Legal Aid

• Pages: 292-292

Paras. 624-700 Vol. 15: LEASES 292

ter. One thing is clear however. The land and the development thereon do not auto-

matically revert to the State on the expiry of the lease.” – Per Katsina-Alu, J.C.A. in

Obioha v. Dafe Suit No. CA/PH/79/90; (1994) 2 N.W.L.R. (Pt. 325) 157 at 173.

624-700. Requirement of a valid lease.

“I am therefore in agreement with the learned trial Judge, Onalaja, J. when he held as

a fact that Exhibit 10 is a valid lease between the plaintiff and the 1st defendant. I

also agree with him when he said: - “to construe an instrument as a lease, the follow-

ing are requisites and essentials. It must contain words of demise, and must be a

complete agreement. There must be an identification of lessor and lessee. The pre-

mises and dimensions of the property to be leased. The commencement and duration

of the term.” – Per Obaseki, J.S.C. in Osho v. Foreign Fin. Corp. Suit No. S.C. 9/

1988; (1991) 22 N.S.C.C. (Pt. I) 520 at 540; (1991) 4 N.W.L.R. (Pt. 184) 157 at 193.

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