Deed Of Sale Agreement Template for Nigeria

1. Parties: Identifies and provides full details of the Vendor/Seller and Purchaser/Buyer, including their addresses and registration details if companies

2. Background: Recitals establishing the Vendor's ownership, authority to sell, and Purchaser's intention to buy

3. Definitions: Defines key terms used throughout the deed including Property, Completion Date, Purchase Price, and other relevant terms

4. Sale and Purchase: Core provision stating the agreement to sell and purchase the property for the specified consideration

5. Purchase Price: Specifies the agreed purchase price and payment terms including deposit and balance payment arrangements

6. Completion: Details the completion process, timing, and requirements for transfer of title

7. Vendor's Covenants: Vendor's warranties and representations regarding title, property condition, and authority to sell

8. Property Title: Confirms good and marketable title, free from encumbrances

9. Registration and Consent: Provisions regarding Governor's consent and registration requirements under Nigerian law

10. Execution Requirements: Specifies requirements for valid execution as a deed under Nigerian law

11. Governing Law: Confirms Nigerian law as governing law and jurisdiction

1. Property Description: Detailed description of the property including boundaries, measurements, and plans

2. Title Documents: List of all title documents and evidence of ownership

3. Inventory: List of fixtures, fittings, and contents included in the sale

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

5. Required Consents: List of necessary consents and approvals required for the sale

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