Land Agreement Between Two Parties Template for Nigeria

1. Parties: Identification and details of the parties entering into the agreement, including full legal names, addresses, and contact information

2. Background: Context of the transaction, including brief history of the property ownership and purpose of the agreement

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

4. Property Description: Detailed description of the land, including boundaries, measurements, and registration particulars

5. Consideration: Details of the purchase price or other consideration and payment terms

6. Warranties and Representations: Seller's warranties regarding ownership, title, encumbrances, and authority to sell

7. Completion Requirements: Steps to be taken to complete the transaction, including documentation and registration requirements

8. Governor's Consent: Provisions regarding obtaining necessary government consents as required by the Land Use Act

9. Title Documents: Details of existing title documents and transfer requirements

10. Costs and Taxes: Allocation of transaction costs, including registration fees, stamp duty, and taxes

11. Governing Law: Specification of Nigerian law and relevant state jurisdiction

12. Dispute Resolution: Procedures for handling disputes, including jurisdiction and applicable dispute resolution mechanisms

1. Property Schedule: Detailed technical description of the property, including survey plans and coordinates

2. Payment Schedule: Detailed breakdown of payment terms, installments, and deadlines if applicable

3. Title Documents: Copies or details of relevant title documents and certificates

4. Land Use Specifications: Details of permitted use, zoning, and development restrictions

5. Existing Encumbrances: List of any existing charges, mortgages, or other encumbrances on the property

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

7. Completion Checklist: List of documents and actions required for completion