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Deed Of Sub Lease

Deed Of Sub Lease Template for Nigeria

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Key Requirements PROMPT example:

Deed Of Sub Lease

"I need a Deed of Sub Lease for a commercial property in Lagos, Nigeria, where I want to sub-let two floors of my office building to a technology company for 3 years starting March 2025, with an option to extend for 2 additional years."

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Document background
The Deed of Sub Lease is essential in Nigerian property transactions where an existing tenant wishes to transfer part or all of their leasehold interest to another party while maintaining their relationship with the head landlord. This document is commonly used in commercial, industrial, and residential contexts where business needs or circumstances require flexible property arrangements. The deed must carefully balance the rights and obligations between all parties while ensuring compliance with Nigerian land law, particularly the Land Use Act 1978 and relevant state property legislation. It includes detailed provisions for rent, duration, property use, maintenance responsibilities, and other key terms, all of which must align with the head lease. The document is particularly important in urban areas where property sub-letting is common and requires formal documentation for legal protection and registration purposes.
Suggested Sections

1. Parties: Identification of the sub-lessor (current tenant) and sub-lessee, including full legal names and addresses

2. Background: Recitals explaining the head lease details, authority to sub-let, and context of the sub-lease arrangement

3. Definitions: Definitions of key terms used throughout the deed, including references to the head lease terms

4. Demise: The formal grant of the sub-lease, specifying the property being sub-let

5. Term and Commencement: Duration of the sub-lease and its start date, ensuring it doesn't exceed the head lease term

6. Rent and Payment Terms: Amount of rent, payment intervals, method of payment, and rent review provisions

7. Sub-Lessee Covenants: Obligations and promises of the sub-lessee, including maintenance, use restrictions, and compliance with head lease terms

8. Sub-Lessor Covenants: Obligations and promises of the sub-lessor, including quiet enjoyment and head lease compliance

9. Insurance: Insurance requirements and obligations of both parties

10. Assignment and Sub-letting: Restrictions and conditions on further assignment or sub-letting

11. Termination: Circumstances and procedures for early termination or forfeiture

12. Yield Up: Obligations regarding the condition of the property upon lease end

13. Execution: Formal execution clause and attestation requirements for a deed

Optional Sections

1. Service Charge: Include when the property is part of a larger building or complex with shared services

2. Alterations and Improvements: Include when specific permissions or restrictions for property modifications are needed

3. Break Clause: Include when either party requires the right to terminate early under specific conditions

4. Utilities and Outgoings: Include when there are specific arrangements for utility payments and other outgoings

5. Environmental Matters: Include for properties with specific environmental considerations or requirements

6. Planning and Use: Include when there are specific planning permissions or use restrictions

7. Security Deposit: Include when a security deposit or other financial security is required

8. Rent Review: Include when specific rent review mechanisms are required beyond standard provisions

Suggested Schedules

1. Property Description: Detailed description of the sub-let premises, including plans and boundaries

2. Head Lease Terms: Relevant terms from the head lease that apply to the sub-lease

3. Rent Schedule: Detailed breakdown of rent payments, including any stepped increases

4. Condition Schedule: Schedule documenting the condition of the property at the start of the sub-lease

5. Fixtures and Fittings: Inventory of fixtures and fittings included in the sub-lease

6. Service Charge Details: Breakdown of service charge calculations and included services

7. Authorized Use: Detailed specifications of permitted use of the property

8. Plans and Maps: Property plans, location maps, and any relevant technical drawings

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Head Lease
Head Lessor
Sub-Lessor
Sub-Lessee
Premises
Term
Commencement Date
Expiry Date
Permitted Use
Rent
Service Charge
Common Areas
Outgoings
Insurance Rent
Interest Rate
Planning Acts
Land Use Act
Working Day
Utilities
Schedule
Conduits
Building
Property
Landlord's Fixtures
Tenant's Fixtures
Consent
Superior Landlord
Relevant Authority
Security Deposit
Deed
Plan
Reserved Rights
Services
Environmental Laws
Planning Permission
Stamp Duty
Registration Requirements
Lease Period
Payment Date
Rent Review Date
Clauses
Interpretation
Demise
Rights Granted
Rights Reserved
Rent
Service Charge
Insurance
Repair and Maintenance
Alterations
Use Restrictions
Assignment and Sub-letting
Quiet Enjoyment
Landlord's Covenants
Tenant's Covenants
Indemnity
Forfeiture
Break Rights
Yielding Up
Notices
Registration
Head Lease Compliance
Environmental Compliance
Planning Requirements
Utilities and Services
Access Rights
Default and Remedies
Force Majeure
Dispute Resolution
Governing Law
Severability
Entire Agreement
Third Party Rights
Costs
Stamp Duty
Security Deposit
Termination
Relevant Industries

Real Estate

Commercial Property

Retail

Industrial

Hospitality

Office Space

Residential Property

Agriculture

Manufacturing

Warehousing

Educational Institutions

Healthcare Facilities

Relevant Teams

Legal

Real Estate

Operations

Facilities Management

Compliance

Administration

Property Management

Corporate Services

Business Development

Risk Management

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Legal Counsel

Corporate Lawyer

Operations Director

Business Development Manager

Asset Manager

Commercial Director

Leasing Manager

Company Secretary

Compliance Officer

Property Administrator

Real Estate Agent

Branch Manager

Industries
Land Use Act 1978: The fundamental land law in Nigeria that vests all land in the state governments. It governs land tenure, management, and transfer of land rights. Critical for understanding the legal framework of leasing and sub-leasing.
Stamp Duties Act: Requires stamp duty to be paid on lease agreements and other instruments. Determines the fees payable on lease documents and the proper stamping procedures.
Registration of Titles Law: Governs the registration of property titles and interests in land, including leases and sub-leases. Essential for ensuring the sub-lease is properly registered and enforceable.
Property and Conveyancing Law: Regulates the transfer of property rights and interests, including the creation and assignment of leases. Provides rules for drafting and executing property documents.
Nigerian Contract Law: General principles of contract law that apply to lease agreements, including formation, terms, conditions, and enforcement of contracts.
Rent Control Laws (State-specific): State-specific legislation that regulates rental arrangements, including permissible rent increases and tenant protections.
Environmental Laws: Regulations concerning property use, environmental protection, and compliance with environmental standards that may affect the terms of the sub-lease.
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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