What if the perfect property deal is not a sale at all?
One way to own land and house in Nigeria is through an exchange.
Instead of buying, two persons can lawfully swap their lands, buildings or other assets using a Deed of Exchange.
A Deed of Exchange is a legal document that transfers ownership of properties at the same time, saving time, reducing costs and protecting the interests of persons involved.
Many people wrongly assume that because both parties agree, the transaction is automatically safe.
Before any property exchange takes place, a trusted Property and Real Estate Lawyer should investigate both properties, verify their ownership, confirm that there are no claims, mortgages, disputes, Government acquisitions or other legal issues over the properties.
The Deed of Exchange must be well drafted to clearly state each person’s rights, duties, indemnity, the properties being exchanged and give legal protection, to avoid ownership disputes, financial losses and avoidable litigation.
Whether you live in Nigeria or abroad, never exchange land, houses or other property on trust or promises.
At Apex Chambers, we advise that every land/building/property transaction begins with thorough investigations and have well prepared legal documents that protect your investment, ownership and give you rest of mind.
Exchange properties the right way using the right Lawyer.
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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