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The Subletting Tenancy Agreement is a crucial legal document used in Nigeria when a primary tenant wishes to rent out all or part of their leased property to another tenant. This document is essential for protecting the rights and defining the obligations of all parties involved in the subletting arrangement. It must comply with Nigerian federal property laws and state-specific tenancy regulations, particularly regarding rent control, property recovery, and tenant rights. The agreement typically includes detailed terms about rent payment, duration, maintenance responsibilities, utility payments, and security deposits. It's commonly used in both residential and commercial contexts, requiring the original landlord's consent and often involving property managers or legal representatives to ensure proper execution. The document should be properly stamped according to the Stamp Duties Act and must align with local tenancy laws such as the Recovery of Premises Act and relevant state-specific tenancy regulations.

1. Parties: Identifies and provides full details of all parties involved: the original landlord, the tenant/sublessor, and the sublessee

2. Background: Outlines the existence of the primary lease and the tenant's right to sublet, including reference to the original lease agreement

3. Definitions: Defines key terms used throughout the agreement including Property, Term, Rent, Security Deposit, etc.

4. Grant of Sublease: Formal statement of the sublessor granting the sublease to the sublessee

5. Term of Sublease: Specifies the duration of the sublease, including start and end dates

6. Rent and Payment Terms: Details of rent amount, payment schedule, method of payment, and late payment penalties

7. Security Deposit: Specifies the amount, terms of holding, and conditions for return of the security deposit

8. Use of Property: Permitted uses of the property and any restrictions

9. Maintenance and Repairs: Responsibilities for property maintenance and repairs between all parties

10. Utilities and Services: Responsibility for utility payments and services

11. Access and Inspection: Rights of access for landlord, sublessor, and provisions for property inspection

12. Insurance: Insurance requirements for both sublessor and sublessee

13. Default and Remedies: Consequences of default and available remedies for all parties

14. Termination: Conditions and procedures for early termination of the sublease

15. Governing Law: Specifies Nigerian law as governing law and jurisdiction