Buying land or property in Ibadan or anywhere in Nigeria requires more than just shaking hands or exchanging money. One of the most legally significant documents in a real estate transaction is the Sales Agreement β and sadly, this is where many buyers fall into the trap of “roadside documentation.”
Today, you’ll learn:
- β What a Sales Agreement is
- β οΈ Why roadside agreements are dangerous
- π How to get a legitimate, lawyer-drafted agreement
- π’ Why Taiwo Salam & Co. Properties Ltd is your safest bet
π What Is a Sales Agreement?
A Sales Agreement is a legally binding contract that records the terms and conditions of a property transaction between the buyer and the seller. It typically includes:
- Names of the parties involved
- Property description and location
- Agreed purchase price
- Payment terms and schedule
- Date of transaction and possession
- Signatures and witnesses
- Legal undertakings and indemnities
π It serves as proof of sale and protects both the buyer and seller in the event of any dispute.
π« The Danger of Roadside Sales Agreements
A roadside document is a generic or handwritten contract often prepared by unqualified individuals, sometimes on plain paper or with incomplete information. While they may appear cheaper or faster, they pose serious risks:
- β Not legally enforceable in court
- β Often missing critical clauses (indemnity, penalty, boundaries)
- β May involve fake sellers or multiple claims on the land
- β Cannot be used to process Governorβs Consent or Certificate of Occupancy (CofO)
β οΈ If your agreement is not drafted or reviewed by a lawyer, you are exposed to legal fraud.
β How to Secure a Legal, Trusted Sales Agreement
Step 1: Engage a Verified Real Estate Firm or Lawyer
Avoid dealing with self-acclaimed agents or βOmo Onile.β A reputable firm will ensure the contract covers all legal grounds.
Step 2: Confirm Sellerβs Title
Before drafting the agreement, confirm the land is free from encumbrances, litigation, or government acquisition.
Step 3: Draft a Customized Legal Agreement
Ensure it is:
- Typed on a letterhead or legal paper
- Contains official details (name, ID, property coordinates)
- Signed by both parties and at least two witnesses
- Stamped and, if necessary, registered at the High Court
π’ Why Taiwo Salam & Co. Properties Ltd Should Handle Your Sales Agreement
At Taiwo Salam & Co. Properties Ltd, we donβt cut corners when it comes to client protection.
What We Offer:
- π§ββοΈ Sales Agreements prepared by professional legal partners
- π§Ύ Verified documentation to confirm authentic land titles
- π€ Transparent terms between buyer and seller
- π Legal backup to process CofO, Governorβs Consent, and Deed of Assignment
With our service, you get a fully documented transaction β legally binding, professionally executed, and court-recognizable.
π Letβs Help You Buy Land the Legal Way
Taiwo Salam & Co. Properties Ltd
π Office: Block U4, Joke Plaza, Bodija, Ibadan
π Phone/WhatsApp: 08065558146
π§ Email: [email protected]
π Website: www.taiwosalamandco.com
Donβt rely on roadside agreements β protect your investment with legally backed documentation.
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