Step by step guide on how to make your contract legal and valid


8/10/20231 min read

To ensure your contract is legal and valid in Nigeria, consider these steps:

1. Offer and Acceptance: Clearly outline the terms of the agreement, including what each party is expected to do. Both parties must agree to these terms

2. Intention to Create Legal Relations: Ensure that both parties intend for the contract to have legal consequences.

3. Capacity: Ensure that both parties are of legal age and mentally capable of entering into a contract.

4. Lawful Purpose: Ensure that the purpose of the contract is legal and not against public policy.

5. Consideration: Both parties should exchange something of value (money, goods, services) as part of the agreement.

6. Terms and Conditions: Clearly state all terms, conditions, and obligations of each party in the contract.

7. Signatures and Witnesses: Have the contract signed by both parties and witnessed if necessary. Electronic signatures may be accepted.

8. Expert Advice: If the contract is complex, consider seeking legal advice to ensure it adheres to Nigerian laws.

9. Stamp Duty: Some contracts may require payment of stamp duty to make them legally enforceable. Check the Stamp Duties Act for guidance.

10. Local Laws: Be aware of any specific laws or regulations that may apply to your particular type of contract in Nigeri