural controls built into every deal — not optional features. These cannot be removed without dissolving the SPV structure.
Every co-ownership group has its own dedicated escrow account. Funds cannot comingle between deals.
No deal can be marketed without a signed DD Certificate from Mary Kolo under her professional registration.
Co-ownership via CAC-registered SPV. Not a contractual arrangement. Your shareholding is legally documented.
AI governance agent monitors 23 indicators monthly per SPV. Anomalies trigger human review — mandatory.
Major financial decisions require co-owner supermajority (75%) approval. No single party can act unilaterally.
Every SPV asset is independently revalued annually by MKC to NIESV standards. Valuation shared with all co-owners.
All three entities (TitleShield, MKC, Maryland RS) and their relationships are disclosed in every deal document — always.
Exit pathways defined in the Shareholder Agreement before any funds are committed. No exit surprises.
All rental income distributions are accompanied by a formal statement showing rental received, costs deducted, and net amount distributed.
Income Distribution
Rental income flows through a documented, transparent process. Every distribution is accompanied by a formal statement.
Tenant Pays Rent
Into SPV escrow account. Maryland RS manages collection.
Costs Deducted
Management fees, maintenance, reserves — all itemised in distribution statement.
Net Distributed
Pro-rata to each co-owner per their SPV shareholding. Formal statement issued.
TitleShield does not hold, touch, or distribute your co-ownership income. Distributions flow directly from the SPV's escrow account to each co-owner's designated account. Maryland RSFM (Maryland Real Estate Services & Facilities Management Company Ltd) provides the management service; TitleShield provides the governance oversight.
Exit Infrastructure
Three pre-agreed exit pathways. Every co-owner knows exactly how they can divest before they invest. No improvisation. No hostage situations.
Pathway A: Secondary Transfer
Sell your slot to a new co-owner via the TitleShield platform. Pricing agreed between buyer and seller. Platform facilitates the transfer and updates the SPV register.
Pathway B: Collective Sale
A supermajority (75%+) of co-owners vote to sell the property. MKC conducts an independent valuation. Property is marketed and sold. Proceeds distributed pro-rata.
Pathway C: Buy-Out
Remaining co-owners may buy out an exiting co-owner at independently valued price. Process is governed by the Shareholder Agreement — no side deals.
Exit Request Submitted
Co-owner submits formal Exit Request Form. Platform acknowledges within 24 hours.
Pathway Assessment
TitleShield reviews applicable exit pathway per Shareholder Agreement. Co-owners notified of proposed route.
Valuation (if required)
MKC conducts independent valuation for buy-out or collective sale pathways.
Transfer or Sale Execution
Legal transfer of shareholding or property executed with full documentation.
Settlement
Final settlement paid from SPV escrow to exiting co-owner. Settlement statement issued.
Alliance Network
TitleShield operates across Nigeria's major property markets through a panel of vetted alliance firms — surveyors, valuers, and property managers — all operating under Mary Kolo Consulting's national professional standard and supervision.
Alliance Firm Assignment & Disclosure
Alliance firms are disclosed to SPV members at the point of assignment — before work begins — not before SPV formation. When an alliance firm is assigned to your SPV, you receive a formal Alliance Firm Assignment Notice with their name, NIESV and ESVARBON registration numbers, and professional indemnity insurance details — before any work on your property begins.
Every alliance firm on TitleShield's panel has been assessed against our published Alliance Panel Vetting Policy (TSH-P13) — professional registration, track record, insurance, conflict of interest clearance, and sample work quality.
Alliance property managers are contractually prohibited from handling rent on behalf of SPVs. All rent is paid directly into the SPV's bank account — the property manager's fee is paid by the SPV after rent is confirmed received.
Frequently asked questions
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