It outlines the rights and obligations of a tenant and landlord throughout a residential lease.
A Residential Lease Agreement, also known as a House Lease Agreement, is a legal document used by a landlord (lessor) to rent out their property to another person, known as the tenant (lessee).
In this arrangement, the landlord owns the property and grants the tenant the right to occupy it exclusively in exchange for the payment of rent — the agreed amount payable for the use of the property.
This agreement sets out important details such as:
A well-drafted lease agreement provides clear expectations for both parties and protects the landlord from potential disputes or damage caused by a difficult tenant.
Although the terms lease and tenancy are often used interchangeably, there is a distinction:
This document is suitable for any landlord wishing to rent out a property to a tenant.
When completing the agreement, the landlord or their representative should include the following information:
The landlord may also include additional provisions, such as:
In short, this agreement allows both parties to clearly set out their expectations and obligations.
Once completed, the document should be printed and signed by both parties, along with their witnesses, who will provide their details and signatures. Each party should retain a signed copy for their records.
The following laws may apply to this agreement in Nigeria:
You can easily fill out a form to generate the agreement. Once completed, you can edit and download the draft or proceed to sign it via our E-signature tool with your record securely stored on DocuProp for future management.
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