Rental Agreement For Bank Account Opening Template for Nigeria

1. Fit-Out Works: Details of any modifications needed to make the space suitable for banking operations, used when premises require renovation

2. Subletting and Assignment: Provisions regarding the right to sublet or assign the premises, included when such flexibility might be needed

3. Force Majeure: Provisions for unforeseen circumstances affecting banking operations, included in longer-term agreements

4. Environmental Compliance: Environmental responsibilities and compliance requirements, included for properties in environmentally sensitive areas

5. Signage Rights: Terms regarding installation and maintenance of banking signage, included when external branding is required

6. Extension Options: Terms for extending the rental agreement, included for strategic locations

7. Break Clause: Provisions allowing early termination under specific conditions, included when requested by either party

1. Schedule 1: Premises Plan: Detailed floor plan and measurements of the rented space

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

3. Schedule 3: Banking Compliance Requirements: Detailed CBN requirements for bank account opening premises

4. Schedule 4: Maintenance Schedule: Schedule of regular maintenance and cleaning requirements

5. Schedule 5: Security Specifications: Detailed security requirements for banking operations

6. Appendix A: Required Permits: Copies of necessary permits and licenses for banking operations

7. Appendix B: Insurance Requirements: Detailed insurance specifications and certificates

8. Appendix C: Fit-Out Guidelines: Technical specifications for any permitted modifications to the premises