The lessor or tenant will find, as the case may be, that he is obliged to continue the lease until a valid termination is served, which may be contrary to his initial agreement. This is a possible scenario that may result from an oral lease. In the absence of concrete evidence, legal laws may provide for rules and procedures contrary to the intentions of the parties when concluding the agreement. It is relatively easy to enforce an obligation under a written contract, as the treaty document serves as evidence of the obligations it contains. While oral contracts are enforceable, the burden of proof is that of contractual conditions. A party to the trial must provide credible evidence (witness testimony, email correspondence, or text messages between the parties) to support this claim. Therefore, even if an oral contract has actually been concluded, if the party to the proceedings is unable to prove it, or if the defendant is able to successfully challenge the applicant`s evidence, the right to performance or infringement is likely. Written contracts are therefore the preferred method for entering into contractual agreements. The concept of lease is widespread in Nigeria, it is reported that 85% of Nigeria`s urban population lived in rental housing in 2010 and a large part of their income was for rent. This proves that the lease is widespread and is still widespread in Nigeria today. The objective of these essays is to briefly discuss the concept, laws, clauses, rental rights with the specific focus on lagos state.
It`s remarkable that one of the most important things about a rental agreement is that it usually follows with a set time, which eliminates the need to re-address a tenant. Under the Lagos State Rents Act, if the time or period of a lease has been stipulated in an agreement, this lease is determined only by a passage of time and the lessor automatically has the right to issue a 7-day notification of the owner`s intention to recover the premises from the tenant, followed by an action for the recovery of the premises. if the tenant fails to evacuate after 7 days….