The Authorization Letter to Sell Property is a crucial document in Nigerian property transactions where a property owner wishes to delegate the authority to sell their property to another person. This document is commonly used when owners are unable to personally handle the sale due to various reasons such as being abroad, having business commitments, or preferring professional representation. The letter must comply with Nigerian property laws and regulations, particularly the Land Use Act of 1978 and relevant property conveyancing laws. It typically includes detailed information about the property, the scope of authority granted, the duration of the authorization, and any specific conditions or limitations. The document serves as legal protection for all parties involved and is often required by land registry offices, banks, and other institutions involved in property transactions.
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1. Date and Place: Current date and location where the letter is being executed
2. Principal's Details: Full name, address, and contact information of the property owner granting the authorization
3. Agent's Details: Full name, address, and contact information of the person being authorized to sell the property
4. Property Description: Detailed description of the property including address, title information, and registration details
5. Authorization Statement: Clear statement of the powers being granted to the agent regarding the sale of the property
6. Scope of Authority: Specific powers granted, including negotiating price, signing documents, receiving funds, etc.
7. Duration of Authority: Period for which the authorization is valid
8. Principal's Signature: Signature of the property owner with date
9. Witness Details and Signature: Name, address, and signature of witness(es)
1. Special Conditions: Any specific conditions or restrictions on the sale, such as minimum sale price or preferred buyer characteristics
2. Revocation Clause: Terms under which the authorization can be revoked before expiration
3. Indemnification Clause: Protection for the agent against claims arising from authorized actions
4. Succession Clause: Provisions for what happens if the principal becomes incapacitated or dies during the authorization period
5. Governing Law Statement: Explicit statement that the authorization is governed by Nigerian law
1. Property Title Documents: Copies of property ownership documents and registration certificates
2. Principal's Identification: Copies of the property owner's valid identification documents
3. Agent's Identification: Copies of the authorized agent's valid identification documents
4. Property Photographs: Recent photographs of the property being authorized for sale
5. Property Valuation Report: If applicable, professional valuation report setting the market value of the property
Authors
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Development
Legal Services
Banking and Finance
Construction
Urban Development
Agricultural Land Management
Commercial Property Management
Residential Property Management
Relevant Teams
Legal
Real Estate
Property Management
Administrative
Compliance
Documentation
Sales
Customer Relations
Asset Management
Relevant Roles
Real Estate Agent
Property Manager
Legal Counsel
Property Lawyer
Estate Administrator
Land Registry Officer
Property Developer
Real Estate Broker
Conveyancing Lawyer
Property Consultant
Estate Manager
Title Officer
Property Administrator
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