All Countries
Real Estate
Deed Of Sale Of House And Lot Rights

Deed Of Sale Of House And Lot Rights Template for Nigeria

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Deed Of Sale Of House And Lot Rights

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Deed Of Sale Of House And Lot Rights

"I need a Deed of Sale of House and Lot Rights for a residential property sale in Lagos, Nigeria, with completion scheduled for March 2025; the property is currently unoccupied and I want to include specific warranties about the property's structural condition."

Celebrated by
Collaborations with
Investors
Document background
The Deed of Sale of House and Lot Rights is a crucial legal instrument in Nigerian property transactions, essential for documenting the transfer of real estate ownership. This document type is specifically used when transferring both a house and its associated land rights, taking into account the unique requirements of Nigerian land law, particularly the Land Use Act 1978. The deed must include specific elements such as property details, consideration, and governmental consents, while ensuring compliance with both federal and state-specific requirements. It's commonly used in both residential and commercial property transactions, requiring careful attention to local land registration requirements and proper execution as a deed. The document serves as permanent evidence of the transfer and must be properly stamped and registered with relevant authorities to be fully effective.
Suggested Sections

1. Parties: Identification of the Vendor/Seller and Purchaser/Buyer with full legal names, addresses, and any additional party designations

2. Background: Recitals stating the Vendor's ownership, right to sell, and Purchaser's intention to buy

3. Definitions: Key terms used throughout the deed including Property, Completion Date, Purchase Price, and other relevant definitions

4. Property Description: Detailed legal description of the house and lot, including boundaries, measurements, and registered title information

5. Consideration: Purchase price, payment terms, and method of payment

6. Vendor's Representations and Warranties: Warranties regarding title, no encumbrances, right to sell, and property condition

7. Transfer of Title: Terms of property transfer, including timing and process

8. Completion Requirements: Actions required for completion, including documentation and registration

9. Possession: Terms for delivering possession of the property

10. Registration and Consent: Requirements for governor's consent and property registration under the Land Use Act

11. Costs and Taxes: Allocation of transaction costs, stamp duties, and registration fees

12. Governing Law: Specification of Nigerian law and relevant state jurisdiction

13. Execution: Signing requirements and witness provisions as required for a deed in Nigeria

Optional Sections

1. Existing Tenancies: Details of any existing tenants and treatment of ongoing tenancies - include if property is currently tenanted

2. Outstanding Charges: Treatment of existing mortgages or charges - include if property has existing encumbrances

3. Planning Permissions: Details of existing planning permissions or restrictions - include for properties with development potential

4. Service Charges: Details of ongoing service charges or management fees - include for properties in estates or managed developments

5. Environmental Matters: Environmental warranties and indemnities - include for industrial properties or properties with potential contamination

6. Dispute Resolution: Alternative dispute resolution procedures - include for high-value transactions

7. Force Majeure: Force majeure provisions - include in areas prone to natural disasters or political instability

Suggested Schedules

1. Property Schedule: Detailed technical description of the property including surveys, plans, and title particulars

2. Inventory Schedule: List of fixtures, fittings, and contents included in the sale

3. Title Documents: Copies of relevant title documents and certificates

4. Land Use Approvals: Copies of relevant government consents and approvals

5. Payment Schedule: If payment is in installments, detailed payment structure and dates

6. Property Certificates: Relevant property certificates including building approval and completion certificates

7. Outstanding Utilities: Schedule of utility bills and status of payments

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Property
Land
Building
Vendor
Purchaser
Purchase Price
Completion Date
Completion
Transfer Date
Title Documents
Certificate of Occupancy
Governor's Consent
Encumbrances
Fixtures and Fittings
Property Rights
Effective Date
Business Day
Bank Account
Deposit
Balance Purchase Price
Land Registry
Relevant Authority
State Government
Possession Date
Deed
Parties
Stamp Duty
Registration Fees
Survey Plan
Legal Charges
Planning Permission
Building Permit
Property Taxes
Outstanding Charges
Title Search
Force Majeure Event
Vacant Possession
Material Breach
Permitted Use
Working Hours
Relevant Industries

Real Estate

Construction

Banking and Finance

Legal Services

Property Development

Urban Planning

Housing Development

Property Investment

Facilities Management

Urban Development

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Corporate Affairs

Facilities

Asset Management

Operations

Risk Management

Documentation

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Agent

Property Developer

Legal Counsel

Compliance Officer

Real Estate Investment Manager

Property Valuer

Land Administrator

Title Officer

Real Estate Transaction Manager

Property Rights Specialist

Corporate Counsel

Development Director

Asset Manager

Industries
Land Use Act 1978: The fundamental law governing land ownership and transfer in Nigeria. It vests all land in the state governors to hold in trust for the people. Required for understanding land rights, transfer procedures, and obtaining necessary consent for property transactions.
Conveyancing Act: Provides the legal framework for property transfer, including requirements for valid property deeds, proper documentation, and transfer procedures.
Registration of Titles Law: Governs the registration of property titles and maintenance of land registers. Ensures proper documentation and legal transfer of property rights.
Stamp Duties Act: Requires proper stamping of property documents and payment of appropriate duties for the deed to be admissible in court and legally valid.
Contract Law: General principles of contract law applicable to property transactions, ensuring proper formation, consideration, and enforcement of the sale agreement.
Federal Capital Territory Act: Specific regulations for property transactions within Abuja, the federal capital territory, if the property is located there.
State Property and Land Laws: Specific state laws governing property transactions in the particular state where the property is located, including local consent requirements and fees.
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Motor Vehicle Sale Deed

A Nigerian law-governed deed documenting the sale and transfer of ownership of a motor vehicle, including essential transaction details and regulatory compliance requirements.

find out more

Deed Of Sale Of House And Lot Rights

A Nigerian legal document transferring ownership rights of a house and land from seller to buyer, compliant with the Land Use Act and state property laws.

find out more

Deed Of Absolute Sale For House And Lot

A legal instrument for transferring complete ownership of house and lot property in Nigeria, compliant with local property laws and registration requirements.

find out more

3rd Owner Deed Of Sale

A Nigerian legal document transferring property ownership while verifying two previous ownership transfers, ensuring compliance with federal and state property laws.

find out more

Deed Of Sale Company Vehicle

A Nigerian law-compliant deed for transferring ownership of a company vehicle, including vehicle details, warranties, and payment terms.

find out more

Deed Of Absolute Sale With Special Power Of Attorney

A Nigerian law-governed document combining property sale and power of attorney provisions for comprehensive property transfer and representation rights.

find out more

Grant Bargain Sale Deed

A formal legal document under Nigerian law used to transfer ownership rights in real property, requiring Governor's Consent and compliance with the Land Use Act.

find out more

Bargain And Sale Deed

A legal document used in Nigeria for transferring real property ownership from a grantor to a grantee, subject to the Land Use Act and requiring Governor's consent.

find out more

Deed Of Sale Of Firearm

A formal deed under Nigerian law documenting the legal transfer of ownership of a firearm, including all necessary regulatory compliance and registration requirements.

find out more

Deed Of Sale Letter

A formal Nigerian legal document that evidences the transfer of property ownership rights from seller to buyer, subject to Nigerian property law requirements.

find out more

Car Deed Of Absolute Sale

A legal document under Nigerian law that facilitates and evidences the complete transfer of vehicle ownership between parties.

find out more

Deed Of Sale Motorcycle

A legal document under Nigerian law that formalizes the transfer of motorcycle ownership from seller to buyer, including sale terms and vehicle details.

find out more

Deed Of Sale Property

A legally binding document under Nigerian law that transfers property ownership from seller to buyer, complying with federal and state property regulations.

find out more

Deed Of Sale Of Shares

A formal deed under Nigerian law documenting the sale and transfer of shares between parties, including terms, conditions, and warranties.

find out more

Deed Of Sale Condominium

A legal instrument under Nigerian law for transferring ownership of a condominium unit, detailing property specifications, rights, and obligations of all parties involved.

find out more

Business Deed Of Sale

A Nigerian legal document facilitating the transfer of business ownership or assets, ensuring compliance with local laws and regulations.

find out more

Temporary Deed Of Sale

A Nigerian legal document establishing temporary property ownership transfer terms and conditions, compliant with the Land Use Act and property laws.

find out more

Final Deed Of Sale

A legal document under Nigerian law that transfers property ownership from seller to buyer, requiring governmental consent and formal registration.

find out more

Flat Sale Deed

A legal document for transferring ownership of an apartment/flat in Nigeria, complying with the Land Use Act and requiring Governor's consent.

find out more

Deed Of Sale Of Motor Vehicle With Assumption Of Mortgage

A Nigerian legal document facilitating the sale of a mortgaged vehicle with the transfer of existing mortgage obligations to the buyer.

find out more

Deed Of Sale Of Motor Vehicle Company Owned

A Nigerian law-governed deed for transferring ownership of a company-owned vehicle to a buyer, ensuring proper corporate authorization and compliance with vehicle transfer regulations.

find out more

Deed Of Sale Of Franchise

A Nigerian law-governed deed that documents the sale and transfer of franchise rights and obligations from a franchisor to a franchisee, including all associated assets and intellectual property.

find out more

Deed Of Sale Motor Vehicle

A Nigerian law-governed deed that legally documents and executes the transfer of ownership of a motor vehicle between seller and buyer.

find out more

Deed Of Absolute Sale Of A Portion Of Land

A legal document used in Nigeria for transferring ownership of a portion of land from seller to buyer, requiring Governor's consent under the Land Use Act.

find out more

Conveyance Sale Deed

A legal document under Nigerian law that transfers property ownership from seller to buyer, requiring Governor's consent and land registry registration.

find out more

Bike Sale Deed Form

A Nigerian law-compliant deed document for formalizing motorcycle sales and ownership transfer between parties.

find out more

Simple Deed Of Sale Of Land

A legal document for transferring land ownership rights in Nigeria, complying with the Land Use Act and requiring Governor's consent.

find out more

Land Purchase Deed

A legal instrument for transferring land ownership under Nigerian law, requiring Governor's consent and complying with the Land Use Act.

find out more

Deed Of Sale For Car

A formal deed under Nigerian law documenting the sale and transfer of ownership of a motor vehicle between parties, including essential terms and conditions of sale.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.