ALWAYS HAVE A WRITTEN TENANCY OR LEASE AGREEMENT FOR YOUR TENANTS

ALWAYS HAVE A WRITTEN TENANCY OR LEASE AGREEMENT FOR YOUR TENANTS

One of the most terrible mistakes you as a Landlord will make is allowing tenants to occupy your property without a written tenancy or lease agreement.

Many rely on verbal/oral agreements or informal understandings, assuming things will go smoothly. Without a legally binding contract, you expose yourself to serious battles with your tenants.

A written agreement clearly outlines rent payment terms, duration, responsibilities and conditions for eviction. Without it, you may struggle to enforce rent collection, handle disputes or remove problematic tenants.

Some tenants refuse to pay rent on time, while others damage the property without any legal obligation to repair it. In cases of eviction, without an agreement you my face lengthy court cases as tenants can easily deny agreed terms.

Without a written agreement, you may find it difficult to increase rent, enforce maintenance responsibilities or set occupancy limits.

You wouldn’t want all that trouble. Would you?

So to avoid these problems, get a Property Lawyer to draft a legally sound and comprehensive tenancy or lease agreement.

This simple step will give you legal protection, financial security and peace of mind, ensuring a smooth Landlord-Tenant relationship.

Need legal help with these and other property matters? Call, whatsapp or email APEX CHAMBERS, top Law Firm of Property/Real Estate Lawyers, Attorneys & Barristers in Port Harcourt, Nigeria.

Phone: +234(0)7030868694

Email: info@apexchambersglobal.com

Website: www.apexchambersglobal.com