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Four (4) Authentication Stages Of A Deed Of Assignment - Properties - Nairaland

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Four (4) Authentication Stages Of A Deed Of Assignment by adenshelters(m): 2:19am On Jan 02, 2022
REAL ESTATE LECTURE SERIES

THEME:
4 AUTHENTICATION STAGES OF A DEED OF ASSIGNMENT

¶ A deed is a signed document mostly regarding the ownership of a landed property.

¶ If your existing deed of assignment did not pass through these 4 stages, then consider it as a void deed because the property still belongs to the seller or previous owner.

The 4 authentication stages are as following:

1). Execution:
The seller or assignor must sign out the property in the deed of assignment in order to release the property to the buyer or assignee.

2). Ratification:
The buyer or assignee must sign in the property in the deed of assignment in order to accept the property and form a valid agreement between both parties.

3). Acknowledgement:
This is an act of permitting the deed of assignment to be recorded in the court of law or the state land registry for public notice and security of the legal instrument.

4). Completion:
This is not a legal term, although the lay person may think he has completed everything when one party signs the deed of assignment but the authentication is completed when all the above stages have been processed.

In case you have any questions or require our assistance, make no hesitation to contact us today.

Realtor Michael

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+234 818 251 5733
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adenshelterslimited@gmail.com

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