TENANCY AGREEMENT

TENANCY AGREEMENT

If you want to properly rent out a house/building, get a Property Lawyer to draft a comprehensive written Tenancy Agreement.

In Nigeria, a Tenancy Agreement is not a mere piece of paper handed over while a Tenant is moving in. It is the binding contract that defines the entire relationship between a Landlord and a Tenant.

Without it, both parties are relying on assumptions that often end in avoidable wahala.

A well-prepared Tenancy Agreement, drafted by a Property Lawyer states the rent, duration, mode of payment and rent review terms.

It states the duties of the Landlord and Tenant, leaving no room for oral understandings or confusion.

It also contains rights, restrictions, remedies, what happens if rent is unpaid, property is damaged or either party breaches the Agreement.

For Landlords, it protects the property, income and right to recover possession lawfully.

For tenants, it guarantees quiet enjoyment, fair treatment and protection from arbitrary eviction or sudden changes in terms.

It sets out clear legal steps for resolving issues.

Paying rent and moving in without a proper Tenancy Agreement is romancing problem.

Before a Tenant pays for a rental property or takes possession of a rented apartment, a Property Lawyer should prepare or review the Tenancy Agreement to ensure balance and legal protection for both Landlord and Tenant.

Have a solid Tenancy Agreement.

__________________
APEX CHAMBERS, Law Firm of Property/Real Estate and Business/Corporate/Commercial Lawyers, Attorneys, Barristers, Solicitors, Advocates and Legal Practitioners rendering legal services, Legal Consultants and Notary Public with Law Office in Port Harcourt, Rivers State, Nigeria

Phone: +234(0)7030868694 (Calls and Whatsapp)
Email: info@apexchambersglobal.com
Website: www.apexchambersglobal.com.