The Deed of Sale of House Only is a crucial legal document used in Nigerian property transactions when transferring ownership of a residential property without accompanying land transfer arrangements. This document is essential when the house being sold is subject to separate ownership from the land it stands on, a situation that can arise under Nigeria's Land Use Act 1978. The deed must comply with both federal and state-level property laws and requires careful drafting to ensure enforceability. It typically includes detailed property descriptions, warranties about the property's condition and title, specific payment terms, and completion arrangements. This document is particularly relevant in urban areas where complex property ownership structures exist and is commonly used in situations involving long-term land leases or where land rights are retained by government authorities.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
Alternatively...
1. Parties: Identifies and defines the Vendor/Seller and Purchaser/Buyer with their full legal names and addresses
2. Background: Recites the Vendor's ownership of the property and intention to sell
3. Definitions: Defines key terms used throughout the deed including 'Property', 'Completion Date', and 'Purchase Price'
4. Agreement to Sell: The operative words of sale and transfer of the property
5. Consideration: States the purchase price and payment terms
6. Vendor's Representations and Warranties: Vendor's confirmations regarding title, capacity to sell, and property condition
7. Property Title and Documents: Details of title documents and transfer requirements
8. Completion: Specifies completion date, location, and requirements
9. Possession: Terms for giving possession to the Purchaser
10. Risk and Insurance: Provisions regarding transfer of risk and insurance responsibilities
11. Execution Requirements: Format and requirements for valid execution as a deed
12. Governing Law: Specifies Nigerian law as governing law
1. Third Party Rights: Include when there are existing tenants or other third-party interests in the property
2. Planning Permissions: Include when the property has specific planning permissions or restrictions
3. Environmental Matters: Include when there are environmental issues or concerns
4. Service Charge Provisions: Include for properties in estates or with shared facilities
5. Capital Gains Tax: Include specific provisions about responsibility for capital gains tax
6. Mortgage Details: Include if the property is subject to an existing mortgage to be discharged
7. Special Conditions: Include any unique terms specific to this transaction
1. Schedule 1 - Property Description: Detailed description of the property including boundaries, measurements, and registration details
2. Schedule 2 - Title Documents: List of all title documents and relevant land certificates
3. Schedule 3 - Fixtures and Fittings: Inventory of items included and excluded from the sale
4. Schedule 4 - Property Plans: Survey plans and property drawings
5. Appendix A - Property Photographs: Recent photographs of the property for identification
6. Appendix B - Required Consents: Copies of any required governmental or regulatory consents
Authors
Find the document you need
Used Mobile Sale Agreement
A Nigerian law-governed agreement for the sale of used mobile devices, ensuring compliant transfer of ownership and protecting both buyer and seller interests.
Download
Sale And Leaseback Agreement
A Nigerian law-governed agreement enabling property sale with immediate leaseback to the seller, combining property transfer and lease terms.
Download
Deed Of Sale Of House Only
A legal instrument under Nigerian law that documents and effectuates the transfer of house ownership from seller to buyer, ensuring compliance with local property regulations.
Download
Standard Consignment Agreement
A Nigerian law-governed agreement establishing terms for consignment sales arrangements, including pricing, commissions, and operational procedures.
Download
Used Car Sale Contract
A Nigerian law-governed contract for the sale and purchase of used vehicles, ensuring legal compliance and protecting both parties' interests.
Download
Simple Land Sale Contract
A comprehensive land sale agreement compliant with Nigerian law, facilitating the legal transfer of land ownership while ensuring regulatory compliance.
Download
For Sale By Owner Home Purchase Contract
A legal agreement for direct property sales between owners and buyers in Nigeria, complying with Nigerian property law and land registration requirements.
Download
Exclusive Selling Agency Agreement
A Nigerian law-governed agreement establishing an exclusive selling agency relationship, defining territory rights, commission structures, and mutual obligations between Principal and Agent.
Download
Sale Of Shares In Private Company Agreement
A Nigerian law-governed agreement for the sale and purchase of shares in a private company, documenting terms, conditions, and regulatory compliance requirements.
Download
Estate Sale Agreement
A legally binding agreement under Nigerian law for the sale and transfer of real estate property, detailing terms, conditions, and compliance requirements.
Download
Mortgage Sale Agreement
A Nigerian law-governed agreement combining property sale terms with mortgage financing arrangements, subject to Land Use Act requirements.
Download
Mobile Home Sale Contract
A Nigerian law-governed contract for the sale and purchase of a mobile home, detailing terms, conditions, and compliance requirements.
Download
Bill Of Sale Contract
A Nigerian law-compliant document evidencing the transfer of ownership of personal property from seller to buyer, including sale terms and warranties.
Download
Business Sale Agreement
A Nigerian law-governed agreement detailing the terms and conditions for the sale and purchase of a business, including assets, liabilities, and associated rights and obligations.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your data is private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
