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1. Parties: Identification and details of the Seller and Buyer, including full legal names, addresses, and registration details if companies
2. Background: Context of the sale and brief description of the transaction
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the property being transferred, including location, boundaries, and registration details
5. Consideration: Purchase price and payment terms, including method and timing of payment
6. Seller's Representations and Warranties: Seller's guarantees regarding ownership, property condition, and absence of encumbrances
7. Transfer of Title: Terms and process for transferring legal title to the buyer
8. Completion: Details of the completion process, including timing and requirements
9. Registration and Stamp Duty: Obligations regarding property registration and payment of stamp duties
10. Costs and Taxes: Allocation of transaction costs and tax obligations
11. Governing Law: Specification of Nigerian law as governing law and jurisdiction
12. Execution: Signature blocks and execution requirements
1. Condition of Property: Detailed description of property condition, used when selling property 'as is' or with specific conditions
2. Environmental Matters: Environmental warranties and indemnities, important for industrial or potentially contaminated properties
3. Planning and Zoning: Details of planning permissions and zoning requirements, relevant for development properties
4. Tenant Rights: Information about existing tenancies, used when property is sold with sitting tenants
5. Third Party Rights: Details of any third-party rights affecting the property
6. Post-Completion Obligations: Ongoing obligations after completion, such as maintenance or development requirements
7. Force Majeure: Provisions for unforeseen circumstances preventing completion
8. Anti-Money Laundering Compliance: Specific provisions for compliance with AML regulations, particularly for high-value transactions
1. Property Details Schedule: Detailed technical description of the property, including boundaries, measurements, and plans
2. Title Documents: List and copies of all relevant title documents
3. Encumbrances Schedule: Details of any existing charges, mortgages, or other encumbrances
4. Payment Schedule: Detailed breakdown of payment terms and installments if applicable
5. Property Plans: Survey plans, building plans, and other relevant diagrams
6. Inventory: List of fixtures, fittings, and contents included in the sale
7. Required Consents: List of necessary governmental or regulatory approvals
8. Outstanding Taxes and Utilities: Schedule of any outstanding payments or obligations
Property
Completion Date
Completion
Purchase Price
Deposit
Balance Purchase Price
Transfer Documents
Title Documents
Encumbrances
Business Day
Land Registry
Certificate of Occupancy
Effective Date
Execution Date
Force Majeure Event
Governmental Authority
Improvements
Land Use Act
Material Adverse Effect
Permitted Use
Planning Laws
Property Rights
Registration Fees
Seller's Solicitor
Buyer's Solicitor
Stamp Duty
Term
Third Party Rights
Title Deed
Vacant Possession
Working Hours
Purchase Documents
Applicable Laws
Due Diligence
Environmental Laws
Fixtures and Fittings
Governor's Consent
Legal Requirements
Parties
Survey Plan
Sale and Purchase
Consideration
Payment Terms
Title Transfer
Representations and Warranties
Seller's Covenants
Buyer's Covenants
Completion
Conditions Precedent
Registration Requirements
Stamp Duty
Property Inspection
Due Diligence
Risk and Insurance
Encumbrances
Title Guarantee
Environmental Matters
Planning and Zoning
Vacant Possession
Governor's Consent
Land Use Requirements
Default and Remedies
Force Majeure
Notices
Costs and Expenses
Tax Matters
Assignment
Entire Agreement
Severability
Governing Law
Dispute Resolution
Third Party Rights
Amendments
Counterparts
Survival
Indemnification
Confidentiality
Further Assurance
Real Estate
Construction
Banking and Finance
Legal Services
Agriculture
Industrial Manufacturing
Commercial Property
Residential Property
Hospitality
Retail
Healthcare
Education
Legal
Real Estate
Compliance
Finance
Operations
Corporate Secretariat
Business Development
Property Management
Investment
Facilities Management
Risk Management
Documentation
Legal Counsel
Property Manager
Real Estate Agent
Company Director
Compliance Officer
Land Administrator
Property Developer
Corporate Secretary
Finance Manager
Business Development Manager
Operations Manager
Asset Manager
Investment Analyst
Facilities Manager
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