The Residence Agreement serves as a fundamental legal instrument in Nigerian property law, establishing the contractual relationship between property owners and residents. This document is essential when any residential property is being let, whether it's an apartment, house, or other residential unit. The agreement must comply with the Nigerian federal legal framework, including the Recovery of Premises Act and relevant state-specific tenancy laws. A properly structured Residence Agreement should detail all aspects of the tenancy, including rent payments, duration, maintenance obligations, and dispute resolution procedures. It's particularly important in the Nigerian context where state-specific variations in property law require careful attention to local regulations and customs. The document provides legal protection for both landlords and tenants while ensuring clarity in their respective rights and obligations.
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1. Parties: Identification and details of the landlord/lessor and tenant/lessee
2. Background: Context of the agreement and brief description of the property
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Comprehensive description of the property, including address and specific areas included
5. Term of Tenancy: Duration of the tenancy, start date, and end date
6. Rent and Payment Terms: Rent amount, payment schedule, and method of payment
7. Security Deposit: Amount, terms of holding, and conditions for refund
8. Utilities and Services: Responsibility for utilities, services, and associated charges
9. Maintenance and Repairs: Responsibilities of landlord and tenant for property maintenance
10. Use of Property: Permitted uses of the property and restrictions
11. Tenant's Obligations: Comprehensive list of tenant's responsibilities and commitments
12. Landlord's Obligations: Comprehensive list of landlord's responsibilities and commitments
13. Insurance: Required insurance coverage and responsibilities
14. Access and Inspection: Terms for landlord's access to the property
15. Termination: Conditions and procedures for terminating the agreement
16. Notices: Methods and addresses for official communications
17. Governing Law: Specification of Nigerian law and relevant state jurisdiction
18. Dispute Resolution: Procedures for handling disputes between parties
1. Subletting: Terms for subletting, if permitted - include when subletting might be considered
2. Pet Policy: Rules regarding pets - include when pets are allowed in the property
3. Furniture and Fittings: Details of furnished properties - include for furnished lettings only
4. Common Areas: Rules for shared facilities - include for apartments or shared compounds
5. Security and Access Control: Special security arrangements - include for gated communities or high-security properties
6. Property Management: Details of property manager's role - include when a management company is involved
7. Special Amenities: Rules for pools, gyms, etc. - include when property has special facilities
8. Environmental Compliance: Special environmental requirements - include for properties in environmentally sensitive areas
1. Schedule 1 - Property Inventory: Detailed list of all items included in the property, their condition at commencement
2. Schedule 2 - Property Condition Report: Detailed description of property condition at commencement of tenancy
3. Schedule 3 - Service Charges Breakdown: Detailed breakdown of any service charges and maintenance fees
4. Schedule 4 - House Rules: Specific rules and regulations for the property or development
5. Schedule 5 - Utility Agreements: Copies or details of utility arrangements and account numbers
6. Appendix A - Floor Plan: Detailed floor plan of the property showing all rooms and areas included
7. Appendix B - Photographs: Documentary photographs of property condition at commencement
8. Appendix C - Required Permits: Copies of relevant permits, certificates and approvals
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