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1. Parties: Identification of the Vendor/Seller and Purchaser/Buyer with full legal names and addresses
2. Background: Recitals stating the ownership of the property, intention to sell, and any relevant context
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the property being sold including boundaries and registration details
5. Sale and Purchase: Core agreement to sell and purchase the property
6. Purchase Price: Amount, payment terms, and method of payment
7. Completion: Timing and mechanics of completion, including documents to be delivered
8. Vendor's Warranties: Standard warranties about title, capacity to sell, and property condition
9. Purchaser's Warranties: Warranties about capacity to purchase and funding
10. Title and Registration: Provisions regarding transfer of title and registration requirements
11. Costs and Taxes: Allocation of transaction costs, stamp duty, and registration fees
12. Notices: Process for serving notices between parties
13. Governing Law: Confirmation of Nigerian law as governing law
14. Execution: Signature blocks and attestation requirements
1. Conditions Precedent: Used when completion is subject to specific conditions being met
2. Property Inspection: Include when specific inspection rights are granted before completion
3. Environmental Matters: Required for properties with potential environmental concerns
4. Planning Permissions: Needed when dealing with properties requiring specific planning approvals
5. Existing Tenancies: Include when property is sold subject to existing tenancies
6. Service Contracts: Required when property is sold with ongoing service contracts
7. Mortgage Details: Include when property is being sold subject to or with the benefit of a mortgage
8. Default and Remedies: Detailed provisions for breach scenarios in complex transactions
9. Force Majeure: Include for longer-term transactions with completion risks
10. Anti-Money Laundering: Required for high-value transactions or when parties are subject to specific regulations
1. Property Schedule: Detailed property description, including plans and measurements
2. Title Documents: List of all title documents and certified copies
3. Purchase Price Schedule: Breakdown of purchase price and payment terms if complex
4. Completion Requirements: Detailed list of documents and requirements for completion
5. Outstanding Matters: List of matters to be resolved before or after completion
6. Existing Encumbrances: Details of any existing charges, mortgages, or encumbrances
7. Property Contents: Inventory of included fixtures, fittings, and contents if applicable
8. Required Consents: List of necessary governmental and regulatory approvals
Real Estate
Construction
Banking and Finance
Hospitality
Retail
Industrial
Agricultural
Commercial Property
Residential Property
Infrastructure Development
Education
Healthcare
Legal
Real Estate
Property Management
Compliance
Finance
Operations
Commercial
Investment
Business Development
Risk Management
Asset Management
Real Estate Lawyer
Property Manager
Real Estate Developer
Commercial Director
Legal Counsel
Land Administrator
Property Valuer
Estate Agent
Compliance Officer
Transaction Manager
Real Estate Investment Manager
Facilities Manager
Asset Manager
Chief Legal Officer
Property Development Director
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