Licence Agreement Tenancy for Nigeria

Licence Agreement Tenancy Template for Nigeria

A License Agreement Tenancy under Nigerian law is a legal document that establishes a licensor-licensee relationship for the temporary use of property. This agreement, governed by Nigerian property law including the Land Use Act 1978 and relevant state-specific tenancy laws, provides a more flexible arrangement than a traditional lease. It details the terms and conditions for property occupation, including duration, payment terms, maintenance responsibilities, and termination provisions, while ensuring compliance with Nigerian legal requirements for property occupation and use.

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What is a Licence Agreement Tenancy?

The Licence Agreement Tenancy is a crucial document in Nigerian property law that creates a more flexible alternative to traditional lease arrangements. It is particularly useful when the property owner wants to retain significant control over the property while granting occupation rights to another party. This document type is commonly used for shorter-term arrangements, shared spaces, or situations requiring specific use limitations. The agreement must comply with Nigerian federal legislation, including the Land Use Act 1978, as well as state-specific property laws and regulations. It typically includes detailed provisions for property use, payment terms, maintenance responsibilities, and termination rights, while maintaining the licensor's ultimate control over the property. This type of agreement is especially relevant in commercial contexts where flexibility and specific use restrictions are important.

What sections should be included in a Licence Agreement Tenancy?

1. Parties: Identification and details of the Licensor and Licensee

2. Background: Context of the agreement and brief description of the property

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

4. Grant of License: Terms of the license grant, including duration and purpose

5. License Fee: Amount, payment terms, and review mechanisms for the license fee

6. Security Deposit: Details of deposit amount, terms of holding and return

7. Licensee's Obligations: Core responsibilities and obligations of the Licensee

8. Licensor's Obligations: Core responsibilities and obligations of the Licensor

9. Property Maintenance: Responsibilities for maintenance, repairs, and upkeep

10. Utilities and Services: Arrangements for utilities, services, and associated costs

11. Insurance: Insurance requirements for both parties

12. Access and Inspection: Licensor's rights of access and property inspection

13. Termination: Grounds and procedures for termination of the license

14. Notices: Process and requirements for formal communications

15. Governing Law: Specification of Nigerian law as governing law

16. Dispute Resolution: Procedures for handling disputes between parties

What sections are optional to include in a Licence Agreement Tenancy?

1. Assignment and Subletting: Include when transfer or subletting rights need to be addressed

2. Alterations and Improvements: Include when the Licensee may need to make changes to the property

3. Common Areas: Include for properties with shared facilities or spaces

4. Special Conditions: Include when there are property-specific rules or requirements

5. Force Majeure: Include when specific provisions for unforeseen circumstances are needed

6. Environmental Compliance: Include for properties with specific environmental requirements

7. Security Arrangements: Include when specific security measures are required

8. Option to Renew: Include when offering potential extension of the license term

What schedules should be included in a Licence Agreement Tenancy?

1. Schedule 1 - Property Description: Detailed description of the licensed property including floor plans and boundaries

2. Schedule 2 - Inventory: List of fixtures, fittings, and furniture included in the license

3. Schedule 3 - Service Charges: Breakdown of service charges and payment calculations

4. Schedule 4 - House Rules: Specific rules and regulations for use of the property

5. Schedule 5 - Condition Report: Initial condition report of the property

6. Appendix A - Utility Agreements: Copies of relevant utility arrangements and agreements

7. Appendix B - Insurance Certificates: Copies of required insurance documentation

8. Appendix C - Required Permits: Copies of necessary permits and certifications

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

Jurisdiction

Nigeria

Publisher

Genie AI

Document Type

License Agreement

Sector

IP

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Commercial Property

Residential Property

Retail

Office Space

Industrial

Hospitality

Education

Healthcare

Coworking Space

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Property Management

Asset Management

Compliance

Risk Management

Finance

Business Development

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Legal Counsel

Corporate Real Estate Manager

Asset Manager

Operations Manager

Commercial Property Manager

Leasing Manager

Real Estate Director

Chief Operating Officer

General Counsel

Compliance Officer

Business Development Manager

Industries
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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