Back to Insights
Legal

Essential Clauses for Nigerian Lease Agreements

Protect yourself and your property with these must-have lease agreement provisions.

Flisters Team
28 December 2023
7 min read

Introduction


A well-drafted lease agreement protects both landlord and tenant. Here are the essential clauses every Nigerian lease should include.


Must-Have Clauses


1. Parties and Property Details

  • Full legal names
  • Property address and description
  • Unit number (if applicable)

  • 2. Rent Terms

  • Amount in Naira
  • Payment frequency (annual/biannual)
  • Due date
  • Acceptable payment methods
  • Late payment penalties

  • 3. Security Deposit

  • Amount (typically 3-6 months)
  • Conditions for return
  • Allowable deductions

  • 4. Tenancy Duration

  • Start and end dates
  • Renewal terms
  • Notice requirements

  • 5. Maintenance Responsibilities

  • Landlord obligations
  • Tenant obligations
  • Reporting procedures

  • 6. Use Restrictions

  • Residential vs. commercial use
  • Subletting rules
  • Modification restrictions

  • 7. Termination Conditions

  • Notice period required
  • Early termination penalties
  • Grounds for eviction

  • 8. Utilities

  • Which utilities are included
  • Responsibility for bills
  • Meter reading procedures

  • Legal Compliance


    Ensure your agreement complies with:

  • Tenancy Law of your state
  • Land Use Act
  • Recovery of Premises Act

  • Professional Advice


    Consider having a lawyer review your lease, especially for high-value properties.



    Manage leases digitally with Flisters. [Get started](/register).


    Share this article:

    Related Articles

    Rent Collection
    Learn proven strategies to improve your rent collection rate and reduce late payments from tenants.
    15 Jan 20248 min read
    Tenant Management
    How to properly vet potential tenants and reduce the risk of problematic tenancies.
    10 Jan 20246 min read
    Maintenance
    Preventive maintenance strategies that protect your investment and keep tenants happy.
    5 Jan 20245 min read

    Ready to Streamline Your Property Management?

    Join hundreds of Nigerian property managers using Flisters to automate rent collection and tenant communication.

    Start Free Trial