THE DOCUMENT YOUR PROPERTY LAWYER SHOULD PREPARE WHEN YOU BUY LAND OR BUILDING – DEED OF CONVEYANCE
When buying land/house, paying money is not enough. Without proper documentation, you may end up not owning the land/building you paid for.
A Deed of Conveyance is a legal document prepared by a Property Lawyer, transferring ownership of land or building from the seller to the buyer. It stands as undeniable proof that the sale is complete.
Think of it as the voice of the land saying: this property now belongs to you. Without it, your claim of buying the property can be challenged, no matter how much you paid.
Under Nigerian law, a valid Deed of Conveyance must clearly identify the parties, describe the property, state the purchase price and be signed, sealed and delivered. It must also be registered at the appropriate quarters. This protects you from fraud, double sales or future disputes.
Many people lose properties because they only held receipts or informal agreements. A Deed of Conveyance is officially recognized by the courts, enforceable against every other person.
It is your evidence of ownership of land/building.
So when you buy land/building, get a Property Lawyer to draft/prepare and register a Deed of Conveyance for you. After you and the seller and witnesses on both sides sign, the Property Lawyer will register the Deed of Conveyance.
Know this and know peace.
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APEX CHAMBERS, Law Firm of Property/Real Estate and Business/Corporate/Commercial Lawyers, Attorneys, Barristers, Solicitors Advocates, Legal Practitioners rendering legal services, Legal Consultants and Notary Public with Law Office in Port Harcourt, Rivers State, Nigeria