Mobile Home Sales Agreement Template for Nigeria

The Mobile Home Sales Agreement is a specialized legal document designed for use in Nigeria when transferring ownership of mobile or manufactured homes between parties. This agreement is essential for transactions involving mobile homes, whether new or pre-owned, and can be used by individuals, dealers, or companies engaged in mobile home sales. The document addresses unique aspects of mobile home transactions, including delivery, installation, land use considerations, and compliance with Nigerian property and consumer protection laws. It's particularly important given the growing market for alternative housing solutions in Nigeria and the need to properly document these transactions in accordance with federal and state regulations. The agreement includes provisions for payment terms, warranties, delivery specifications, and title transfer, while accounting for local zoning and land use requirements specific to mobile homes.

1. Parties: Identification and details of the seller and buyer, including full legal names, addresses, and contact information

2. Background: Context of the sale and brief description of the transaction

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

4. Sale and Purchase: Core terms of the sale, including identification of the mobile home and confirmation of the transaction

5. Description of Mobile Home: Detailed description of the mobile home including make, model, year, serial number, dimensions, and current condition

6. Purchase Price: Statement of the total purchase price and payment terms

7. Payment Terms: Detailed breakdown of payment schedule, deposit requirements, and payment methods

8. Delivery and Installation: Terms regarding delivery, setup, and installation of the mobile home

9. Transfer of Title: Process and requirements for transferring ownership

10. Seller's Representations and Warranties: Seller's guarantees regarding the condition and ownership of the mobile home

11. Buyer's Representations: Buyer's acknowledgments and confirmations

12. Closing and Possession: Details of when and how the sale will be completed and possession transferred

13. Risk and Insurance: Assignment of risk and insurance requirements during transfer and installation

14. Default and Remedies: Consequences of default by either party and available remedies

15. Governing Law: Specification of Nigerian law as governing law and jurisdiction

16. General Provisions: Standard contract clauses including notices, amendments, and severability