Standard Tenancy Agreement Template for Nigeria

The Standard Tenancy Agreement serves as a fundamental legal instrument in Nigerian property law, essential for formalizing rental arrangements between property owners and tenants. This document is required whenever a property is leased in Nigeria, whether for residential or commercial purposes, and must comply with both federal legislation (such as the Recovery of Premises Act) and state-specific tenancy laws. The agreement covers crucial aspects including rent terms, maintenance obligations, security deposits, and termination procedures, while incorporating mandatory local requirements such as witness signatures and proper stamping. A well-drafted Standard Tenancy Agreement helps prevent disputes by clearly defining parties' rights and obligations, ensuring compliance with local regulations, and providing a solid legal framework for the rental relationship.

1. Parties: Identification and details of the landlord and tenant, including full names, addresses, and contact information

2. Background: Brief context of the agreement and property letting arrangement

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Details: Complete description and address of the rental property

5. Term and Commencement: Duration of tenancy and start date

6. Rent and Payment Terms: Rent amount, payment schedule, and acceptable payment methods

7. Security Deposit: Amount, terms of holding, and conditions for return of security deposit

8. Utilities and Services: Responsibility for utility payments and service charges

9. Tenant Obligations: Core responsibilities and obligations of the tenant

10. Landlord Obligations: Core responsibilities and obligations of the landlord

11. Repairs and Maintenance: Responsibilities for property maintenance and repair procedures

12. Use of Property: Permitted use of the property and any restrictions

13. Insurance: Insurance requirements for both parties

14. Access and Inspection: Landlord's rights of access and inspection procedures

15. Termination: Conditions and procedures for terminating the tenancy

16. Notices: How formal notices should be given between parties

17. Governing Law: Specification of Nigerian law as governing law

18. Signing Page: Execution section with space for signatures, dates, and witnesses