lease

Leases vs. Licenses: Differences and Legal Implications

When dealing with property transactions in Nigeria, it is crucial to understand the distinction between leases and licenses. Both terms involve granting rights over land or property, but they differ significantly in their legal nature, rights granted, and implications for both parties. Many individuals and businesses enter agreements without fully understanding these differences, which can …

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Key Legal Considerations in Lease for Landlords and Tenants

In the Nigerian real estate landscape, lease agreements form the backbone of relationships between landlords and tenants. These contracts legally define the terms of tenancy, the responsibilities of both parties, and the consequences of non-compliance with the agreed terms. Whether you are a landlord looking to rent out your property or a tenant seeking a …

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