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Terms and Conditions
I/we confirm that this transaction shall be governed by the condition specified below
and other terms specified in successive agreements or documents. I/We further
agree that where the conditions and terms are vague or nonexistent this transaction
shall be governed by customary real estate practice in Nigeria.
I) Completed Subscribers application form shall be accepted upon confirmation of
payment of non-refundable application fee
II) The submission and acceptance of this application form shall not br construed as a
guarantee for allocation of the property for which the non-refundable payment was
III) The company will communicate to the subscriber all incidental fees and
associated charges as determined by the company.
IV) Because we are not a financial institution, Next Gear resources Limited adopts a
general policy that all fees and charges paid by a subscriber for any property is non-
refundable. Wherein the subscriber wants a refund he is required to provide a
substitute Subscriber for the property purchased and subsequent refunds will be
harmonized with the substitute subscriber payments made.
V) Next Gear Resources Limited agrees to indemnify the subscriber of any loss,
damage arising from a defective title. However, where any loss or damage arises
from an act of majure, the company bares no liability.
VI) The subscriber shall notify the management of the company through physical or
oral communication of any transaction relating to the property.
VII) Upon approval of the subscriber’s application, Next gear Resources limited
reserves the right to prepare and issue subsequent contractual documents.
Subscriber shall be bound by the terms and conditions expressly or impliedly stated
in documents the company deems fit to issue. These documents shall where the
needs arise be a qualifier or addition of the terms and conditions stated in the
subscriber application form and other documents.
VIII) We may at our discretion change the terms and conditions and introduce
charges to our services at any time. How much notice we will give depends on the
kind of changes we make.
IX) Some of these conditions are based on expected regulatory, requirements that
have not been published or finalized yet. If any of these conditions turns out to be
inconsistent with the regulatory requirement we will treat that condition as if it were
consistent. We will make changes to the conditions to reflect the requirement when
they are next reprinted
X) We may contact you by post,telephone or email(which in these terms and
conditions includes the internet and any form of electronic message made by any
type of electronic device) using the latest address, telephone number or electronic
mail address you have given us.
XI) You may telephone us during normal business hours to request information
about your property. We reserve the right not to disclose any information until we
are satisfied that you have been satisfactorily identified.
XII) We may record or monitor telephone calls and monitor electronic
communications (including emails) between both parties, so that we can check
instructions and make sure that we are meeting our service standards.
XIII) You are responsible for informing us as soon as possible of any changes to your
name, telephone, usual residential address, email address or any other detail.
I/We confirm that the information given in Section 1 & 2 is true and contains no
I/We have read and understood the terms and conditions stated and have agreed to
be bound by them.