Section 38: Termination of lease agreement for non-payment of rentals
2015Section 38 of 45•Federal Republic of Nigeria
(1) Where the lessee fails to remedy a default after the serve of default notice, the lessor may terminate the lease agreement.
(2) The termination of the lease agreement shall be in writing and communicated to the lessee.
Cite this section
Section 38, EQUIPMENT AND LEASING ACT (2015).
https://repo.podus.ai/laws/equipment-and-leasing-act/section/38/