¶¶Òõ¶ÌÊÓƵ

This Month-to-Month Agreement template is designed for use in Nigeria when parties require a flexible, short-term rental arrangement that can be terminated with minimal notice. It's particularly suitable for situations where either party may need the flexibility to end the tenancy on relatively short notice, such as temporary relocations, transitional housing, or test periods for commercial spaces. The agreement includes all essential elements required under Nigerian law, including compliance with the Contract Act of 1876, the Recovery of Premises Act, and applicable state-specific tenancy laws. It provides comprehensive coverage of key terms including rent, utilities, maintenance, security deposits, and notice requirements, while remaining adaptable to various property types and use cases. This document is commonly used in both residential and commercial contexts, offering protection for both parties while maintaining the flexibility inherent in periodic tenancies.

1. Parties: Identifies and provides full details of the landlord/lessor and tenant/lessee, including legal names, addresses, and contact information

2. Background: Brief context explaining the purpose of the agreement and the intent to create a month-to-month tenancy

3. Definitions: Defines key terms used throughout the agreement to ensure clarity and prevent misinterpretation

4. Property Description: Detailed description of the premises being rented, including address and any included fixtures or fittings

5. Term and Renewal: Specifies the monthly nature of the agreement, commencement date, and automatic renewal provisions

6. Rent and Payment Terms: Details the monthly rent amount, payment date, acceptable payment methods, and late payment consequences

7. Security Deposit: Specifies the security deposit amount, terms of holding, and conditions for return

8. Utilities and Services: Outlines responsibility for utility payments and included services

9. Maintenance and Repairs: Defines responsibilities for property maintenance and repair procedures

10. Notice Requirements: Specifies notice periods required for termination by either party

11. Use of Property: Stipulates permitted uses of the property and any restrictions

12. Governing Law: Confirms the agreement is governed by Nigerian law and specifies applicable state jurisdiction