tenancy - olufemi 2 bedroom

8/18/2019 Tenancy - Olufemi 2 Bedroom

1/10

TENANCY AGREEMENT

BETWEEN

Mr. DOTUN OLUSOLA

AND

Mr. BANKOLE DOTUN OLUFEMI


2/10

THIS TENANCY AGREEMENT is made this 1st Day of March 2013 and entered

into by and

BETWEEN,

Mr. Dotun Olusola of No. ! Olan"#" Str$$t, N$% O&o O'a, La(os,

hereinafter called the “Landlord” which expression shall where the context so

admits shall inclde his assi!ns and sccessors"in"title# of the one part$

AND

Mr. Ban&ol$ Dotun Olu)$*", o) La(os% No. ! Olan"#" Str$$t, N$% O&oO'a, La(os, hereinafter called the “&enant” which expression where the

context so admits shall inclde its assi!ns and sccessors"in"title# of the other

part$

&he Landlord and the &enant hereinafter indi'idally referred to as the “(arty”

and collecti'ely as the “(arties”$

WHEREAS+

&he Landlord is the owner of all that 2 )&wo# bedrooms *at

lyin! and sitate at No. ! Olan"#" Str$$t, N$% O&o

O'a, La(os hereinafter referred to as “the Demised

premises”#

&he &enant is desiros of bein! pt into possession of 2

)&wo# bedrooms *at in the Demised premises and has

accordin!ly approached the Landlord for the !rant of it$


3/10

- &he Landlord has a!reed to pt the &enant in possession

of the Demised premises in accordance with the terms%

conditions and stiplations hereinafter set forth$

NOW THIS DEED WITNESSETH as )ollo%s+

IN CONSIDERATION of the rent herein reser'ed and the performance of other

co'enants and obli!ations herein contained the Landlord hereby demises nto

the &enant All that 2 )&wo# bedrooms *at with the +ttin!s therein and all the

apprtenances pertainin! to the said property sitate and lyin! at No. !

Olan"#" Str$$t, N$% O&o O'a, La(os )hereinafter called the “ Demised

premises”# to ,-LD same nto the &enant for a term of On$ an/ 0al) #$ars

certain commencin! from

st

/a# o) Mar10, 2- to -

st

Au(ust, 23 withan option to renew for frther terms pon mtally acceptable terms$$

RENTAL AMOUNT, SER4ICE CHARGES, TERMS OF 5AYMENT

&he &enant shall pay the Landlord the rental amont of

N!2,222.22 6T0r$$ Hun/r$/ an/ F")t# T0ousan/ Na"ra7 net

per annm )exclsi'e of other dedctions#% with the rent for the

whole term payable now in ad'ance$&he rental amont shall be

paid$ &he Landlord hereby ac.nowled!es the receipt of the rent for

&wo years$

LANDLORD8S RES5ONSIBILITIES AND OBLIGATIONS

2$1 &he Landlord nderta.es to deli'er to the &enant on

commencement date of this tenancy a!reement% the demised

premises in a clean% neat% tidy and !ood condition$

2$2 &he Landlord warrants that the &enant shall ha'e /iet possession%

enoyment and habitation of the Demised premises$


4/10

2$3 &he Landlord nderta.es to maintain the demised premises drin!

the sbsistence of this &enancy A!reement free of any

encmbrance and in compliance with all local or mnicipal or

residential by"laws% ordinances% permits and re!lations as

necessary and applicable and the Landlord indemni+es the &enant

from any obli!ation or actions whatsoe'er that may be institted or

bro!ht a!ainst the &enant in relation thereto% by third parties

incldin! bt not limited to the appropriate athorities who may

claim preferential ri!hts or oint ri!hts andor accommodation ri!hts

andor any proprietary ri!hts whatsoe'er on the said !rond and

demised premises% and therefore the Landlord hereby releases and

dischar!es the &enant from sch claims andor encmbrances$

2$ &he Landlord hereby accepts fll and sole responsibility for the

payment of all local rates and taxes for char!es of the demised

premises% or items incidental thereto in relation to its ownership of

the demised premises% whether now existin! of hereafter to be

assessed% incldin! bt not limited to the (roperty &ax which may

be assessed on the Demised premises drin! the &enancy (eriod$

2$ 4ith the exception of dama!e that is cased by the &enant5s

ne!li!ence or by the &enant5s employees% in'itees or !ests% the

Landlord shall maintain% repair% renew% repaint% and .eep the

demised premises in !ood and tenantable condition and is

responsible for and shall bear any expenses incrred pon the

demised premises for strctral and extra ordinary repairs$


5/10

2$6 &he Landlord hereby co'enants with the &enant to .eep the

demised premises wind and water ti!ht to maintain and .eep in

!ood repair and wor.in! order all facilities made a'ailable incldin!

sanitary% plmbin!% draina!e% sewers% channels% water corses%

!tter% rainwater and soil pipes in% nder or pon any bildin!s

within the demised premises$

- TENANT8S RES5ONSIBILITIES AND OBLIGATIONS

1 &he &enant hereby accepts fll and sole responsibility for the

payment of all local rates% taxes% and char!es whether now existin!

of hereafter to be assessed on the occpier of the demisedpremises drin! the &enancy (eriod$

2 &he &enant shall be responsible for contractin! directly with the

7areta.er for rele'ant tility ser'ices pro'iders sch as water%

8ecrity% cleanin! of premises and electricity and shall be

responsible for the acconts of sch tility ser'ices consmed in or

abot the demised premises ntil termination of this &enancy

A!reement$ All conse/ences cased by delayin! or ne!li!ence of

payments of aforementioned expenses shall be the responsibility of

the &enant$

3 &he &enant nderta.es to maintain the demised premises in a !ood

condition and to retrn the demised premises in the same condition

pon &ermination Date in the same condition as the &enant recei'ed

from the Landlord at commencement date of the &enancy

A!reement%


6/10

&he &enancy shall notify the Landlord pon disco'ery of any

dama!es% defects or dan!eros conditions in and abot the

demised premises$

&he &enant shall reimbrse the Landlord for the cost of repairs to

the demised premises of dama!es cased by misse or ne!li!ence

of the &enant incldin! its employees% its !ests or in'itees% its

tenants )if any#% and its a!ents )if any# a!ainst the Demised

premises incldin! the facilities$ &hs any sch dama!es occr shall

be either +xed or repaired by the &enant at the &enant5s accont

prior to retrnin! the demised premises to the Landlord on the

&ermination Date$

6 &he &enant will not nderta.e any repairs that will alter the internal

strctre of the demised premises in anyway% withot the

Landlord5s written permission$

9 &he &enant shall se the demised premises for residential prposes

only

: &he &enant shall not se the demised premises for any nlawfl

prpose$

; &he &enant shall not ma.e any alterations or additions or

impro'ements to the demised premises withot the Landlord5s prior

written consent which consent shall not be nreasonably withheld$


7/10

10 >nless otherwise a!reed% the &enant shall not nder any

circmstances ha'e any claim of whatsoe'er natre a!ainst the

Landlord for any alterations% additions or impro'ements to the

Demised premises$

11 &he &enant shall ma.e no alteration or addition to the demised

premises withot the expressed consent of the Landlord in writin!$

Any +xtres installed by the &enant shall be at its own expense% and

if not remo'ed at the end of this A!reement termperiod% shall

become the property of the Landlord$

12 >pon the termination of this A!reement by whate'er reason% the &enant shall restore the demised premises% frnitre% +xtres and

other personal property to the ori!inal condition$


8/10

1 &he &enant shall comply with all applicable en'ironmental laws and

re/irements and shall not case% permit or allow the presence of

any ha@ardos sbstances in or abot the Demised premises in

'iolation of sch laws and re/irements% or in a manner which may

!i'e rise to liability for en'ironmental cleanp% dama!e to property%

or personal inry to the Landlord% other tenants in the Demised

premises or any other person$

16 Not to do or permit to be done any act or thin! which may be or

!row to be a nisance or distrbance to the Landlord or occpiers of

adoinin! demised premises$

19 &o maintain peace at all times% drin! the term herein !ranted with

other tenants in the Demised premises and ensre that its

employees and ser'ants also adhere to this co'enant

3 MAINTENANCE AND INS5ECTION

$1 &he Landlord shall be entitled to enter the Demised premises at all

reasonable times pon !i'in! at least : hors of its intention to doso either thro!h its representati'es or ser'ants or thro!h

contractors for the prpose of inspectin! the demised premises and

for carryin! ot any repairs or other wor. in respect of the demised

premises if it shold desire or need to do so$ &he Landlord5s

representati'es% a!ents or ser'ants will be !ided when doin! wor.

in the demised premises$


9/10

$2 Ninety );0# days prior to the expiration of this &enancy A!reement%

the Landlord shall be entitled to enter the demised premises% at the

reasonable times as a!reed with the &enant for the prpose of

permittin! 'iewin! of the Demised premises to other prospecti'e

Lessee5s and to place notices on the demised premises for the

prpose of sale or lettin!$

!. TRANSFER OF LEASE, SUBLETTING

&he &enant shall not assi!n or sblet this &enancy A!reement or any part

of it to any third party withot the Landlord5s written permission% which

permission shall not be nreasonably withheld$

9. LIABILITY AND LIMITATION OF LIABILITY

ither (arty shall ha'e a liability towards the other as a conse/ence of

the direct !ross ne!li!ent act or omission of the other (arty$

:. RENEWAL OF TENANCY

&he &enant shall !i'e notice of its intention to renew the tenancy if it sodesires at least 6 )8ix# months before the expiration of the term hereby!ranted by the Landlord and pro'ided there is no sbsistin! breach of any of the &enant5s co'enants andor obli!ations herein contained% theLandlord may !rant a B>C&,C &CM to the &enant sbect to sch rentand pon sch conditions as may be a!reed pon by the parties$


10/10

oth parties shall ha'e a ri!ht to terminate this A!reement with 6 months

notice in writin!$

SIGNED AND DELI4ERED BY THE within named

LANDLORD, MR. DOTUN OLUSOLA

in the presence ofE

Name FFFFFFFFFFFFFFFFFFFF$$

8i!natre F$FFFFFFFFFFFFFFFFFF

&itle FFFFFFFFFFFFFFFFFFFFFF$

DateFFFFFFFFFFFFFFFFFFFFFFF

SIGNED AND DELI4ERED BY THE within named

TENANT, MR. BANKOLE DOTUN OLUFEMI

"""""""""""""""""""""""""""""""""

in the presence ofE

Name FFFFFFFFFFFFFFFFFFFF$$

8i!natre F$FFFFFFFFFFFFFFFFFF

&itle FFFFFFFFFFFFFFFFFFFFFF$

DateFFFFFFFFFFFFFFFFFFFFFFF

tenancy - olufemi 2 bedroom

Documents