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Absolute Deed

Absolute Deed Template for Nigeria

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Key Requirements PROMPT example:

Absolute Deed

"I need an Absolute Deed to transfer ownership of a commercial warehouse in Lagos Industrial Estate from ABC Manufacturing Ltd to XYZ Logistics Ltd, with completion scheduled for March 15, 2025, including provisions for existing tenant agreements."

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Document background
The Absolute Deed is a fundamental legal instrument in Nigerian property law used to transfer complete ownership of property from one party to another. This document type is essential when parties wish to execute an unconditional and permanent transfer of property rights. The deed must conform to the requirements of the Land Use Act 1978 and other relevant Nigerian legislation, including proper execution, witnessing, and registration. An Absolute Deed typically includes detailed property descriptions, warranties of title, and must often obtain the State Governor's consent for validity. It's commonly used in both commercial and residential property transactions, corporate acquisitions, and family property transfers. The document provides the highest form of assurance in property transfers under Nigerian law, transferring all rights, title, and interest without reservations.
Suggested Sections

1. Date and Parties: Clearly states the date of execution and identifies the Grantor and Grantee with their full names, addresses, and any other relevant identification details

2. Recitals: States the Grantor's ownership/title to the property and right to transfer

3. Operative Words of Transfer: Contains the formal words of conveyance (e.g., 'hereby grants, conveys, and transfers')

4. Consideration: States the amount paid or other consideration given for the property transfer

5. Parcel Description: Provides a detailed legal description of the property being transferred

6. Habendum Clause: Defines the type of title being conveyed and any limitations (in this case, absolute ownership)

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

8. Execution Clause: Space for signatures, dates, and witness details as required by Nigerian law

Optional Sections

1. Prior Encumbrances: Include if there are any existing charges or encumbrances that need to be disclosed

2. Spousal Consent: Required if the property is matrimonial property or if state laws require spousal consent

3. Governor's Consent: Include if the property requires governor's consent for transfer under the Land Use Act

4. Power of Attorney: Include if either party is acting through an attorney

5. Certificate of Occupancy Reference: Include if the property has a Certificate of Occupancy that needs to be referenced

6. Illiterate Jurat: Required if any party is illiterate, as per the Illiterates Protection Act

Suggested Schedules

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

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

3. Site Plan/Survey Plan: Official survey plan showing the property boundaries and measurements

4. Encumbrances Schedule: List of any existing encumbrances, charges, or restrictions on the property

5. Consent Documents: Copies of all required consents (e.g., Governor's Consent, Spousal Consent)

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

Construction

Banking and Finance

Agriculture

Industrial

Commercial Property

Residential Property

Mining

Oil and Gas

Infrastructure Development

Urban Development

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Corporate Affairs

Land Administration

Documentation

Risk Management

Operations

Relevant Roles

Real Estate Lawyer

Property Manager

Land Administrator

Corporate Lawyer

Legal Counsel

Conveyancing Officer

Property Developer

Real Estate Agent

Compliance Officer

Title Officer

Land Surveyor

Real Estate Investment Manager

Property Rights Specialist

Legal Documentation Specialist

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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