The House Agreement Contract serves as a legally binding document under Nigerian law that formalizes the relationship between property owners and tenants for residential properties. This document is essential when leasing any residential property in Nigeria, whether it's an apartment, house, or room. It incorporates provisions from key Nigerian legislation including the Recovery of Premises Act and state-specific tenancy laws, while addressing practical aspects such as rent payment, maintenance obligations, and security deposits. The agreement protects both landlord and tenant interests by clearly defining rights, responsibilities, and remedies in case of breach, while ensuring compliance with local property laws and regulations.
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1. Parties: Identification and details of the landlord and tenant, including full legal names, addresses, and contact information
2. Background: Brief context of the agreement and confirmation of the landlord's authority to lease the property
3. Definitions: Clear definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the rental property, including its address and boundaries
5. Term of Tenancy: Duration of the lease, including start and end dates, and any renewal options
6. Rent and Payment Terms: Rental amount, payment schedule, method of payment, and consequences of late payment
7. Security Deposit: Amount, terms of holding, and conditions for return of the security deposit
8. Utilities and Services: Responsibility for utility payments and service charges
9. Maintenance and Repairs: Obligations of both parties regarding property maintenance and repairs
10. Use of Property: Permitted uses of the property and any restrictions
11. Tenant's Obligations: Comprehensive list of tenant responsibilities and commitments
12. Landlord's Obligations: Comprehensive list of landlord responsibilities and commitments
13. Insurance: Required insurance coverage and responsibilities of each party
14. Termination: Conditions and procedures for ending the tenancy
15. Governing Law: Specification of Nigerian law as governing law and jurisdiction
16. Notices: Process for serving formal notices between parties
17. Signatures: Execution clause and space for signatures of all parties
1. Subletting: Include when subletting might be permitted under specific conditions
2. Guarantor: Include when a guarantor is required to secure the tenant's obligations
3. Pets: Include when pets are allowed or to explicitly prohibit them
4. Alterations and Improvements: Include when tenant may be permitted to make changes to the property
5. Special Conditions: Include for any property-specific rules or requirements
6. Force Majeure: Include to address unforeseen circumstances or events beyond parties' control
7. Security Measures: Include when specific security arrangements are part of the agreement
8. Common Areas: Include for properties within estates or sharing common facilities
1. Schedule 1: Property Inventory: Detailed list of fixtures, fittings, and furniture included in the rental
2. Schedule 2: Property Condition Report: Detailed description of the property's condition at the start of tenancy
3. Schedule 3: House Rules: Specific rules and regulations for the property
4. Schedule 4: Utility Readings: Initial meter readings for utilities at the start of tenancy
5. Appendix A: Property Photos: Photographic evidence of property condition
6. Appendix B: Required Certificates: Copies of safety certificates and property documentation
7. Appendix C: Payment Schedule: Detailed breakdown of all payments including rent, service charges, and utilities
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Management
Legal Services
Housing
Construction
Facilities Management
Property Development
Residential Services
Property Investment
Relevant Teams
Legal
Real Estate
Property Management
Facilities
Operations
Asset Management
Contract Administration
Tenant Relations
Documentation
Compliance
Relevant Roles
Property Manager
Real Estate Agent
Legal Counsel
Housing Officer
Facilities Manager
Leasing Manager
Property Administrator
Real Estate Attorney
Tenant Relations Manager
Asset Manager
Property Owner
Estate Manager
Letting Agent
Contract Administrator
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