TENANCY AGREEMENT

BETWEEN

ETIOBHIO EROMOSELE PIUS

(LANDLORD)

AND

MR. ODEME AKPOKINIVO

(TENANT)

________________________
Prepared by: Samuel Udonne (Esq)

C.S UDONNE (ESQ) AND ASSOCIATES

Barristers, Solicitors, Real Estate Consultants, Property and Asset Management Consultants
Executive Suite, Gran Melia Hotels & Apartments, Km 43, Lagos Epe Expressway, Opposite Lagos
Business School, Lagos State
Tel: +2348141132876
Email: Samueludonne@yahoo.com, Sammyvlaar@gmail.com

____________________________________________________________________________________
IN RESPECT OF ALL A UNIT OF FIVE BEDROOM DUPLEX WITH ONE ROOM BOY’S QUARTERS
LOCATED AT NO. 5 PRIMERO NICON ESTATE, NICON TOWN, LEKKI PENINSULA LAGOS STATE.
THIS TENANCY AGREEMENT IS MADE THIS ______ DAY OF _______ 2023

BETWEEN
ETIOBHIO EROMOSELE PIUS of No 4, Oremeji Taylaw Close, Agric, Ikorodu Lagos State
(hereinafter referred to as the “LANDLORD” which expression shall where the context so admits
include his heirs, agents, successors-in-title, executors and assigns) of the other part.

AND
MR. ODEME AKPOKINIVO of NO. 5 PRIMERO NICON ESTATE, NICON TOWN, LEKKI
PENINSULA LAGOS STATE (hereinafter referred to as the “THE TENANT” which expression shall
where the context so admits include his heirs, agents, successors-in-title, executors and assigns) of the
other part.

WHEREAS

a) The Landlord is desirous of letting all that Five Bedroom Duplex with One Room Boy’s Quarters
Located at No. 5 Primero Nicon Estate, Nicon Town, Lekki Peninsula Lagos State. The Tenant
agrees to take the property for a year certain commencing from the 1 st day of July 2023 and
terminating on the 30th day of June 2024, (both days inclusive).

b) Upon the execution of this Agreement, the Landlord agrees to grant, and the Tenant agrees to take the
premises for a term of 1 year certain.

c) Both parties have agreed to be bound by the terms herein contained in this Agreement.

1. COMMENCEMENT
This Agreement is deemed to have commenced upon the above commencement date.

2. NOW THIS TENANCY WITNESSES as follows:

That in furtherance of this Agreement and of the rent hereby reserved and the conditions, covenants
and provisions on the part of the Tenant hereinafter contained, the Landlord lets to the Tenant the
“Five Bedroom Duplex with One Room Boy’s Quarters Located at No. 5 Primero Nicon Estate,
Nicon Town, Lekki Peninsula Lagos State (hereinafter referred to as the “Demised Property”) TO
HOLD the same unto the Tenant for One (1) Year certain commencing from the 1st day of July 2023
and terminating on the 30th day of June 2024 at a rent of N11,000,000 (Eleven Million Naira only).
Receipt of the said twelve months rent in advance is the sum of N11,000,000 (Eleven Million Naira
only) net of all taxes is hereby acknowledged. The rents paid herein are not refundable.

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1. THE TENANT COVENANTS WITH THE LANDLORD AS FOLLOWS:

THE TENANT for himself, his heirs, agents, successors-in-title, executors and assigns and with
intent that the obligation and agreements shall continue throughout the term granted, hereby
covenants with the Landlord as follows:

a) To pay the reserved rent on the day and in the manner as provided under this Agreement which
shall for the avoidance of doubt be payable in advance.

b) To pay immediately from occupation until vacation from the premises, all property ,estate
management fee Annually or Monthly as the case may be, Caution fee, and improvement rates
chargeable on the Demised Property particularly or any other charges chargeable by the
management of the estate either personally or in proportion with other residents of the estate and
to indemnify the Landlord if called upon by any competent authority or the estate management to
do so on the Tenant’s behalf by reason of the Tenant’s failure to pay same on demand. Provided
that these payments shall be covered by the service charge fee to be paid by the Tenant.

c) Except as provided under the Law, to pay any rates payable (by tenants of similar properties) now
or in the future as levied by the Federal, State or Local authorities; or the estate management on
the Demised Property during the term hereby created. Provided however that the Tenant is
obligated to pay only those taxes and rates which are levied after the effective date of this
Agreement as the Landlord warrants that all prior taxes, dues and charges have been paid.

d) To comply with the environmental sanitation Laws, Rules and Regulations of the Federal, State,
Local Government and other authorities, including but not limited to the estate management, in
the use of the Demised Property and to be liable for any failure thereof.

e) To keep the interior of the Demised Property, all fittings and fixtures therein in good and
tenantable condition (fair wear and tear expected).

f) To use the fixtures and fittings in the entire building in a reasonable and tenantable manner and to
be responsible for the replacement (with the same quality or higher) or repair to its original state
(including painting of the interior walls) of all missing items and damage and defects caused by
the Tenant, his servants or agents, excepting those due to ordinary wear and tear.

g) The tenant confirms and agrees that the assets (fixtures and fittings) located in the building are
the assets in the building at the time he obtained possession of the Demised Property from the
Landlord and/or its agents.

h) To use the Demised Property for residential purposes only and not for any other purpose
whatsoever.

i) Not to use or permit the use of the Demised Property or any part thereof for political or religious
purpose.

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j) Not to do or permit to be done on the Demised Property or any part thereof any act or thing which
is or may become a nuisance and cause annoyance or inconvenience to the other residents, and/or
occupants of the adjacent, opposite and/or neighbouring premises.

k) Not to use any part of the Demised Property for illegal purpose; or for any noisy, offensive,
injurious or dangerous activity or occupation and not to permit overcrowding of the Demised
Property at any time whatsoever.

l) Not to use the Demised Property for any activity or purpose that is illegal under any applicable
law in Nigeria.

m) Not to make any structural alterations in or additions to the Demised Property without first
obtaining the prior written consent/approval of the Landlord or his agent/solicitor. Where such
consent is given by the Landlord, it is understood that the alterations shall be at the expense of the
Tenant and would not be removed at the end of the tenancy.

n) To inform the Landlord or his agent of any structural repairs which may be required to be done
by the Landlord immediately any such damage or malfunction is discovered by the Tenant and
for this purpose, allow the Landlord, his servants, workmen, agents or contractors employed by
him access into the Demised Property for the purpose of carrying out repairs.

o) Not to assign, sublet, or part with the possession of the whole or any part of the Demised
Property.

p) Not to throw trash or waste around the compound space, but at designated outlets which the
Tenant will provide for himself or as provided by the management of the estate.

q) To ensure that the surroundings and aesthetics of the compound are maintained as directed by the
estate management.

r) Where applicable, to allow any fumigation and pest control company engaged by the
management of the estate access into the premises for the sole purpose of fumigating the premises
in accordance with the estate rules and regulations.

s) To live in harmony with the other residents/occupants of neighboring properties) and the estate;
and promptly make payment for service charge whenever requested by the property managers
towards the engagement/payment of the services of security personnel, estate cleaners and any
other services the estate may deem necessary to procure a habitable environment.

t) To permit the Landlord and /or his servants or agents or workmen on receipt of due notice of at
least Three days to enter upon the Demised Property at all reasonable times to confirm that the
covenants on the part of the Tenant herein contained are being observed or performed; and also, if
and when the Landlord intends to execute any repairs on the Demised Property in accordance
with the warrants herein contained.

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u) Not to use or permit the use of the Demised Property or any part thereof for social engagements
or events other than the personal and/or family event of the Tenant. Provided that the use of any
common area of the Demised Property for such event/ ceremony must be in accordance with the
rules and regulations of the estate and after obtaining the consent of the property managers.

v) The Tenant unequivocally agrees to pay all utility bills, these fees include and are not limited to
utility charges, service charge, water and light/Electricity bill charges, penalties and fines set by
the Estate management Team for the benefit of the estate, these payments shall be prompt and
made within the payment period designated by the estate management Team.

w) The Tenant permits that he be cut off or disconnected from enjoying basic services, amenities
and utilities: Water, Light/Electricity Bill by the Estate management Team when he is in default
of payment or indebted by virtue of his refusal to settle any invoice or payment for these basic
services.

x) At the expiration or sooner determination of the tenancy term hereby granted, the Tenant shall
peaceably surrender and yield up possession (to the Landlord or its agent) of the Demised
Property with additions thereto (except for Tenant’s fixtures which can be removed without
damaging the premises) in good decorative repair and tenantable condition, fair wear and tear
excepted and to restore the property to its original state (including painting of the walls) after
removal of any fixtures (except permanent fixtures) made during the tenancy. At the end of the
tenancy, prior to the delivery of the demised property to the Landlord, the Tenant shall
conduct all repairs, including Plumbing, Electrical, Carpentry, etc repairs on the demised
property and paint the entire demised property a fresh so as to bring the demised property
to the state same was delivered to the Tenant at the commencement of the tenancy.

y) The Tenant agrees that upon default of payment for a period of seven (7) days after the payment
due date and demand made on the Tenant, or breach of any material covenant of this Agreement
or the Manual, the Landlord reserves the right to re-enter the Demised Property and take
possession from the Tenant without further notice.

z) Not to engage in any act that will result in the removal/disconnection of any asset from the
Demised Property by the management of the estate. The Tenant agrees that if his action results in
such removal or disconnection (as the case may be), he shall be liable to pay for the cost of
replacement or any other cost whatsoever associated with such removal or disconnection.

2. THE LANDLORD COVENANTS WITH THE TENANT AS FOLLOWS:

a) That the Tenant having paid the rent hereby reserved and observing and performing the covenants
on his part herein contained shall peaceably hold and enjoy the Demised Property without
disturbance or interference by or from the Landlord or any person or persons lawfully claiming
through him or on his behalf.

b) At the expiration of the term hereby granted or for any further term, permit the Tenant to remove
his fixtures from the Demised Property thereby.

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3. PROVIDED ALWAYS AND IT IS HEREBY EXPRESSLY AGREED AS FOLLOWS:

a) That the Tenant shall be responsible for the repairs, (including painting of the interior walls) of
any damage to the Demised Property caused by himself, his legal or personal representative,
assignees, agents and servants and shall repay the Landlord the full cost of such repairs if by
reason of his delay to undertake same the Landlord does so himself.

b) The tenancy ceases automatically at the expiration of this Agreement and the Landlord is under
no obligation to renew the tenancy and shall be entitled to proceed to take possession of the said
property after giving the Tenant a seven (7) days’ notice of intention to recover possession.

c) If the Tenant is desirous of continuing in occupation of the Demised Property after the term of
this Agreement, he shall give the Landlord notice of such desire in writing at least three (3)
months before the expiration of this Agreement. Provided it is understood that the Landlord is
under no obligation to extend the tenancy; the Landlord reserves the right to refuse the Tenant’s
request due to breach of any covenant(s) contained in this Agreement. Where a new term is
granted, it shall be on the same terms and conditions contained in this Agreement except in
respect of rent and term certain.

d) That the tenancy is renewable at the discretion of the Landlord and upon a satisfactory occupation
by the Tenant.

e) The Tenant agrees that at the expiration of the twelve months term certain the Landlord reserves
the right, after receipt of the three (3) months’ notice by the Tenant pursuant to Clause 5(c) and
upon the Landlord’s acceptance of request for renewal, to review the rent payable for the any
stipulated time so desired.

f) That each party covenants that they have read and understood this Agreement before executing
same.

4. SEVERABILITY:

If any provision of this Agreement is prohibited by law or adjudged by a court to be unlawful,

void or unenforceable, the provision shall, to the extent required, be severed from this Agreement
and rendered ineffective as far as possible without modifying the remaining provisions of the
Agreement and shall not in any way affect any other circumstances of or the validity or
enforcement of this Agreement.

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 5. NOTICES

a) All notices and other communication to the Tenant shall be in writing and shall be deemed
sufficiently given if it is delivered by hand to the Tenant or it is sent by courier or it is pasted on
the gate of the Demised Property after an attempt to deliver by hand fails or where the Tenant
fails to acknowledge receipt. Such notice may in addition to physical delivery, be sent by email or
short message service (SMS) (text message).

b) The Landlords, email address and/or phone number(s) for the purposes of notices issued pursuant
to this Agreement, subject to any subsequent revisions, are as follows:

Name:
Address:
Email:
Phone:

c) For the avoidance of any doubt, the email address and phone number are the recognized means
for disseminating necessary information.

6. COST OF LITIGATION

Where the Tenant fails to vacate the Demised Property upon the determination of the tenancy or
after a vacation notice had been issued and the Landlord approaches the court for a determination,
the Tenant shall be responsible for all the legal cost including but not limited to filing fees and
professional fees expended by the Landlord to obtain a judgment against the Tenant.

7. COUNTER PARTS

This Agreement (and any amendment or modification in respect hereof) may be executed and
delivered in counterparts, each of which will be deemed an original.

8. GOVERNING LAW:

This Agreement and any questions or disputes arising out of or relating to its existence, validity
or terminated shall be subject, governed by and construed in accordance with the Laws of the
Federal Republic of Nigeria.

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This Tenancy Agreement is hereby executed by the parties (Landlord and Tenant) by appending their
signatures to same.

SIGNED
By the within named Landlord

___________________________________
ETIOBHIO EROMOSELE PIUS
In the presence of:

Name: ............................................................................................................
Address: .........................................................................................................
Occupation: ....................................................................................................
Signature: ......................................................................................................

SIGNED
By the within named Tenant,

_________________________________
MR. ODEME AKPOKINIVO
In the presence of:

Name: ___________________________________________________________

Address:_________________________________________________________

Occupation:______________________________________________________

Signature:________________________________________________________