THIS TENANCY AGREEMENT is made the . day of . 20.. BETWEEN...

, 10 ARINOLA BAILEY DALEMO ALAKUKO Lagos State (herein after referred to as the Landlord which expression context so admits include his heirs, legal personal
representatives and assigns) of the one part AND MR..10 ARINOLA BAILEY STREET DALEMO ALAKUKO Lagos State (hereinafter referred to as the Tenant )of the other part.

WITNESSES AS FOLLOWS:
1. In consideration of the rent herein after reserved and of the covenant and stipulations on the

part of the Tenant hereby takes ALL THAT (..)BEDROOM FLAT and premises with appurtenancies situated at 10 Arinola Bailey Street Dalemo Alakuko Lagos State (herein after called the demised premises)TO HOLD the same UNTO AND TO THE USE of the tenant as a yearly tenant commencing from the .day of.20PAYING THEREFORE during the said term and annual rent of naira(. )representing one and half (1 )years rent in advance from the day of....20. to .day of ..20.. having been paid prior to the execution of these presents (the receipt of which the landlord hereby acknowledges). 2. THE TENANT HEREBY COVENANTS with the landlord as follows: (a) To pay the reserved rent in the manner afore said to the landlord or his accredited Agent yearly in advance and before the expiration of the subsisting rent. (b) To pay and discharge all bills for Electricity (PHCN BILLS)consumed and telephone charges incurred on the demised premises (if any) and to indemnify the landlord against the payment of such bills (unless previously paid) on the determination of the Tenancy whether as provided herein or otherwise. And to ensure that payment are made monthly and/or as soon as the bills are received and copies of the receipts of the settled bills made available to the Landlord or his Agent on demand. (c) To keep and maintain the interior of the demised premises and fixture therein including the windows and the door thereof in good and tenantable repairs and to be responsible for any damage caused by the Tenant ,his servant, agents or privies to the demised premises. (d) Not to effect any alteration to the electrical wiring/PHCN METER or deface the wall with nails or other object. (e) To ensure that the PHCN meter and/ or PHCN prepaid meter if and when installed in the demised premises together with the recharge card are properly maintained and to at all times ensure the safety and security of the said PHCN Meter and the recharge card and in the event of the theft, loss or damages of the PHCN Meter and/or the recharged card during the tenancy, The tenant shall replace the said PHCN Meter and the recharge card immediately or refund the cost of replacement to the landlord if replace by the landlord. (f) To permit the landlord or any person authorize by the landlord at all reasonable times after giving forty-eight hours (48)hours notice of intention to do so, to enter and examine the

condition of the demise premises and to promptly effect repairs as may be directed by the landlord or his agent. (g) To permit the landlord or his agent with all necessary workmen and appliances at all reasonable times after giving at least forty-eight(48hours)notice of intension to do so to enter upon the demise premises to execute such structural repairs on the demise premises that are liable to be made good by the landlord under this Agreement. (h) To be responsible and contribute equally with other tenants for the regular maintenance of the borehole/well serving the demised premises both financially and otherwise and the proper maintenance, repairs and/or replacement of the water pump /pumping machine as the need arises. And to be responsible with the other tenants for the joint maintenance of the water facilities. (i) To use the demised premises for residential purpose only and not for (I)commercial, (ii)office,(iii)place of worship (iv)gambling/gaming activities (v)brothel or any other immoral purpose. (j) Not to keep pets, poultry or any kind of animal whether domestic or otherwise on the premises without the written permission of the landlord, having satisfied the safety and other environmental sanitation conditions as may be required. (k) To ensure that car parking discipline is maintained in the premises and not to park more than one(1) car within the premises (compound) when any of the co-tenants is unable to park one(1) car within the premises (compound) (l) Not to keep squatters or strangers in the demised premises without the written permission of the Landlord. (m) Not to transfer, sublet, assign or otherwise part with the possession of the demised premises or any part thereof without the written consent of the Landlord (n) Not to do or permit to be done any act which may be illegal or constitute nuisance and/ or neighbors of the adjoining premises and to always live peacefully with neighbors and cotenants (o) To bear, pay and discharge and cause to be paid, in conjunction with other occupants, all existing and future water, township, tenement and improvement rates including Land charges that may be charged upon the demised premises or upon the owner or occupier in respect thereof by the relevant Government authorities. (p) To be jointly responsible with the co-tenants for the general cleaning and proper sanitation of the demised premises and the compound of the demised premises including the drains and to participate fully in the monthly environmental sanitation exercise and to make good any stoppage, blockage or damage to the drains caused by the negligence or willful acts of the tenant, his servants, agents or privies and the cost of making good any such damage shall if made by the Landlord be refunded to the Landlord by the Tenant on demand. (q) To pay Watch Guards and Cleaner(s) ( if any is employed) wages on prorate basis and as agreed with the co-tenants and /or Landlord of the demised premises monthly and not later than the first day of each succeeding month and generally to contribute as may be required to the cost of all services rendered for the proper maintenance of the house including the community development levies as may be imposed from time to time.

(r) To abide and strictly adhere to the security regulations and arrangements laid down by the Community for the protection of all the Residents of the Community. (s) To bear, pay and discharge all Solicitors fee and other disbursements payable for the preparation and stamping of this agreement. (t) To be responsible in conjunction with the other co-tenants for the maintenance and clearing of the sewage system, septic tank and soakaway pits serving the demised premises whenever the need arises. (u) Not to make or permit to be made any structural alterations or additions to the demised premises or any part thereof without the consent in writing of the Landlord and any such addition shall become part of the demised premises and property of the Landlord and shall only be removable by the Tenant upon the written consent of the Landlord and where such addition is removed by the Tenant, the Tenant must restore the affected part of the demised premises to the original state or position. (v) Not to use or permit the use of petrol/diesel generator inside the demised premises. The use of generator of whatever nature is only allowed by installing same at a safe distance form the demised premises and to generally take all necessary fire precautions and to avoid the use of naked light on the demised premises. (w) To use the fixture and fittings in a reasonable and tenantable manner and to be responsible for missing items and all damages and defects caused by the tenants, his servants or agents to the demised premises. (x) Not to allow or pound yam, fufu, pepper, akpu or any other substance within the demised premises and to avoid the use of fire wood or coal pot for making fire within the demised premises. (y) To obtain the permission of the landlord before installing air conditioners in areas not originally provided or designated for such and the Tenant is permitted to install split Air condition units on the demised premises but must restore the demised premises to its original state or structure and effect all necessary repairs at the ceasation or determination of the Tenanacy unless otherwise agreed by the Landlord. (z) Not to use heavy duty or Industrial Generator (Generating set) that may weaken the structure of the property. (aa) Not to keep any drug or similar substance in or round the demised premises that could warrant the sealing up of the demised premises by the National Drug Law Enforcement Agency (NDLEA) and to indemnify the Landlord against all costs, damages or losses that may arise from such occurrence. (bb) To always set free the general passage/ corridor leading to the demised premises and high standard of cleanliness shall be maintained. (cc) Not to overcrowd the demised premises which shall be deemed to be overcrowded when more than the reasonable number of persons are allowed in it. (dd) To give the Landlord at least three (3) months notice of intention to renew the tenancy before the expiration of the existing one (ee) On or sooner determination of the tenancy to yield up to the Landlord or his Agent the demised premises and all additions or fixtures thereto in a good and tenantable on of the

repairs and conditions and to effect all necessary repairs, repaint and redecorate the demised premises at the expiration of the tenancy and to be responsible for the cost and to refund to the Landlord the cost of such repairs, redecoration or repainting if not done by Tenant before vacating the premises. 3. SERVICES AND OTHER PAYMENTS AGREED TO BY THE TENANT (a) I agreed to the payment of N30,000.00 refundable deposit for damages caused and unrepaired during the tenancy. This shall be a deposit towards the cost of all repairs, repainting and redecoration done by the Landlord where the Tenant vacates without effecting such repairs, repainting and redecorating and the balance (if any) shall be paid by the Tenant to the Landlord. (b) The refundable deposit shall be refunded to the Tenant if no damage is done to the demised premises or where the repairs, redecoration and repainting are done by the tenant to the satisfaction of the Landlord before vacating the property. (c) I agree to maintain and ensure provision of regular security lights around my apartment. (d) I agree to cooperate, to bear, pay and discharge and to be paid regularly and timely for the following services. 1. Water pump power consumption 2. Premises cleaner 3. Estate security (as may be demanded) 4. Local/State Government levies on water, environmental sanitation tenement rate, Land Use Charges and any other present and future demands(yearly). 5. Waste disposal (when due) 6. Any other levy (when required) 4. INVENTORY a. I certify that I have inspected the inventory in the said apartment and I am satisfied that they are in good condition. b. Items inspected/ checked include: i. Toilets, bathrooms and Kitchen plumbing fittings and metal ii. All doors and windows, wardrobes, kitchen cabinet, locks/keys, handles, glasses etc iii. Walls, floor and ceiling in good and clean conditions. iv. Electricity wall lamps, fittings, switches, sockets etc. I hereby agree the inventory mentioned above in the satisfactory state I met them whenever I am vacating the premises, or else, I shall be liable to their repairs, replacement and repainting as the case may be. 5. THE LANDLORD HEREBY COVENANTS with the Tenant as follows: (1) That the Tenant paying the rent hereby reserved and observing and performing the several convenants and stipulations herein on his part contained shall peaceably hold and enjoy the demised premises during the said term without any interruption by the Landlord or any person or persons rightfully claiming under or in trust for him (2) To be responsible for structural repairs and to keep the exterior of the demised premises and of all additions thereof and drains and boundary wall and fence thereof, but excepting

damages due to negligence or willful act of the Tenant, in tenantable condition throughout the tenancy 6. IT IS HEREBY MUTUALLY AGREED that: (a) If the rent shall fall in arrears for FOURTEEN (14) days whether legally or formally demanded or not or if the Tenant commits any breach of the convenants or stipulations herein contained, it shall be lawful for the Landlord to re-enter and take possession thereof and to remove the Tenant, his family and all or any person then being thereon and him and/or their effects from and off the said demised premises and THEREUPON this tenancy shall determine without prejudice to any cause of action vested in the Landlord (b) That this Tenancy shall be subject to periodic review at a new rent and terms to be agreed upon by both parties (c) That the Electricity (PHCN) Meter serving the demised premises shall be at all times remain the property of the Landlord and shall not for any reason be removed or taken away by the Tenant, his servants, agents or privies (d) That either party wishing to terminate this Agreement shall serve on the other six(6) months notice of intention to dos o, such notice to be made shall be in writing by that party or his authorized agent. (e) All notices which may be required to be given under this agreement may be sent by either party to the other at the address herein given or to such other address as may be furnished by the parties from time to time. (f) That the Tenant shall not be entitled to a unused rent if the Tenant vacates the demised premises voluntarily before the expiration of the subsisting rent IN WITNESS WHEREOF the parties hereto have hereunto set their hands and seats the day and year first above written. SIGNED, SEALED and DELIVERED By the within-named LANDLORD LT.COL.MATHEW O. ODUNLADE (RTD.) In the presence of: NAME: ADDRESS: OCCUPATION: SIGNATURE:\ SIGNED, SEALED and DELIVERED By the within-named TENANT MR

In the presence of:

NAME:

ADDRESS:

OCCUPATION:

SIGNATURE:

Any other levy (when required)