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What Distinguishes an Agreement from a Deed? As a business owner, you will likely encounter numerous agreements and deeds. While these documents share similarities, it is crucial to select the appropriate one for your specific arrangement, as they entail different signing protocols. The key distinction in the realm of contracts lies in whether there has been an exchange of consideration between the parties involved. For example, in an agreement, one party may deliver a specific product in return for payment from the other party. Conversely, deeds represent a distinct category of legal documents that signify a party's commitment to fulfill a particular obligation. This article will delve deeper into the differences between deeds and agreements. What is a Deed? A Deed is a formal and legally binding commitment to perform a specific action. The concept of a deed arises from the necessity within communities to establish a distinct ritual or process that publicly signifies the seriousne...

Here's a quick rundown of the important documents you'll need for land or house deals in Nigeria. If you don’t have these papers to show you own the property, you might have been scammed! So, pay attention to this info. So here are some important documents you need for property in Nigeria: Certificate of Occupancy: This is given by the local authority to show that a building has met all legal requirements. Survey Plan: A detailed map that outlines the land's boundaries and dimensions. Deed of Assignment: This legal paper transfers ownership and rights of the property from one person to another. Sale Deed: This document officially hands over the property from the seller to the buyer. AskTFP Homes and Properties  Estate Agents. If you are looking for a house, flat, land or commercial property, to buy or rent — visit our  property  or  land listings  channel . You can also send a  property request . Governor's Consent: A document that indicates the governmen...