DEED OF A PROFESSIONAL STANDARD

(Please adopt as circumstances of the case prescribes)

DEED OF ASSIGNMENT

THIS DEED OF ASSIGNMENT is made this------------------day of -------------2014 BETWEEN Alhaji Usman Amaechi Adebayo of No.4, Democracy Layout, Asokoro, Abuja also called "VENDOR" of the one part AND Chief (Mrs) O. Eskor, of No.11 Park Lane Oshodi, Lagos also called "PURCHASER" of the other part."

THIS DEED RECITES S FOLLOWS:

• The vendor is the beneficial owner in possession of the property described in this assignment who inherited the house (twin duplex) at No.10 Blantyre Street, Oshodi, Lagos from his mother who died on 12 January 1985 leaving the house and other personal properties to him by her will dated 31st October, 1980 and admitted to probate in July, 2006.
• The probate was granted to her executors-Chief Nonso Idonige, Mr. Wakaaka and Alhaji Muktar Hasim who subsequently passed the property to the vendor by an Assent dated-------day of ---------.
• The property is free from encumbrances.
• The vendor has agreed to sell the property to the purchaser and the purchaser has agreed to buy the property.

THIS DEED WITNESSES AS FOLLOWS:

1. In pursuance of the said Agreement and for a valuable consideration of the sum of N10, 000,000.00 (Ten Million Naira only) paid to the Vendor by the Purchaser (the receipt of which sum the Vendor hereby acknowledges) the Vendor as BENEFICIAL OWNER hereby ASSIGN unto the Purchaser all that residue now unexpired of the term of years of the property (twin duplex) located at No.10 Blantyre Street, Oshodi, Lagos Island particularly described by Survey Plan No LA/123W/567 prepared by A.A Ajisegiri licensed surveyor, granted by the Statutory Right of Occupancy.

IN WITNESS OF WHICH THE PARTIES HAVE EXECUTED THIS DEED IN THE MANNER BELOW THE DAY AND YEAR FIRST ABOVE WRITTEN.

SIGNED, SEALED AND DELIVERED

By the within named VENDOR ---------------------------------

IN THE PRESENCE OF

Name:

Address:

Occupation: Signature:

SIGNED, SEALED AND DELIVERED ----------------------------

By the within named PURCHASER