¶¶Òõ¶ÌÊÓƵ

All Countries
Real Estate
House Purchase Contract

House Purchase Contract Template for Nigeria

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your House Purchase Contract

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

House Purchase Contract

"I need a House Purchase Contract for a residential property in Lagos, Nigeria, with completion scheduled for March 2025, that includes specific provisions for an existing tenant who will remain in the property for 6 months after the sale."

Celebrated by
Collaborations with
Investors
Document background
The House Purchase Contract serves as the primary legal instrument for residential property transactions in Nigeria. It is essential for any sale of residential real estate, whether involving private individuals or corporate entities. The document must comply with the Land Use Act of 1978 and various state-specific property laws, making it particularly important to adapt the contract to the specific Nigerian state where the property is located. This contract type typically includes comprehensive details about the property, parties involved, purchase price, payment terms, completion timeline, and various warranties and representations. It also addresses specific Nigerian requirements such as governor's consent for land transfers, proper stamping requirements, and registration procedures. The document is crucial for ensuring a legally binding and enforceable property transfer while protecting both buyer's and seller's interests throughout the transaction process.
Suggested Sections

1. Parties: Identification of the seller and buyer with full legal names, addresses, and contact details

2. Background: Brief context of the transaction and confirmation of seller's right to sell the property

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Description: Detailed description of the property including address, boundaries, and registered title information

5. Purchase Price: The agreed purchase price and payment terms including deposit arrangements

6. Completion: Details of the completion process, timing, and requirements

7. Title and Registration: Confirmation of title transfer process and Land Use Act compliance requirements

8. Seller's Warranties: Warranties regarding ownership, encumbrances, and property condition

9. Buyer's Warranties: Warranties regarding financial capacity and compliance with relevant laws

10. Conditions Precedent: Conditions that must be met before completion

11. Risk and Insurance: Transfer of risk and insurance requirements

12. Default and Remedies: Consequences of default by either party and available remedies

13. Notices: How formal notices between parties should be given

14. Governing Law: Confirmation of Nigerian law as governing law and jurisdiction

15. Execution: Signature blocks and execution requirements

Optional Sections

1. Seller's Representations: Additional representations about the property's status, used for complex properties or where specific assurances are needed

2. Environmental Matters: Specific provisions regarding environmental conditions, used where environmental concerns exist

3. Planning Permissions: Details of existing planning permissions and restrictions, used for properties with development potential

4. Tenant Rights: Provisions regarding existing tenants, used when property is sold with sitting tenants

5. Service Charges: Details of service charges and maintenance fees, used for properties in estates or managed developments

6. Third Party Rights: Provisions regarding rights of third parties, used when there are easements or shared facilities

7. Tax Provisions: Detailed tax arrangements, used in complex transactions with significant tax implications

8. Force Majeure: Provisions for unforeseen circumstances, used in longer-term completion arrangements

Suggested Schedules

1. Property Schedule: Detailed property description including plans and boundaries

2. Title Documents: Copies of relevant title documents and certificates

3. Fixtures and Fittings: Inventory of items included/excluded from the sale

4. Property Certificates: Relevant property certificates including building approvals and permits

5. Search Results: Results of searches conducted on the property

6. Payment Schedule: Detailed breakdown of payment terms and installments if applicable

7. Property Condition Report: Survey or condition report of the property

8. Land Use Approvals: Copies of relevant Land Use Act consents and approvals

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

Legal Services

Banking and Finance

Construction

Property Development

Insurance

Public Sector

Urban Planning

Property Management

Professional Services

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Finance

Risk Management

Operations

Investment

Administrative Support

Business Development

Relevant Roles

Real Estate Lawyer

Property Manager

Estate Agent

Legal Counsel

Conveyancing Officer

Property Developer

Mortgage Advisor

Real Estate Investment Manager

Compliance Officer

Property Valuation Specialist

Land Administrator

Real Estate Transaction Manager

Property Rights Specialist

Title Registration Officer

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

Find the exact document you need

Selling Home By Owner Contract

A legal contract for direct property sales between private owners and buyers in Nigeria, complying with Nigerian property law and Land Use Act requirements.

find out more

Home Buying Contract

A Nigerian law-governed agreement for the sale and purchase of residential property, detailing terms, conditions, and regulatory compliance requirements.

find out more

Real Estate Contract Assignment Form

A Nigerian legal document for transferring rights and obligations under an existing property contract from one party to another, in compliance with the Land Use Act.

find out more

Absolute Deed Of Sale

A Nigerian legal document that transfers complete and permanent ownership of property from seller to buyer, governed by Nigerian property law and the Land Use Act.

find out more

Agreement For Sale Of Immovable Property

A Nigerian law-governed agreement for the legal transfer of immovable property between vendor and purchaser, incorporating local regulatory requirements and transfer procedures.

find out more

Mortgage Sales Contract

A Nigerian law-governed agreement combining property sale terms with mortgage financing arrangements, establishing rights and obligations of seller, buyer, and mortgage provider.

find out more

Agreement To Sell Personal Property Form

A Nigerian law-compliant agreement template for the sale and transfer of personal property, outlining terms, conditions, and obligations of both seller and buyer.

find out more

Estate Sale Contract Form

A Nigerian law-compliant contract form for real estate property sales, detailing terms, conditions, and transfer requirements.

find out more

Contract For Sale Of Land By Offer And Acceptance

A Nigerian law-compliant contract for the sale of land through offer and acceptance, incorporating statutory requirements including Governor's consent provisions.

find out more

Property Installment Sale Agreement

Nigerian law-governed agreement for property sale through installment payments, with seller retaining title until full payment completion.

find out more

Residential Real Estate Sale Agreement

A Nigerian law-governed agreement for the sale and purchase of residential property, incorporating Land Use Act requirements and local property transfer regulations.

find out more

Real Estate Intent To Purchase Form

A preliminary agreement under Nigerian law expressing formal intent to purchase real estate, outlining basic terms and conditions for the proposed transaction.

find out more

Contract To Sell Property

A legally binding agreement for property transfer in Nigeria, outlining sale terms and ensuring compliance with Nigerian property law, including Land Use Act requirements.

find out more

Land Contract For Sale By Owner

A Nigerian law-compliant contract for direct land sale between owner and buyer, without real estate agent involvement.

find out more

Vacant Land Purchase Contract

A legal agreement for the purchase and sale of vacant land in Nigeria, compliant with the Land Use Act and state regulations.

find out more

Apartment Sales Contract

Nigerian law-governed agreement for apartment sale and purchase, including required regulatory compliance and transfer procedures.

find out more

Real Estate Contract Form

A standardized real estate contract form compliant with Nigerian law, facilitating property transactions and transfers within the Nigerian legal framework.

find out more

Pre Sale Agreement Property

A Nigerian law-governed agreement establishing terms for property sale before completion, including payment terms, construction specifications, and transfer requirements.

find out more

Deed Of Sale Of Property

A formal legal document under Nigerian law that transfers property ownership from seller to buyer, requiring official registration and stamping.

find out more

Sales Broker Agreement

A Nigerian law-governed agreement establishing terms between a principal and sales broker for product/service representation and sales.

find out more

Seller Agreement

A Nigerian law-governed agreement establishing terms and conditions between a seller and company for the sale of products or services.

find out more

Real Estate Sales Agreement

A Nigerian law-governed agreement for the sale and purchase of real estate property, incorporating local legal requirements including Governor's consent.

find out more

House Purchase Contract

A Nigerian law-governed agreement for the sale and purchase of residential property, ensuring compliant transfer of ownership and protecting both parties' interests.

find out more

Addendum To Real Estate Purchase And Sale Agreement

A legal modification document for Real Estate Purchase and Sale Agreements under Nigerian law, used to amend specific terms or conditions of the original agreement.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.