HOW TO BENEFIT FROM AN AGREEMENT/CONTRACT

HOW TO BENEFIT FROM AN AGREEMENT/CONTRACT

There is a legal principle called privity of contract. It means that only the people named in an agreement and who properly signed it can enforce rights or be bound by duties under that it.

If your name is not there, the law may treat you like a stranger, even if you contributed money, introduced the deal or were deeply involved.

Friends go into business together but only one person signs the agreement. Family members buy land using another person’s name. Business partners rely on trust and oral promises instead of proper legal documentation.

When issues arise, the excluded person suddenly discovers that emotional attachment does not automatically create legal rights.

Many diasporans send millions of Naira home for land/building purchases, developments or investments only to later discover that their names were never included in important documents.

By the time betrayal or disputes start, enforcing those rights can become very difficult.

So involve an experienced Property/Real Estate and Business Lawyer before signing any agreement, to ensure your ownership and interests are properly captured in legally enforceable documents.

Proper drafting, due diligence (investigation) and legal documentation can save you from loss and years of litigation.

Smart property and business investors do not rely on mere assumptions. They rely on proper legal protection.

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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