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A Letter of Intent For Apartment is commonly used in the Nigerian real estate market as a preliminary step before entering into a formal lease agreement. This document is particularly relevant in urban areas like Lagos, Abuja, and Port Harcourt, where the residential property market is highly competitive. It serves to formally document a prospective tenant's serious interest in a property while outlining key terms such as proposed rental amount, duration, and move-in dates. While not legally binding, it helps establish professional communication and demonstrates commitment to the transaction. The document is especially useful in situations involving corporate rentals, expatriate housing, or high-end residential properties where formal documentation of intent is expected. It typically precedes the more detailed lease agreement and helps streamline the rental process within the Nigerian property market framework.

1. Date and Address Block: Formal letter date and recipient's complete address details

2. Subject Line: Clear indication that this is a Letter of Intent for the specific property

3. Opening Statement: Formal introduction and expression of interest in the property

4. Property Details: Specific description and address of the apartment of interest

5. Key Terms: Proposed fundamental terms including rent, duration, and expected move-in date

6. Financial Information: Proposed rental amount, security deposit, and payment terms

7. Timeline: Proposed timeline for lease execution and move-in

8. Contact Information: Complete contact details of the prospective tenant

9. Closing Statement: Non-binding nature statement and request for response

10. Signature Block: Space for signature, name, and date