Land Sale Agreement Sample In Nigeria Pdf

Finally you ll get to try your hand at creating a land sale agreement for yourself.

Land sale agreement sample in nigeria pdf. This agreement supersedes and replaces all obligations made in any prior contract to purchase or agreement for sale entered into by the parties. You may also see sample rental agreement. You ll need to have the information of the buyers and sellers. The purchaser acknowledges that he has inspected the property for his use and enjoyment as licensee and if he defaults in payment of the balance of the property to the vendor and the deposit paid under this agreement shall be fortified.

The sole purpose of this article is to show you a nigerian land sale agreement sample. Warranties do not buy a product without having an idea how long it ll be durable for how its acquisition will benefit you and ease that having the product will give to you. Land contract agreements are definitive types of real estate contract documents that details the sale between the seller and the buyer for a piece of land or property that is normally paid in installment. Has the right to terminate this agreement and claim back the payments which the seller has received from the buyer.

The duly executed deed of assignment and the original certificate of occupancy to the assignee. Exercise of its power of sale under the provisions of the deed of legal mortgage. This form comprises of the important clauses that are essential to guard such a transaction. Land use agreement form.

In the case of landed properties the land agreement should equally guarantee that the transfer of title will be carried out at the appointed time that the land will be just as. Usual for sale for rent or vacancy signs on the premises at any time within forty five 45 days before the expiration of this lease. The purchaser after the execution of this agreement shall take immediate possession of the property. In the event the buyer defaults or breaches this agreement the seller has the right to confiscate all the payments under clause 2 terminate this agreement and claim damages.

This form can be used by a landowner to draft an agreement that allows him to sell the land to another person and in the bargain transfer the ownership of the land too. Nigerian land sale agreement. Standard land purchase and sale agreement with contingencies the parties make this agreement this day of. The right of entry shall likewise exist for the purpose of removing placards signs fixtures alterations or additions but do not conform to this agreement or to any restrictions.

Under this agreement the seller retains ownership of the piece of real estate until the buyer can make full payment of the property. It won t be perfect but it s a good start. This document protects the parties to the agreement as it contains. Land for sale in port harcourt.

707 of the land registry at akure the property situate at plot 6 on obanla layout akure ondo state of nigeria covered by certificate of.