8 DOCUMENTS REQUIRED FOR PROPERTY TRANSFER IN NIGERIA

By BUKINGPROPERTIES
1st June, 2024

Property transfer in Nigeria involves a series of legal processes that require specific documents to be presented and verified. These documents serve as evidence of ownership and help ensure a smooth and legally binding transfer of property from one party to another. In this article, we will discuss the various documents required for property transfer in Nigeria.


 1. Title Deed: The title deed is a legal document that proves ownership of the property. It is essential to have the original title deed when transferring property in Nigeria. The title deed should be properly executed and registered with the appropriate land registry office.

 2. Survey Plan: A survey plan is a document that shows the boundaries and measurements of the property. It is important to have an up-to-date survey plan when transferring property to ensure that the boundaries are accurately defined.

 3. Certificate of Occupancy: The Certificate of Occupancy (C of O) is a document issued by the government that grants legal ownership of the property to the holder. It is mandatory to have a valid C of O when transferring property in Nigeria.

 4. Deed of Assignment: The Deed of Assignment is a legal document that transfers ownership of the property from one party to another. It should be properly executed and signed by both parties involved in the transfer.

 5. Receipts of Payment: It is important to have receipts of payment for the property transfer to show proof of the transaction. These receipts should clearly state the amount paid, the date of payment, and the parties involved in the transaction.

 6. Tax Clearance Certificate: A tax clearance certificate is required to show that the property owner has paid all necessary taxes. It is essential to have a valid tax clearance certificate when transferring property in Nigeria.

 7. Power of Attorney: A Power of Attorney is a legal document that authorises someone to act on behalf of the property owner in the transfer process. It is important to have a valid Power of Attorney when transferring property in Nigeria.

 8. Consent of Spouse: If the property owner is married, the consent of the spouse is required for the transfer of the property. This is to ensure that both parties are aware of the transaction and agree to the transfer.


Conclusion,

Transferring property in Nigeria requires a series of legal documents to be presented and verified. These documents serve as evidence of ownership and help ensure a smooth and legally binding transfer of property. It is important to have all the necessary documents in place to avoid any legal complications in the transfer process. By following the proper procedures and having the required documents, property transfer in Nigeria can be a seamless and successful process.

Categories: Real Estate Tips
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