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Deed Of Variation Property
"I need a Deed of Variation Property to modify the boundaries of my commercial property in Lagos, Nigeria, as agreed with the adjacent property owner, with the variation to take effect from March 1, 2025; the original deed was registered in 2020 and both properties are held under separate Certificates of Occupancy."
1. Parties: Details of all parties to the deed, including the original parties to the deed being varied
2. Background: Recitals explaining the context of the original deed and the reason for variation
3. Definitions: Definitions of key terms used in the deed, including reference to definitions in the original deed
4. Reference to Original Deed: Specific details of the original deed being varied, including date, parties, and registration details
5. Effective Date: The date from which the variations will take effect
6. Variations: Clear statement of each specific variation being made to the original deed
7. Confirmation of Other Terms: Confirmation that all other terms of the original deed remain unchanged and in full force
8. Governing Law: Confirmation that the deed is governed by Nigerian law
9. Execution: Formal execution blocks for all parties, including requirements for deed execution under Nigerian law
1. Consent: Required when the variation needs consent from third parties or governmental authorities
2. Registration Requirements: Included when the variation requires specific registration with land registry or other authorities
3. Costs: Include when there are specific arrangements about who bears the costs of the variation
4. Tax Implications: Required when the variation has specific tax consequences that need to be addressed
5. Conditions Precedent: Include when the variation is subject to certain conditions being met before taking effect
6. Further Assurance: Optional clause requiring parties to take any further actions necessary to give effect to the variation
1. Schedule 1 - Original Deed: Copy or extract of the original deed being varied
2. Schedule 2 - Property Description: Detailed description of the property including boundaries, title details, and registration information
3. Schedule 3 - Variations: Detailed description of the variations where these are complex or lengthy
4. Schedule 4 - Plans: Any relevant plans or drawings of the property, particularly if the variation affects boundaries or property rights
5. Schedule 5 - Consents: Copies of any required consents or approvals from third parties or authorities
6. Appendix A - Supporting Documents: Any additional documents referenced in the deed of variation
Authors
Real Estate
Construction
Property Development
Banking and Finance
Agriculture
Industrial Manufacturing
Retail
Hospitality
Energy and Resources
Infrastructure Development
Legal
Real Estate
Property Management
Facilities Management
Asset Management
Compliance
Risk Management
Corporate Affairs
Land Administration
Operations
Property Lawyer
Real Estate Manager
Land Administrator
Property Development Manager
Legal Counsel
Conveyancing Lawyer
Estate Manager
Facilities Manager
Property Rights Specialist
Land Registry Officer
Real Estate Investment Manager
Asset Manager
Property Portfolio Manager
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