The exact documents required for a property transaction depend on the state, property type, title history and circumstances of the transaction. This checklist is a starting point for discussions with a qualified property lawyer or other relevant professional.
Title and ownership documents
Ask what document establishes the seller’s interest in the property and how that interest was acquired. Have the relevant documents reviewed and, where appropriate, independently verified.
Survey and site information
For land and many property transactions, survey information can help identify the location, boundaries and physical relationship of the property. Compare documentation with the actual site.
Planning and development information
For developed property, ask about applicable planning or development approvals and whether the existing development corresponds with the relevant approvals.
Transaction and payment records
Keep signed agreements, receipts, payment evidence and correspondence. Make sure the parties, property description, price and important obligations are clearly documented.
Professional review
Because property law and documentation can be state-specific and fact-specific, consider having a qualified property lawyer review the documents before a significant payment or completion.
Frequently Asked Questions
Is there one standard property document checklist for all of Nigeria?
No. Requirements can vary by state, property type, title history and transaction structure.
Why is survey information important?
It can help establish the location and boundaries of land and can be compared with the physical site and other documents.
Should a lawyer review property documents?
For a significant transaction, independent legal review can help identify issues that may not be obvious from the listing or informal explanations.