Early Termination Of Rental Agreement Template for Nigeria

1. Parties: Identification of the landlord and tenant, including full legal names and addresses

2. Background: Brief description of the existing rental agreement, including its date, property address, and original term

3. Definitions: Definitions of key terms used throughout the agreement

4. Early Termination Date: Specific date when the rental agreement will be terminated

5. Notice Period: Confirmation of the notice period being given and compliance with legal requirements

6. Security Deposit: Terms for the return or forfeiture of the security deposit

7. Outstanding Rent: Statement of any rent due up to the termination date

8. Property Inspection: Requirements for final inspection and condition assessment

9. Keys and Access: Arrangements for returning keys and securing the property

10. Release of Obligations: Mutual release of future obligations under the original lease

11. Governing Law: Confirmation that the agreement is governed by Nigerian law

12. Signatures: Space for parties to sign and date the agreement

1. Schedule A - Property Details: Detailed description of the rental property including address and any included fixtures/fittings

2. Schedule B - Payment Schedule: Breakdown of any final payments, including rent, utilities, and other charges

3. Schedule C - Inspection Report: Current condition report of the property to be completed during final inspection

4. Appendix 1 - Original Lease Agreement: Copy of the original lease agreement being terminated

5. Appendix 2 - Photographic Evidence: Photos documenting the condition of the property at termination

6. Appendix 3 - Handover Checklist: Checklist for items to be completed/returned during property handover