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Late Rent Payment Notice

Late Rent Payment Notice Template for Nigeria

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Key Requirements PROMPT example:

Late Rent Payment Notice

"I need a Late Rent Payment Notice for a commercial tenant in Lagos who is 45 days overdue on their January 2025 rent payment of ���500,000, with a requirement to pay within 7 days or face legal action."

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Document background
A Late Rent Payment Notice is a critical document in Nigerian property management, used when tenants have failed to pay their rent by the due date specified in their lease agreement. This document serves as a formal communication and legal record, typically issued after the rent payment deadline has passed and before initiating any formal legal proceedings for rent recovery or eviction. The notice must comply with Nigerian federal law, particularly the Recovery of Premises Act, as well as any applicable state-specific legislation. It should include precise details about the rental property, the amount of rent owed, the period of arrears, and the deadline for payment. The document also typically outlines the consequences of continued non-payment and may reference relevant clauses from the lease agreement.
Suggested Sections

1. Letterhead and Date: Landlord's or property manager's official letterhead and current date

2. Tenant Details: Full name and address of the tenant(s), including the specific rental property address

3. Subject Line: Clear indication that this is a Late Rent Payment Notice

4. Rent Payment Details: Specific amount of rent owed, due date, and number of days overdue

5. Legal Basis: Reference to relevant clause in the tenancy agreement and Nigerian law regarding late payment

6. Demand for Payment: Clear statement of the total amount due including any late fees and deadline for payment

7. Consequences: Statement of legal actions that may be taken if payment is not received

8. Payment Instructions: Specific details on how and where to make the payment

9. Closing: Formal closing, signature block, and contact information

Optional Sections

1. Previous Notifications: Reference to any previous late payment notices or communications, used when this is not the first notice

2. Payment Plan Option: Offer of a payment plan arrangement, included when the landlord is willing to negotiate terms

3. Late Fee Calculation: Detailed breakdown of how late fees were calculated, included when applicable under the lease terms

4. Grace Period: Information about any applicable grace period, included when provided for in the lease or by law

5. Property Manager Authorization: Statement of authority when notice is sent by a property manager rather than the landlord

Suggested Schedules

1. Payment History Schedule: Record of previous payments and late payments, if relevant to establish a pattern

2. Rent Calculation Schedule: Detailed breakdown of rent owed, including base rent, late fees, and other charges

3. Copy of Relevant Lease Provisions: Excerpts from the lease agreement relating to rent payment and late fees

4. Proof of Service: Documentation showing how and when the notice was delivered to the tenant

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

Property Management

Legal Services

Residential Housing

Commercial Property

Retail Property

Industrial Property

Housing Development

Property Investment

Relevant Teams

Legal

Property Management

Real Estate Operations

Asset Management

Tenant Relations

Collections

Administrative Services

Housing Operations

Lease Administration

Relevant Roles

Property Manager

Real Estate Manager

Leasing Manager

Legal Counsel

Property Administrator

Rental Coordinator

Asset Manager

Building Superintendent

Real Estate Agent

Property Management Director

Tenant Relations Manager

Collections Specialist

Legal Administrator

Housing Officer

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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