Commercial Real Estate Lease Agreement Template for Nigeria

1. Fit-out Works: Details of any initial modifications or improvements to be made to the premises, including approvals process and specifications

2. Break Clause: Option for either party to terminate the lease early under specific conditions

3. Force Majeure: Provisions for unforeseen circumstances that may affect the lease obligations

4. Environmental Provisions: Specific environmental obligations and compliance requirements, particularly relevant for industrial or specialized commercial use

5. Building Management: Additional provisions relating to building management rules and regulations for multi-tenant buildings

6. Signage Rights: Provisions regarding external and internal signage rights and restrictions

7. Parking: Specific provisions for parking allocation and management

8. Common Areas: Detailed provisions regarding use and maintenance of common areas in multi-tenant properties

9. Green Lease Provisions: Environmental sustainability requirements and energy efficiency obligations

10. Change in Control: Provisions dealing with change in control of corporate tenants

1. Property Description: Detailed description of the leased premises, including floor plans and measurements

2. Rent Schedule: Detailed breakdown of rent payments, including any graduated increases

3. Service Charge Schedule: Detailed list of services covered and cost allocation methodology

4. Condition Report: Detailed report on the condition of the premises at the start of the lease

5. Fit-out Specifications: Technical specifications for any approved fit-out works

6. Building Rules and Regulations: Detailed building rules and regulations for multi-tenant properties

7. Insurance Requirements: Detailed insurance requirements for both parties

8. Permitted Use Details: Detailed description of permitted business activities and any restrictions

9. Maintenance Schedule: Detailed breakdown of maintenance responsibilities between landlord and tenant

10. Handback Conditions: Detailed specifications for the condition in which the property must be returned