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Landlord's Notice Proposing A New Rent

Landlord's Notice Proposing A New Rent Template for Nigeria

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Landlord's Notice Proposing A New Rent

"I need to draft a Landlord's Notice Proposing A New Rent for my residential property in Lagos, with a 15% rent increase to take effect from March 1, 2025, including recent property maintenance details to justify the increase."

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Document background
The Landlord's Notice Proposing A New Rent is a crucial document in Nigerian property law that facilitates formal rent review processes between landlords and tenants. This notice is required when a landlord wishes to increase the rent on a property, whether residential or commercial, and must comply with state-specific legislation including the Rent Control and Recovery of Residential Premises Laws. The document needs to be served within legally prescribed notice periods, which vary by state but typically range from one to six months. It should contain specific details including current rent, proposed new rent, effective date, and any justifications for the increase. The notice forms part of the formal legal process for rent reviews and can be used as evidence in rental tribunals or courts if disputes arise.
Suggested Sections

1. Landlord's Details: Full name and address of the landlord or their authorized agent

2. Tenant's Details: Full name of tenant(s) and current correspondence address

3. Property Details: Complete address and description of the rental property

4. Current Rent Information: Statement of current rent amount and payment frequency

5. Proposed New Rent: Clear statement of the proposed new rent amount and payment frequency

6. Effective Date: The date when the new rent is proposed to take effect, ensuring compliance with notice period requirements

7. Legal Notice Period Statement: Statement confirming compliance with required notice period under applicable state law

8. Response Instructions: Information on how and when the tenant should respond to the notice

Optional Sections

1. Utility Changes: Include when there are changes to utility payment arrangements alongside the rent increase

2. Justification for Increase: Include when required by state law or when providing explanation for significant increases

3. Payment Method Updates: Include if there are any changes to the accepted payment methods

4. Maintenance History: Include if improvements or maintenance justify the increase

5. Market Comparison: Include when providing market rate comparisons to justify the increase

Suggested Schedules

1. Schedule A - Property Photos: Recent photographs of the property condition if relevant to justify the increase

2. Schedule B - Maintenance Records: Documentation of recent improvements or maintenance work if used to justify the increase

3. Schedule C - Market Analysis: Comparative market analysis showing local rental rates if used to justify the increase

4. Schedule D - Utility Bills: Copies of utility bills if relevant to the rent increase or changes in utility arrangements

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions
















Clauses














Relevant Industries

Real Estate

Residential Property

Commercial Property

Retail

Industrial

Office Space

Hospitality

Mixed-Use Development

Agricultural Land Rental

Relevant Teams

Legal

Property Management

Real Estate Operations

Tenant Relations

Asset Management

Compliance

Administration

Leasing

Real Estate Services

Relevant Roles

Property Manager

Real Estate Agent

Landlord

Legal Counsel

Property Management Director

Leasing Manager

Real Estate Administrator

Tenant Relations Manager

Asset Manager

Property Portfolio Manager

Real Estate Operations Manager

Compliance Officer

Legal Administrator

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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