CHANGE OF OWNERSHIP

CHANGE OF OWNERSHIP

You paid for it and collected it. But can you prove it is truly yours?

This has cost many people vehicles, machinery, equipment and other valuable assets.

Payment alone does not prove ownership.

What protects your ownership is a Bill of Sale, commonly known as Change of Ownership.

A Bill of Sale is the legal document that confirms that ownership of a movable property has lawfully passed from a seller to a buyer.

It describes the parties, property, purchase price, date of transfer and serves as evidence that the buyer is now the rightful owner.

Without it, you may find yourself unable to prove ownership if the seller later denies the sale, another person claims the property or the asset becomes the subject of a dispute, theft investigation or Court case.

A receipt may show payment, but it does not transfer ownership.

Sadly, many people in Nigeria buy expensive movable assets based on trust, promises or poorly written documents, only to realise the danger when a dispute arises and they have little or no legal protection.

So buying valuable movable property should be backed by a Change of Ownership prepared or reviewed by a Property and Business Lawyer who will ensure the document accurately reflects the transaction and fully protects your ownership rights.

Apex Chambers urges you to buy movable assets in Nigeria properly with legally sound ownership documents that stand the legal test of time.

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APEX CHAMBERS, Award-winning 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