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1. Parties: Identification of the lessor and lessee with full legal names and addresses
2. Background: Context of the agreement including property ownership confirmation and intention to create an exclusive lease
3. Definitions: Definitions of key terms used throughout the agreement
4. Demise: formal grant of the lease and description of the property
5. Term and Commencement: Duration of the lease and start date
6. Rent and Payment Terms: Rent amount, payment schedule, and method of payment
7. Exclusivity Provisions: Specific terms of exclusivity including restricted activities and geographical scope
8. Tenant's Covenants: Lessee's obligations including maintenance, permitted use, and compliance with laws
9. Landlord's Covenants: Lessor's obligations including quiet enjoyment and maintenance responsibilities
10. Insurance Requirements: Insurance obligations for both parties
11. Assignment and Subletting: Restrictions and conditions for transfer of lease rights
12. Termination: Circumstances and procedures for ending the lease
13. Governing Law: Confirmation of Nigerian law governance and jurisdiction
14. Execution: Signature blocks and execution formalities
1. Service Charge: For commercial properties or multi-tenant buildings where additional charges apply
2. Alterations and Improvements: When specific renovations or modifications are contemplated
3. Environmental Provisions: For industrial or environmentally sensitive properties
4. Break Clause: When early termination options are desired
5. Force Majeure: For longer-term leases where unforeseen circumstances need specific handling
6. Security Deposit: When additional financial security is required
7. Utilities and Services: For properties where utility responsibilities need specific allocation
8. Option to Renew: When lease renewal terms are pre-agreed
1. Property Description Schedule: Detailed description of the leased premises including plans and measurements
2. Rent Schedule: Detailed breakdown of rent payments, including any stepped increases
3. Condition Report: Initial condition of the property at lease commencement
4. Permitted Use Schedule: Detailed description of allowed activities and exclusivity requirements
5. Service Charge Schedule: Breakdown of service charges and calculation method
6. Maintenance Schedule: Detailed allocation of maintenance responsibilities
7. Fixtures and Fittings: Inventory of included items and their condition
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