Document background
The Sublease Agreement is a crucial legal instrument in Nigerian property law that facilitates the transfer of leasehold interests from an existing tenant to a new occupant. This document is essential when a tenant wishes to transfer their leasehold rights temporarily while maintaining their original tenancy. It must comply with Nigerian federal and state property laws, including the Land Use Act and relevant state-specific regulations. The agreement should be used when a tenant needs to sublease their rented space, whether for commercial or residential purposes, and requires careful consideration of the master lease terms, landlord's consent, and local property regulations. The document typically includes detailed provisions for rent payment, maintenance responsibilities, permitted use, and termination conditions, all while ensuring that the sublessee's rights and obligations are clearly defined without compromising the sublessor's obligations under the master lease.
