Tenancy Deed

Tenancy Deed Template for Nigeria

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Key Requirements PROMPT example:

"I need a Tenancy Deed for a commercial property in Lagos, Nigeria, starting from March 1, 2025, with a 5-year term and an option to renew for another 3 years; the property will be used as a retail store with specific requirements for signage and store modifications."

Document background

The Tenancy Deed is a fundamental legal instrument in Nigerian property law, essential for formalizing rental arrangements across residential, commercial, and industrial properties. This document is required whenever a property owner (landlord) agrees to grant possession of their property to another party (tenant) for a specified period in exchange for rent. The deed must comply with the Land Use Act 1978, relevant state-specific tenancy laws, and the Recovery of Premises Act, among other regulations. It typically includes detailed provisions on rent, maintenance obligations, permitted use, termination rights, and dispute resolution mechanisms. The document serves as crucial evidence of the parties' rights and obligations, providing legal protection for both landlord and tenant while ensuring compliance with Nigerian property and contract law requirements.

Suggested Sections

1. Parties: Identification and details of the Landlord and Tenant, including full legal names, addresses, and contact information

2. Background: Brief context of the tenancy arrangement and property ownership status

3. Definitions: Definitions of key terms used throughout the deed

4. Property Description: Detailed description of the leased premises, including address and specific areas included/excluded

5. Term of Tenancy: Duration of the lease, commencement date, and termination date

6. Rent and Payment Terms: Rent amount, payment frequency, method of payment, and due dates

7. Security Deposit: Amount, terms of holding, and conditions for refund of security deposit

8. Utilities and Services: Responsibility for payment of utilities, services, and maintenance

9. Tenant's Obligations: Comprehensive list of tenant's responsibilities and obligations

10. Landlord's Obligations: Comprehensive list of landlord's responsibilities and obligations

11. Repairs and Maintenance: Responsibilities for repairs and maintenance of the property

12. Use of Premises: Permitted use of the property and restrictions

13. Notice Requirements: Notice periods and procedures for various communications

14. Termination: Grounds and procedures for termination of the tenancy

15. Governing Law: Specification of Nigerian law as governing law and relevant jurisdiction

16. Execution: Signature blocks and attestation requirements

Optional Sections

1. Sub-letting: Terms regarding sub-letting rights and procedures, included when sub-letting is to be permitted

2. Alterations and Improvements: Terms regarding modifications to the property, included for longer-term leases

3. Insurance: Insurance requirements for both parties, included for high-value properties or commercial tenancies

4. Force Majeure: Provisions for unforeseen circumstances, included for longer-term or commercial leases

5. Option to Renew: Terms for lease renewal, included when renewal options are offered

6. Break Clause: Provisions for early termination, included when early termination rights are granted

7. Guarantor: Details and obligations of any guarantor, included when a guarantor is required

8. Special Conditions: Any unique terms specific to the property or arrangement

Suggested Schedules

1. Schedule 1 - Property Inventory: Detailed inventory of furnishings and fittings included in the tenancy

2. Schedule 2 - Property Condition Report: Detailed description of property condition at commencement of tenancy

3. Schedule 3 - House Rules: Specific rules and regulations for the property or building

4. Schedule 4 - Service Charges: Breakdown of any additional service charges or maintenance fees

5. Appendix A - Floor Plan: Floor plan or layout of the property

6. Appendix B - Photographs: Photographic evidence of property condition

Authors

Alex Denne

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

alex.den.21@genieai.co

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Real Estate

Residential Property

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Retail

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Education

Healthcare

Professional Services

Manufacturing

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Legal

Real Estate

Facilities Management

Operations

Administration

Compliance

Property Management

Asset Management

Risk Management

Finance

Relevant Roles

Property Manager

Real Estate Agent

Legal Counsel

Facilities Manager

Property Administrator

Lease Administrator

Contract Manager

Estate Manager

Housing Officer

Compliance Officer

Real Estate Director

Asset Manager

Property Developer

Building Manager

Operations Manager

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Authors

Alex Denne

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