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60 Day Notice Of Intent To Sell

60 Day Notice Of Intent To Sell Template for Nigeria

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Key Requirements PROMPT example:

60 Day Notice Of Intent To Sell

"I need to generate a 60 Day Notice of Intent to Sell for my residential property in Lagos, Nigeria, which currently has tenants whose lease expires in March 2025, and I want to ensure they are given the right of first refusal to purchase the property."

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Document background
The 60 Day Notice Of Intent To Sell is a crucial document in Nigerian property transactions, designed to provide formal notification of a property owner's intention to sell their property. This document is particularly important in Nigeria's real estate landscape, where property transactions are governed by specific federal and state regulations. It serves multiple purposes: protecting the rights of current tenants, ensuring compliance with local property laws, and establishing a clear timeline for the sale process. The notice is typically required when selling property that is currently occupied or when local regulations mandate a formal notification period. It must include specific details about the property, the intended sale timeline, and any relevant rights or obligations of affected parties. The document is essential for compliance with Nigerian property law and helps prevent potential legal disputes during the property sale process.
Suggested Sections

1. Sender's Details: Full name, address, and contact information of the property owner/seller

2. Date: The official date when the notice is being served

3. Recipient's Details: Full name and address of the party receiving the notice (e.g., tenant, relevant authority)

4. Subject Line: Clear indication that this is a 60-Day Notice of Intent to Sell

5. Property Details: Complete address and description of the property being sold

6. Notice Declaration: Formal statement declaring the intent to sell the property

7. Notice Period: Clear statement of the 60-day notice period and its commencement date

8. Legal Compliance Statement: Reference to relevant sections of Nigerian property law under which this notice is being served

9. Signature Block: Space for signature, name, and date of signing

Optional Sections

1. Tenant Rights Statement: Include when the property is currently tenanted, outlining their rights under Nigerian law

2. Property Inspection Details: Include when setting specific times for property viewings or inspections

3. Right of First Refusal: Include when offering current occupants the first opportunity to purchase

4. Property Valuation: Include when providing the estimated market value or asking price

5. Current Lease Terms: Include when there are existing lease agreements that need to be addressed

6. Alternative Accommodation: Include when offering information about alternative accommodation for current tenants

Suggested Schedules

1. Property Title Documents: Copies of relevant property ownership documents

2. Property Photographs: Recent photographs of the property for reference

3. Current Lease Agreement: Copy of existing lease agreement if property is tenanted

4. Property Valuation Report: Professional valuation report if referenced in the notice

5. Floor Plans: Current floor plans and property layout if relevant to the sale

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 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

Property Development

Property Management

Legal Services

Construction

Housing

Commercial Property

Residential Property

Land Development

Urban Planning

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Administrative

Operations

Facilities

Corporate Services

Risk Management

Document Control

Relevant Roles

Property Manager

Real Estate Agent

Legal Counsel

Property Owner

Estate Administrator

Facilities Manager

Real Estate Developer

Property Administrator

Compliance Officer

Land Registration Officer

Real Estate Transaction Coordinator

Housing Director

Property Portfolio Manager

Industries







Teams

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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