Sample Of A Tenancy Agreement In Nigeria

Yes, a landlord may throw a tenant off the premises, as long as the tenant is given appropriate notice. However, non-payment of rent is not the only reason a tenant can be laid off. A tenant may be evicted for the use of the premises for illegal purposes or if he violates a contract in the tenancy agreement or if he constitutes a nuisance or if the tenant has abandoned the rented premises. Between the terms of the lease is always included a special rental contract or explicitly. It is governed by the current law that protects the parties who participate in the lease. The properties mentioned in the agreement may be storage, parking, apartment, real estate and real estate spaces for businesses. (b) that the tenant may not stay one day longer than is provided for in this contract, unless it is expressly written and indicated as such by the landlord or his representative. In this case, the lease is renewed each year or month until one of the parties terminates the lease. A rental agreement is a relationship between a person and his owner. A lease gives rights to both parties. The dominant factor of a lease is that it is safe for a term, which is usually between one to three years with the possibility of renewing itself. Any three-year lease is considered a lease agreement and not a lease. However, it is important to note that under Lagos State Tenancy Law 2011, a landlord cannot accept rent beyond a one-year period, except for designated areas such as Ikoyi, Victoria Island, Apapa and Ikeja GRA.

The agreement generally contains the conditions for access and regulation of these characteristics. These can only be general rules on use or certain conditions. (d) pay all rates, predispositions and general invoices and rates to be paid for the premises covered by the lease. Use the Model for LawDepot`s Housing Leases to create a custom contract. Enter your information into the questionnaire, download, print, sign and execute your legally binding rental agreement. After filling out the form, the tenant must go through the agreement and sign two copies of the document. Subsequently, the landlord should also sign both copies and deliver a copy to the tenant. After payment of the rent, the landlord must issue the tenant a proof of rent (depending on the measure of the rent payment). The concept of lease is a widespread concept in Nigeria, it is reported that 85 percent of the Nigerian urban population lived in rental housing in 2010, a large percent of their income on rent. This proves that the lease is widespread in Nigeria and is still widespread.

The purpose of this writing is to briefly discuss the concept, laws, clauses, rights related to leases with a particular focus on the State of Lagos. A rental agreement must be drafted by the landlord`s lawyer and duly controlled by a potential tenant before adding his signature.