DEED OF ASSIGNMENT

BETWEEN

MRS. OLUWATOYIN AJOSE ALESE

(ASSIGNOR)

AND

MRS. ADEDAYO AYODELE ADEBISI

(ASSIGNEE)

….………………………………………………………………………………………………
IN RESPECT OF ALL THAT UNIT OF THREE BEDROOM TERRACE DUPLEX
KNOWN AS HOUSE ……………… AT PRACHT GARDENS ESTATE, IKOTA, ETI-
OSA LOCAL GOVERNMENT AREA OF LAGOS STATE
…………………………………………………………………………………………………

PREPARED BY:

TOKUNBO OSINOWO
(SOLICITOR)
TOKUNBO OSINOWO & CO.
8, OLAYIDE TOMORI STREET,
OFF SIMBIAT ABIOLA WAY,
IKEJA, LAGOS.
08033199300; 08022552880
osinowotokunbo@gmail.com
THIS DEED OF ASSIGNMENT is made this …………….day of……………………….2024
BETWEEN MRS. OLUWATOYIN AJOKE ALESE of House ………. Unit PRACHT
GARDENS ESTATE, behind Mega Chicken, Ikota, Lekki, Lagos State, Nigeria (hereinafter referred
to as the "THE ASSIGNOR" which expression shall where the context so admits include her heirs,
personal legal representative and assigns) of the ONE PART.

AND

MRS ADEDAYO AYODELE ADEBISI of Flat 95, Hevershan House, Ilderton Road, London SE
15 1ES (hereinafter referred to as the "THE ASSIGNEE" which expression shall where the context
so admits include her heirs, personal legal representative and assigns) of the OTHER PART.

WHEREAS:

1) PRACHT GARDENS ESTATE managed by BUILDCON GLOBAL SERVICES

LIMITED is situated on a portion of the land covered by a Global Certificate of Occupancy
dated 3rd March, 2004 issued by the Lagos State Government to the Baale and Awoyaya
Community of Awoyaya Village, Eti-Osa Local Government Area of Lagos and is registered
as No 67 at Page 67 in Volume 2004C of the Lagos State Lands Registry, Alausa, Ikeja, Lagos.

2) BUILDCON GLOBAL SERVICES LIMITED acquired an interest on a large portion of the

property described in the preceding paragraph with the consent and approval of the Lagos
State Government and developed the land into units of Three (3) Bedroom Terrace Duplexes
which now constitute PRACHT GARDENS ESTATE, IKOTA, LEKKI, LAGOS.

3) By a letter of Allocation dated 16th day of September 2015 BUILDCON GLOBAL

SERVICES LIMITED allocated a unit of Three (3) Bedroom Terrace Duplex at PRACHT
GARDENS ESTATE, IKOTA, LEKKI, LAGOS to the ASSIGNOR upon the full payment
of N25,000,000.00 (Twenty Five Million Naira) which was the purchase price and which is
now known as House …….. By this transaction the ASSIGNOR became the beneficial owner
of all that piece and parcel of land together with the Three Bedroom Terrace Unit known as
House ……….. PRACHT GARDENS ESTATE, IKOTA, ETI-OSA LOCAL
GOVERNMENT AREA OF LAGOS STATE and more particularly described and
delineated on Survey Plan No ………….…………….. prepared by SURVEYOR ALIMI
(Registered Surveyor)

4) The ASSIGNEE herein is interested in acquiring the unit of Three Bedroom Terrace Duplex
described in the preceding paragraph and the ASSIGNOR in turn has agreed to sell the Three
(3) Bedroom Terrace Duplex to the Purchaser for the sum of N65,000,000.00k (Sixty Five
Million Naira)
 NOW THIS DEED WITNESSETH as follows:

In consideration of the sum of N65,000,000.00k (Sixty Five Million Naira) paid by the
ASSIGNEE to the ASSIGNOR (the receipt of which the ASSIGNOR hereby acknowledges) the
ASSIGNOR as BENEFICIAL OWNER HEREBY ASSIGNS, TRANSFERS AND SELL UNTO
THE ASSIGNEE all her entire interest in and over all that piece of land together with the Three
Bedroom Terrace Duplex with appurtenances thereon situate lying and being at PRACHT
GARDENS ESTATE, IKOTA, ETI-OSA LOCAL GOVERNMENT AREA OF LAGOS
STATE and also known as House ……………… measuring approximately …………….. square
metres and more particularly described and delineated on Survey Plan No ………….……………..
prepared by SURVEYOR ALIMI (Licensed Surveyor)

The ASSIGNOR covenants with the ASSIGNEE as follows:

i. That she has the power and authority to enter into this agreement and that she would
make a refund of the purchase price and all other associated costs incurred by the Assignee in
the event that the representations contained herein are not correct or that her title to the
demised property is defective

ii. That the Assignees shall enjoy quiet possession of the demised property without any
interruption or disturbance whatsoever from the Assignor or any person claiming through
under or in trust for her.

iii. The Assignor shall handover to the Assignee the ORIGINAL title documents relating
to the property which shall include but not limited to the Deed of Assignment, Survey plan and
the Approved Building plan.
….………………………………………………………………………………………………
IN RESPECT OF ALL THAT UNIT OF THREE BEDROOM TERRACE DUPLEX
KNOWN AS HOUSE ……………… AT PRACHT GARDENS ESTATE, IKOTA, ETI-
OSA LOCAL GOVERNMENT AREA OF LAGOS STATE
…………………………………………………………………………………………………..

IN WITNESS whereof the parties hereto have hereunto set their respective hands and seals the
day and year first above written.

SIGNED, SEALED and DELIVERED

by the within named ASSIGNOR
MRS. OLUWATOYIN AJOKE ALESE …………………………….

In the presence of

Name: ………………………………….
Address: ………………………………..
Occupation: …………………………….
Signature: ……………………………….

SIGNED, SEALED and DELIVERED

by the within named ASSIGNEE
MRS. ADEDAYO AYODELE ADEBISI …………………………….

In the presence of

Name: …………………………………
Address: ………………………………..
Occupation: …………………………….
Signature: ………………………………