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1. Parties: Identifies the Assignor (current lessee), Assignee, and Landlord details
2. Background: Recitals explaining the existing lease details, intention to assign, and confirmation of landlord's consent
3. Definitions: Defines key terms used throughout the document including Property, Lease, Assignment Date, etc.
4. Assignment: Core clause transferring all rights, title and interest in the lease from Assignor to Assignee
5. Consideration: States the amount paid by the Assignee for the assignment
6. Assignor's Covenants: Warranties and representations by the Assignor regarding the lease status
7. Assignee's Covenants: Assignee's undertaking to comply with lease terms and indemnification of Assignor
8. Landlord's Consent: Confirmation of the Landlord's agreement to the assignment as required by Nigerian law
9. Registration: Requirements for registration at the relevant land registry
10. Stamp Duty: Provisions regarding payment of stamp duty and registration fees
11. Governing Law: Specifies Nigerian law as governing law and relevant jurisdiction
1. Outstanding Payments: Used when there are any rent arrears or outstanding payments to be addressed
2. Security Deposit Transfer: Include when there's an existing security deposit to be transferred or handled
3. Condition of Premises: Used when specific conditions of the property need to be documented at assignment
4. Break Clause: Include if there's a specific agreement about existing break clauses in the lease
5. Third Party Consents: Required when additional third party consents (beyond landlord) are needed
6. Service Charge Reconciliation: Used when there are outstanding service charge accounts to be settled
7. Existing Subleases: Include if there are any existing subleases that need to be addressed
1. Schedule 1 - The Property: Detailed description of the property including physical boundaries and any plans
2. Schedule 2 - The Lease: Copy or details of the original lease including date, parties, and key terms
3. Schedule 3 - Landlord's Consent: Formal consent document from the landlord
4. Schedule 4 - Rent and Other Payments: Details of current rent, service charges, and other financial obligations
5. Schedule 5 - Condition Report: Current condition of the property if relevant
6. Appendix A - Required Consents: Copies of all necessary consents and approvals
7. Appendix B - Registration Requirements: List of documents required for registration of the assignment
Assignment
Assignment Date
Assignor
Assignee
Completion Date
Consent
Effective Date
Encumbrances
Existing Lease
Governor's Consent
Land Registry
Landlord
Lease
Lease Period
Leased Premises
Outgoings
Parties
Permitted Use
Property
Registration Requirements
Rent
Security Deposit
Service Charges
Stamp Duty
Term
Title Documents
Transfer Date
Working Day
Consideration
Landlord's Consent
Registration
Stamp Duty
Representations and Warranties
Covenants
Indemnification
Property Condition
Outstanding Payments
Security Deposit
Service Charges
Insurance
Notices
Further Assurance
Severability
Entire Agreement
Governing Law
Jurisdiction
Force Majeure
Costs and Expenses
Compliance with Laws
Assignment and Transfer
Third Party Rights
Amendments
Counterparts
Successors and Assigns
Time of Essence
Waiver
Dispute Resolution
Real Estate
Retail
Commercial Property
Industrial
Manufacturing
Hospitality
Healthcare
Education
Professional Services
Banking and Finance
Technology
Telecommunications
Energy
Agriculture
Legal
Real Estate
Operations
Facilities Management
Compliance
Administration
Property Management
Asset Management
Risk Management
Corporate Services
Property Manager
Real Estate Manager
Facilities Manager
Legal Counsel
Corporate Lawyer
Real Estate Lawyer
Operations Director
Chief Operating Officer
Company Secretary
Compliance Officer
Asset Manager
Business Development Manager
Branch Manager
Regional Manager
Tenant Representative
Property Administrator
Lease Administrator
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