EQUIPMENT AND LEASING ACT

Section 25: Claims to leased equipment by a third party

2015Section 25 of 45Federal Republic of Nigeria

(1) Any claim to the ownership or any disturbance to the quiet enjoyment of a leased equipment by a third party shall be notified in writing by the lessee to the lessor within fourteen days of such claim.
(2) If a lessee fails to notify the lessor he shall be liable for any charges or expenses hereby incurred by the lessor.
(3) The lessor shall have a right to apply to join as a co- defendant in any legal action instituted by a third party claiming any right to a leased equipment.

Cite this section

Section 25, EQUIPMENT AND LEASING ACT (2015).

https://repo.podus.ai/laws/equipment-and-leasing-act/section/25/