WHEN YOU BUY LAND/BUILDING IN NIGERIA, A DEED OF CONVEYANCE/ASSIGNMENT TRANSFERS OWNERSHIP

WHEN YOU BUY LAND/BUILDING IN NIGERIA, A DEED OF CONVEYANCE/ASSIGNMENT TRANSFERS OWNERSHIP

In every land or building purchase transaction, there is one document that transfers ownership from the seller to the buyer: the Deed of Conveyance (if the land does not have a C of O).

If the land has a C of O then you need a Deed of Assignment.

A Deed of Conveyance/Assignment is the legal document that transfers ownership from the seller to the buyer for an agreed price.

Without it, you may pay fully and even take possession and not get legal ownership transfer.

With a Deed of Conveyance is properly prepared and signed, your land/building ownership becomes enforceable.

A Deed of Conveyance/Assignment contains the identity of the buyer and seller, description of the property, the purchase price and transfers ownership.

A poorly drafted or faulty Deed can create more problems than it solves.

So an experienced Property Lawyer must be involved to not merely prepare the document but ensure that the seller has valid ownership, the property is free from problems and the transfer fully complies with the law.

The drafting must be precise, the terms protective and the land purchase transaction structured to stand the test of time.

Apex Chambers advises that you ensure that your Deed of Conveyance/Assignment is legally solid, because in property transactions, ownership is documented properly or lost.

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APEX CHAMBERS, Law Firm of Property/Real Estate and Business/Corporate/Commercial Lawyers, Attorneys, Barristers, Solicitors, Advocates and Legal Practitioners rendering legal services, Legal Consultants and Notary Public with Law Office in Port Harcourt, Rivers State, Nigeria

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