DEED OF EXCHANGE

DEED OF EXCHANGE

Instead of selling what you own, you can swap it for something better.

A Deed of Exchange is a legal document that allows two persons to trade their land, building or other property. It is trade by barter over landed property or other high value property or equipment.

Instead of chasing buyers, waiting endlessly or spending money on multiple transactions, you can exchange what you have for what you want and the law gives it full recognition.

A Deed of Conveyance captures the agreement of both parties, gives a detailed description of the properties, states the intention to exchange and then transfers ownership simultaneously.

With a Deed of Exchange, each person becomes the legal owner of the other person’s property. If the two properties being swapped are not of equal value, one party can add money (called equality money) to make up for the difference.

The benefits are that it saves time, eliminates unnecessary middlemen and reduces costs. Whether you are relocating, restructuring or simply upgrading, the Deed of Exchange makes property swapping lawful and enforceable.

A poorly drafted Deed of Exchange can create lapses that lead to issues or loss of ownership. That is why it must be prepared by an experienced Property Lawyer.

So if you want to swap property, do it with a well prepared Deed of Exchange.

__________________
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

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