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Property Donation Agreement Template for Nigeria

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Key Requirements PROMPT example:

Property Donation Agreement

"I need a Property Donation Agreement for transferring a residential property in Lagos State from my father to a charitable educational institution, with the condition that the property must be used exclusively for educational purposes for at least 15 years."

Document background
A Property Donation Agreement is essential when transferring property ownership in Nigeria without monetary consideration. This document is particularly relevant in scenarios involving charitable gifts, family transfers, or institutional donations. It must comply with the Land Use Act 1978 and relevant state property laws, requiring specific formalities including Governor's consent for perfection of title. The agreement typically includes detailed property descriptions, clear expression of donative intent, warranties of ownership, and necessary consents (including family or customary consents where applicable). It's commonly used by charitable organizations, educational institutions, family members, and religious bodies for property transfers. The document must address both common law and customary law considerations, making it unique to the Nigerian legal context.
Suggested Sections

1. Parties: Identification of the Donor and Donee with full legal names and addresses

2. Background: Context of the donation, relationship between parties, and purpose of the gift

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

4. Property Details: Detailed description of the property being donated

5. Donation: Express statement of donation and transfer of the property

6. Donor's Representations and Warranties: Confirmations regarding ownership, right to transfer, and property condition

7. Donee's Acknowledgments: Acceptance of the donation and property condition

8. Transfer Mechanics: Process and timing for executing transfer documents and registration

9. Costs and Taxes: Responsibility for transfer costs, registration fees, and applicable taxes

10. Governing Law: Confirmation of Nigerian law application and jurisdiction

11. Execution: Signature blocks and attestation requirements

Optional Sections

1. Conditions Precedent: Any conditions that must be met before the donation takes effect, used when transfer depends on specific events or actions

2. Reversionary Rights: Terms specifying when property might revert to donor, used when donation is conditional

3. Purpose of Donation: Specific terms regarding intended use of property, included when donation is for particular purpose

4. Mortgage and Encumbrances: Details of existing charges or encumbrances, included if property is not free from all encumbrances

5. Family Consent: Acknowledgment of family members' consent, included when donating family property

6. Traditional Rights: Recognition of traditional rights or customs, included when relevant to the property

7. Environmental Matters: Environmental conditions or obligations, included for properties with environmental concerns

Suggested Schedules

1. Property Description Schedule: Detailed legal description of property, including boundaries, measurements, and registration details

2. Title Documents: List of all title documents being transferred

3. Existing Encumbrances: Details of any existing charges, liens, or encumbrances on the property

4. Transfer Documents: Forms and documents required for property registration and transfer

5. Required Consents: List of necessary consents and approvals for the transfer

6. Property Condition Report: Current condition of the property and any known defects

7. Family Consent Documents: Written consents from relevant family members where required

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



































Clauses






























Relevant Industries

Real Estate

Non-Profit & Charity

Education

Healthcare

Religious Organizations

Construction & Development

Public Sector

Agriculture

Corporate

Family Offices

Relevant Teams

Legal

Real Estate

Compliance

Corporate Affairs

Facilities Management

Risk Management

Property Administration

Asset Management

Corporate Secretariat

Operations

Relevant Roles

Legal Counsel

Property Manager

Real Estate Director

Compliance Officer

Land Administrator

Estate Manager

Company Secretary

Corporate Affairs Manager

Facilities Manager

Risk Manager

Chief Legal Officer

Property Development Manager

Asset Manager

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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