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Inter Vivos Deed

Inter Vivos Deed Template for Nigeria

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Key Requirements PROMPT example:

Inter Vivos Deed

"I need an Inter Vivos Deed to transfer my commercial property in Lagos State to my corporation, ensuring compliance with Nigerian property law and including specific provisions for existing tenant agreements that will continue after the transfer."

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Document background
An Inter Vivos Deed is a crucial legal instrument in Nigerian property law, used for transferring property rights or interests between living persons (inter vivos meaning 'between the living'). This document is essential when conveying real property, establishing trusts, or transferring other significant property interests in Nigeria. It must comply with strict legal requirements including proper execution, sealing, delivery, and registration under various Nigerian laws including the Land Use Act, Stamp Duties Act, and Property and Conveyancing Law. The deed requires careful drafting to ensure it includes all necessary elements such as proper party identification, clear property description, valid consideration, and appropriate attestation clauses.
Suggested Sections

1. Parties: Detailed identification of the grantor/transferor and grantee/transferee with full legal names and addresses

2. Recitals: Background information establishing the context of the deed, including property ownership history and intention to transfer

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

4. Operative Part: The actual words of transfer/conveyance using formal language required for deeds

5. Property Description: Detailed legal description of the property being transferred

6. Consideration: Statement of the consideration (if any) for the transfer

7. Covenants: Promises and warranties made by the grantor regarding title and property

8. Execution Requirements: Formal requirements for signing, sealing, and delivery of the deed

9. Attestation: Witness provisions and attestation clauses

Optional Sections

1. Reservations: Used when the grantor wishes to reserve certain rights over the property

2. Conditions: Include when the transfer is subject to specific conditions

3. Powers of Attorney: Required when any party is acting through an attorney

4. Consent Clauses: Necessary when third-party consents are required for the transfer

5. Special Provisions: For any unique arrangements or requirements specific to the transaction

Suggested Schedules

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

2. Title Documents: List and copies of relevant title documents and certificates

3. Land Use Approvals: Copies of relevant government consents and approvals

4. Plans and Surveys: Survey plans and property drawings

5. Encumbrances Schedule: List of any existing charges, mortgages, or encumbrances affecting the property

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






























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Relevant Industries

Real Estate

Property Development

Banking & Finance

Agriculture

Industrial & Manufacturing

Mining & Natural Resources

Commercial Development

Residential Development

Infrastructure

Energy

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Corporate Secretariat

Land Administration

Risk Management

Operations

Relevant Roles

Legal Counsel

Property Lawyer

Real Estate Manager

Land Administrator

Conveyancing Lawyer

Property Rights Manager

Company Secretary

Compliance Officer

Estate Manager

Property Development Manager

Land Registration Officer

Title Registration 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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