Apartment Rental Contract Template for Nigeria

The Apartment Rental Contract serves as a legally binding agreement between a landlord and tenant for the lease of residential apartment property in Nigeria. This document is essential for any residential property rental transaction, ensuring compliance with Nigerian federal and state property laws, including the Tenancy Law of Nigeria and relevant state-specific regulations. The contract typically addresses key aspects such as rental terms, payment schedules, maintenance obligations, and dispute resolution procedures. It's designed to protect both parties' interests while ensuring adherence to local legal requirements regarding advance rent payments, security deposits, and property maintenance. This standardized agreement can be customized to accommodate specific property features, tenant requirements, or additional services while maintaining compliance with Nigerian property law.

1. Parties: Identification of the landlord/lessor and tenant/lessee with full legal names and addresses

2. Background: Brief context about the property rental arrangement and purpose of the agreement

3. Definitions: Key terms used throughout the agreement defined for clarity

4. Property Details: Complete description of the rental property including address and specific unit details

5. Term of Lease: Duration of the tenancy, including start and end dates

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

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

8. Utilities and Services: Responsibility for various utilities and services (electricity, water, waste management, etc.)

9. Maintenance and Repairs: Responsibilities of landlord and tenant for property maintenance and repairs

10. Use of Property: Permitted uses of the property and restrictions on activities

11. Occupancy Limits: Maximum number of occupants and guest policies

12. Insurance Requirements: Required insurance coverage for both parties

13. Access and Inspection: Landlord's rights to access the property and inspection procedures

14. Termination: Conditions and procedures for terminating the lease

15. Governing Law: Specification of Nigerian law as governing law and jurisdiction