THIS TENANCY AGREEMENT is made the ………….

Day of ……………………, 2024

TENANCY AGREEMENT

BETWEEN

MR. OLUWOLE ADEBISI

(LANDLORD)

AND

MR. IROMINI BABATUNDE SOLOMON

(TENANT)

++++++++++++++++++++++++++++++++++++++++++++++++++

RENT OF THE TWO (2) BEDROOM FLAT LOCATED AT 16, DIRAN ALAKE CLOSE,
SHOGUNLE, LAGOS STATE.

Prepared by:

ADEMOLA EKUNDAYO ESQ.

HILL CITY ASSOCIATES
LEGAL PRACTITIONERS & PROPERTY CONSULTANT
13, Soji Adepegba Close, Just Unique Plaza, Off Allen, Ikeja, Lagos
Telephone No: 08033238795, 09093302135
Email: hillcityassociates@yahoo.com

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THIS TENANCY AGREEMENT (“Agreement”) is made this ____ day of __________ 2024

BETWEEN

MR. OLUWOLE ADEBISI of 16, Diran Alake Close, Shogunle, Lagos State,
(hereinafter referred to as the “Landlord”) which expression shall where the context
so requires include their heirs, assigns, executors, administrators and personal
representatives of the one part.

AND

MR. IROMINI BABATUNDE SOLOMON of 16, Diran Alake Close, Shogunle,

Lagos State, (hereinafter referred to as the “Tenant”) which expression shall where
the context so requires include his heirs, assigns, executors, personal representatives
and successors-in-title of the other part.

WHEREAS:

1. The Landlord is the owner of the TWO (2) BEDROOM FLAT LOCATED AT 16,
DIRAN ALAKE CLOSE, SHOGUNLE, LAGOS STATE.

2. This Tenancy shall be for ONE YEAR CERTAIN.

3. The annual rent shall be Eight Hundred and Fifty Thousand Naira (N, 850,
000.00) Naira Only.

4. The tenant shall pay the sum of Eight Hundred and Fifty Thousand Naira (N,
850, 000.00) Naira Only for ONE YEAR RENT CERTAIN, of which the rent
commences from 27th day of May, 2024 to the 26th day of May, 2025 which is
subject to renewal.

NOW THIS AGREEMENT WITNESSES AS FOLLOWS:

In consideration of the rent and of the covenants and conditions on the part of the
Tenant to be performed and observed, the Landlord hereby grants unto the Tenant
the Demised Premises To Hold same for a term of One year commencing from the 27 th

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 day of May, 2024 to the 26 th day of May, 2025. Having received from the Tenant a rent
in the sum of, Eight Hundred and Fifty Thousand Naira (N, 850, 000.00) Naira Only.

THE TENANT COVENANTS WITH THE LANDLORD AS FOLLOWS:

(i) To pay the rent reserved or reviewed on the day and in the manner
hereinbefore stipulated.

(ii) To always pay the rent hereby reserved in a lumpsum (i.e yearly payment),
payment of rent in installment is NOT acceptable.

(iii) To use demised premises for Residential purpose only.

(iv) To pay the relevant bills regarding electricity consumed in the Demised
Premises during the term hereby granted.

(v) To pay all charges, rates and bills with respect to security, general cleaning
and all utilities on the Demised Premises throughout the duration of the
tenancy.

(vi) To be responsible for dislodging septic tank, repairs/replacement of water

pumps and clearance of drains in conjunction with other occupants.

(vii) To keep the interior and exterior of the Demised Premises in good and
tenantable repair and condition during the tenancy and if needed, to paint
the Demised Premises upon giving up possession, (fair wear and tear
excepted).

(viii) To keep the fixtures and fittings, and other properties of the Landlord
within the Demised Premises in good and serviceable condition (reasonable
wear and tear excepted).

(ix) To replace all missing, broken or damaged fittings and fixtures at the
expiration or termination of the term hereby granted or further settlement
as agreed upon.

(x) Not to make or permit to be made any structural alteration in or addition to

the Demised Premises or any part thereof without the prior written consent
of the Landlord or his agent(s).

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 (xi) That where the tenant intends to fix Air conditioners in the apartment, split
unit Air Conditioners are the only acceptable form of Air Conditioners

(xii) Not to use the Demised Premises for any illegal purposes or permit it to be
used for any illegal purposes and not to do or suffer any act or thing
whereby other tenants or the occupiers of adjoining properties or neighbors
may be inconvenienced or disturbed.

(xiii) In the event of the demised premises or any part thereof at any time during
the term herein created being damaged or destroyed by fire, explosion or
damage done or arising out of the negligence or storage of inflammable
commodity or during any structural adjustment being carried out by the
tenant, the tenant shall be solely responsible for the restoration of the
demised premises and or the affected parts of the building to its original
condition, and the landlord shall NOT be obliged to contribute in any way to
the cost of effecting such repairs or restoration or rectification .

(xiv) That the landlord will be at liberty to terminate with immediate effect this
tenancy where the tenant conducts himself in an unruly, wild, and rowdy
manner or is found to be in the habit of causing frequent unrest,
disturbance, and conflict in the subject property and or fails to co-operate
fully with other occupants of the property.

(xv) To permit the landlord or their duly authorized servants, agents, or

workmen to enter upon the demised premises at a minimum of 48 hours of
notice during the said term and on reasonable notice, to allow for
examination of the state and condition of the demised premises and effect
repairs or improvements where necessary. That the landlord will NOT be
responsible for whatever cost the tenant may incure in effecting any
modifications on the demised premises.

(xvi) That where the tenant vacates the demised property before the expiration
of the term herein granted, NO refund of unexpired rent shall be made to
the tenant.

(xvii) At the expiration of the current tenancy, the landlord will be at liberty to
either refuse or renew the tenancy.

(xviii) That the tenant will only be entitled to one month notice to quit and
deliver possession of the property if at the expiration of the tenancy no
further term is granted.

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 (xix) That No modification(s) will be effected on the demised property without
the landlord or their Agent’s written approval.

(xx) The tenant will NOT make any monetary demand on the landlord for any
expenses incurred in altering the demised property.

(xxi) To give up possession of the property peacefully without force or legal

battles

(xxii) That a breach of any of the clauses above shall give the landlord/his Agent
the right to determine the tenancy with three months’ notice

(xxiii) To pay the solicitor’s fee for the preparation and engrossment of this
agreement.

THE LANDLORD HEREBY COVENANTS WITH THE TENANT AS FOLLOWS:

(I) That the Tenant paying the rent and observing and performing his
obligations herein contained, shall peaceably and quietly hold and enjoy the
Demised Premises during the term hereby created without any interruption
from the Landlord or any person lawfully claiming under or in trust for him.

(II) To effect and carry out any minor repairs which may at any time be
necessary by reason of any structural defect in the Demised Premises,
excluding any structural defect occasioned by the renovation of Tenant.

PROVIDED ALWAYS AND IT IS EXPRESSLY AGREED AS FOLLOWS:

(i) If any agreement on the part of the Tenant herein contained is not
performed or observed and if the Tenant does not apply, either orally, in
writing, or by payment of his rent to renew his tenancy, then and in any
of the said cases, it shall be lawful for the Landlord at any time
thereafter to re-enter upon the premises or any part thereof in the
name of the whole and thereupon the tenancy agreement shall
determine, but without prejudice to the right of action of the landlord
in respect of any breach of the agreement on the part of the tenant
herein contained.

(ii) In the event of renewal of the tenancy, the same terms as contained
herein shall be binding on the parties.

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IN WITNESS WHEREOF the Parties have hereunto set their hands the day, month, and
year first above written.

SIGNED BY THE WITHIN-NAMED LANDLORD

MR. OLUWOLE ADEBISI _________________________

In the presence of:

Name: ________________________________

Address: ______________________________

Occupation: ___________________________

Signature/Date: ________________________

SIGNED FOR AND ON BEHALF OF THE WITHIN NAMED (TENANT)

MR. IROMINI BABATUNDE SOLOMON ____________________________

In the presence of:

Name: ________________________________

Address: ______________________________

Occupation: ___________________________

Signature/Date: ________________________

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