Most of the time, the tenant feels that the landlord owes him something after repairs in the house, which often leads to disagreements. Under the law, the landlord has the right not to reimburse a tenant. The Recovery of Premises Law provides that a valid “notice of termination” on a lessor`s intention to terminate/terminate the tenant`s tenancy must be in writing and notified to the tenant. The time given to the tenant, whether weekly, monthly, annual, depends on his rent. It is therefore recommended that a tenant read the lease carefully before signing, as some may even sign their “termination” rights. Remember that ignorance is not an excuse in the law. There is no doubt that oral leases, although legal, place the parties in a precarious situation. First, without adequate evidence, it will be difficult to pressure the parties to impose the privileges they are entitled to under the agreement. In some cases, they may find themselves in a position contrary to what has been expressly agreed and the simple reason why the agreement has not been concluded in writing. Similarly, the mere fact that the contract is oral assumes that it is not well thought out, so the possibility of unnecessary disagreements between the landlord and the tenant is likely. Therefore, given the considerable importance of a lease for the parties concerned, such agreements should only be concluded in writing.
It is advisable that a lawyer be involved in the process of forming the lease. In this way, both parties receive sufficient advice on their rights, obligations/obligations and have the necessary evidence to successfully assert their rights under the agreement. Under section 47 of the Lagos State Tenancy Law 2011, it means “written or oral, explicit or implied agreements between a lessor and a tenant regarding the ownership of premises”. The framework law for the Lagos State lease is the Lagos State Tenancy Law 2011. A right to the “lease renewal clause” should be included in the lease before both parties put the pen on paper. Once the tenant agrees and the conditions are agreed – time to request the renewal of the rental agreement and the mode of application, the lessor is not required to renew the rent of a tenant. This is a good way for owners to remove a maverick. A lease is a relationship between a person and its owner.
A lease agreement confers rights on both parties. The predominant factor of a lease is that it is safe for a period usually between one and three years with the renewal option. Any lease longer than three (3) years is considered a lease and not a lease. However, it is important to note that under the Lagos State Tenancy Act 2011, a renter cannot accept rent beyond one year, except for certain designated areas such as Ikoyi, Victoria Island, Apapa and Ikeja GRA. Tenants may prefer a temporary lease if they know exactly how long they need to live in a property. Finally, be aware that if there is an interruption clause in the rental agreement, your landlord can notify you afterwards.. . .