Document background
The Contract for Use of Property is essential for establishing legally binding arrangements for property usage in Nigeria. This document is typically used when an owner wishes to grant another party the right to use their property without transferring ownership or creating a traditional lease arrangement. It's particularly relevant in commercial contexts, temporary usage scenarios, or situations requiring flexible property arrangements. The agreement must comply with Nigerian property law, including the Land Use Act 1978 and relevant state regulations. It addresses key aspects such as usage rights, term duration, payment terms, maintenance responsibilities, and compliance requirements. This type of contract is commonly used for various purposes, including temporary commercial spaces, event venues, agricultural land use, and shared facility arrangements.
