Rental Extension Agreement Template for Nigeria

1. Modified Terms: Used when any original lease terms are being changed during the extension period

2. Security Deposit Adjustment: Include when the security deposit amount is being modified for the extension period

3. Guarantor Confirmation: Required when the original lease had a guarantor who needs to confirm their continued guarantee for the extension period

4. Property Inspection Report: Include when parties wish to document the current condition of the property at the time of extension

5. Renovation/Modification Provisions: Used when specific property improvements or modifications are agreed upon as part of the extension

6. Break Clause: Optional provision allowing either party to terminate the extension early under specified conditions

1. Schedule 1 - Original Lease Agreement: Copy of the original lease agreement being extended

2. Schedule 2 - Property Details: Updated description and inventory of the rental property and any included fixtures/fittings

3. Schedule 3 - Modified Terms: Detailed list of any terms that differ from the original lease agreement

4. Appendix A - Property Inspection Report: Current condition report with photographs if applicable

5. Appendix B - Utility Agreements: Updated arrangements for utility payments and responsibilities if changed from original lease