DEED OF CONVEYANCE/ASSIGNMENT: IMPORTANT LAND/BUILDING PURCHASE DOCUMENTS IN NIGERIA

DEED OF CONVEYANCE/ASSIGNMENT: IMPORTANT LAND/BUILDING PURCHASE DOCUMENTS IN NIGERIA

When buying land or building in Nigeria, one important document to get is a Deed of Conveyance or Deed of Assignment. This legal document transfers ownership of the property from the seller to the buyer, providing proof of ownership and protecting the buyer’s interests.

A Deed of Conveyance contains:
1. Names and addresses of the seller (vendor) and the buyer (purchaser).
2. A detailed description of the property, including its location, size and boundaries.
3. The purchase price and any other terms of payment.
4. Promises made by the seller such as guarantees of ownership and quiet enjoyment.
5. Signatures of the parties and witnesses.

A Deed of Conveyance/Assignment is important in Nigerian real estate transactions because it:
1. Provides proof of ownership and transfers ownership of the property.
2. Ensures the buyer’s rights are protected.
3. Helps prevent disputes between the parties by clearly outlining the terms of the sale.

To ensure the Deed of Conveyance/Assignment is properly prepared and executed, it is important to consult an experienced Property Lawyer who will verify the seller’s ownership & ensure the property is free from any issue; prepare the Deed, ensuring it complies with property laws and protects the buyer’s interests.

APEX CHAMBERS, Property/Real Estate & Business Lawyers, Attorneys, Barristers, Solicitors & Notary Public with Law Office in Port Harcourt, Nigeria.

Phone: +234(0)7030868694

Email: info@apexchambersglobal.com

Website: www.apexchambersglobal.com