Short Term Sublease Agreement Template for Nigeria

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Key Requirements PROMPT example:

Short Term Sublease Agreement

"I need a Short Term Sublease Agreement for a furnished office space in Lagos, Nigeria, starting March 1, 2025, for a 6-month period, with the option to extend for another 3 months and specific provisions for shared conference room facilities."

Document background
The Short Term Sublease Agreement is a vital legal instrument used in Nigerian property transactions when an existing tenant wishes to temporarily transfer their leasehold rights to another party. This document is particularly relevant in dynamic market conditions where flexibility in property arrangements is needed, such as temporary relocations, business expansions, or short-term space solutions. The agreement must comply with Nigerian property laws, including the Recovery of Premises Act and relevant state-specific legislation, while also respecting the terms of the head lease. It typically includes detailed provisions for rent payment, property maintenance, utilities, and the specific obligations of all parties involved. This document is essential for protecting the interests of both the sublessor and sublessee while maintaining transparency with the head landlord.
Suggested Sections

1. Parties: Identifies and provides full details of the sublessor and sublessee

2. Background: Explains the context of the sublease, including reference to the head lease

3. Definitions: Defines key terms used throughout the agreement

4. Grant of Sublease: Formal statement of the sublease grant and its term

5. Rent and Payment Terms: Specifies rent amount, payment schedule, and payment methods

6. Security Deposit: Details of security deposit amount, terms, and conditions for return

7. Permitted Use: Specifies allowed uses of the property under the sublease

8. Maintenance and Repairs: Outlines responsibilities for property maintenance and repairs

9. Utilities and Services: Specifies responsibility for utility payments and services

10. Sublessee Obligations: Lists key obligations and responsibilities of the sublessee

11. Sublessor Obligations: Lists key obligations and responsibilities of the sublessor

12. Head Lease Compliance: Requires compliance with head lease terms and conditions

13. Insurance: Specifies required insurance coverage and responsibilities

14. Termination: Details circumstances and procedures for ending the sublease

15. Governing Law: Specifies Nigerian law as governing law and jurisdiction

Optional Sections

1. Alterations and Improvements: Include when sublessee is permitted to make changes to the property

2. Assignment and Further Subletting: Include if further subletting or assignment rights are granted

3. Break Clause: Include if early termination options are available to either party

4. Parking: Include if parking spaces are part of the sublease

5. Common Areas: Include for properties with shared facilities or common areas

6. Furniture and Fixtures: Include if the property is being sublet furnished

7. Pet Policy: Include if pets are allowed or prohibited in the property

Suggested Schedules

1. Schedule 1 - Property Description: Detailed description of the subleased property including floor plans and boundaries

2. Schedule 2 - Head Lease: Copy or relevant excerpts of the head lease agreement

3. Schedule 3 - Inventory: List of furniture, fixtures, and equipment included in the sublease if furnished

4. Schedule 4 - Condition Report: Detailed report of property condition at commencement of sublease

5. Schedule 5 - House Rules: Building or complex rules and regulations if applicable

6. Appendix A - Payment Schedule: Detailed breakdown of rent payments and due dates

7. Appendix B - Utility Agreements: Copies of relevant utility transfer or payment arrangements

Authors

Alex Denne

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

Clauses
Relevant Industries

Real Estate

Commercial Property

Residential Property

Retail

Office Space

Industrial

Hospitality

Education

Healthcare

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Administration

Compliance

Property Management

Asset Management

Corporate Services

Relevant Roles

Property Manager

Real Estate Agent

Facilities Manager

Legal Counsel

Lease Administrator

Operations Manager

Asset Manager

Property Administrator

Compliance Officer

Real Estate Director

Tenant Relations Manager

Housing Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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