Vehicle Transfer Of Ownership Agreement Template for Nigeria

1. Outstanding Loans or Encumbrances: Required if there are any existing loans or liens on the vehicle that need to be cleared

2. Insurance Transfer: Include when existing insurance policy is being transferred or terminated

3. Maintenance Records: Optional section detailing vehicle maintenance history when relevant

4. Intermediary or Agent: Required when a dealer or agent is involved in the transfer

5. Import Documentation: Required for imported vehicles to confirm compliance with customs regulations

6. Payment in Installments: Include when payment is not made in full at time of transfer

7. Defects Disclosure: Detailed disclosure of known defects or damage, recommended for older vehicles

1. Schedule A - Vehicle Inspection Report: Detailed report of vehicle condition and any existing damage at time of transfer

2. Schedule B - Vehicle Documentation: List of all documentation being transferred with the vehicle

3. Schedule C - Payment Schedule: If applicable, details of installment payments and dates

4. Appendix 1 - Vehicle Photographs: Recent photographs of vehicle showing condition and any damage

5. Appendix 2 - Maintenance Records: Copies of service history and maintenance records

6. Appendix 3 - Original Documentation: Copies of original vehicle registration, insurance, and other relevant certificates