TENANCY AGREEMENT

…..APRIL, 2024

RESIDENTIAL LEASE AGREEMENT

THIS TENANCY AGREEMENT is made this

day,
……………………………………………….………………………………………………
…….
Between MR ERNEST EZE CHINEDU of East Legon Accra -Ghana
(hereinafter called “The Landlord” which expression shall where the context so
requires or admits include their heirs, successors, personal representatives
and assigns) of the one part; and

MS MAXINE REINDORF-PARTEY of 4B Lagoon Close, Tse Addo,

Accra-Ghana (hereinafter called “the Tenant” which expression shall where
the context so requires or admits include their heirs, successors,
personal representatives and assigns) of the other part.

WHEREBY IT IS AGREED AS FOLLOWS:

● The Landlord hereby lets and the Tenant TAKES A TWO BEDROOM self-contained
apartment and all its part-furnishing (kitchen) with air conditioners in all rooms and kitchen
as well as a washing machine in Building A (Specifically, Apartment A2) situated at East
Airport, 3 minutes drive from the Palace Mall, Nii Martey Tsuru

● In consideration thereof, the Tenant shall pay a rent of Eight Hundred United States
Dollars (US$800.00) only per month for 6 months or in Ghana Cedis at a rate as shall be
agreed between the parties, totaling Four Thousand, Eight Hundred United States Dollars
(US$4,800.00) only payable in advance for the agreed rental period which shall be
renewable at the beginning of every other six months.

● The Tenant shall pay a service charge of One Thousand US Dollars (USD1,000.00)
yearly or in Ghana Cedis at an exchange rate as shall be agreed between the parties at time
of payment, which covers the shared resources or amenities, namely; pool, gardening,
outside lighting, garbage as well as security. This amount shall be paid quarterly within each
six (6) month period.

● That Tenant shall pay a refundable security deposit of One month’s rent to cater for
unforeseen circumstances after the expiry of tenancy as well as when tenant
 decides to vacate the premises. If the estimate for damages is more than
the security deposit, Tenant shall be required to top-up.

The Tenant hereby covenants with the Landlord

as follows:

● To pay the reserved rent at the time and in the manner aforesaid.

● To permit the Landlord and his agent together where necessary, after sufficient
prior notice with workmen and appliances at all reasonable time to enter upon the Property
to inspect and execute repairs as and when the need arises (in cases where it is the
responsibility of the Landlord).

● The Landlord may enter, inspect and/or repair the premises at any time in case of
emergency with prior notice to Tenant, or in case of suspected abandonment.
Abandonment is defined as the absence of the Tenants at the premises for a period of over
one month without any prior notice to the Landlords, and a complete lack of
communication from the Tenants during the period of absence from the premises.

● The Landlord shall give at least 72 hours advance notice and may enter for the
purpose of showing the premises during normal business hours to prospective renters,
and/or for normal inspections and repairs. The Landlord is permitted to make all alterations,
repairs and maintenance that in the Landlords’ judgment is necessary to perform, upon
informing Tenants of the same.

● Not to assign, transfer, sublet or part with the possession of the Property or any
part thereof.

● Not to alter or improve the main structure of the Property without the prior written
consent of the Landlord.

● Not to keep any dogs or other such pets on or about the premises without obtaining
the prior consent and meeting the requirements of the Landlord. Not to create or allow in or
on the Property any act or thing which shall be a nuisance, annoyance, disturbance or
inconvenience to the Landlord or to owners or occupiers of adjoining property.

● At the expiration or sooner determination of the term hereby granted, yield up the
Property and all its furnishing, fixtures and fittings in good and tenable state of repair and
condition as it was when Tenant moved-in.

● To give Landlord not less than a month’s notice should the tenant want to vacate
the apartment before rent expires. In addition, Tenant must give Landlord not less than two
months notice before the expiration of the current tenancy in case Tenant would want to
renew for another term
 The Landlord hereby covenant with the Tenants
as follows:

● Tenant paying the rent hereby reserved and observing and performing the
covenants on their part herein contained shall and may peaceably and quietly possess and
enjoy the property during the term hereby created and for any renewed term without any
interruption by the Landlord or any person or group of persons rightly claiming under or in
trust for them.

● To bear and discharge all existing and future rates and assessments, taxes, duties,
imposition, service charge, outgoings of whatever nature imposed by law on the Landlord as
the owner of the Property except such outgoing that the Tenant have covenanted or obliged
to pay per this Agreement namely, water, electricity, internet services and any other
services that tenant would like to have for his or her comfort.

● Bear, discharge and pay all existing and future rates, taxes, assessments, duties and
impositions including property tax and outgoing imposed on or charged on the owner in
respect of the premises.

● To keep the structure and external walls of the premises in good and substantial
state of repair.

● With their prior knowledge and consent, to allow the Tenant, at his / her own
expense to install such electrical appliances and any other appliances as the Tenant may
require and to remove the same upon the termination of this Agreement making necessary
repairs for all damage caused by such installation or removal of such appliances.

PROVIDED ALWAYS and it is hereby agreed that:

● If the rent hereby reserved or any part thereof shall not be paid for one calendar
month after becoming payable whether demanded or not it shall be lawful for the Landlord
at any time thereof and thereupon determine the tenancy absolutely terminated but
without prejudice to any remedy the Landlord may have against the Tenant.

● Any notice required to be served herein under shall be sufficient if served on the
Tenant at the Property or sent by registered post to the last known postal address or abode, or
on the Landlord if delivered to the last known place of abode or sent by registered post to the
registered address or delivered

● An inventory of the content of the Property and details of the main fixture and
fittings handed over to the Tenant shall be attached as a schedule. At the end of the
tenancy, a similar inventory shall be taken and the Tenant shall make the necessary repairs
for all damages to the Property and fixtures(if any).
● The Tenant acknowledges that the Landlords’ insurance does not cover personal
property damage caused by fire, theft, rain, war, acts of God, acts of others, and/or any
other causes, and hence the Landlords shall not be held liable for such losses. Tenant is
hereby advised to obtain his/her own insurance to cover any personal losses.

● The Property shall be considered vacated only after all areas are clear of all of the
Tenants’ belongings, and keys and other property furnished for the Tenants’ use are
returned to the Landlord. Should the Tenant hold over beyond the termination date or fail
to vacate all possessions on or before the termination date, the Tenant shall be liable for
additional rent and damages which may include damages due to Landlord’s loss of
prospective new renters.

● The Tenant shall have separate meters for Water and Electricity and shall be
responsible for recharging and payment of the utility bills per usage.

● If any covenant on the Tenants’ part herein contained shall not be performed
after notice of the non-performance or non- observance has been given to but
not acted on by the Tenant, then in any of the said cases it shall be lawful for
the Landlord at any time thereafter to re-enter the Property or any part thereof
in the name of the whole in accordance with the provisions of the Rent Act and
other applicable legislation and thereupon the agreement shall absolutely
determine, but without prejudice to any right of action, any claim which the
Landlord may have against the Tenant hereunder.

● Any waiver by the Landlord of any breach of any term of this Agreement by the
Tenant shall not constitute a waiver of subsequent breaches. Failure to require compliance
or to exercise any right shall not be constituted as a waiver by the Landlord of said term,
condition, and/or right, and shall not affect the validity or enforce-ability of any provision of
this Agreement.

● The undersigned Tenant is responsible and liable for all obligations under this
Agreement.
IN WITNESS WHEREOF, the parties hereto have executed this
Tenancy Agreement the day and year first above written.

SIGNED BY THE WITHIN-NAMED WITNESSES

…………………………………… ……………………….
Owner/Property Manager/

SIGNED BY THE WITHIN-NAMED

…………………………………… ……………………… NadiaAdjeisawh

Tenant / Agent

USD Account Details

Name: ERNEST CHINEDU EZE

Account No. : 225104693220
Bank: GUARANTY TRUST BANK
Bank Address: 25A AMBASSADORIAL AREA, RIDGE-ACCRA
Branch: HAATSO
Branch Code: 225
Swift: GTBIGHAC