When a property owner dies and leaves a valid Will, the Executor(s) or Administrator(s) appointed in the Will must transfer the late person’s properties to the rightful beneficiaries. The legal document used for this transfer is called a Deed of Vesting Assent.
It is a formal document that transfers ownership of the property from the late person to the name of the beneficiary.
Without a Deed of Vesting Assent, the property remains in the name of the person who has passed on, and the beneficiary cannot lawfully own, claim, sell or use it.
A Deed of Vesting Assent clearly identifies the property, states the authority of the Executor/Administrator and records the rightful beneficiary who inherited the property under the Will.
It legally completes the succession and inheritance process under a Will and protects the beneficiaries from future issues or third-party claims.
At Apex Chambers, we always advise clients to engage an experienced Property Lawyer to prepare a proper Deed of Vesting Assent. This ensures that the transfer is valid and free from technical errors that could later be challenged in court and lead to the beneficiary losing the property.
If a loved one has passed on and you are a beneficiary of property, insist on a Deed of Vesting Assent to secure your inheritance.
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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 with Law Office in Port Harcourt, Rivers State, Nigeria
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Thankyou for helping out, great information.
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