Memorandum Of Lease Agreement Template for Nigeria

1. Force Majeure: Provisions for unforeseen circumstances preventing performance of obligations

2. Environmental Compliance: Specific environmental obligations and compliance requirements, relevant for industrial or commercial properties

3. Alterations and Improvements: Terms for making changes to the property, relevant for commercial or long-term residential leases

4. Option to Renew: Terms for lease renewal, included when parties agree to potential extension

5. Right of First Refusal: Lessee's right to match any purchase offer, included when agreed between parties

6. Service Charge: Details of service charges and maintenance fees, relevant for commercial properties or managed residential complexes

7. Break Clause: Provisions allowing early termination under specific conditions

1. Schedule 1 - Property Description: Detailed description of the leased property including boundaries, plans, and fixtures

2. Schedule 2 - Rent Review Provisions: Detailed mechanisms and timing for rent reviews

3. Schedule 3 - Permitted Use: Specific details of how the property may be used

4. Schedule 4 - Property Condition Report: Detailed assessment of property condition at lease commencement

5. Schedule 5 - Building Rules and Regulations: Specific rules applicable to the property or building

6. Appendix A - Floor Plans: Detailed floor plans and property layouts

7. Appendix B - Inventory List: List of fixtures, fittings, and furnishings included in the lease