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Simple Land Sale Contract
"I need a Simple Land Sale Contract for the purchase of a 2-hectare agricultural land in Lagos State, Nigeria, with completion scheduled for March 2025, including specific provisions for existing farming rights and water access."
1. Parties: Identification of the Vendor and Purchaser with full legal names and addresses
2. Background: Brief context of the transaction and confirmation of the Vendor's right to sell the property
3. Definitions: Key terms used throughout the agreement including 'Property', 'Completion Date', 'Purchase Price'
4. Property Description: Detailed description of the land being sold, including boundaries, measurements, and registration particulars
5. Sale and Purchase: Core agreement to sell and purchase the property at the specified price
6. Purchase Price: Amount to be paid and payment terms including deposit and balance
7. Completion: Details of the completion process, timing, and requirements
8. Vendor's Covenants: Vendor's warranties regarding title, property condition, and authority to sell
9. Purchaser's Covenants: Purchaser's obligations regarding payment and compliance with transfer requirements
10. Governor's Consent: Provisions regarding obtaining necessary governmental consent for the transfer
11. Title Documents: Details of title documents to be handed over upon completion
12. Execution: Signature blocks and attestation requirements
1. Environmental Matters: Used when the property has specific environmental considerations or requirements
2. Planning Permissions: Included when the land has existing planning permissions or restrictions
3. Existing Tenancies: Required when the property is subject to ongoing tenancies
4. Development Rights: Used when specific development rights are being transferred or reserved
5. Customary Rights: Included when the land is subject to customary rights or traditional claims
6. Access Rights: Used when specific access arrangements need to be documented
7. Mineral Rights: Required when mineral rights are included or specifically excluded from the sale
1. Property Schedule: Detailed technical description of the property including survey plans and coordinates
2. Title Documents Schedule: List of all title documents and certificates relating to the property
3. Payment Schedule: Breakdown of payment terms and installments if applicable
4. Form 1B: Standard form for Governor's consent application
5. Survey Plan: Official survey plan and property measurements
6. Photographs: Recent photographs of the property and its boundaries
7. Land Use Clearance: Copies of relevant land use and zoning clearances
Authors
Real Estate
Agriculture
Industrial Development
Commercial Property
Residential Property
Construction
Urban Development
Mining
Infrastructure
Hospitality
Legal
Real Estate
Property Management
Compliance
Commercial
Facilities
Operations
Business Development
Investment
Risk Management
Real Estate Manager
Property Lawyer
Land Administrator
Property Developer
Commercial Director
Legal Counsel
Compliance Officer
Property Agent
Estate Manager
Facilities Manager
Investment Manager
Land Surveyor
Real Estate Consultant
Property Acquisition Manager
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