Document background
The Irrevocable Deed of Gift is a crucial legal instrument in Nigerian property law, used when an individual or entity wishes to permanently transfer ownership of property to another party without receiving payment in return. This document is commonly used in family settlements, charitable donations, corporate restructuring, and estate planning. It must conform to strict legal requirements under Nigerian law, including proper execution, attestation, and registration. The deed must clearly identify the parties, precisely describe the gifted property, and explicitly state the irrevocable nature of the transfer. It's particularly important in Nigerian context due to the interplay between statutory law, customary law, and Islamic law in property matters. The document requires careful drafting to ensure it meets all formal requirements and effectively transfers legal title to the property.
