A Certificate of Mortgage is a crucial document in Nigerian property financing that formalizes the creation of a mortgage interest over real property. This document is used when a property owner seeks to secure financing using their property as collateral, whether for personal or business purposes. The certificate must comply with various Nigerian laws, including the Land Use Act, Mortgage and Property Law, and relevant state-specific regulations. It serves as official evidence of the mortgage arrangement and must be properly registered with appropriate authorities. The document includes essential details such as property description, loan amount, repayment terms, and parties' obligations. In Nigeria, the certificate requires specific formalities including Governor's consent and proper stamping to be legally valid and enforceable.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Title and Date: Formal title of the document as 'Certificate of Mortgage' with the date of execution
2. Parties: Full identification of the Mortgagor and Mortgagee, including names, addresses, and registration details for corporate entities
3. Property Description: Detailed description of the mortgaged property including its location, boundaries, and registration particulars
4. Consideration: Details of the mortgage amount and any other consideration
5. Grant of Mortgage: The operative words creating the mortgage and specifying the security interest
6. Payment Terms: Specifics of how and when the mortgage amount is to be repaid
7. Interest Rate: Specification of the applicable interest rate and calculation method
8. Covenants: Standard covenants by the Mortgagor regarding property maintenance, insurance, and other obligations
9. Default Provisions: Consequences of default and remedies available to the Mortgagee
10. Execution: Formal execution clause and signature blocks
1. Insurance Requirements: Detailed insurance obligations when specific insurance requirements are needed beyond standard covenants
2. Additional Security: Where additional collateral or guarantees are provided as security
3. Special Conditions: Any special or unusual conditions specific to this mortgage
4. Environmental Warranties: For commercial properties where environmental concerns are relevant
5. Development Restrictions: When the property is subject to development constraints or planning restrictions
6. Third Party Rights: Where there are existing tenants or other third-party interests in the property
1. Property Schedule: Detailed technical description of the property including survey plans and title documents
2. Payment Schedule: Detailed breakdown of payment installments and dates
3. Insurance Schedule: Details of required insurance coverage and terms
4. Title Documents: Copies of relevant title documents and land registration certificates
5. Consent Documents: Governor's consent and other regulatory approvals
6. Property Valuation: Professional valuation report of the mortgaged property
Relevant legal definitions
Clauses
Relevant Industries
Banking and Financial Services
Real Estate
Construction
Housing Development
Commercial Property
Residential Property
Agriculture (for farmland mortgages)
Industrial and Manufacturing
Retail and Commercial
Relevant Teams
Legal
Real Estate
Credit Risk
Compliance
Property Administration
Mortgage Operations
Documentation
Risk Management
Corporate Banking
Real Estate Finance
Relevant Roles
Legal Counsel
Property Lawyer
Mortgage Officer
Real Estate Manager
Credit Risk Officer
Property Valuation Officer
Compliance Officer
Banking Officer
Real Estate Development Manager
Property Rights Administrator
Title Registration Officer
Mortgage Underwriter
Legal Documentation Specialist
Find the exact document you need
Offer Letter For Mortgage
A formal letter from a Nigerian financial institution outlining mortgage terms and conditions, compliant with CBN regulations.
Download
Mortgage Agreement Document
A Nigerian law-governed agreement creating a security interest in real property as collateral for a loan, detailing lending terms and property rights between mortgagor and mortgagee.
Download
Mortgage Payoff Form
A Nigerian legal document stating the final amount required to fully discharge a mortgage loan and release the property lien.
Download
Assignment Of Mortgage
A Nigerian law-governed document that transfers mortgage rights and interests from one mortgagee to another, ensuring compliance with local property and banking regulations.
Download
Real Estate Gift Letter
A formal document under Nigerian law that evidences the voluntary transfer of real property as a gift from a donor to a recipient.
Download
Mortgage Release
A Nigerian law-governed document that formally discharges a mortgage and releases property from encumbrances upon full loan repayment.
Download
Third Party Authorization Letter For Mortgage
A Nigerian legal document authorizing a third party to act on behalf of a property owner in mortgage-related matters, subject to Nigerian property and banking laws.
Download
Mortgage Certificate Of Title
A Nigerian legal document certifying registered mortgage interest in a property, issued under the Land Use Act and state regulations.
Download
Discharge Of Mortgage Letter
A Nigerian legal document confirming full mortgage repayment and releasing property from mortgage encumbrance, compliant with the Land Use Act and state property laws.
Download
Gift Letter For Money
A formal document used in Nigeria to legally document monetary gifts between parties, ensuring compliance with local financial regulations and anti-money laundering laws.
Download
Payment Letter Mortgage
A formal mortgage terms confirmation letter issued by Nigerian financial institutions, outlining payment terms and conditions under Nigerian banking and property laws.
Download
Letter For Mortgage Loan
A formal Nigerian bank document confirming mortgage loan approval and outlining key terms and conditions under Nigerian banking regulations.
Download
Demand Letter Mortgage
A formal legal notice under Nigerian law demanding payment of defaulted mortgage obligations, serving as a prerequisite to enforcement actions.
Download
Certificate Of Mortgage
A Nigerian legal document that evidences and registers a mortgage interest over property, creating security for the lender while complying with local land and banking regulations.
Download
Verified Approval Letter
A legally authenticated document under Nigerian law that provides formal approval or authorization for specific business or legal matters.
Download
Mortgage Letter
A formal Nigerian mortgage offer letter outlining approved loan terms, conditions, and requirements under Nigerian banking and property laws.
Download
Mortgage Deed
A Nigerian law-governed deed creating a security interest in real property to secure a loan, establishing rights and obligations between mortgagor and mortgagee.
Download
Down Payment Gift Letter
A Nigerian legal document confirming the gift of funds for property down payment, complying with local banking and real estate regulations.
Download
Mortgage Letter From Bank
A formal letter issued by a Nigerian bank confirming mortgage financing terms and conditions to a prospective borrower.
Download
Letter Of Intimation Of Mortgage
A formal notification document used in Nigerian property law to inform relevant parties about the creation or existence of a mortgage on a property.
Download
Letter For Down Payment
A formal business document used in Nigerian jurisdiction to request and document initial payment terms and conditions for goods or services.
Download
Home Loan Sanction Letter
A formal loan approval document issued by Nigerian financial institutions outlining the terms and conditions of an approved home loan under Nigerian banking regulations.
Download
Deposit Gift Letter
A Nigerian-compliant formal letter documenting a monetary gift from donor to recipient, typically used for bank deposits and including necessary regulatory declarations.
Download
Real Estate Mortgage Agreement
A Nigerian law-governed agreement creating a security interest in real property to secure a loan, subject to Land Use Act requirements and state property laws.
Download
Mortgage Receipt
A legally-compliant Nigerian mortgage receipt documenting payment towards a mortgage obligation, including property and payment details with official authentication.
Download
Lender Approval Letter
A formal Nigerian banking document confirming loan approval and outlining key facility terms and conditions under Nigerian banking laws.
Download
Letter Of Employment For Mortgage
A formal Nigerian employment verification document that confirms employment status, salary, and terms for mortgage application purposes, complying with local banking and labor regulations.
Download
Home Loan Agreement
A Nigerian law-governed agreement between a lender and borrower establishing terms for a residential property loan, including security, repayment, and regulatory compliance requirements.
Download
Contract Of Loan With Real Estate Mortgage
Nigerian law-governed agreement combining loan terms with real estate mortgage security, establishing lending conditions and property rights.
Download
Bailee Letter Mortgage
A Nigerian law-governed security document establishing a three-way arrangement between lender, borrower, and asset-holder (bailee) for creating security over assets in the bailee's possession.
Download
Bank Pre Approval Letter
A formal letter issued by a Nigerian bank indicating preliminary approval for a loan or credit facility, subject to conditions and final approval.
Download
Request Letter For Release Of Mortgage Property
A formal request letter under Nigerian law seeking the release of a mortgaged property from a financial institution following complete loan repayment.
Download
Letter To Mortgage Company
A formal letter used in Nigerian banking for mortgage-related communications, complying with local banking and property regulations.
Download
Mortgage Application Form
A standardized Nigerian mortgage application form for capturing applicant, financial, and property information in compliance with CBN regulations.
Download
First Payment Letter Mortgage
A Nigerian banking document that confirms mortgage approval and specifies first payment terms and conditions under Nigerian mortgage banking regulations.
Download
Discharge Of Mortgage Form
A Nigerian legal document that formally releases a property from a mortgage encumbrance after loan repayment, complying with local property and registration laws.
Download
Hardship Mortgage Letter
A formal letter to a Nigerian mortgage lender requesting relief due to financial hardship, compliant with Nigerian banking regulations.
Download
Mortgage Loan Denial Letter
A formal notification letter used by Nigerian banks to inform applicants about mortgage loan application rejection, including reasons and next steps, in compliance with Nigerian banking regulations.
Download
Derogatory Credit Explanation Letter
A formal letter used in Nigeria to explain negative credit report entries and request corrections, governed by Nigerian credit reporting regulations.
Download
Paid In Full Letter From Lender
A formal Nigerian banking document confirming complete loan repayment and releasing the borrower from all associated obligations under Nigerian law.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)