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Deed of Assignment

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0% found this document useful (0 votes)
236 views4 pages

Deed of Assignment

Legal tender
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
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DEED OF ASSIGNMENT IN RESPECT OF THAT ONE (1) PLOT OF LAND KNOWN AS PLOT 5 BLOCK XIX (RESIDENTIAL) SITUATE AT REPUBLIC LAYOUT, ENUGU. AAAAAAAAAAAAAAAAA BETWEEN NDOMA T. NDOMA = = ASSIGNOR AND | ' PHINA NWANDO ILOABANAFOR = ASSIGNEE Prepared by: Ogui-Enugu. RAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA VYYVYYYYYYYYYVYVVYVV VV VV VV VV VV VVV VV VV VV WRAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA 4 DEED OF ASSIGNMENT THIS DEED OF ASSIGNMENT is made this . day of ee 2022) BETWEEN NDOMA T. NDOMA of F.W.M. & H, PSR Abuja (hereinafter called the “ASSIGNOR’” which expression shall where the context hereof so admits include, his heirs, agents, privies, successors-in-tile, Personal representatives) of ONE PART. AND PHINA NWANDO ILOABANAFOR of No. 8 Umuome Avenue, Inyi in Orji-River Local Government Area of Enugu State (hereinafter called the “ASSIGNEE” which expression shall where the context hereof so admits include her heirs, agents, privies, successors-in- tile, personal representatives) of OTHER PART. WHEREAS:- 1. By virtue of Offer of Lease with Ref. No. FMWH/URD/EN/SAA.REP/VOL.1/55 dated 23 day of September 2002, the Federal Government through the Federal Ministry of Works and Housing, allocated the above plot of land known as Plot 5 Block XIX (Residential) situate at Republic Layout, Enugu to the ASSIGNOR - NDOMA T. NDOMA. The ASSIGNOR is in possession under the Land Use Act 1978 to the Statutory Right of Occupancy granted over and all that piece or parcel of land together with other appurtenances thereon. The plot is measuring Square metres and is more particularly delineated and verged RED in Survey Plan ne dated day of 20. and bounded by Beacon Nos, and (herein called the PROPERTY). 2. The ASSIGNOR has agreed with the ASSIGNEE to assign unto the latter all his interest in respect of that piece of land known as Plot 5 Block XIX (Residential) situate at Republic Layout, Enugu for a valuable consideration and subject to the terms and conditions hereinafter appearing. NOW THIS DEED OF ASSIGNMENT WITNESSES AS FOLLOWS:- That pursuant to the above-recited agreement and in payment of full consideration paid by the Assignee to the Assignor (The receipt whereof the Assignor hereby acknowledges). The Assignor as beneficial owner HEREBY ASSIGNS UNTO the Assignee all his interest over ALL THAT piece of land known as Plot 5 Block XIX (Residential) situate at Republic Layout, Enugu to hold same unto the ASSIGNEE for the unexpired residue of the term of Statutory period of Occupancy granted in favour of the Assignor under the Land Use Act over and in respect of the said property THE ASSIGNOR COVENANTS WITH THE ASSIGNEE AS FOLLOWS:- a. The Assignee performing and observing the covenants herein contained andjon the part of the Assignee to be performed and observed shall peaceably hold the property hereby assigned during the said term without any interruption by the Assignor or any other person claiming under or in trust for the Assignor. b. The Assignor is well and truly seized of the Property hereby assigned and is entitled to assign the same without let or hindrance whatsoever and the Assignor further covenants to execute all such lawful assurance as the Assignee shall reasonably require for the purpose of vesting the land hereby assigned more perfectly in the Assignee. c. To assist the Assignee whenever and wherever called upon to do and or perform any act or thing necessarily required to defend or perfect the title of the Assignee hereby created. d. To handover to the Assignee immediately on execution of this Agreement, all original and other copies of the title documents relating to the said Property including receipts and correspondence, e. To deliver vacant possession of the Property to the Assignee in its present state with all the fixtures and fittings intact, immediately on execution of this agreement, f. To fully indemnify the Assignee for any expenses, loss and or damage that may be occasioned by reason or any defect in title as hereby claimed or breach of this Agreement. THE ASSIGNEE COVENANTS WITH THE ASSIGNOR AS FOLLOWS:- a. To pay and discharge all rates taxes duties charge asset impositions and out-going now or at anytime payable in respect of the property or any part thereof. b. To indemnify the Assignor, its estates and effects against all actions. Proceedings, claims and demands with respect to the non-payment of rents or non-performance or non-observance of the covenants and conditions as may be contained in the Certificate of Occupancy. c. To pay the grand rent of the said plot of land. IN WITNESS WHEREOF, the parties hereto set their respective hands and seals the day and year first above written. SIGNED, SEALED AND DELIVERED BY THE WITHIN NAMED ASSIGNOR NDOM T. NDOM eer : ASSIGNOR IN THE PRESENCE OF: Name:. Address, Occupation:, Signature: SIGNED, SEALED AND DELIVERED, BY THE WITHIN NAMED ASSIGNEE PHINA NWANDO ILOABANAFOR ASSIGNEE IN THE PRESENCE OF: Name:, Address: Occupation: Signature:

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