Land Acquisition Agreement Template for Nigeria

1. Environmental Matters: Required when the property has environmental concerns or requires environmental impact assessment

2. Customary Rights: Needed when the land is subject to customary rights or community claims

3. Development Obligations: Used when the acquisition includes specific development commitments or restrictions

4. Foreign Investment Provisions: Required when the buyer is a foreign entity, addressing NIPC requirements

5. Resettlement Provisions: Necessary when the acquisition involves displacement of existing occupants

6. Third Party Rights: Required when there are existing leases, easements, or other third-party interests

7. Tax Provisions: Detailed tax arrangements when complex tax implications exist

1. Property Schedule: Detailed technical description of the land, including surveys, plans, and coordinates

2. Title Documents: Copies of existing title documents, certificates of occupancy, and historical transfers

3. Due Diligence Results: Summary of legal and technical due diligence findings

4. Environmental Reports: Environmental impact assessments and related reports if applicable

5. Payment Schedule: Detailed breakdown of payment terms and installments if applicable

6. Required Consents: List of governmental and regulatory approvals required and obtained

7. Encumbrances: Details of any existing encumbrances, charges, or restrictions on the land