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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."
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
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
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
Real Estate
Property Management
Legal Services
Residential Housing
Commercial Property
Retail
Hospitality
Education
Healthcare
Professional Services
Legal
Property Management
Real Estate
Facilities
Operations
Administration
Tenant Relations
Asset Management
Compliance
Risk Management
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
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