7
- 7-Day Owner's Intention NoticeLEGAL
- A short notice served after a quit notice expires, informing the tenant that the landlord intends to apply to court to recover possession. Required under Lagos tenancy law before filing. Read more about 7-Day Owner's Intention Notice
- See also:Quit NoticeRecovery of Premises
A
- Agency FeeFEE
- A fee paid to an agent or platform for helping a tenant secure a property. In many Nigerian markets it is charged separately from rent and caution. Read more about Agency Fee
- See also:Legal FeeCaution FeeRent
- Agreement FeeFEE
- A fee charged for preparing or issuing the tenancy agreement or related documentation for a rental transaction. Read more about Agreement Fee
- See also:Tenancy AgreementLegal Fee
- Allocation LetterLEGAL
- A document issued by a government agency, estate developer, or community confirming that a specific plot or unit has been allocated to a named beneficiary. Read more about Allocation Letter
- See also:C of ODeed of Assignment
- Annual RentPAYMENT
- The total rent payable for one full year of occupancy. Many Nigerian rentals are priced and collected annually. Read more about Annual Rent
- See also:RentMonthly RentTenancy
- ApartmentPROPERTY
- A self-contained residential unit within a larger building, usually with its own living, kitchen, and bathroom spaces. Read more about Apartment
- See also:FlatSelf ContainMini Flat
- ArrearsPAYMENT
- Outstanding rent or charges that remain unpaid after their due date. Read more about Arrears
- See also:Rent DefaultLate Payment
- Asking RentPRICING
- The initial rent amount requested by the landlord or listing owner before negotiation or discounts. Read more about Asking Rent
- See also:RentOffer
- AssignmentLEGAL
- A transfer of an existing legal interest or tenancy right from one party to another, subject to the applicable contract and law. Read more about Assignment
- See also:SublettingDeed of Assignment
- Auto-RefundFEATURE
- A platform-initiated refund triggered automatically when conditions such as move-in failure or expired escrow are met. Read more about Auto-Refund
- See also:Escrow ReleaseReversal
B
- Background CheckTRUST SIGNAL
- A review of a person’s identity, history, or risk indicators before granting access to a property or tenancy. Read more about Background Check
- See also:KYCVerification Badge
- BalconyPROPERTY
- An external platform attached to a building level, often counted as an amenity in apartment listings. Read more about Balcony
- See also:AmenitiesFloor Plan
- Bank TransferPAYMENT
- An electronic movement of funds from one Nigerian bank account to another, typically via NIBSS Instant Payment. Read more about Bank Transfer
- See also:USSD PaymentVirtual Account
- Berlvis ScoreTRUST SIGNAL
- A 0–100 trust score assigned to every User, derived from on-platform behaviour: timely payments, condition-report accuracy, dispute outcomes, and verification level. Each User has separate scores for tenant and landlord roles. Read more about Berlvis Score
- See also:Verification BadgeKYC
- BQ (Boys' Quarters)PROPERTY
- A separate living unit, often smaller than the main house, historically used as staff quarters and now sometimes rented independently. Read more about BQ (Boys' Quarters)
- See also:AnnexSelf Contain
- BrokerROLE
- A person or business that connects tenants to available properties and may earn a commission or agency fee. Read more about Broker
- See also:AgentAgency Fee
- Budget RangeSEARCH
- The minimum and maximum amount a renter is willing or able to spend on rent and related charges. Read more about Budget Range
- See also:FiltersAsking Rent
- BVN (Bank Verification Number)TRUST SIGNAL
- A unique 11-digit identifier issued by the Central Bank of Nigeria that links a person to all their Nigerian bank accounts for identity verification. Read more about BVN (Bank Verification Number)
- See also:NINKYC
C
- C of O (Certificate of Occupancy)LEGAL
- A statutory land title document issued by government authorities showing the holder’s right of occupancy over land. Read more about C of O (Certificate of Occupancy)
- See also:Governor's ConsentSurvey Plan
- Can a landlord increase rent mid-tenancy?FAQ
- A landlord generally cannot increase rent during a fixed tenancy. Increases usually apply at renewal and should be reasonable and properly notified to the tenant. Read more about Can a landlord increase rent mid-tenancy?
- See also:Rent ReviewLease Renewal
- CaretakerROLE
- A person responsible for day-to-day oversight, access, or basic maintenance of a property on behalf of the owner. Read more about Caretaker
- See also:Facility ManagerProperty Manager
- Caution FeeFEE
- A refundable or condition-based sum held against damage, defaults, or unresolved obligations during a tenancy. Read more about Caution Fee
- See also:Caution DepositCondition Report
- ChargebackPAYMENT
- A forced reversal of a card payment initiated by the cardholder's bank after a dispute. Read more about Chargeback
- See also:ReversalDispute Resolution
- Co-LivingPROPERTY
- A shared housing model where residents have private bedrooms within a unit while sharing kitchens, lounges, and amenities. Read more about Co-Living
- See also:Shared ApartmentSingle Room
- Commercial PropertyPROPERTY
- Property used primarily for business purposes such as shops, offices, warehouses, or mixed-use business spaces. Read more about Commercial Property
- See also:Residential PropertyMixed Use
- CommissionFEE
- A percentage of the transaction value paid to an agent, broker, or platform for facilitating a rental. Read more about Commission
- See also:Agency FeeBroker
- Common AreaPROPERTY
- A shared part of a building or estate such as corridors, stairwells, lobbies, parking, or shared compound spaces. Read more about Common Area
- See also:Service ChargeFacility Management
- CompoundPROPERTY
- The enclosed land area around a building or cluster of buildings, often used for parking, circulation, or shared outdoor activity. Read more about Compound
- See also:Common AreaParking
- Corporate LetTENANCY
- A tenancy where the renting party is a company or organization rather than an individual occupant. Read more about Corporate Let
- See also:LeaseTenant
D
- Deed of AssignmentLEGAL
- A legal document used to transfer ownership rights or beneficial interest in land or property from one party to another. Read more about Deed of Assignment
- See also:C of OGovernor's Consent
- Deed of SubleaseLEGAL
- A legal document by which a tenant transfers part or all of their leasehold interest to a third party for a period within the original lease. Read more about Deed of Sublease
- See also:SublettingLease
- DefaultLEGAL
- Failure by a party to meet an agreed obligation such as paying rent, maintaining property conditions, or complying with terms. Read more about Default
- See also:ArrearsBreach
- DepositPAYMENT
- An upfront amount paid to secure a booking, reserve a unit, or cover specific obligations under a tenancy arrangement. Read more about Deposit
- See also:Caution FeeReservation Fee
- DetachedPROPERTY
- A standalone house occupying its own plot with no shared walls. Read more about Detached
- See also:Semi-DetachedDuplex
- Diesel LevyFEE
- A charge collected from residents of a building or estate to fund fuel for shared generators powering common areas. Read more about Diesel Levy
- See also:Service ChargeEstate Dues
- Digital ListingPLATFORM
- A property record published online with photos, pricing, location details, and availability information. Read more about Digital Listing
- See also:Property ListingExplore
- Digital ReceiptFEATURE
- A tamper-evident, blockchain-style digital receipt issued instantly to both landlord and tenant the moment a rent payment is confirmed. Permanently stored in both users' accounts. Read more about Digital Receipt
- See also:Rent PaymentN-Code
- Dispute ResolutionFEATURE
- A structured process for handling disagreements between landlord and tenant using records, payments, timestamps, and documented evidence. Read more about Dispute Resolution
- See also:EscrowCondition Report
- Dispute WindowFEATURE
- The fixed period after a transaction or move-in during which either party can raise a formal dispute for review. Read more about Dispute Window
- See also:Dispute ResolutionCondition Report
- Due DatePAYMENT
- The date by which rent or another obligation must be fulfilled to remain compliant with the agreement. Read more about Due Date
- See also:Late PaymentArrears
- DuplexPROPERTY
- A residential building arranged over two floors and occupied as a single dwelling, often with bedrooms upstairs and living areas downstairs. Read more about Duplex
- See also:TerraceSemi-Detached
- Dwelling UnitPROPERTY
- A residential space intended for occupancy by one household, whether as a full apartment, room, or self-contained unit. Read more about Dwelling Unit
- See also:ApartmentSelf Contain
E
- EscrowFEATURE
- BERLVIS SPACES holds tenant rent payments in a protected wallet until the tenant has confirmed move-in via the Move-In Code. Funds release to the landlord's wallet only on successful confirmation. Read more about Escrow
- See also:Move-In CodeWallet
- Escrow HoldPLATFORM
- Funds locked in a neutral account pending an outcome such as inspection confirmation, move-in, or dispute resolution. Read more about Escrow Hold
- See also:EscrowAuto-Refund
- Escrow ReleasePLATFORM
- The act of paying funds out of escrow to the rightful party after agreed conditions such as successful move-in or dispute resolution have been met. Read more about Escrow Release
- See also:EscrowAuto-Refund
- EstateLOCATION
- A planned residential or mixed-use development with controlled access, internal roads, and common infrastructure. Read more about Estate
- See also:Gated EstateService Charge
- Estate DuesFEE
- Charges paid by residents or occupiers for shared estate services such as security, cleaning, lighting, and access control. Read more about Estate Dues
- See also:Service ChargeEstate
- EvictionLEGAL
- The lawful process of recovering possession of a property from an occupant after the required notice and legal steps have been followed. Read more about Eviction
- See also:Quit NoticeRecovery of Premises
- ExcisionLEGAL
- A government release of specific land from acquisition back to the original community or owner. Excised land can then be granted a Certificate of Occupancy. Read more about Excision
- See also:GazetteC of O
F
- Face-Me-I-Face-YouPROPERTY
- A common Nigerian residential layout where multiple rooms face each other along a shared corridor and tenants often share facilities. Read more about Face-Me-I-Face-You
- See also:Room and ParlourShared Facilities
- Facility ManagerROLE
- A person or company responsible for operating, maintaining, and coordinating building services for a property or estate. Read more about Facility Manager
- See also:Property ManagerService Charge
- Fair Wear and TearLEGAL
- Normal deterioration caused by ordinary use over time, usually distinguished from negligence or deliberate damage. Read more about Fair Wear and Tear
- See also:Condition ReportDamage
- Family HousePROPERTY
- A residential property designed for occupation by one household, often with multiple bedrooms and private facilities. Read more about Family House
- See also:Detached HouseDuplex
- Family ReceiptLEGAL
- An informal acknowledgement of payment issued by a landowning family, often used in untitled land transactions in Nigeria. It is weaker than a registered title and carries risk. Read more about Family Receipt
- See also:Omo-OnileFamily House
- First-Year RentPAYMENT
- The rent payable for the first occupancy cycle, which may differ from subsequent renewal pricing. Read more about First-Year Rent
- See also:Subsequent RentAnnual Rent
- Fit-OutPROPERTY
- The finishing, furnishing, or customization work carried out inside a space before use or occupancy. Read more about Fit-Out
- See also:FinishingShell Space
- FlatPROPERTY
- A complete residential unit made up of several rooms within a building, commonly used interchangeably with apartment in Nigeria. Read more about Flat
- See also:ApartmentMini Flat
- Floor PlanPROPERTY
- A diagram showing the layout of rooms, walls, circulation, and spaces within a building or unit. Read more about Floor Plan
- See also:Floor LayoutSpace
- FurnishedPROPERTY
- A property offered with furniture and, in some cases, appliances already installed for immediate use. Read more about Furnished
- See also:Semi FurnishedUnfurnished
G
- Gated EstatePROPERTY
- A controlled-access development where entry is restricted by gates, guards, or estate management systems. Read more about Gated Estate
- See also:EstateSecurity
- GazetteLEGAL
- An official government publication listing land that has been excised or allocated. A property listed in a gazette is generally considered free of government acquisition. Read more about Gazette
- See also:ExcisionC of O
- Governor's ConsentLEGAL
- Approval required under Nigerian land law for certain transfers of interests in land originally covered by a right of occupancy. Read more about Governor's Consent
- See also:C of ODeed of Assignment
- GuarantorLEGAL
- A person who agrees to take responsibility if a tenant fails to meet financial or contractual obligations. Read more about Guarantor
- See also:Tenant ScreeningVerification
H
- HandoverPROCESS
- The formal transfer of access, keys, codes, and practical control of a property or space to the incoming occupant. Read more about Handover
- See also:Move-In CodeClearance Code
- Highbrow AreaLOCATION
- An upscale neighborhood with premium pricing, established infrastructure, and a concentration of luxury developments. Read more about Highbrow Area
- See also:IslandGated Estate
- Holdover TenantTENANCY
- A tenant who remains in occupation after the agreed tenancy has expired without a new agreement being signed. Read more about Holdover Tenant
- See also:Statutory TenancyQuit Notice
- HomeownerROLE
- A person who legally owns a residential property, whether or not they occupy it directly. Read more about Homeowner
- See also:LandlordProperty Owner
- House RulesLEGAL
- Specific conduct, safety, or usage rules that apply to a property, building, or estate beyond basic rent obligations. Read more about House Rules
- See also:RulesTenancy Agreement
- How do I verify a C of O in Nigeria?FAQ
- A Certificate of Occupancy can be verified through a charting search at the relevant state Lands Registry, which confirms the file number, the registered owner, and whether the land is under any government acquisition. Read more about How do I verify a C of O in Nigeria?
- See also:C of OGovernor's Consent
- How does escrow work for rent?FAQ
- Escrow holds the tenant's funds in a neutral account until the move-in is confirmed. If move-in fails within the agreed window, the funds are auto-refunded; if it succeeds, they are released to the landlord. Read more about How does escrow work for rent?
- See also:EscrowAuto-Refund
- How long is a quit notice in Lagos?FAQ
- Under the Tenancy Law of Lagos 2011, the standard notice periods are 1 week for weekly tenancies, 1 month for monthly tenancies, 3 months for quarterly or half-yearly tenancies, and 6 months for yearly tenancies, unless the agreement states otherwise. Read more about How long is a quit notice in Lagos?
- See also:Quit NoticeTenancy Law of Lagos 2011
- How much is caution fee in Nigeria?FAQ
- Caution fee in Nigeria usually ranges from 5 percent to 10 percent of the annual rent, depending on the landlord and property. It is refundable at move-out, less any agreed deductions. Read more about How much is caution fee in Nigeria?
- See also:Caution FeeRefundable Deposit
I
- InspectionPROCESS
- A scheduled visit to physically view a property or space before renting, moving in, or resolving a dispute. Read more about Inspection
- See also:Inspection FeeCondition Report
- Inspection FeeFEE
- A flat ₦5,000 fee paid by a tenant to schedule a property inspection. If the tenant proceeds to rent the inspected property, 30% of the fee is credited toward their first rent payment. Read more about Inspection Fee
- See also:InspectionRent Payment
- Inspection WindowFEATURE
- A defined time period during which a renter can inspect a property after booking, before the platform releases escrow. Read more about Inspection Window
- See also:InspectionEscrow Hold
- InventoryPROCESS
- A record of movable items, fittings, appliances, or provided assets in a rented space at the time of handover. Read more about Inventory
- See also:Condition ReportFurnished
- Is shortlet legal in Lagos?FAQ
- Shortlet rentals are permitted in Lagos, but landlords and operators must comply with applicable estate rules, tax obligations, and any local licensing requirements. Read more about Is shortlet legal in Lagos?
- See also:ShortletServiced Apartment
- IslandLOCATION
- The islands of Lagos including Lagos Island, Victoria Island, Ikoyi, and Lekki, traditionally associated with higher rents. Read more about Island
- See also:MainlandHighbrow Area
J
- Joint TenancyTENANCY
- An arrangement where two or more tenants occupy and share responsibility for the same rented property. Read more about Joint Tenancy
- See also:Co-TenantTenancy Agreement
K
- Key CollectionPROCESS
- The step where the incoming tenant receives the keys, codes, or access devices required to enter the property. Read more about Key Collection
- See also:HandoverMove-In
- KYC (Know Your Customer)TRUST SIGNAL
- Identity verification using NIN, BVN, and a liveness check. All Users must complete KYC before transacting on BERLVIS SPACES. Read more about KYC (Know Your Customer)
- See also:NINVerification Badge
- KYC TierTRUST SIGNAL
- A graded level of identity verification (Tier 1, 2, or 3) determining the limits and features available to a user on a financial or rental platform. Read more about KYC Tier
- See also:KYCBVN
L
- Land Use ActLEGAL
- The 1978 Nigerian federal law that vests all urban land in each state Governor, who issues rights of occupancy. It is the foundation for the Certificate of Occupancy system. Read more about Land Use Act
- See also:C of OGovernor's Consent
- Land Use ChargeLEGAL
- A government-imposed property-related charge that may apply to landowners depending on local regulations and location. Read more about Land Use Charge
- See also:LandlordProperty Tax
- LandlordROLE
- The person or entity that grants occupancy rights over a property or space in exchange for rent and agreed conditions. Read more about Landlord
- See also:TenantProperty Owner
- Late PaymentPAYMENT
- A payment made after the due date, sometimes attracting penalties or affecting trust and compliance records. Read more about Late Payment
- See also:ArrearsDefault
- LeaseLEGAL
- A formal agreement granting a tenant the right to occupy and use a property for a defined period under stated terms. Read more about Lease
- See also:Tenancy AgreementRent
- Lease RenewalPROCESS
- The process of extending or continuing occupancy after the original lease or tenancy term is nearing expiry. Read more about Lease Renewal
- See also:Renewal NoticeSubsequent Rent
- Legal FeeFEE
- A charge associated with preparing, reviewing, or formalizing tenancy-related legal documentation. Read more about Legal Fee
- See also:Agreement FeeTenancy Agreement
- Letter of AdministrationLEGAL
- A court-issued document granting named persons authority to manage the estate of someone who died without a will, including any real property they owned. Read more about Letter of Administration
- See also:Family HousePower of Attorney
- LGA (Local Government Area)LOCATION
- A Nigerian administrative area used to describe and filter property locations more precisely than state alone. Read more about LGA (Local Government Area)
- See also:StateAddressN-Code
- Listing PricePRICING
- The rent or amount displayed publicly on a property listing before negotiation or additional fees are considered. Read more about Listing Price
- See also:Asking RentProperty Listing
M
- MainlandLOCATION
- The portion of Lagos connected to the continental landmass, including areas such as Yaba, Ikeja, Surulere, and Magodo. Read more about Mainland
- See also:IslandSuburb
- MaintenancePROPERTY
- Work required to keep a property, unit, or facility in functional and acceptable condition during its useful life. Read more about Maintenance
- See also:RepairsFacility Manager
- Maintenance RequestPROCESS
- A formal report from an occupant about a defect, repair issue, or operational problem that needs attention. Read more about Maintenance Request
- See also:RepairsSupport Ticket
- Managed PropertyPLATFORM
- A property whose operational oversight, rent flow, compliance, or tenant coordination is handled through a structured management process. Read more about Managed Property
- See also:Property ManagerFully Managed
- Mid-Range AreaLOCATION
- A neighborhood with moderate rent levels and a mix of formal estates and older buildings. Read more about Mid-Range Area
- See also:SuburbHighbrow Area
- Mini FlatPROPERTY
- A small self-contained apartment, usually with a bedroom, living area, kitchen space, and private bathroom. Read more about Mini Flat
- See also:Self ContainFlat
- Mixed UsePROPERTY
- A property or development combining residential and commercial uses within one building or site. Read more about Mixed Use
- See also:Commercial PropertyResidential Property
- Monthly RentPAYMENT
- Rent structured to be paid each month instead of annually or for another longer cycle. Read more about Monthly Rent
- See also:Annual RentRent
- Monthly TenancyTENANCY
- A tenancy where rent is paid monthly and either party may terminate with one month's notice unless otherwise agreed. Read more about Monthly Tenancy
- See also:Monthly RentYearly Tenancy
- Mortgageable TitleLEGAL
- A property title status showing the asset is sufficiently documented to be considered for secured financing. Read more about Mortgageable Title
- See also:C of ODeed of Assignment
- Move-InPROCESS
- The point at which the tenant physically takes possession and begins occupancy of the rented property. Read more about Move-In
- See also:HandoverMove-In Code
- Move-In CodeFEATURE
- A 6-character code generated when a tenancy is created. The tenant must present this code to the landlord on move-in for the landlord to release rent funds from escrow. Valid for 72 hours. Read more about Move-In Code
- See also:Escrow72 Hour Protection
- Move-OutPROCESS
- The process of ending occupancy, returning access tools, and confirming the state of the property before exit. Read more about Move-Out
- See also:Clearance CodeCondition Report
N
- N-CodeARCHITECTURE
- A unique national address code generated for every property listed on BERLVIS SPACES, derived from the property's state, LGA, street, and unit. The N-Code is the canonical reference for the property across the platform. Read more about N-Code
- See also:National Address Database
- NIN (National Identification Number)TRUST SIGNAL
- A unique 11-digit number issued by the National Identity Management Commission to every registered Nigerian, used widely for KYC and government services. Read more about NIN (National Identification Number)
- See also:BVNKYC
- Notice to QuitLEGAL
- A formal written notice from landlord to tenant (or vice versa) requiring the tenant to vacate at the end of the notice period prescribed by law or contract. Read more about Notice to Quit
- See also:Quit Notice7-Day Owner's Intention Notice
O
- OccupancyLEGAL
- The actual possession or use of a property by a person or entity under a lawful arrangement. Read more about Occupancy
- See also:LeaseTenancy
- OfferPROCESS
- A proposed set of terms by which a tenant expresses interest in taking a listed property or space. Read more about Offer
- See also:Asking RentNegotiation
- Office SpacePROPERTY
- A commercial unit configured for administrative, professional, or business operations. Read more about Office Space
- See also:Commercial PropertyShop
- Omo-OnileLEGAL
- A colloquial Nigerian term for members of a landowning family who claim or collect informal dues on land transactions, especially in Lagos and the South-West. Buyers and tenants should verify titles to avoid disputes. Read more about Omo-Onile
- See also:Family HouseFamily ReceiptLand Use Act
- Operational FrameworkARCHITECTURE
- The first of BERLVIS SPACES' two structural layers. Encompasses all product features that make the rental process function: rent collection, automatic receipts, KYC, dashboards, escrow protection, move-in codes, condition reports, dispute resolution, and wallet management. Read more about Operational Framework
- See also:Social BridgeTwo-Structure Architecture
- Outstanding BalancePAYMENT
- Any unpaid amount still owed on rent, fees, utilities, or related obligations. Read more about Outstanding Balance
- See also:ArrearsDue Date
P
- Parking SpacePROPERTY
- A designated area allocated for a vehicle within a property, compound, or estate. Read more about Parking Space
- See also:AmenitiesCommon Area
- Payment PlanPAYMENT
- A structured schedule showing how a tenant will settle rent or fees over time where flexible arrangements are allowed. Read more about Payment Plan
- See also:InstallmentRent
- Payment Protection Fee (PPF)FEE
- A tiered fee (₦500–₦5,000) paid by tenants on each rent transaction. Covers the digital receipt, escrow protection, and access to the dispute resolution centre. Read more about Payment Protection Fee (PPF)
- See also:EscrowDigital Receipt
- PenthousePROPERTY
- A premium apartment occupying the top floor of a building, often with private terraces and upgraded finishes. Read more about Penthouse
- See also:ApartmentServiced Apartment
- PossessionLEGAL
- Practical control over a property, especially after lawful transfer, move-in confirmation, or court-backed recovery. Read more about Possession
- See also:OccupancyEviction
- Power of AttorneyLEGAL
- A legal instrument authorizing one party to act on behalf of another in defined matters, including signing or managing property transactions. Read more about Power of Attorney
- See also:Deed of AssignmentWitness
- PrequalificationPROCESS
- An early-stage assessment of whether a prospective tenant meets basic requirements before full onboarding or payment. Read more about Prequalification
- See also:ScreeningVerification
- Pro-Rated RentPAYMENT
- Rent calculated for a partial month or period when a tenancy starts or ends mid-cycle. Read more about Pro-Rated Rent
- See also:Monthly RentAnnual Rent
- Property ManagerROLE
- A person or company appointed to oversee letting, rent collection, maintenance coordination, and operational issues for a property. Read more about Property Manager
- See also:Facility ManagerLandlord
- Property OwnerROLE
- The legal owner of a property or a party entitled to let it out under a valid interest. Read more about Property Owner
- See also:LandlordHomeowner
- Property TypeSEARCH
- The classification of a property, such as residential, commercial, flat, duplex, room, or office. Read more about Property Type
- See also:FiltersHousing Type
- Property VerificationTRUST SIGNAL
- A review process confirming that a property listing is real, documented, and suitable for publication or transaction. Read more about Property Verification
- See also:Verification StatusVerified Property
- Property ViewingPROCESS
- A site visit arranged for a prospective tenant to inspect the location, condition, and suitability of a property. Read more about Property Viewing
- See also:InspectionInspection Fee
Q
- Quit NoticeLEGAL
- A statutory or contractual notice requiring a tenant to deliver up possession at the end of a tenancy period or after breach. Read more about Quit Notice
- See also:EvictionRecovery of Premises
R
- Receipt NumberPAYMENT
- A unique reference assigned to a successful payment receipt for audit, proof, and retrieval purposes. Read more about Receipt Number
- See also:Digital ReceiptPayment Reference
- Recovery of PremisesLEGAL
- The legal process by which a landlord seeks to repossess a property from a tenant in accordance with applicable law. Read more about Recovery of Premises
- See also:Quit NoticeEviction
- RefundablePAYMENT
- A payment or charge that may be returned if specified conditions are met and no deductions are justified. Read more about Refundable
- See also:Caution FeeDeposit
- Refundable DepositPAYMENT
- A sum collected at move-in and returned at move-out, less any agreed deductions for damage or unpaid obligations. Read more about Refundable Deposit
- See also:Caution FeeSecurity Deposit
- Renewal NoticePROCESS
- Communication issued before tenancy expiry to indicate whether rent will be renewed, revised, or terminated. Read more about Renewal Notice
- See also:Lease RenewalSubsequent Rent
- RentPAYMENT
- The agreed amount paid by a tenant for the right to occupy and use a property or space for a defined period. Read more about Rent
- See also:Annual RentMonthly Rent
- Rent Control EdictLEGAL
- Historical Nigerian state laws that capped rent and regulated tenancy terms. Many have been replaced by tenancy laws, but the term is still used in older agreements. Read more about Rent Control Edict
- See also:Tenancy Law of Lagos 2011Rent Review
- Rent DefaultPAYMENT
- Failure to pay rent in full or on time in accordance with the tenancy agreement. Read more about Rent Default
- See also:ArrearsDefault
- Rent ReviewPRICING
- A reassessment of rent amount, usually at renewal or after market changes, subject to law and agreement. Read more about Rent Review
- See also:Subsequent RentRenewal Notice
- Rental HistoryTRUST SIGNAL
- A record of a user’s previous rental behavior, payment patterns, disputes, and occupancy outcomes. Read more about Rental History
- See also:Berlvis ScoreTenant Screening
- Reservation FeeFEE
- An amount paid to temporarily hold a property or space while documentation or final payment is being completed. Read more about Reservation Fee
- See also:DepositOffer
- Residential PropertyPROPERTY
- Property intended primarily for living or dwelling purposes rather than business use. Read more about Residential Property
- See also:Commercial PropertyFlat
- ReversalPAYMENT
- The return of a payment to its sender, either automatically due to failure or after a dispute or refund. Read more about Reversal
- See also:ChargebackAuto-Refund
- Room and ParlourPROPERTY
- A common Nigerian housing type consisting mainly of one bedroom and one living room, with kitchen and bathroom arrangements varying by layout. Read more about Room and Parlour
- See also:Mini FlatSelf Contain
S
- Saved SearchPLATFORM
- A stored set of filters that re-runs on demand or notifies the user when new matching listings are published. Read more about Saved Search
- See also:Digital ListingBudget Range
- ScreeningPROCESS
- The review of a prospective tenant’s identity, affordability, references, and suitability before approval. Read more about Screening
- See also:KYCGuarantor
- SecurityPROPERTY
- Measures used to protect residents, assets, and access, including guards, gates, logs, surveillance, and controlled entry. Read more about Security
- See also:Gated EstateAccess Control
- Security DepositFEE
- A sum held against possible damages, unpaid bills, or contractual breaches and assessed at the end of occupancy. Read more about Security Deposit
- See also:Caution FeeRefundable
- Security LevyFEE
- A recurring charge for shared security services such as guards, gates, and surveillance on an estate or compound. Read more about Security Levy
- See also:Service ChargeGated Estate
- Self ContainPROPERTY
- A compact residential unit with private toilet and bathroom, usually arranged for single occupancy or a small household. Read more about Self Contain
- See also:Mini FlatRoom and Parlour
- Semi FurnishedPROPERTY
- A unit supplied with some furniture or fittings, but not fully equipped for turnkey occupancy. Read more about Semi Furnished
- See also:FurnishedUnfurnished
- Semi-DetachedPROPERTY
- A pair of houses sharing one common wall, each with its own entrance and compound. Read more about Semi-Detached
- See also:DetachedTerrace
- Service ChargeFEE
- A recurring charge covering shared services such as cleaning, lighting, waste disposal, water systems, and security in common areas. Read more about Service Charge
- See also:Estate DuesCommon Area
- Serviced ApartmentPROPERTY
- A furnished apartment let with utilities, cleaning, and sometimes hospitality services included in the rent. Read more about Serviced Apartment
- See also:FurnishedShortlet
- SettlementPAYMENT
- The final transfer of funds from a payment processor to the recipient's bank account after a transaction clears. Read more about Settlement
- See also:Bank TransferWallet
- Shared ApartmentPROPERTY
- An apartment occupied by two or more unrelated tenants who share common areas while paying for their own rooms. Read more about Shared Apartment
- See also:Co-LivingJoint Tenancy
- Shell SpacePROPERTY
- A commercial or unfinished space delivered without complete internal finishes, allowing the occupier to fit it out. Read more about Shell Space
- See also:Fit-OutCommercial Property
- ShopPROPERTY
- A small commercial unit used for retail trade, often within a market, plaza, or street-facing building. Read more about Shop
- See also:Commercial PropertyOffice Space
- ShortletTENANCY
- A furnished accommodation arrangement offered for short stays, often charged daily, weekly, or monthly. Read more about Shortlet
- See also:FurnishedBooking
- Single RoomPROPERTY
- A single rented room within a house, typically sharing kitchen and bathroom with other occupants. Read more about Single Room
- See also:Face-Me-I-Face-YouSelf Contain
- Smart LockFEATURE
- A digital lock that can be opened with a code, app, or token, enabling remote and time-bound access to a property. Read more about Smart Lock
- See also:Move-In CodeKey Collection
- Social BridgeARCHITECTURE
- The second structural layer of BERLVIS SPACES. Refers to the platform's deliberate redesign of the social relationship between landlords and tenants, collapsing both roles into a single unified user class with equal standing, documentation, and protection. Read more about Social Bridge
- See also:Operational FrameworkUser
- SpacePROPERTY
- An individual rentable unit within a larger property, such as a room, shop, office suite, or floor-based subdivision. Read more about Space
- See also:PropertyUnit
- Space StatusPLATFORM
- The current letting condition of a space, such as vacant, reserved, occupied, or unavailable. Read more about Space Status
- See also:VacantOccupied
- Stamp DutyFEE
- A government tax payable on certain legal documents such as tenancy agreements and deeds. Stamping makes the document admissible as evidence in court. Read more about Stamp Duty
- See also:Tenancy AgreementLegal Fee
- Statutory TenancyTENANCY
- A tenancy that continues by law after the original contractual term has ended, until validly terminated by the landlord through proper notice. Read more about Statutory Tenancy
- See also:Holdover TenantQuit Notice
- Studio ApartmentPROPERTY
- A self-contained unit where the living, sleeping, and cooking spaces share one open room, with a separate bathroom. Read more about Studio Apartment
- See also:Self ContainMini Flat
- SublettingLEGAL
- A situation where a tenant rents all or part of a property to another occupant, usually requiring prior approval. Read more about Subletting
- See also:AssignmentJoint Tenancy
- Subsequent RentPAYMENT
- The rent payable from the second cycle onward after the first-year or initial promotional pricing has ended. Read more about Subsequent Rent
- See also:First-Year RentRent Review
- SuburbLOCATION
- A residential area on the outskirts of a major city, typically more affordable and less congested than the urban core. Read more about Suburb
- See also:MainlandMid-Range Area
- Survey PlanLEGAL
- A technical document showing the dimensions, boundaries, and location details of land or property. Read more about Survey Plan
- See also:C of OTitle Documents
T
- TenancyLEGAL
- The legal or practical relationship created when a tenant occupies a property under agreed terms for a specified period. Read more about Tenancy
- See also:LeaseRent
- Tenancy AgreementLEGAL
- The document setting out the rights, responsibilities, term, rent, notices, and house rules governing a rental arrangement. Read more about Tenancy Agreement
- See also:LeaseAgreement Fee
- Tenancy Law of Lagos 2011LEGAL
- The principal Lagos State law regulating residential tenancies, covering rent, notices to quit, recovery of premises, and prohibited practices. Read more about Tenancy Law of Lagos 2011
- See also:Quit NoticeRecovery of Premises
- TenantROLE
- A person or entity granted the right to occupy a property or space in exchange for rent and compliance with agreed terms. Read more about Tenant
- See also:LandlordTenancy
- Tenant ScreeningPROCESS
- A structured review of a prospective tenant’s identity, affordability, references, and risk before approval. Read more about Tenant Screening
- See also:ScreeningGuarantorKYC
- TerracePROPERTY
- A row of identical or near-identical houses sharing side walls, typically built within an estate. Read more about Terrace
- See also:Semi-DetachedDetached
- Title DocumentsLEGAL
- The collection of documents used to establish ownership, transfer history, or legal interest in a property. Read more about Title Documents
- See also:C of ODeed of AssignmentSurvey Plan
- To LetMARKETING
- A listing or notice indicating that a property or space is currently available for rent. Read more about To Let
- See also:VacantProperty Listing
- Trust BadgeTRUST SIGNAL
- A visible signal showing that a property, landlord, or process has passed defined verification or quality checks. Read more about Trust Badge
- See also:Verification BadgeVerified Property
- Two-Structure ArchitectureARCHITECTURE
- The conceptual framework describing how BERLVIS SPACES operates simultaneously as a practical tool (Operational Framework) and as a social redesign mechanism (Social Bridge). The primary differentiator from existing Nigerian proptech platforms. Read more about Two-Structure Architecture
- See also:Operational FrameworkSocial Bridge
U
- UnfurnishedPROPERTY
- A property offered without major furniture, leaving the occupant to provide most movable items. Read more about Unfurnished
- See also:FurnishedSemi Furnished
- UnitPROPERTY
- A single identifiable rentable section of a property, such as a room, flat, office, or shop. Read more about Unit
- See also:SpaceApartment
- UserPLATFORM
- The universal term for any person with a verified BERLVIS SPACES account, regardless of whether they are operating as a landlord or a tenant at any given moment. Every person joins as a User; roles emerge from actions. Read more about User
- See also:LandlordTenantRole
- USSD PaymentPAYMENT
- A payment initiated by dialing a short code on a mobile phone, allowing transfers without a smartphone or internet connection. Read more about USSD Payment
- See also:Bank TransferWallet
- UtilitiesPROPERTY
- Essential service inputs such as electricity, water, waste disposal, and sometimes internet or gas provision. Read more about Utilities
- See also:Service ChargeOutstanding Balance
V
- VacantPROPERTY
- A property or space that is currently unoccupied and available for inspection, reservation, or tenancy. Read more about Vacant
- See also:To LetSpace Status
- Verification BadgeTRUST SIGNAL
- A status marker showing that a user or property has completed required checks and meets platform verification standards. Read more about Verification Badge
- See also:KYCProperty Verification
- Verification QueuePLATFORM
- The admin review pipeline where submitted properties or records wait for approval, rejection, or further checks. Read more about Verification Queue
- See also:Property VerificationVerification Status
- Verification StatusPLATFORM
- The current review state of a property or account, such as draft, pending, verified, or rejected. Read more about Verification Status
- See also:Property VerificationVerified Property
- Verified ListingTRUST SIGNAL
- A property listing whose title documents, ownership, and physical address have been checked by the platform. Read more about Verified Listing
- See also:Verification BadgeTrust Badge
- Verified PropertyTRUST SIGNAL
- A property listing that has passed required review checks and is approved for public discovery and trusted transactions. Read more about Verified Property
- See also:Verification StatusExplore
- Virtual AccountPAYMENT
- A unique bank account number issued to a user or transaction for the sole purpose of receiving funds that are then routed to a master account. Read more about Virtual Account
- See also:Bank TransferWallet
- Virtual TourMARKETING
- A digital visual walkthrough of a property using video, panoramic media, or interactive imagery. Read more about Virtual Tour
- See also:Property ViewingPhotos
W
- WaiverLEGAL
- A voluntary decision to forgo a particular right, fee, or requirement, usually when expressly documented. Read more about Waiver
- See also:AgreementNotice
- WalkthroughPROCESS
- A guided inspection of a property to review layout, condition, inventory, and readiness for occupancy. Read more about Walkthrough
- See also:InspectionCondition Report
- WalletPLATFORM
- A user balance held on the BERLVIS SPACES platform that can receive payments, hold escrow, and be withdrawn to a verified bank account. Read more about Wallet
- See also:Withdrawal FeeEscrow
- WardLOCATION
- A smaller administrative or civic area sometimes used alongside street, LGA, and state in Nigerian addresses. Read more about Ward
- See also:LGAAddress
- WarehousePROPERTY
- A large commercial structure used for storing goods, raw materials, or distribution. Read more about Warehouse
- See also:Commercial PropertyMixed Use
- What does Omo-Onile mean?FAQ
- Omo-Onile literally means "child of the landowner". In Nigerian land transactions it refers to members of a landowning family who often demand informal dues during sales or construction. Read more about What does Omo-Onile mean?
- See also:Omo-OnileFamily Receipt
- What is agency fee in Nigeria?FAQ
- Agency fee is a charge paid to a property agent or platform for finding a tenant a home. In Nigeria it is typically 10 percent of the annual rent and is paid in addition to the rent itself. Read more about What is agency fee in Nigeria?
- See also:Agency FeeCommission
- Withdrawal FeeFEE
- A small charge applied when a user moves funds out of their platform wallet to a bank account. Read more about Withdrawal Fee
- See also:WalletBank Transfer
- WitnessLEGAL
- A person who observes the signing of an agreement and may attest that the execution was properly made. Read more about Witness
- See also:Tenancy AgreementLegal Fee
Y
- Yearly TenancyTENANCY
- A tenancy where rent is paid and renewed on an annual cycle, common in Nigerian residential lettings. Read more about Yearly Tenancy
- See also:Annual RentMonthly Tenancy