The End of Tenancy Agreement is a crucial document used in Nigerian property law to formally conclude a tenancy relationship between landlord and tenant. It becomes necessary when either party initiates the termination of an existing lease agreement, whether at the natural end of the term or through mutual agreement for early termination. This document ensures compliance with Nigerian federal legislation, particularly the Recovery of Premises Act, and state-specific tenancy laws. It covers essential aspects such as property condition assessment, security deposit settlement, utility account transfers, and final payment reconciliation. The agreement serves as legal protection for both parties by clearly documenting the termination process and each party's final obligations, helping prevent future disputes and ensuring a smooth transition of property possession.
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1. Parties: Identification of the landlord/lessor and tenant/lessee with full legal names and addresses
2. Background: Brief context of the existing tenancy agreement and the reason for its termination
3. Definitions: Key terms used throughout the agreement including 'Premises', 'Termination Date', 'Security Deposit', etc.
4. Termination Date: Specific date when the tenancy will end and confirmation of proper notice given
5. Property Inspection: Terms for final inspection, including timing and procedure
6. Tenant Obligations: List of tenant's responsibilities before vacating, including cleaning, repairs, and restoration requirements
7. Security Deposit: Terms for the assessment and return of the security deposit, including deductions process
8. Outstanding Payments: Settlement of any remaining rent, utilities, or other charges
9. Keys and Access: Requirements for returning all keys, access cards, and other property access items
10. Forwarding Address: Tenant's obligation to provide forwarding address for future correspondence
11. Release and Discharge: Mutual release from ongoing obligations under the original tenancy agreement
12. Governing Law: Confirmation that the agreement is governed by Nigerian law
13. Dispute Resolution: Process for resolving any disputes arising from the end of tenancy
1. Furnished Property Returns: Specific section for furnished properties detailing the return and condition requirements of furniture and furnishings
2. Professional Cleaning: Requirements for professional cleaning services, used when specified in original lease
3. Pest Control: Obligations regarding pest control treatment before vacation, if required
4. Redecoration: Specific requirements for repainting or restoration of decorative elements
5. Commercial Property Specifications: Additional requirements specific to commercial properties, including signage removal and business-specific restorations
6. Gardens and External Areas: Specific requirements for properties with gardens or external areas that need maintenance
7. Utilities Transfer: Detailed process for transferring or terminating utility accounts, if managed by tenant
1. Schedule 1 - Property Inventory: Detailed inventory of the property and its contents at the start of tenancy for comparison
2. Schedule 2 - Check-out Inspection Report: Template or actual report documenting the condition of the property at termination
3. Schedule 3 - Photographic Evidence: Dated photographs of the property's condition at the end of tenancy
4. Schedule 4 - Security Deposit Calculation: Detailed breakdown of any deductions from the security deposit
5. Schedule 5 - Outstanding Payments Schedule: List of any remaining payments or credits between parties
6. Appendix A - Cleaning Checklist: Detailed checklist of required cleaning tasks
7. Appendix B - Property Damage Report: Documentation of any damage beyond normal wear and tear
Relevant legal definitions
Agreement
Premises
Property
Landlord
Tenant
Original Lease Agreement
Termination Date
Effective Date
Security Deposit
Inventory
Check-out Inspection
Final Inspection Date
Outstanding Payments
Utilities
Forwarding Address
Fixtures and Fittings
Fair Wear and Tear
Keys and Security Devices
Professional Cleaning
Property Manager
Working Day
Notice Period
Relevant Authority
Deposit Deductions
Final Settlement
Handover Date
Parties
Schedule of Condition
Common Areas
Service Charges
Premises
Property
Landlord
Tenant
Original Lease Agreement
Termination Date
Effective Date
Security Deposit
Inventory
Check-out Inspection
Final Inspection Date
Outstanding Payments
Utilities
Forwarding Address
Fixtures and Fittings
Fair Wear and Tear
Keys and Security Devices
Professional Cleaning
Property Manager
Working Day
Notice Period
Relevant Authority
Deposit Deductions
Final Settlement
Handover Date
Parties
Schedule of Condition
Common Areas
Service Charges
Clauses
Termination
Property Inspection
Security Deposit
Final Settlement
Property Condition
Utilities
Outstanding Payments
Keys and Access
Cleaning Obligations
Repairs and Maintenance
Personal Property Removal
Forwarding Address
Release and Discharge
Indemnification
Dispute Resolution
Governing Law
Notices
Force Majeure
Severability
Entire Agreement
Assignment
Confidentiality
Representations and Warranties
Compliance with Laws
Insurance
Property Access
Documentation
Time is of the Essence
Costs and Expenses
Further Assurance
Property Inspection
Security Deposit
Final Settlement
Property Condition
Utilities
Outstanding Payments
Keys and Access
Cleaning Obligations
Repairs and Maintenance
Personal Property Removal
Forwarding Address
Release and Discharge
Indemnification
Dispute Resolution
Governing Law
Notices
Force Majeure
Severability
Entire Agreement
Assignment
Confidentiality
Representations and Warranties
Compliance with Laws
Insurance
Property Access
Documentation
Time is of the Essence
Costs and Expenses
Further Assurance
Relevant Industries
Real Estate
Residential Property
Commercial Property
Retail
Hospitality
Office Space
Industrial
Education
Healthcare
Professional Services
Relevant Teams
Legal
Real Estate
Facilities Management
Operations
Property Management
Asset Management
Tenant Relations
Contract Administration
Risk Management
Compliance
Relevant Roles
Property Manager
Real Estate Manager
Facilities Manager
Legal Counsel
Property Administrator
Leasing Manager
Asset Manager
Operations Manager
Real Estate Agent
Property Coordinator
Tenant Relations Manager
Contract Administrator
Housing Officer
Estate Agent
Property Consultant
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