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Form To End Tenancy Agreement Template for Nigeria

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Key Requirements PROMPT example:

Form To End Tenancy Agreement

"I need a Form To End Tenancy Agreement for my three-bedroom residential property in Lagos, Nigeria, with a mutual termination date of March 15, 2025, including standard provisions for property handover and security deposit return."

Document background
The Form To End Tenancy Agreement is a crucial legal document used in the Nigerian property market when both landlord and tenant mutually agree to terminate their existing lease arrangement. This document becomes necessary when either party wishes to formally end a tenancy before or at its natural conclusion, ensuring all parties' rights are protected under Nigerian law. It includes essential provisions for property handover, financial settlements, and final inspections, while ensuring compliance with federal legislation such as the Recovery of Premises Act and state-specific tenancy laws. The agreement is particularly important in preventing future disputes by clearly documenting the termination terms, settlement of accounts, and condition of the property at the time of surrender. It serves both residential and commercial tenancies and can be adapted to various property types while maintaining its core legal requirements under Nigerian jurisdiction.
Suggested Sections

1. Parties: Identification of the Landlord and Tenant with their full legal names and addresses

2. Background: Brief description of the existing tenancy agreement, including its date, property address, and current terms

3. Definitions: Definitions of key terms used throughout the agreement

4. Termination Date: Clear statement of the agreed termination date and confirmation that both parties agree to end the tenancy

5. Handover Process: Details of how and when the property will be handed back to the landlord, including key return and inspection arrangements

6. Settlement of Accounts: Provisions for final rent payment, utility bills, and other outstanding charges

7. Security Deposit: Terms for the return of the security deposit, including any deductions and timeline

8. Final Inspection: Requirements for the final property inspection and condition assessment

9. Vacant Possession: Confirmation that the property will be delivered vacant and clear of occupants and possessions

10. Governing Law: Specification that the agreement is governed by Nigerian law

Optional Sections

1. Early Termination Fees: Required when the termination occurs before the original lease end date

2. Property Damage Resolution: Needed when there are disputes or agreements about damage to the property

3. Forwarding Address: Section for tenant's new address for future correspondence

4. Outstanding Repairs: Required when there are pending repairs to be addressed before termination

5. Third Party Claims: Needed when there are outstanding issues with neighbors or other third parties

6. Utilities Transfer: Required when there are specific arrangements needed for utility account transfers

7. Storage Arrangements: Needed when temporary storage of tenant's belongings is required

Suggested Schedules

1. Schedule 1 - Property Inventory: Detailed inventory of any fixtures and fittings belonging to the landlord

2. Schedule 2 - Condition Report: Current condition of the property and any noted damage or wear and tear

3. Schedule 3 - Outstanding Payments: Detailed list of any outstanding rent, utilities, or other charges

4. Schedule 4 - Security Deposit Deductions: Itemized list of any deductions from the security deposit

5. Appendix A - Photographic Evidence: Photos documenting the condition of the property at termination

6. Appendix B - Utility Readings: Final meter readings for electricity, water, gas, and other utilities

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

Property Management

Legal Services

Residential Housing

Commercial Property

Retail

Hospitality

Education

Healthcare

Professional Services

Relevant Teams

Legal

Property Management

Real Estate

Facilities

Operations

Administration

Tenant Relations

Asset Management

Compliance

Risk Management

Relevant Roles

Property Manager

Real Estate Agent

Leasing Manager

Legal Counsel

Property Administrator

Facilities Manager

Estate Manager

Housing Officer

Tenant Relations Manager

Property Legal Advisor

Real Estate Portfolio Manager

Letting Agent

Building Manager

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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