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Rent Owed Notice

Rent Owed Notice Template for Nigeria

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Key Requirements PROMPT example:

Rent Owed Notice

"I need a Rent Owed Notice for my commercial property tenant in Lagos who has missed three consecutive monthly rent payments totaling 15 million Naira, with the last payment due date being January 15, 2025."

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Document background
The Rent Owed Notice is a crucial document in Nigerian property law, used when tenants have fallen behind on their rent payments. This notice serves as a formal demand for payment and is typically the first step in the legal process of rent recovery. It must comply with the Recovery of Premises Act and relevant state tenancy laws, which require specific information and formatting. The notice should be issued promptly when rent becomes overdue and must clearly state the amount owed, payment deadline, and potential consequences of non-payment. This document is essential for establishing a legal record of the demand for payment and may be required as evidence if further legal action becomes necessary.
Suggested Sections

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

2. Date: The date of the notice, which is crucial for calculating notice periods

3. Tenant Details: Full name and address of the tenant(s)

4. Property Details: Complete address and description of the rented property

5. Rent Arrears Statement: Clear statement of the total amount of rent owed, including breakdown by periods

6. Payment Demand: Formal demand for payment including the deadline for payment

7. Legal Warning: Statement of legal consequences if payment is not made within the specified period

8. Payment Instructions: Clear instructions on how and where to make the payment

9. Signature Block: Signature of landlord or authorized agent with date

Optional Sections

1. Previous Correspondence Reference: Reference to any previous notices or communications regarding the rent arrears, if applicable

2. Payment History: Detailed breakdown of payment history showing the pattern of default, useful in cases of repeated late payments

3. Interest Calculation: If claiming interest on overdue rent, include calculation of interest as per lease agreement

4. Mediation Offer: Optional paragraph offering to discuss payment arrangements, useful for maintaining tenant relationships

5. Service Method Declaration: Statement of how the notice was served, important in cases where proof of service might be needed

Suggested Schedules

1. Schedule A - Rent Arrears Calculation: Detailed breakdown of rent arrears showing dates, amounts due, amounts paid, and balance

2. Schedule B - Payment History: Complete history of payments made and missed during the tenancy

3. Appendix 1 - Copy of Lease Agreement: Reference copy of relevant sections of the lease agreement relating to rent payment and defaults

4. Appendix 2 - Previous Notices: Copies of any previous notices or communications regarding rent arrears

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 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

Residential Property

Commercial Property

Retail Property

Industrial Property

Legal Services

Property Investment

Housing and Development

Relevant Teams

Legal

Property Management

Real Estate Operations

Asset Management

Tenant Relations

Rent Collection

Property Administration

Facilities Management

Compliance

Document Management

Relevant Roles

Property Manager

Real Estate Manager

Leasing Agent

Property Administrator

Legal Counsel

Real Estate Attorney

Housing Officer

Rent Collection Officer

Asset Manager

Facilities Manager

Property Operations Manager

Tenancy Relations Officer

Real Estate Portfolio Manager

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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