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Expiration Of Lease Notice for Nigeria

Expiration Of Lease Notice Template for Nigeria

A formal legal notice document governed by Nigerian property law, specifically designed to inform tenants about the upcoming expiration of their lease agreement. This document complies with the requirements set forth in the Nigerian Recovery of Premises Act and relevant state-specific tenancy laws. It includes essential information such as property details, lease expiration date, vacation requirements, and property return conditions. The notice serves as an official communication tool between landlords and tenants, ensuring proper documentation of the lease termination process while protecting the legal interests of all parties involved.

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Expiration Of Lease Notice

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What is a Expiration Of Lease Notice?

The Expiration of Lease Notice is a fundamental document in Nigerian property law used when a landlord needs to formally notify a tenant that their lease agreement is coming to an end. This document is essential for proper lease termination and property recovery procedures under Nigerian law, particularly in compliance with the Recovery of Premises Act and state-specific tenancy laws. It should be issued within the legally required notice period, which varies depending on the type of tenancy and specific state regulations. The notice typically includes crucial information such as property identification, lease termination date, vacation requirements, and property return conditions. It serves as both a legal requirement and a practical tool for managing the transition of property possession, helping to prevent disputes and ensuring clear communication between parties.

What sections should be included in a Expiration Of Lease Notice?

1. Date and Address Block: Current date and full addresses of both landlord and tenant

2. Subject Line: Clear indication that this is a Notice of Lease Expiration

3. Property Identification: Complete and accurate description of the leased property

4. Lease Reference: Details of the original lease agreement including date of execution and parties

5. Notice of Expiration: Clear statement of lease expiration date and intention not to renew

6. Vacation Requirements: Specific date by which the property must be vacated

7. Property Condition: Requirements for the condition in which the property should be returned

8. Key Return: Instructions for returning keys and access devices

9. Closing and Signatures: Formal closing, signature of landlord/agent, and date

What sections are optional to include in a Expiration Of Lease Notice?

1. Security Deposit: Information about the return of security deposit and any deductions, if applicable

2. Outstanding Payments: Details of any pending rent or utility payments that need to be settled

3. Inspection Arrangements: Proposed dates and arrangements for final property inspection

4. Forwarding Address Request: Request for tenant's forwarding address for future correspondence

5. Utility Transfer: Instructions regarding the transfer or termination of utility services

What schedules should be included in a Expiration Of Lease Notice?

1. Copy of Original Lease: Attached copy of the original lease agreement for reference

2. Property Inventory: List of fixtures and fittings that should remain in the property

3. Inspection Checklist: Checklist for final property inspection and condition assessment

4. Utility Account Details: List of utility accounts that need to be transferred or terminated

Authors

Alex Denne

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

Jurisdiction

Nigeria

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions




















Clauses














Relevant Industries

Real Estate

Residential Property

Commercial Property

Retail

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Hospitality

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Legal

Real Estate

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Operations

Asset Management

Compliance

Administrative Services

Tenant Relations

Property Services

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Legal Counsel

Property Administrator

Lease Administrator

Asset Manager

Real Estate Agent

Property Owner

Building Manager

Operations Manager

Real Estate Director

Compliance Officer

Property Services Coordinator

Industries





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