Document background
The 14 Day Notice of Intention to Sell is a mandatory legal requirement in Nigerian property transactions, designed to ensure transparency and protect the interests of all parties involved in property sales. This document must be issued before proceeding with any property sale in Nigeria, complying with federal and state-specific property laws. It is particularly important in cases involving leased properties, mortgaged properties, or properties with multiple stakeholders. The notice serves multiple purposes: it formally declares the owner's intention to sell, provides necessary details about the property, and gives interested parties the legally required time to respond or take necessary actions. The document is crucial for maintaining proper documentation and ensuring legal compliance in Nigerian property transactions.
