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Basic Room Rental Agreement
"I need a Basic Room Rental Agreement for a furnished room in my Lagos property, starting from March 1, 2025, with specific provisions for utility cost sharing and a strict no-subletting policy."
1. Parties: Identification and contact details of the landlord/lessor and tenant/lessee
2. Background: Brief context of the rental arrangement and property information
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Specific description of the room being rented and included amenities
5. Term and Commencement: Duration of the rental agreement and start date
6. Rent and Payment Terms: Rental amount, payment schedule, and accepted payment methods
7. Security Deposit: Amount, terms of holding, and conditions for return of security deposit
8. Utilities and Bills: Responsibility for utility payments and bill allocation
9. Maintenance and Repairs: Responsibilities for maintaining the room and reporting/fixing issues
10. Rules and Regulations: Basic house rules, noise restrictions, and general conduct expectations
11. Termination: Conditions and process for ending the rental agreement
12. Governing Law: Specification of Nigerian law as governing law
13. Signatures: Execution section for all parties to sign
1. Common Areas: Rules and access rights for shared spaces, used when the rental includes shared facilities
2. Additional Occupants: Terms regarding guests and overnight stays, included when specific restrictions are needed
3. Pets: Pet policies and associated terms, included if pets are allowed or specifically prohibited
4. Parking: Parking arrangements and regulations, included if parking space is available
5. Subletting: Terms regarding subletting rights, included if subletting might be considered
6. Insurance: Insurance requirements for tenant and/or landlord, included if specific insurance is required
7. Alterations: Rules about modifications to the room, included if specific restrictions are needed
8. Special Conditions: Any unique terms specific to the property or arrangement
1. Schedule 1 - Inventory List: Detailed list of furnishings and items included in the room rental
2. Schedule 2 - Property Condition Report: Documentation of the room's condition at the start of tenancy
3. Schedule 3 - House Rules: Detailed list of property rules and regulations
4. Appendix A - Payment Schedule: Detailed breakdown of rent and other payment obligations
5. Appendix B - Utility Agreement: Specific arrangements for utility payments and bill splitting
6. Appendix C - Maintenance Schedule: Regular maintenance and cleaning responsibilities
Authors
Real Estate
Property Management
Residential Housing
Student Accommodation
Corporate Housing
Hospitality
Legal Services
Property Development
Legal
Real Estate
Property Management
Facilities Management
Compliance
Administrative Services
Housing Services
Student Services
Tenant Relations
Contract Administration
Property Manager
Real Estate Agent
Legal Counsel
Housing Officer
Facilities Manager
Tenant Relations Officer
Property Administrator
Lease Administrator
Real Estate Lawyer
Compliance Officer
Housing Coordinator
Student Accommodation Manager
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