Document background
The Even Trade Bill of Sale is a specialized legal document used in Nigeria when two parties wish to exchange items of comparable value without involving monetary payment. This document type is particularly relevant in situations where parties prefer direct item-for-item exchanges, common in business-to-business transactions, asset swaps, or equipment exchanges. The document must comply with Nigerian Bills of Sale Law and related commercial legislation, requiring proper stamping and potential registration depending on the value and nature of items being traded. The Even Trade Bill of Sale includes comprehensive details about both items being exchanged, warranties of ownership and condition, delivery arrangements, and title transfer provisions. It serves as official documentation of the exchange for legal and record-keeping purposes, while providing protection for both parties in the transaction.
