TENANCY AGREEMENT

BETWEEN

MRS EUNICE OJEABULU

(LANDLADY)

AND

MR. NEWTON O. OJO

(TENANT)

IN RESPECT OF A ONE BEDROOM APARTMENT SITUATED AT NO. 60,

CORNER STONE STREET, EWU-OLIWO, GINTI, IKORODU,
LAGOS STATE, NIGERIA.
 THIS TENANCY AGREEMENT made the 15th day of March, 2022
BETWEEN

MRS EUNICE OJEABULU of No. 7, Muyibi Street, Ogba, Ikeja, Lagos State,
Nigeria (hereinafter called the “LANDLADY” which expression shall where the
context so admit include its personal representatives, successors-in-title and assigns)
of the one part.

AND

MR. NEWTON O. OJO of EKEHUAN BARRACKS BENIN CITY Edo State, (hereinafter
called the “TENANT” which expression shall where the context so admit include his
heirs, personal representatives, successors-in-title and assigns) of the one part.

WITNESS AS FOLLOWS:
In consideration of the rent and the Tenant’s covenants hereinafter reserved and
contained the Landlord hereby agrees to let and the Tenant has agreed to take one
bedroom apartment situated at No. 60, Corner Stone Street, Ewu-Oliwo, Ginti,
Ikorodu, Lagos State, Nigeria (Hereinafter referred to as “the Demised Premises”)
with appurtenances thereto for a period of One year commencing from the 15th March,
20202to 14th March, 2023 YIELDING AND PAYING therefore during the said term
the rent of N180,000.00 (One Hundred and eighty Thousand Naira)
1. THE
only T ENAN
per T
annum
covena nts with
the receipt the L
whereof andlord
the asy’s
Landlad representative hereby
follows:-
i. To pay the subsequent rents annually.
acknowledges.

ii. To use the premises for residential purpose only and NOT carry on
thereof any trade or business or any illegal acts.
iii. To pay for electricity consumed in the premises and any other township
or government charges/rates that may be imposed on the occupants of the
premises.
iv. To pay the cost of maintaining water system, security, cleaning, refused
disposal and dislodging of septic tanks/soakaway pits in the premises.
 v. To maintain the Interior of the Apartment and the fittings wherein in
good state of repair and condition and to redecorate internally at the
termination of the tenancy.
vi. To use the premises and the fittings in a reasonable and tenantable
manner and be responsible for all missing items and defects caused by
the tenant or his servants excepting those due to ordinary wear and tear.
vii. Not to commit any nuisance, cause quarrel or carry out any offensive or
illegal trade or materials in the premises.
viii. Not to keep any domestic animals in the premises e.g. fowl, cat, etc.
ix. Not to make or allow to be made any structural alteration or addition to
the demised premises without the previous consent in writing to the
Landlady, such consent not to be unreasonably withheld or delayed
especially for security and protection reason.
x. At the expiration or soon after the determination of the term hereby
created peacefully to yield to the Landlady the demised premises with all
additional and new structures (except the lessee’s fixtures and fittings) in
good and tenantable repair and condition in accordance with the
agreement hereinbefore contained.
xi. To permit the landlady and / or his lawful attorney and all persons
authorized by her at all reasonable time and with one week notice to enter
upon and examine the state or condition of the demised premises and
upon notice being given by the landlord, to repair in accordance with the
covenant in that behalf herein contained.
xii. Not to assign, underlet or part with the passions of the premises or any
part thereof without the written consent of the landlady or her
representative.

2. THE LANDLADY hereby covenant with the Tenant as follows:-

i. That the Tenant having paid the rent and performing and observing the
covenants herein on his part contained shall peacefully hold and enjoy
the demised premises during the Tenancy hereby created without any
interruption by the Landlady or any person or persons rightfully claiming
through, under or in trust for the Landlady.
ii. That the tenant may install air condition units, power generator and other
tenants equipment and remove the same at the determination of the Lease
 and on such removal, restore the premises to their previous state prior to
such installation or fittings at the determination of the Lease;
iii. To keep the demised premised including boundary fence structurally
sound, wind and water tight and the exterior thereof in good tenantable
and decorative repair and condition.
iv. To keep serviceable and to continue to pay the amount allotted and
earmarked to the Tenant by the Landlady in respect of any expenses
incurred or to be incurred pertaining to repair and maintenance of septic
tanks, soakaway pit, water treatment machine, pumping machine and also
to keep in good repair the main drains septic tanks, soakaway pit, and
other services serving the demised premises.

PROVIDED THAT IT IS HEREBY AGREED:

(a) That this Agreement may be determined at any time during the term hereby
created by either party giving at least three (3) month’s notice in writing.
(b) That the tenant shall pay all bills incurred during this tenancy before leaving
the premises, however the landlady reserves the right to sue the tenant to
recover such bill(s). The tenant shall however pay back to the landlady all
legal expenses in recovering such bill(s).
(c) That if any of the tenants’ covenants herein contained are not performed or
observed, then it shall be lawful for the landlady to re-enter into the premises
or any part thereof and thereon this tenancy shall be determined, but without
prejudice to the right of the landlady to sue for and recover damages for any
breach of the covenant by the tenant.
(d) That if at any time before the determination of the term hereby granted and
the tenant shall be desirous of renewing the tenancy, shall give the landlady
or her representative three (3) calendar months of his intention to renew
same on the terms to be mutually agreed upon AND if the parties shall fail to
agree on the new terms, the tenancy shall be determined at the end of the
term hereby granted and the tenant shall immediately give up vacant
possession of the premises and its appurtenances to the landlady or her
representative. PROVIDED that the tenant shall renew the tenancy for
another term of one year not later than three clear months from the date of
commencement of this agreement.
IN WITNESS WHEREOF the parties hereto have executed these presents in the
manner hereinafter appearing the day and year first above written.

SIGNED, SEALED AND DELIVERED

By the within-name “LANDLADY”

…………………………………..
MRS EUNICE OJEABULU

In the presence of:

NAME:………………………………………………….
ADDRESS:……………………………………………..
…………………………………………………………..
OCCUPATION:……………………….………………
SIGNATURE:…………………………………………

SIGNED, SEALED AND DELIVERED

By the within-name “TENANT”

…………………………………………………
MR. BAMIDELE JOHN ONI

In the presence of:

NAME:…………………………………………………..
ADDRESS:…………………………...…………………
…………………………………………...………………
OCCUPATION:………………………………………..
SIGNATURE:………………………………………….