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Co Tenancy Agreement Template for Nigeria

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Key Requirements PROMPT example:

Co Tenancy Agreement

"I need a Co-Tenancy Agreement for a 4-bedroom apartment in Lagos, Nigeria, to be shared by three international students starting January 2025, with specific provisions for rent payment in foreign currency and rules about academic term breaks."

Document background
The Co-Tenancy Agreement is essential in Nigerian property law for situations where multiple tenants share occupancy rights to a single property. This document is commonly used in both residential and commercial settings, such as shared apartments, student housing, or shared office spaces. It provides a legal framework that clearly defines the relationships between co-tenants and their collective obligations to the landlord, incorporating requirements under Nigerian federal and state property laws. The agreement typically includes detailed provisions for rent sharing, utility payments, maintenance responsibilities, and dispute resolution procedures. It's particularly important in urban areas where shared living arrangements are common, and helps prevent conflicts by clearly establishing each party's rights and responsibilities upfront.
Suggested Sections

1. Parties: Identification of all co-tenants and the landlord, including full names, addresses, and contact information

2. Background: Context of the agreement, including property details and purpose of co-tenancy arrangement

3. Definitions: Key terms used throughout the agreement defined for clarity

4. Term of Agreement: Duration of the co-tenancy, including start and end dates

5. Rent and Security Deposit: Total rent amount, individual shares, payment schedule, and security deposit arrangements

6. Utilities and Bills: Division of responsibility for utilities, services, and other regular expenses

7. Common Areas: Rules regarding use and maintenance of shared spaces

8. Maintenance and Repairs: Responsibilities for property maintenance and procedure for reporting repairs

9. House Rules: Basic rules for peaceful cohabitation, including noise, guests, and cleaning responsibilities

10. Termination and Notice: Conditions and procedures for ending the agreement or individual co-tenancy

11. Dispute Resolution: Process for resolving conflicts between co-tenants

12. Governing Law: Specification of Nigerian law as governing law and relevant jurisdiction

Optional Sections

1. Pet Policy: Rules regarding pet ownership if allowed by the landlord

2. Parking Arrangements: Allocation and rules for parking spaces if applicable

3. Storage Space Allocation: Distribution of storage areas if available

4. Subletting: Terms and conditions for subletting, if permitted

5. Special Arrangements: Any specific arrangements between co-tenants (e.g., room rotation, special facilities)

6. Insurance Requirements: Specifications for required insurance coverage

7. Quiet Hours: Specific quiet hours if needed for student or professional housing

8. Work from Home Policy: Guidelines for using common spaces for work if relevant

Suggested Schedules

1. Schedule A - Property Details: Detailed description of the property, including floor plan and included furnishings

2. Schedule B - Rent Schedule: Detailed breakdown of rent shares and payment dates

3. Schedule C - Inventory List: List of furniture and appliances provided by landlord or owned jointly by tenants

4. Schedule D - Utility Account Details: Account numbers and payment arrangements for various utilities

5. Schedule E - Maintenance Schedule: Regular maintenance tasks and responsibility rotation

6. Appendix 1 - House Rules: Detailed house rules and regulations

7. Appendix 2 - Contact Information: Complete contact details for all parties, emergency contacts, and important service providers

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




































Clauses






























Relevant Industries

Real Estate

Residential Property

Commercial Property

Student Housing

Shared Workspace

Property Management

Legal Services

Education

Corporate Housing

Relevant Teams

Legal

Real Estate

Property Management

Facilities

Operations

Student Services

Compliance

Administrative Services

Tenant Relations

Contract Management

Relevant Roles

Property Manager

Real Estate Agent

Legal Counsel

Housing Officer

Tenant Relations Manager

Facilities Manager

Student Housing Coordinator

Property Administrator

Leasing Manager

Real Estate Attorney

Housing Director

Compliance Officer

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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