DEED OF IRREVOCABLE POWER OF ATTORNEY FOR LAND TRANSACTIONS IN NIGERIA

DEED OF IRREVOCABLE POWER OF ATTORNEY FOR LAND TRANSACTIONS IN NIGERIA

A Deed of Irrevocable Power of Attorney (IPA) is used in many Nigerian States, especially in the East, as a legal document for transferring land ownership.

In places like Anambra, Abia, Imo, Akwa Ibom, Enugu, Ebonyi States, it is commonly used when families, persons or communities sell land or building. Once money is paid and it is signed, it becomes binding and cannot be withdrawn by the seller.

Unlike a revocable Power of Attorney, an IPA given for money is enforceable even if the owner changes his mind. It authorizes the purchaser (or his representative) to take possession, perfect his ownership and even resell the land or building.

It contains the name of the seller (called donor) and buyer (called donee), detailed description of the land, exact location, price paid and an clause stating that it cannot be revoked.

An irrevocable Power of Attorney serves as strong evidence of sale in States where the use of IPA is recognized. It protects the buyer’s interest in the property.

But without a valid IPA, a buyer in those States risks losing ownership or being dragged into endless property disputes.

Under Nigerian law, only a Lawyer is legally qualified to draft/prepare a valid and enforceable IPA. Anything less puts your entire transaction at risk.

So in States where IPA is required, let a qualified Lawyer handle it for you.
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APEX CHAMBERS, Law Firm of Property/Real Estate and Business/Corporate /Commercial Lawyers, Attorneys, Barristers, Solicitors Advocates, Legal Practitioners rendering legal services, Legal Consultants and Notary Public in Port Harcourt, Rivers State, Nigeria

Phone: +234(0)7030868694 (Calls & Whatsapp)
Email: info@apexchambersglobal.com
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