THE NEED FOR TENANCY AGREEMENT

THE NEED FOR TENANCY AGREEMENT

Today a middle age man reached out to Apex Chambers, Law Firm of expert Property/Real Estate and Business/Corporate Lawyers, Barristers, Solicitors, Advocates, Attorneys and Notary Public with 17 years law practice experience and office in Port Harcourt, Rivers State, Nigeria.

He stated that he is a Landlord and he lamented that his former tenant who just moved out of his One Bedroom Apartment left the Flat in very bad shape and also vandalized the wiring in the Apartment.

We asked him if there was a Tenancy Agreement signed by him and the Tenancy and if there was a Caution Fee deposit paid by the tenant before moving in, and he said no.

It is sad that a Landlord will spend lots of money to invest in a building, put in tenants and have the property defaced and kept in bad condition.

It is always important that as a Landlord you ensure that you engage a Property Lawyer to draft and prepare a comprehensive Tenancy Agreement, and have all Tenants sign it before the Tenants moves in.

Where this is not done and the Tenant begins to occupy the Apartment (no matter how long the Tenant has been in the Apartment) it is only proper that, without further delay, you get a Property Lawyer to prepare a comprehensive Tenancy Agreement and let the old Tenants sign it.

If you need help with these and other related property, land, building and real estate matters including managing your building, call, email or Whatsapp Apex Chambers from anywhere.