A Deed of Exchange is the right legal mode for two land/house or other property owners who choose to swap properties instead of to sell.
Rather than going through separate sales and payments, both of them will exchange their lands, buildings, houses or valuable equipment in one transaction.
It is an important legal document that ensures ownership transfers at the same time between two persons. The moment the document is properly prepared and signed, each person becomes the lawful owner of the other person’s property.
A Deed of Exchange is efficient as it saves time, removing the need to sell to a third party before acquiring another property.
Another advantage is that it reduces cost of transactions and simplifies the process.
It also protects both persons legally by clearly stating the properties involved, their values, that ownership is being transferred and the duties of each person.
For it to truly protect your new ownership, the document must be properly drafted and signed in line with applicable property laws. Any mistake can create serious complications later.
You do not want that. Do you? This is why you need a Property Lawyer.
A properly prepared Deed of Exchange guarantees that two property owners exchange their properties securely and fully protected by Nigerian property law.
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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.