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1. Parties: Identification and details of all parties involved in the agreement, including full legal names, addresses, and registration details for companies
2. Background: Context of the transaction, including brief property history and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed legal description of the property including boundaries, measurements, and registration details
5. Transaction Terms: Core commercial terms including price/rent, payment terms, and payment schedule
6. Completion Requirements: Conditions precedent, completion process, and documentation requirements
7. Representations and Warranties: Statements of fact and assurances from both parties regarding the property and their capacity
8. Covenants: Ongoing obligations of both parties
9. Title and Registration: Provisions regarding property title, transfer process, and registration requirements under the Land Use Act
10. Risk and Insurance: Allocation of risk and insurance requirements
11. Default and Remedies: Consequences of breach and available remedies
12. Governing Law and Jurisdiction: Specification of Nigerian law and jurisdiction
13. Notices: Process for formal communications between parties
14. Boilerplate Clauses: Standard legal provisions including severability, entire agreement, and amendments
1. Development Obligations: Used when the agreement involves property development, specifying construction requirements and timelines
2. Environmental Matters: Required for properties with environmental concerns or specific requirements
3. Planning Permissions: Included when the transaction depends on obtaining specific planning or zoning approvals
4. Service Charge Provisions: Required for leasehold properties with service charge arrangements
5. Assignment and Subletting: Included in lease agreements to govern transfer rights
6. Break Clauses: Optional in lease agreements to provide early termination rights
7. Rent Review: Used in long-term lease agreements to establish rent adjustment mechanisms
8. Multiple Units: Required when the transaction involves multiple properties or units
9. Special Use Conditions: Included when the property has specific permitted use restrictions
1. Property Schedule: Detailed technical description of the property, including plans and measurements
2. Title Documents: List and copies of relevant title documents and certificates
3. Payment Schedule: Detailed breakdown of payment terms, installments, and due dates
4. Condition Report: Current condition of the property and any existing defects
5. Service Charges: Breakdown of service charges and management fees if applicable
6. Permitted Uses: Detailed list of permitted uses and restrictions for the property
7. Required Consents: List of necessary governmental and regulatory approvals
8. Environmental Reports: Environmental surveys and assessments if relevant
9. Development Plans: Architectural plans and development specifications if applicable
Real Estate
Construction
Banking and Finance
Hospitality
Retail
Healthcare
Education
Manufacturing
Logistics
Agriculture
Energy
Technology
Professional Services
Legal
Real Estate
Compliance
Finance
Operations
Facilities Management
Risk Management
Business Development
Property Management
Corporate Affairs
Investment
Project Management
Real Estate Manager
Property Developer
Legal Counsel
Compliance Officer
Finance Director
Business Development Manager
Facilities Manager
Investment Analyst
Property Manager
Risk Manager
Operations Director
Project Manager
Asset Manager
Chief Financial Officer
Corporate Secretary
Land Administrator
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