CONTRACT OF SALE OF LAND TO THE RESCUE

CONTRACT OF SALE OF LAND TO THE RESCUE

So I want to address something that keeps happening to people seeking to buy land or house and many times keeps coming back to bite them in the ass.

We keep getting these complaints at Apex Chambers and it’s beginning to get too rampant. It bothers us a lot.

When you are interested in buying a piece of land or house and you do your bargains with the vendor and arrive at an agreeable price, but you don’t have the full sum at hand and wish to pay in installments, there is one thing you should not do. Avoid the temptation.

Never ever accept to make any payment without having a written Contract of Sale of Land or House properly drafted and capturing the relevant terms of that transaction.

Remember, payment (part or full) for land or house simpliciter does not grant you ownership of the land or house. It goes beyond payment. Proper legal documentation is key.

Such well-drafted fit-for-purpose land document will give you an edge and trap the vendor so that he would be unable to change his mind later when he gets a higher offer for the land or house or for any other reason whatsoever.

It will also stand as rock-solid and legally binding proof of the land transaction.

Don’t ignore this and make payment based on trust. If you do, body go tell you 😁

By law, land transactions can only be done in written form. The proper form oh, not just any written form.

This one no dey for “Barrister, but I wrote something down, signed and gave him and his witness to sign. My wife and the agent were even there.” If you like, make all una street people dey there 😅

Make them no go looseguard you.

Hope you’re having a beautiful day.

If you need help with proper legal guidance, investigations, documentation or other related matters for your land or house transactions, call us on +2347030868694 or send us a WhatsApp message through our WhatsApp link.

WhatsApp link is wa.link/2lzdau

Enjoy the rest of your day.