Warehouse Lease Agreement Template for Nigeria

1. Parties: Identification of the Landlord and Tenant, including full legal names, registration details for companies, and addresses

2. Background: Brief context of the agreement, property ownership status, and purpose of the lease

3. Definitions: Definitions of key terms used throughout the agreement including 'Premises', 'Common Areas', 'Term', 'Permitted Use', etc.

4. Demise: Formal granting of the lease, specifying the warehouse premises and any included facilities

5. Term and Renewal: Duration of the lease, commencement date, and any renewal options

6. Rent and Payment Terms: Rent amount, payment schedule, method of payment, and rent review provisions

7. Security Deposit: Amount, terms of holding, and conditions for return of the security deposit

8. Permitted Use: Specified allowed uses of the warehouse premises and any restrictions

9. Maintenance and Repairs: Responsibilities of both parties regarding maintenance, repairs, and improvements

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

11. Insurance: Required insurance coverage for both parties

12. Compliance with Laws: Obligations to comply with relevant laws, regulations, and permits

13. Access and Security: Rules regarding access to the premises, security arrangements, and operating hours

14. Assignment and Subletting: Conditions under which the tenant may assign or sublet the premises

15. Landlord's Covenants: Obligations and warranties of the landlord

16. Tenant's Covenants: Obligations and warranties of the tenant

17. Termination: Grounds for termination, notice requirements, and consequences of termination

18. Dispute Resolution: Process for resolving disputes between parties

19. Governing Law: Specification of Nigerian law as governing law and relevant jurisdiction

1. Schedule 1 - Property Description: Detailed description of the warehouse premises including floor plans and measurements

2. Schedule 2 - Rent Schedule: Detailed breakdown of rent payments, escalations, and review dates

3. Schedule 3 - Condition Report: Initial condition of the premises with photographs and descriptions

4. Schedule 4 - Permitted Alterations: List of allowed modifications or improvements to the premises

5. Schedule 5 - Building Rules and Regulations: Specific rules governing the use of the premises and common areas

6. Schedule 6 - Service Charges: Breakdown of service charges and calculation methodology

7. Schedule 7 - Insurance Requirements: Detailed insurance requirements for both parties

8. Appendix A - Handover Protocol: Procedures for initial handover and final return of the premises