When renting a property in Nigeria, it is essential that both the landlord and tenant have a clear understanding of their rights and obligations. To ensure that the rental process is smooth and hassle-free for both parties, a rent agreement is necessary.
A rent agreement is a legal document that outlines the terms and conditions of the rental agreement between the landlord and the tenant. It sets out the rent details, payment terms, duration of the lease, security deposit, and other important provisions.
Here is a sample of a rent agreement in Nigeria:
This rental agreement is made between the landlord (insert landlord name) and the tenant (insert tenant name).
The rental property is located at (insert address), and the tenant will occupy (insert unit/apartment number).
The lease term will commence on (insert start date) and end on (insert end date).
The monthly rent for the unit is (insert amount in Nigerian naira). This rent is due on the (insert due date) of each month.
The tenant shall provide a security deposit in the amount of (insert amount in Nigerian naira) at the beginning of the lease term. The security deposit shall be refunded to the tenant upon the satisfactory termination of the lease.
The tenant shall be responsible for paying all utilities, including electricity, water, and gas. The landlord shall be responsible for the maintenance and repair of major appliances and any necessary repairs to the property`s infrastructure.
The unit shall only be occupied by the tenant and any additional occupants listed in this agreement. The tenant shall not sublet the unit without the landlord`s written consent.
The tenant shall not have any pets without the landlord`s written consent.
MAINTENANCE AND REPAIRS:
The tenant shall maintain the unit in good condition and promptly report any necessary repairs to the landlord. The landlord shall be responsible for making any necessary repairs to the property`s infrastructure and major appliances.
Either the landlord or tenant may terminate this agreement upon written notice to the other party. The notice period shall be (insert notice period) days before the intended termination date.
This agreement shall be governed by and construed in accordance with the laws of Nigeria.
This is a sample of a rent agreement in Nigeria. It is important to note that the terms and conditions of the agreement may vary depending on the specific circumstances and property. It is advisable to consult a legal expert in drafting a rent agreement to ensure that it is valid and enforceable.