Tenancy Agreement Pdf Nigeria

Other applicable laws include Registered Land Law, Land Registration Law, Capital Gains Tax Act and rental law in different states in Nigeria. A fixed-term lease ends on a specific date and does not often require termination. Tenants may prefer temporary rent if they know exactly how long they must occupy a property. This document is used by a landlord and tenant for rental purposes only for residential purposes. It is only used if the term of the lease is less than 3 years. This form is also known as: lease, Housing lease, Rental Agreement, Lease Agreement, Landlord A residential lease agreement is a contract between a landlord (the owner of the property) and the tenant (the person, the ownership of the property for hire), the use of the estate, the agreements of both parties, the terms of termination of the Etc. 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. A periodic lease, also known as automatic renewal, does not have a fixed deadline. In this case, the lease is renewed each year or month until one of the parties terminates the lease. 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 parties choose the above addresses as their physical addresses for the purpose of providing a notification, payment of any amount and legal action in connection with this property lease. Each party can change the information about its physical addresses at any time, by written notification to the other party. This amendment will come into effect on the 7th day after the other party receives the notification. Any notification that the landlord must send to the tenant is considered valid if it is sent by prepaid recommended letter to the tenant in the property or left by the landlord or his representative at that address, which is considered to be 5 days after the publication by recommended letter or on the day of sending the notification by telephone. For example, a tenancy agreement sets rules such as the amount of rent and when the tenant has to pay it. If a tenant breaks these rules and the landlord has reason to be physical, the landlord may have the right to dislodge the tenant.

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