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Legal Tenancy Agreement

Below is a standard draft sample of a Legal Tenancy Agreement. Please note that this form may vary based on jurisdiction, terms and conditions, and the applicable laws. It is important to ensure compliance with local authority procedures and requirements.

 

 

THIS TENANCY AGREEMENT is made this………..day of…………year Between Party1 of Address of Party1. (Hereinafter referred to as the “LANDLORD”) which expression shall where the context so admits, include his agents, assigns, administrators and legal representatives and successors-in-title of the one part.

AND

Party2 OF Address of party2 (Hereinafter referred to as the “TENANT”) which expression shall where the context so admits, include his agents, assigns, administrators, legal representatives and successors-in-title of the other part.

WHEREAS:

1.    The LANDLORD is the beneficial owner and seized of ALL THAT PROPERTY described as (property description) situated at  (at property Address)  together with fixtures, fittings, and appurtenances thereto attached (hereinafter referred to as “The Demised Premises”).

2.    The LANDLORD has agreed to let and the TENANT has agreed to take the rent of the Demised Premises for a fixed term of ……………..year at a rent of …………………………….. only NET of outgoings, withholding taxes and all other deductions whatsoever on the terms, covenants and conditions hereinafter contained.

NOW THIS AGREEMENT WITNESSES AS FOLLOWS:

1.       IN CONSIDERATION of the rent hereinafter reserved and the covenants hereinafter contained on the part of the rent to be performed and observed, the LANDLORD HEREBY LETS the Demised Premises to the TENANT for a period of …………year, commencing on ……………………………… to………………………… at the rate of………………………….only totaling …………………..NET of all outgoings, withholding taxes and all other taxes and deductions whatsoever, being rent for the said one year certain having been paid, the receipt of which the  LANDLORD acknowledges.

2.       THE TENANT HEREBY COVENANTS with the LANDLORD as follows:

  1. To pay the Annual rent on or before the expiration date of the previous rent. Failure to do the aforementioned, the Tenant shall only be entitled to a seven (7) days’ Notice.
  2. To bear, pay and discharge all electricity and telephone bills, which may become due or payable in respect of the Demised Premises during the terms hereby granted.
  • To bear, pay and discharge during the said term all charges, township rate, tenements and other taxes imposed on the Demised Premises and required by law to be paid by the Tenant.
  • To bear, pay and discharge the cost of preparing this agreement.
  • To keep and maintain the interior and surrounding of the Demised Premises together with the Landlord’s fixtures and fittings therein in a good and tenable state of repair and condition (damage due to fair wear and tear or act of God excepted) throughout the term hereby granted AND at the expiration thereof to redecorate the Demised Premises with good quality paint in workable manner and replace any of the said fixtures at the termination of the term granted.
  • To use the Demised Premises for residential purpose.
  • Not to assign, underlet or part with possession of the Demised Premises or any part thereof.
  • Not to carry or permit to be carried out in the demised premises or any part therein any offensive, immoral, noisy or dangerous activity and not to do, permit or suffer to be done thereon, anything which may be or become a nuisance or disturbance to co-occupiers or neighbours or which may lead to the forfeiture of the Tenant’s rent of the premises but to use and occupy the Demised Premises for residential purposes only.
  1. Not to make structural alternations, additions to or conversion of the Premises or any part thereof, or erect of affix anything to the exterior of the premises and in particular not to provide or install any window air condition, reservoir or storage facility on the premises without the prior written  consent of the Landlord.
  • Not to permit or suffer additional load on the existing electrical wiring layout without the permission of the Landlord first had and obtained in written, such consent not to be unreasonably withheld.
  • Not to store any petroleum product and other highly inflammable materials on the Demised Premises.
  • To permit the Landlord and his agents and all authorized by him to enter upon the Demised Premises and inspect the state and condition of the same as well as to execute and carry out all repairs which the Landlord is obliged to carry out.
  • At the expiration or sooner determination of the term, to peaceably yield up to the Landlord or his agents, the Demised Premises with all conditions thereto and in such repairs and conditions as it was at the commencement of the Tenancy.
  • Not to do or permit to be done whereby any policy of insurance on the premises or any part thereof may become void or avoidable or subject to an increased premium.
  • Not to install any radio aerial in or above the premises without the prior written consent of the Landlord, such consent not to be unreasonably withheld.
  • To indemnify the Landlord at all times in respect of any damage to the Demised Premises, caused by or attributable to the Tenant.
  • Not to keep or allow into the Premises any pets or animals whatsoever except with the prior consent of the Landlord such consent not to be unreasonably withheld.
  • To comply with all bye laws and regulations made from time to time for the management and administration of Nasarawa State Government.
  • The Landlord upon giving his consent to renew the tenancy, reserves the right to increase the rent presently payable by the Tenant subject to the economic realities in the Society.  All the terms and conditions contained in this Agreement are bound on both parties on renewal.

4. TENANT HEREBY ACKNOWLEDGES AND AGREES that the Landlord shall

    Determine the tenancy forthwith, where the Tenant derogates from any of the Tenancy covenants.

5. The LANDLORD HEREBY COVENANTS with the Tenant as follows:

  1. That the Tenant paying the rent hereby reserved and observing and performing with several covenants herein on his part to be observed and performed, shall peaceably hold and enjoy the Demised Premises during the term hereby granted without any interruption by the Landlord or any person rightfully claiming under or in trust for it, this being without prejudice to the Landlord or its agents calling occasionally during the reasonable hours of the day for either routine inspection or repairs.
  • The duration of the Tenancy is a fixed term of one (1) year commencing from ……………………… and expired on …………………and renewable by the Consent of the Landlord.
  • The Landlord upon giving his consent to renew the tenancy, reserves the right to increase the rent presently payable by the Tenant subject to the economic realities in the Society.   All the terms and conditions contained in this Agreement are bound on both parties on renewal
  • To keep the Demised Premises structurally sound and the exterior in good tenable repair and condition.
  • To pay the ground rent reserved in respect of the Demised Premises under the Head lease (if any).
  • To observe and perform the covenant contained in the head lease (if any) and on its part to be observed and performed other than those to be observed and performed by the Tenant.

IN WITNESS WHEREOF the parties have executed this agreement in the manner hereinafter appearing the day, month and year first above written.

SIGNED, SEALED AND DELIVERED by the within named LANDLORD

                                                                                    ……………………………………

IN THE PRESENCE OF: 

NAME: ……………………………………………………………

ADDRESS: ………………………………………………………..

OCCUPATION: ………………………………………………….

SIGNATURE……………………………………………………….

SIGNED, SEALED AND DELIVERED by the within named TENANT

   ……………….……………………

IN THE PRESENCE OF:

NAME: ……………………………………………………………….

ADDRESS: …………………………………………………………….

OCCUPATION: ……………………………………………………..

SIGNATURE…………………………………………………………..                                   

 

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