Explicitly state how the agreement is terminated if one of the parties is late under the terms agreed in the agreement. These documents are essential because they are necessary to process a search in the land registry, the registration of the title, the registration of documents and the registration of the certificate of occupancy. It is equally important to respect the LEGAL CONSEQUENCES OF REGISTRATION OF LAND IN NIGERIA, which are essentially three: non-registration may cancel (i) certain documents, (ii) make them inadmissible as evidence in judicial proceedings and (iii) make them less of a priority vis-à-vis the same countries. It should of course be noted that the recording alone does not resolve the instrument covered by a defect (legal document) and does not confer effect or validity on it that the instrument would not otherwise have had, except for the recording. You need information from buyers and sellers. You also need to know the peculiarities of the property of interest. They must be the size of the country, the situation, the local government (LGA) and the state within Nigeria. DOCUMENTS NEEDED TO PURCHASE LAND IN NIGERIA. During the process of buying land, there are a number of important documents needed by the seller to effectively validate the transaction. These documents are necessary because they are in the property that the buyer owns with respect to the land. It is important to note that there are different types of land documents in Nigeria. These documents include: A land acquisition contract must include the following conditions: PROOF OF LAND OWNERSHIP IN NIGERIA There have always been disputes over land issues that often end in litigation; This is usually the result of the lack of proper documentation for the correct ownership of the land and also the inability to complete the process of acquiring a perfect property of the land.
Therefore, in the interests of fairness, the court will rule in favour of any party that can prove a better title to a property or property. This was the Tribunal`s position in ELEGUSHI v. OSENI (2005) 14 NWLR (PT 945) AT 348. Thus, it is legally possible that the owner of a land or land may not appear as a person with a better title before the law, as was held in the case of Agboola v. United Bank for Africa Plc. (2011) 4 CLRN 33. In the popular case IDUNDUN v. OKUMAGBA (1976) 9-10 SC, 227 1 NMLR, the Supreme Court found that ownership or ownership of land could be proven in one of five ways: after the execution of the sale contract by the parties and after the payment of the entire purchase price, the parties proceed with each other`s transfer or promotion. A deed of transfer is the main proof that transfers ownership of the client`s land (now centrifuged) to the buyer (agent).
The only purpose of this article is to show you an agreement to sell Nigerian sample country.