Commercial Tenancy Agreement Template for Nigeria

1. Fit-out Works: Details of any initial modifications or improvements to be made before occupation

2. Break Clause: Optional early termination provisions if agreed between parties

3. Rent Review: Mechanism for periodic rent adjustments if lease term exceeds typical market review periods

4. Force Majeure: Provisions for unforeseen circumstances preventing performance of obligations

5. Environmental Provisions: Specific environmental obligations and compliance requirements

6. Option to Renew: Terms for extending the lease beyond its initial term

7. Guarantor Provisions: Where a guarantor is required to secure tenant obligations

8. Special Use Restrictions: Any specific limitations on use of the premises beyond standard commercial use

9. Service Level Agreement: Detailed service provisions for high-end commercial properties

1. Property Description: Detailed description of the leased premises including floor plans and measurements

2. Rent Payment Schedule: Detailed breakdown of rent payments and escalation calculations

3. Service Charge Budget: Estimated annual service charges and calculation method

4. Building Rules and Regulations: Specific rules governing the use of the building and common areas

5. State of Condition Report: Detailed report on the condition of the premises at lease commencement

6. Permitted Alterations: List of pre-approved alterations tenant may make

7. Insurance Requirements: Detailed insurance specifications for both parties

8. Fit-out Specifications: Technical specifications for any agreed fit-out works

9. Utilities and Services Matrix: Detailed breakdown of responsibility for various utilities and services