Landlord Rights Lagos Nigeria - Landlord Obligation. Tenant Limits - Free Tips
Landlord rights Lagos Nigeria - When a tenant rents or lease a property from a landlord he or she is presented with a lease agreement that clearly state the responsibilities of the landlord toward the tenant and vice versa.
"This is my house! If you don't like my rules, then get out!"
It is common to hear terrible landlords in Lagos Nigeria use that line and bossy tone. But hey, the tenant have rights too!
So, what are landlord rights and tenant rights?
Standard lease agreements state landlord rights as follows:
1.0 THE LANDLORD'S COVENANTS
2.2 If the Tenant shall fail to pay the rents or any other sum due under this Tenancy whether formally demanded or not the Tenant shall pay to the Landlord interest on such rent or unpaid sum at the Bank interest rate prevailing on the last day of the last year of the Term calculated up to the date on which they are actually paid and such interest shall be deemed to be rents due to the Landlord.
2.3 Nothing in the preceding clause shall entitle the Tenant to withhold or delay any payment of the rents or any other sum due under this Tenancy after the date upon which they fall due or in any way prejudice affect or derogate from the rights of the Landlord in relation to such non-payment including (but without prejudice to the generality of the above) under the proviso for re-entry contained in this tenancy.
2.4 The Rent herein paid is subject to review at the expiration of the two-year term granted and subsequent renewals thereafter shall be done annually and shall be determined at the prevailing market rental value of similar properties within the neighborhood.
If the Tenant does not proceed diligently with the execution of the repairs within 21 days after service of the said notice the Landlord may (but without prejudice to any other right or remedy) enter the Demised Premises with all necessary workmen and appliances and execute the repairs and the cost of the repairs shall be a debt due to the Landlord under this Tenancy agreement.
Sorry, about the legal terms above expressing the landlord rights. It is the way the typical real estate attorney craft lease agreement.
You will notice that the agreement above, which is a section of a valid lease agreement, states the obligation of the landlord to the tenant. In simple language, the landlord covenants to . . .
1. Ensure the property is structurally sound and in good condition and
2. Allow the tenant to enjoy his stay in the rented apartment with minimal disturbance, if any
However, the next section consolidates the landlord rights by using the words, "provided always . . . ".
This means that the landlord's covenant to the tenant is conditional. That is, dependent on the tenant meeting certain obligations.
Real estate attorneys defend the interest of landlords - their clients - not tenants. See why it makes perfect sense to build your own home and become a proud landlord?
Rent an apartment when . . .
Request to see a copy of the lease agreement before you pay for the apartment. That way, you can check out if you don't like what you see.
P.S: Another way to look at landlord rights is to view it from the perspective of the tenants obligation to the landlord. That is, the tenant's obligation to the landlord are the landlord rights.
Click HERE to download a standard lease agreement.