Document background
The Mutual Agreement To End Tenancy is a crucial document used in Nigerian property law when both landlord and tenant wish to terminate their lease agreement earlier than the originally agreed term. This document is particularly relevant in situations where both parties have reached an amicable decision to end the tenancy, whether due to the tenant's need to relocate, the landlord's plans for the property, or other mutually acceptable circumstances. The agreement must comply with Nigerian federal legislation, including the Recovery of Premises Act, as well as state-specific tenancy laws. It typically includes detailed provisions for property inspection, security deposit return, utility settlements, and the mutual release of future obligations. This document serves as legal protection for all parties involved and helps prevent future disputes by clearly documenting the terms of the early termination.
