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1. Parties: Identifies and provides full details of the landlord/property owner and tenant(s), including their legal names, addresses, and contact information
2. Background: Sets out the context of the agreement, including reference to the existing lease or tenancy agreement and the mutual decision to terminate
3. Definitions: Defines key terms used throughout the agreement to ensure clarity and prevent misinterpretation
4. Vacation Date: Specifies the exact date and time by which the premises must be vacated
5. Condition of Premises: Details the required condition in which the premises must be left, including cleaning requirements and repair obligations
6. Return of Keys: Specifies the process and timing for returning all keys, access cards, and security devices
7. Security Deposit: Outlines the process for the return of the security deposit, including deductions if applicable
8. Final Bills and Utilities: Addresses responsibility for final utility payments and the process for transferring or terminating utility accounts
9. Release of Obligations: Details the mutual release of future obligations under the original lease agreement
10. Governing Law: Specifies that the agreement is governed by Nigerian law and identifies the relevant jurisdiction
11. Entire Agreement: Confirms that this document represents the complete agreement between the parties regarding the vacation of premises
1. Forwarding Address: Required when the tenant needs to provide a forwarding address for future correspondence or deposit return
2. Early Termination Fee: Included when there is a fee associated with vacating before the original lease end date
3. Property Inspection: Details the arrangement for final inspection when specific inspection procedures are required
4. Abandoned Property: Addresses the handling of any property left behind by the tenant
5. Rent Proration: Required when the vacation date falls mid-month and rent needs to be prorated
6. Outstanding Repairs: Included when there are specific repairs or maintenance issues that need to be addressed before vacating
7. Reference Provision: Optional section regarding the provision of tenant references by the landlord
1. Schedule A - Property Details: Detailed description of the premises including address and any included fixtures or fittings
2. Schedule B - Inspection Checklist: Checklist for final inspection of the premises condition
3. Schedule C - Security Deposit Calculation: Breakdown of any deductions from the security deposit
4. Appendix 1 - Photographic Evidence: Photos documenting the condition of the property at the time of vacation
5. Appendix 2 - Utility Account Details: List of utility accounts and their status
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