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Original Sale Deed

Original Sale Deed Template for Nigeria

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Key Requirements PROMPT example:

Original Sale Deed

"I need an Original Sale Deed for transferring a commercial property in Lagos State, Nigeria, from my company to a foreign investor, with completion scheduled for March 2025 and including special provisions for existing tenant agreements."

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Document background
The Original Sale Deed is a fundamental legal document in Nigerian property law, used to transfer ownership of immovable property from one party to another. This document type is essential when conducting property transactions in Nigeria and must comply with the Land Use Act 1978 and relevant state property laws. The deed serves as conclusive proof of property transfer and requires several formal elements including proper execution, attestation, stamping, and registration. When drafting an Original Sale Deed, particular attention must be paid to accurate property description, clear statement of consideration, proper party identification, and inclusion of necessary warranties and covenants. The document typically requires Governor's consent for validity and must be registered with the appropriate state land registry to perfect the title.
Suggested Sections

1. Parties: Full identification of the Vendor(s) and Purchaser(s) including names, addresses, and any capacity in which they are acting

2. Recitals: Background information establishing the Vendor's ownership, property history, and intention to sell

3. Definitions: Definitions of key terms used throughout the deed

4. Consideration: Clear statement of the purchase price and payment terms

5. Parcel Description: Detailed legal description of the property being transferred

6. Transfer Declaration: Formal words of transfer and conveyance of the property

7. Vendor's Covenants: Warranties and representations regarding title, right to sell, and freedom from encumbrances

8. Title Documents: List of all relevant title documents being transferred

9. Execution Requirements: Formal requirements for signing, sealing, and attestation

Optional Sections

1. Special Conditions: Include when there are specific conditions attached to the sale or property use

2. Existing Tenancies: Required when the property is subject to ongoing tenancy agreements

3. Planning Permissions: Include when the property has specific planning permissions or restrictions

4. Environmental Warranties: Include for properties in industrial areas or with potential environmental concerns

5. Service Charges: Required for properties within estates or with shared facilities

6. Development Restrictions: Include when there are specific building or development restrictions on the property

Suggested Schedules

1. Property Schedule: Detailed description of the property including boundaries, measurements, and features

2. Title Documents Schedule: List and copies of all relevant title documents and certificates

3. Payment Schedule: If payment is to be made in installments, details of payment plan

4. Encumbrances Schedule: List of any existing charges, mortgages, or encumbrances affecting the property

5. Plan/Survey Schedule: Authenticated survey plan and property drawings

6. Inventory Schedule: If the sale includes fixtures and fittings, a detailed inventory

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






























Clauses
























Relevant Industries

Real Estate

Construction

Property Development

Agriculture

Industrial Manufacturing

Retail

Hospitality

Healthcare

Education

Mining

Oil and Gas

Relevant Teams

Legal

Compliance

Real Estate

Property Management

Facilities Management

Risk Management

Corporate Secretariat

Investment

Operations

Administrative Services

Relevant Roles

Real Estate Manager

Property Lawyer

Legal Counsel

Compliance Officer

Property Manager

Land Administrator

Real Estate Developer

Construction Manager

Facilities Manager

Company Secretary

Risk Manager

Investment Manager

Asset Manager

Property Valuation Officer

Industries







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Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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