Agreement For Sale And Sale Deed Template for Nigeria

1. Parties: Identification of the Vendor/Seller and Purchaser/Buyer with full legal names and addresses

2. Background: Recitals stating the ownership of the property, intention to sell, and any relevant context

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Description: Detailed description of the property being sold including boundaries and registration details

5. Sale and Purchase: Core agreement to sell and purchase the property

6. Purchase Price: Amount, payment terms, and method of payment

7. Completion: Timing and mechanics of completion, including documents to be delivered

8. Vendor's Warranties: Standard warranties about title, capacity to sell, and property condition

9. Purchaser's Warranties: Warranties about capacity to purchase and funding

10. Title and Registration: Provisions regarding transfer of title and registration requirements

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

12. Notices: Process for serving notices between parties

13. Governing Law: Confirmation of Nigerian law as governing law

14. Execution: Signature blocks and attestation requirements

1. Property Schedule: Detailed property description, including plans and measurements

2. Title Documents: List of all title documents and certified copies

3. Purchase Price Schedule: Breakdown of purchase price and payment terms if complex

4. Completion Requirements: Detailed list of documents and requirements for completion

5. Outstanding Matters: List of matters to be resolved before or after completion

6. Existing Encumbrances: Details of any existing charges, mortgages, or encumbrances

7. Property Contents: Inventory of included fixtures, fittings, and contents if applicable

8. Required Consents: List of necessary governmental and regulatory approvals