Landlord and Tenant Act 1985 obliges the lessor (if the lease agreement granted is less than 7 years) to maintain the external structure under repair and certain property in good condition, such as for example. B supply of services and sanitation. Most leases require tenants to have the prior agreement of the lessor and enter into a deed of acceptance for the assignment of the lease (under which the lessee assigns its leases to the assignee) before assigning a lease. Most landlords usually require damages/bonds or bonds used to repair damage discovered upon expiration or termination of the lease. On the other hand, leases generally do not contain any restrictions for lessors who sell the land or an obligation to assign leases to a buyer. Unless expressly resigned, only ongoing agreements with the land can be implemented against a buyer of the land. According to the Lagos State Tenancy Law, 2011, the owner is required to keep the premises insured against loss and damage. The reason for this principle is that the lessor, as the owner of the right to the leased property, should be able to insure its ownership. However, in some cases, some landlords share this responsibility with the tenant, as some incidents, such as fires, that cause damage to the rental property, can be caused by acts or omissions of their tenant. The provisions relating to the limitation or release of the lessor`s liability (all leases) are all the obligations of the lessor under a lease agreement and which relate to the lease and tenant relationship. Depending on the nature of the rental agreement, these obligations may include obligations to repair, warranty and provide services, as well as the tacit enjoyment agreement.
Lease agreements also include obligations included in ancillary agreements, such as an obligation in a rental bond to hold money in a given account. In the case of an old lease agreement, only the original lessor (who granted the lease) remains bound for the entire duration: any lessor who acquires the property on a subsequent transfer is automatically exempt from any future obligations at the time it passes on to someone else. If the tenant wishes to object, he must notify his written opposition no later than four weeks after the notification of the landlord`s termination. . . .