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5 Types of Tenancy and When Quit Notice Should Be Issued for Each One

There are different types of tenancy in Nigeria. A tenancy may be fixed. It may also be yearly, half yearly, quarterly, and at the will and pleasure of the tenant. Where there is no provision as to the time a tenancy should last for, the tenure can be determined by the reference to the time when the rent is paid or demanded.

Section 13 of the Lagos State Tenancy Law provides for the following types of tenancy and when quit notice can be issued for each one. They include

1. A Tenancy at will:

A tenancy at will is a type of tenancy that can be terminated at anytime by either the landlord or the tenant. Usually, there is no sort of tenancy agreement entered into by either of the parties. Before a tenant at will can be ejected from the premises, he must be issued a week notice by the landlord.

2. A monthly tenancy:

A monthly tenancy is a type of tenancy in which rent is required to be paid every month, depending on the agreement between the parties. To eject a monthly tenant from the premises, he or she has to be given notice of at least one monh by the landlord

3. A quarterly tenancy:

A quarterly tenancy is a type of tenancy in which rent is required to be paid every three months, depending on the agreement between the parties. For such tenancy to come to an end, a notice of three months must be given.

4. A half yearly tenancy:

A half yearly tenancy is a type of tenancy in which rent is required to be paid every six months depending on the agreement between the parties. In this type of tenancy, three months notice must be given.

5. A yearly tenancy:

A yearly tenancy is a type of tenancy in which the parties have agreed that rent would be paid every year. Before this type of tenancy can come to an end, the landlord must give the tenant a notice of six months.

Content created and supplied by: Busayomi (via Opera News )

Lagos State Tenancy Law Nigeria

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