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Notice Of Intent To Terminate Lease Template for Nigeria

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Key Requirements PROMPT example:

Notice Of Intent To Terminate Lease

"I need a Notice of Intent to Terminate Lease for my retail shop in Lagos, Nigeria, as I'm ending my 5-year commercial lease early due to business relocation, with the termination to be effective March 15, 2025."

Document background
The Notice of Intent to Terminate Lease is a fundamental document in Nigerian property law relationships, used when either a landlord or tenant wishes to formally end a lease agreement. This notice must be provided within the timeframe specified in the original lease agreement and in accordance with Nigerian property legislation, particularly the Recovery of Premises Act and state-specific tenancy laws. The document serves as official proof of intention to terminate and typically includes key information such as property details, parties involved, termination date, and notice period compliance. It's essential for maintaining clear communication between parties and protecting legal rights in both residential and commercial property contexts. The notice can be initiated for various reasons, including end of term, breach of contract, property sale, or personal use, and must be properly served to the other party to be legally effective.
Suggested Sections

1. Sender's Details: Full name and address of the party giving notice (tenant or landlord)

2. Date: The date when the notice is being issued

3. Recipient's Details: Full name and address of the party receiving the notice (landlord or tenant)

4. Property Identification: Complete address and description of the leased property

5. Lease Reference: Details of the existing lease agreement including its date and parties

6. Notice of Termination: Clear statement of intent to terminate the lease and the intended termination date

7. Notice Period Confirmation: Statement confirming that the notice period complies with the lease terms and applicable law

8. Signature Block: Space for signature, name, and date of the serving party

Optional Sections

1. Reason for Termination: Include when termination is due to breach of contract, renovation, personal use, or other specific reasons

2. Property Inspection: Include when proposing arrangements for final property inspection

3. Security Deposit: Include when addressing the return of security deposit

4. Outstanding Payments: Include when there are pending rent payments or utility bills to be addressed

5. Forwarding Address: Include when the terminating party is the tenant and needs to provide future contact details

6. Legal Authority Citation: Include when termination is based on specific legal provisions or court orders

Suggested Schedules

1. Proof of Service: Documentation showing how and when the notice was served to the other party

2. Copy of Original Lease: Attachment of the relevant lease agreement being terminated

3. Property Condition Photos: If relevant, current photographs of the property condition

4. Outstanding Payment Records: If applicable, documentation of any pending payments or bills

5. Court Orders: If termination is based on court proceedings, attach relevant court orders

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




















Clauses















Relevant Industries

Real Estate

Retail

Commercial Property

Residential Property

Industrial

Hospitality

Office Space

Manufacturing

Agriculture

Healthcare

Education

Warehousing

Shopping Centers

Restaurant and Food Service

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Property Management

Asset Management

Compliance

Administrative Services

Tenant Relations

Risk Management

Relevant Roles

Property Manager

Lease Administrator

Real Estate Manager

Facilities Manager

Legal Counsel

Property Lawyer

Estate Agent

Building Manager

Operations Manager

Tenant Relations Manager

Asset Manager

Property Administrator

Compliance Officer

Real Estate Director

Housing Officer

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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