Many people inherit land/building together, buy property with friends or invest alongside business partners.
At the beginning, everyone is okay because there is trust. Years later, things change.
One person wants to sell, another wants to build, while someone else refuses to cooperate.
Before long, the property that was meant to create wealth becomes a source of endless issues.
That is why you need a Deed of Partition.
A Deed of Partition is the legal document that divides jointly owned land, building or other property amongst co-owners, converting joint ownership into separate ownership.
It protects each person’s property rights by stating exactly what belongs to whom, making future sales, development and ownership easy.
However, it should not be copied from the internet, but prepared by a Lawyer.
A poorly drafted Deed of Partition can create fresh disputes, overlapping interests, registration challenges and avoidable court cases.
If you own property jointly with anyone, do not wait until relationships break down before putting your affairs in order.
An experienced Property and Business Lawyer will ensure the document is legally valid, properly structured and capable of protecting everyone’s interests.
Apex Chambers emphasizes that the best legal documents are the ones that prevent disputes.
Protect what is yours.
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APEX CHAMBERS, Law Firm of Property/Real Estate and Business/Corporate/Commercial Lawyers, Attorneys, Barristers, Solicitors, Advocates, Counsel 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