a.
2.3 Ilased on the containcd in th i." tcnancy agreement, and (l'ere shall be need for a
new agrccnocnt (3) Y vAj{S as duly executed by the parties shall
for new rent.
3.() ln consi(lccation of' tilC l'orcgoing, the partics hereby undertake a»
l'ollows:
A. Terms
3. 1 That the Tenant agrcc to pay thc sum 0C N (NINE
'l n IC)UJSANI) tg Al RA ON l. Y) rcnt A Room Sclf to the l,andlord
connnencing frolli 202< and lap.scs on thc alST MARCII,
2026, RENT RECEIPT OF WI I Tl INA NT
3.ì the I R)nant should Day ()ne ( l ) montli bcforc thc cxpii•aiion of hi3/'hcr
yearly re.nt to the Landlord.
3.4 this tcnancy agrcclncnt is (Or a FIXEI) PER 101) OF ONE (l) YEAR
subject to bc rcncwcd by thc Landlord.
Page 3
2.0 NOW THE RESIDENTIAL TENANCY AGREEMENT WITNESS AS FOLLOW:
2. 1 Pursuant io series of transactions recited above, the Landlord as beneficial
owner of all that property situates and known as No. 8, Oloja Street, Off
Olorunkcrni Shornolu, Lagos, Nigeria.
a. IIEREBY LET to the Tenant A Room Self forming parts of the property
stated at the above address to hold the same to the tenant commencing
from rt April, 2025 FOR THE PERIOD OF ONE (1) YEAR AND
LAPSE ON THE 3 IST MARCI 1, 2026.
2.2 In furtherance' to paragraph 2. 1, the rent hereby reserved shall be subject
to revision EVERY THREE (3) YEARS of the period hereby created and
such revised rent shall be: for another period fixed by tenancy agreement
between the Landlady and the Tenant.
2.3 Based on the terms contained in this tenancy agreement, and there shall be need
for a new agreement EVERY_TI_IREE (3) YEARS as duly executed by the
parties shall suffice for new rent.
3.0 In consideration of the foregoing, the parties hereby undertake as follows:
A. Terms
3.1 That the Tenant agree to pay the sum of N800,000 (EIGHT HUNDRED
THOUSAND NAIRA ONLY) as yearly rent for A Room Self to the Landlord
commencing from 1 APRIL, 2025 and lapses on the 31ST MARCH, 2026, (VHF
RENT RECEIPT or WHICH THE TENANT HEREBY ACKNOWLEDGES).
That the Tenant should pay One (l) month before the expiration of his/her yearly rent to
the Landlord.
3.4 That this tenancy agreement is for a FIXED PERIOD OF ONE (l) YEAR
subject to be renewed by the Landlord.
3.5 That the Landlord shall invoke statutory power of' eviction under the Tenancy Law,
once the tenancy has been determined by EFFLUXION OF TIME.
3.6 That both parties agree that in the event the tenant constituting nuisance or has defaulted
in payment of rent which is subject to this agreement, the Landlord Shall terminate the
tenancy by issuing TIIREE (3) MONTHS' NOTICE
»WS:
to the A Self int o C proper.ty stated at (he
above address to hold the to the YEAR tenantAND 2025 'H
or ONE (1)
ON I ST MARCI l, 2026.
2.2 In Curthet•ance' to 2, l , (he Ijcjv•by jV.served shall
be subject to revision EYERY (A ) Y F.ARS, oc the
Ijcjvljy revised rent shall be: for another period f Ixecl by tenancy agreejnent
between (he Landlady ancl the Ten an(.
2.3 Based on the tet*Jns contained in this tenancy agreement, and there shall be
need for a new agreetnent C VCR Y "I'l IRIil:, (3) Y JARS as duly executed
by ilje parties shall ffice Cor new rent.
3.0 In considecation of the t•ocegoing. the parties hereby undertake as follows:
A. Terms
3.1 That the Tenant agree to pay the sum of N (NINE
'l MOUSANI) NAIRA ONLY) as rent A Room SCIT to the
Landlord conunencing Croni I 'I AI'RIIJ, 2()25 and lapses on the 31ST MARCII,
2026. RENT RECEIPT OF WI I IE 'PENANT I JEREBY ACKNOWJ
That the Venant should t)ay One (l ) month before the expiration of his/hcr yearly
rent to the Landlord.
3.4 rlhat this tenancy agreeinent is for a FIXED PERIOD OF ONE ( l ) YEAR subject
to bc rcncwcd by the Landlord.
3 5 That the Landlord shall invoke statutory power of eviction under the Tcnancv Law,
once the tenancy has been determined by EFFLUXION OF TIME.
3.6 That both parties agree that in the event the tenant constituting nuisance or
has defaulted in payinent of rent which is subject to this agreement, the
Landlord shall terminate the tenancy by issuing TIIRIEE (3) MONT IIS'
NOTICE
Page 3
