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The Rent Payment Plan Letter is a critical document in Nigerian real estate practice, commonly used when tenants require a modified payment structure for their rent obligations. This document becomes necessary in various situations, such as when tenants face temporary financial constraints or when businesses prefer to align rent payments with their cash flow cycles. The letter must comply with Nigerian property law, including the Rent Control and Recovery of Residential Premises Act and relevant state-specific tenancy laws. It typically details the current rent status, proposed payment schedule, and commitment to the new terms. While maintaining the fundamental aspects of the original lease agreement, the Rent Payment Plan Letter serves as a formal addendum that protects both parties' interests and provides a clear framework for the modified payment arrangement.

1. Letterhead and Date: Official letterhead of the tenant (if a business) or tenant's name and address, plus current date

2. Recipient Details: Landlord's/property manager's full name, title, and address

3. Subject Line: Clear indication that this is a Rent Payment Plan Request/Agreement

4. Property Identification: Full address and details of the rented property

5. Current Situation: Statement of current rent status, including any arrears or upcoming payments

6. Payment Plan Proposal: Detailed breakdown of proposed payment schedule and amounts

7. Commitment Statement: Clear statement of commitment to honor the payment plan

8. Acknowledgment of Terms: Recognition that original lease terms remain in effect

9. Signature Block: Space for both parties' signatures, names, and dates