DEED OF AGREEMENT NEW HASSAN

DEED OF AGREEMENT
BETWEEN
MR. OLUWASEUN ADEYEMI

“ASSIGNOR”
AND
HASSAN DAKAKA
“ASSIGNEE”
IN RESPECT OF A PIECE/PARCEL OF LAND

TWO (2) PLOTS LYING, SITUATED AND BEING
AT, 59, ABARANJE ROAD IKOTUN LAGOS
NIGERIA
DATED THIS 28TH DAY OF SEPTEMBER, YEAR 2020

THIS DEED OF AGREEMENT is made this 1st Day of June, 2018 BETWEEN MR.
OLUWASEUN ADEYEMI of 59, Abaranje Road Ikotun Lagos Nigeria, hereinafter
referred to as “ASSIGNOR” (which expression shall wherever the contexts admits
include my heirs, assigns, executors and legal/personal representatives), of the one
part
AND
MR. HASSAN DAKAKA of No. 59, Abaranje Road Ikotun Lagos Nigeria, hereinafter
referred to as the “ASSIGNEE” (which expression shall wherever the context so
admits include his heirs, assigns, executors and legal/personal representatives)
of the other part.
WHEREAS:
1. The “ASSIGNOR” by customary purchase became the absolute owner of the

piece or parcel of landed property herein assigned. The plot of land,
hereinafter described and expressed to be assigned forms part of a large
parcel of land lying, being and situate at 1001 Ixora Court, Marigold,
Cooperative Villa Estate Badore Ajah Lagos Nigeria now being conveyed.
2. The “ASSIGNOR” has agreed to sell the land hereby assigned to the
“ASSIGNEE” and the “ASSIGNEE” agreed to take the said piece or parcel of
land, Two (2) plots situated at 59, Abaranje Road Ikotun Lagos Nigeria Now being
conveyed, subject to the necessary consent for the sum of Twenty Million
Six-Fifty Hundred Thousand Naira Only (N20, 650,000.00).
NOW THIS DEED WITNESSETH AS FOLLOWS:
3. IN CONSIDERATION of the sum of Hundred Million Thousand Naira Only

(N55, 000.00) paid by the “ASSIGNEE” to the “ASSIGNOR” the receipt of
which the “ASSIGNOR” acknowledge, the “ASSIGNOR” hereby assigns to
the “ASSIGNEE”.
TO HOLD the same UNTO the “ASSIGNEE” from 1st day of June, 2018 for all the
residual now unexpired in the customary right of Occupancy deemed granted to the
“ASSIGNEE” by virtue of the Land Use Act 1978.
1.0 THE ASSIGNOR HEREBY COVENANTS WITH THE “ASSIGNEE” AS

FOLLOWS:
1.1 That the Assignor and Assignee agree that the land is absolutely for building
and no digging of sand is allowed on the said land.
1.2 Now that the land’s sale price is paid, I the “ASSIGNOR” do hereby declare
and say that on and as from date, the said piece of parcel of landed property
becomes bonafide property of the “ASSIGNEE” (MRS. OLOTEWO ERIABOME
EGURIASE) my heirs, assigns, executors and legal personal representatives
has no any claims (Rights or interest) whatsoever on the parcel of the landed
property now said, assigned, sealed and delivered to the “ASSIGNEE” in the
presence of the undersigned witnesses.
1.3 That the “ASSIGNOR” shall not after the execution of this Deed of
ASSIGNMENT create or cause to be created any mortgage, lieu, charge,
attachment or any other encumbrance (whether or not the same as the
enumerated particulars on the property).
1.4 That the “ASSIGNOR” shall indemnify the “ASSIGNEE” in full for all claims,
cost actions or other loss, damages, disadvantages (whether or not the same
category as the enumerated particulars) that the “ASSIGNEE” may suffer as
a result of this transaction whether or not the loss, damages, disadvantages
etc. is caused by a person or group of persons having or claiming superior
titled to the “ASSIGNOR” property provided it is caused by the negligence of
the “ASSIGNOR” whether willful or otherwise.
1.5 NOW that the land’s sales price is paid in full; the “ASSIGNEE” shall
peacefully hold and enjoy property without any interruption or disturbance by
the “ASSIGNOR” or any one lawfully claiming though, form for, against,
under or in trust for him.
1.6 That the “ASSIGNOR” shall make available on request to the “ASSIGNEE”
or the “ASSIGNEE’S” Solicitors, all documents, and execute such forms or
may be required by the Lagos State Government to be so produced and/or
executed to facilitate the perfection of the “ASSIGNEE’S” title to the piece or
parcel of the landed property herein assigned.
IN WITNESS WHERE OF, the “ASSIGNOR” and the “ASSIGNEE” with their
witnesses herein unto set their hands this day and year, first above written.
SIGNED, SEALED AND DELIVERED BY

The within – named “ASSIGNOR”
MR. OLUWASEUN ADEYEMI
In the presence of:
NAME: MR. OLUWASEUN ADEYEMI

ADDRESS: 59, ABARANJE ROAD IKOTUN LAGOS NIGERIA
OCCUPATION: BUSINESS MAN
SIGNATURE: ………………………………
SIGNED, SEALED AND DELIVERED BY

The within – named “ASSIGNEE”
HASSAN DAKAKA
In the presence of:
NAME: HASSAN DAKAKA

ADDRESS: 59, ABARANJE ROAD IKOTUN LAGOS NIGERIA
OCCUPATION: DOCTOR
SIGNATURE: ………………………………

DEED OF AGREEMENT NEW HASSAN

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DEED OF AGREEMENT NEW HASSAN

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DEED OF AGREEMENT

MR. OLUWASEUN ADEYEMI

IN RESPECT OF A PIECE/PARCEL OF LAND

DATED THIS 28TH DAY OF SEPTEMBER, YEAR 2020

1. The “ASSIGNOR” by customary purchase became the absolute owner of the

NOW THIS DEED WITNESSETH AS FOLLOWS:

3. IN CONSIDERATION of the sum of Hundred Million Thousand Naira Only

1.0 THE ASSIGNOR HEREBY COVENANTS WITH THE “ASSIGNEE” AS

SIGNED, SEALED AND DELIVERED BY

MR. OLUWASEUN ADEYEMI

In the presence of:

NAME: MR. OLUWASEUN ADEYEMI

SIGNED, SEALED AND DELIVERED BY

NAME: HASSAN DAKAKA

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