TENANCY AGREEMENT

BETWEEN

MR. ADELEKE ADEWALE JOSEPH

AND

MR. FRANKLYN AGBOMA

IN RESPECT OF TWO (2) BEDROOM(UPSTAIRS BACK) FLAT SITUATE

AND KNOWN AS NO 15 ANJORIN STREET, OFF OREMEJI BUS STOP
SHASHA
AKOWONJO, LAGOS STATE.

Blackgold Realty.
9 Afolabi Street, Alapere, Ketu, Lagos
08081969000, 09051488038
This Tenancy Agreement is made the …… day of …………………….....20……
BETWEEN
MR. ADELEKE ADEWALE JOSEPH of 32A, Gateway Crescent, Magodo Phase
1, Lagos State (hereinafter called “the LANDLORD” which expression wherever
the context so admits shall include his Heirs, Legal Personal Representatives
and Assigns) of the one part

AND

MR. FRANKLYN AGBOMA (hereinafter called “the TENANT” which expression

wherever the context so admits shall include his Heirs, Legal Personal
Representatives and Assigns) of the OTHER PART.

NOW THIS AGREEMENT WITNESSES as follows: -

In consideration of the RENT and TENANT’S covenants hereinafter reserved

and contained, the LANDLORD lets and the TENANT takes ALL THAT TWO
(2) BEDROOM FLAT in the Property situate and known as 15 Anjorin Street,
Off Oremeji Bus Stop close to Shasha Recreation park, Shasha Akowonjo,
Lagos State, (herein referred to as the “DEMISED PROPERTY”) for One and
half year certain, at the rate of N825,000.00 (Eight Hundred and Twenty
Five Thousand Naira) commencing from the ----- day of ---------------------,
20------ and to expire on the-------------- day of -----------------------, 20-----
having being paid before the execution of this Agreement (the RECEIPT of
which the LANDLORD hereby acknowledges).

THE TENANT HEREBY COVENANTS WITH THE LANDLORD AS FOLLOWS:

1. To pay the rent in the manner aforesaid.

2. To make a deposit of N60,000.00 (Sixty Thousand Naira) as caution fee,
the sum of which shall only be refundable if the TENANT leaves the
Premises without damaging anything within the Premises.
3. To pay to the Landlord service Charge in the sum of N75,000 (Seventy
Five Thousand Naira Only)being for one and half year, to hold in trust
for the maintenance of communal services and facilities which are limited
to Refuse Disposal and the Cleaning of compound, which fee is subject to
 review based on inflation, increase in cost of services by cleaning and
refuse disposal agents and further services provided in the future.
4. To use the Demised Premises for Residential Purpose only.
5. To bear, pay and discharge ALL BILLS with respect to electricity, water,
sanitation, security or any other bills and outgoings on the demised
premises which the tenant consumes or enjoys during the term hereby
granted.
6. To keep the demised premises clean, tidy and in good hygienic condition
at all times.
7. Not to permit fixtures & fittings or any property belonging to the Landlord
to be removed without the written consent of the Landlord and any
request for such consent shall specify the type of such goods or articles
sought to be removed.
8. Not to assign, subject or part with the possession of the demised
premises or any part thereof without prior consent of the Landlord in
writing provided that such consent will not to be unreasonably withheld
in the case of a reasonable and responsible person, firm, or company.
9. Not to cause or suffer to be done on the property or permit any guest
residing with the Tenant to commit any act of misconduct or do anything
which may be or become a source of nuisance, annoyance, scandal or
danger to the Landlord or occupiers of any adjoining premises including
acts of trespass on adjoining premises without due invitation of the
occupiers.
10.Not to store or bring upon the demised premises articles of an especially
combustible, inflammable, or dangerous nature and not to do or omit to
do anything in the demised premises which may in any way prejudice the
insurance on the property or cause an increase in the premium payable
thereof.
11.Not to loiter or allow guests to loiter on the common areas or do anything
that could constitute an obstruction to the right of way of other
occupiers.
12.Not to construct any additional structure like security shed or put any
container or any structure or the like on the demised premises or the
surroundings.
13.Not to remove the prepaid meter serving the demised premises.
14.Not to run electrical wires/cables or any other type of wire or cable to or
from the demised premises to adjoining premises.
15.To keep such parts of the surrounding of the demised premises as are
not built upon and in common usage in a proper and neat order and
condition and not to store anything thereon.
16.Not at any time during the term of tenancy, park or permit parking of
carts, bicycles or vehicles by your servants, visitors or agents or deposit
any materials of any kind to obstruct any roadway adjoining or forming
part of the demised premises or neighbor’s property.
17.Not to allow or accumulate waste upon the demised premises or to
discharge any wastes, water or effluent from any part or drain on the
demised premises into the sewers which has or may have an injurious
effect on the sewage in them or the said sewers or the local sewerage
disposal works or the water flowing through the sewers.
18.Not to overload or permit or suffer to be overloaded the floors, roofs or
any part of the demised premises or use or permit them to be used in any
manner which causes or might cause undue strain or interfere with
them.
19.Not to install or permit to be installed any industrial machinery or
industrial electrical equipment on the demised premises which is unduly
noisy or causes dangerous vibrations.
20.Rearing or keeping of any domestic animal, livestock and dangerous
animals are not allowed in the demised premises.
21. Not to cause or suffer to be carried on the demised premises any
criminal activity, illegal business or immoral activities forbidden in a
decent society.
22.Not to do or permit to be done any act or thing in or on the demised
premises which contravenes any Law or Acts of Government in force and
at all times hereafter to indemnify and keep indemnified the Landlord
against all actions, proceedings, costs, expenses, claims for damages or
claims in general in respect of any such matter or thing contravening any
of those provisions.
23.Not to make any alteration or addition to the demised premises or do any
redecoration or painting of the exterior of the demised premises without
the Landlord’s prior written consent (consent not to be withheld
unreasonably).
24.To allow the landlord or any duly authorized agent to carry out an
inspection of the installed facilities, fixtures and fittings in the demised
premises twice every year.
25.The Tenant shall not use, allow, or convert the demised premises for any
form of worship or religious activities save for normal, usual, or ordinary
quiet observance or performance of religious obligation by the occupants
of the demised premises.
26.To pay the charges and legal fees for the preparation and execution of
this Tenancy Agreement.
27.At the expiration or sooner determination of the term hereby granted to
peaceably yield up possession of the demised premises with the fitting,
fixtures, and equipment, to the Landlord with any additions and/or
improvements thereto (except the tenant personal effects & furniture) in
good, working and tenantable conditions with fair wear and tear
expected.
THE LANDLORD HEREBY COVENANTS WITH THE TENANT AS
FOLLOWS:
 1. That the Tenant paying the rent hereby reserved and performing and
observing the several covenants on his part herein contained shall
peaceably hold and enjoy the demised premises throughout the term
hereby granted without any interruption by the Landlord or any person
rightfully claiming under or in trust for him.
2. To ensure that the demised premises is structurally sound, wind and
watertight and all additions thereto and the drains, external pipes and
the boundary walls and fences in good repair and condition (willful
damage by the tenant excepted).
PROVIDED ALWAYS AND IT IS HEREBY MUTUALLY AGREED AS
FOLLOWS:
(i) That if any covenant on the part of the Tenant herein contained shall
not be performed then it shall be lawful for the Landlord at any time
thereafter to re-enter upon the demised premises or any part thereof
and thereupon this tenancy shall absolutely determine but without
prejudice to the right of action of the Landlord in respect of any
breach of the covenants on the part to the Tenant herein contained.
(ii) That the next rental value of the tenant after the expiration of the first
one and half year certain stated above and upon renewal will be
charged at N550,000 (Five Hundred and Fifty Thousand Naira).
(iii) That the rental value after the first renewal stated in (ii) above will be
subject to review upon subsequent renewal.
(iv) That the service charge per year is payable in advance with the rent.
(v) Where either party is desirous of terminating the tenancy for any
reason whatsoever (except for default in payment of rent when the
provision of clause (i) above shall apply) one (1) month notice in
writing before the expiration of the term hereby granted shall be given
(vi) That failure of the Landlord to insist upon the strict performance of
any of the terms, conditions, and covenants on the part of the Tenant
herein contained shall NOT be construed to be a waiver of any right or
 remedies that the Landlord may have against the Tenant and shall
NOT be or be deemed a waiver or condition of any subsequent breach
of the tenancy in the performance of any of the terms, conditions or
covenants on its part herein contained.
(vii) That all notices required to be given to the Tenant under the terms of
this tenancy shall be sufficiently served if left on the demised
premises or sent to the registered address of the Tenant as given in
this tenancy or serve on any agent authorized by him to receive the
same.
(viii) That this tenancy shall be for a term of One and half year specified
above and shall formally terminate on the last day of this tenancy.
(ix) That if the TENANT is desirous of renewing the term hereby granted,
he shall before the expiration of the term hereby granted give not less
than ONE (1) calendar Month written notice thereof in advance to the
LANDLORD who shall be at liberty to grant or otherwise the renewal,
and if granted, it shall be subject to such new terms, payment of rent
for the new rental year, covenants and conditions as may be agreed to
by the parties hereto.
(x) If no intention to renew the tenancy is indicated within the period of
One (1) Month to the expiration of the term created herein, Notice to
Quit under this agreement shall not be necessary at the expiration of
the certain term herein granted and if peaceful possession is not given
by the Tenants, the Notice of Owner’s intention to Recover Possession
shall be valid and sufficient notice and the Tenants shall be
responsible for the legal cost of eviction therefrom.
IN WITNESS WHERE OF the parties have hereunto set their respective hands
the day and year first above written.

SIGNED, SEALED AND DELIVERED

By the LANDLORD MR. ADELEKE ADEWALE JOSEPH
__________________________

IN THE PRESENCE OF:

Name:

Occupation:

Address:

Signature:

SIGNED, SEALED AND DELIVERED

By the TENANT MR. FRANKLYN AGBOMA

__________________________

IN THE PRESENCE OF:

Name:

Occupation:

Address:

Signature: