The Landlord Tenant Contract is a fundamental legal document used in Nigerian property transactions to establish and regulate the relationship between property owners and occupiers. This agreement is essential for both residential and commercial property rentals in Nigeria, providing a legally enforceable framework that protects the interests of both parties while ensuring compliance with federal legislation such as the Recovery of Premises Act and state-specific tenancy laws. The document typically includes comprehensive details about the property, rental terms, maintenance obligations, and dispute resolution procedures, adapted to meet local legal requirements and market practices. It serves as a crucial tool for property management and real estate professionals operating in the Nigerian market, where proper documentation of tenancy arrangements is vital for legal protection and proper property administration.

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

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

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

4. Property Details: Detailed description of the leased property including address and boundaries

5. Term of Tenancy: Duration of the lease, including start and end dates

6. Rent and Payment Terms: Rent amount, payment schedule, and method of payment

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

8. Utilities and Services: Responsibility for utilities, services, and associated charges

9. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance

10. Tenant's Obligations: Core responsibilities and restrictions on the tenant's use of the property

11. Landlord's Obligations: Core responsibilities of the landlord including statutory obligations

12. Insurance: Required insurance coverage for both parties

13. Access and Inspection: Landlord's rights of entry and inspection procedures

14. Default and Remedies: Consequences of breach and available remedies

15. Termination: Conditions and procedures for ending the tenancy

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

17. Governing Law: Confirmation of Nigerian law application and jurisdiction