Commercial Rental Agreement Template for Nigeria

1. Break Clause: Optional early termination provisions, used when parties want flexibility to end the lease early

2. Rent Review: Provisions for periodic rent adjustments, used in longer-term leases

3. Alterations and Improvements: Terms for making changes to the premises, used when tenant may need to modify the space

4. Environmental Provisions: Specific environmental obligations, used for properties with environmental concerns

5. Operating Hours: Restrictions on business hours, used in multi-tenant buildings or restricted zones

6. Signage Rights: Terms for external and internal signage, used in retail or branded premises

7. Parking: Allocation and rules for parking spaces, used when parking is available

8. Force Majeure: Provisions for unforeseen circumstances, used in areas prone to disruptions

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

2. Schedule 2: Inventory: List of fixtures, fittings, and equipment included in the lease

3. Schedule 3: Service Charge Items: Detailed breakdown of service charge components and calculations

4. Schedule 4: Building Rules: Rules and regulations for use of the premises and common areas

5. Schedule 5: Condition Report: Initial condition of the premises with photographs

6. Appendix A: Fit-out Specifications: Approved plans and specifications for any initial fit-out works

7. Appendix B: Required Licenses: List of required business and operation licenses

8. Appendix C: Environmental Compliance: Environmental certificates and compliance requirements