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Lease Amendment Template for Nigeria

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Key Requirements PROMPT example:

Lease Amendment

"I need a Lease Amendment for our commercial property in Lagos, extending the lease term by 5 years from March 1, 2025, with a 15% increase in rent and updated maintenance responsibilities."

Document background
A Lease Amendment is essential when parties to an existing lease agreement in Nigeria need to modify specific terms without creating an entirely new lease. This document type is commonly used when circumstances require changes to rent, lease duration, property use, or other terms in the original agreement. The amendment must comply with Nigerian property law, including the Land Use Act, state-specific tenancy laws, and stamping requirements. It should be carefully drafted to ensure it properly references the original lease and clearly delineates which terms are being modified while maintaining the validity of unaffected provisions. Typical scenarios for using a Lease Amendment include rent adjustments, lease term extensions, changes in property use, or modifications to maintenance responsibilities.
Suggested Sections

1. Parties: Identification of the landlord and tenant, including their full legal names, addresses, and any registration numbers for corporate entities

2. Background: Recitals referencing the original lease agreement, its date, and any previous amendments, establishing the context for this amendment

3. Definitions: Key terms used in the amendment, including reference to definitions in the original lease and any new terms introduced

4. Amendment Effective Date: Specific date when the amendments will take effect

5. Confirmation of Original Lease: Statement confirming that the original lease remains in effect except as specifically modified by this amendment

6. Amendments: Detailed description of each modification to the original lease, with clear reference to the relevant sections being amended

7. Binding Effect: Confirmation that the amendment is binding on both parties and their successors and assigns

8. Governing Law: Confirmation that Nigerian law governs the amendment

9. Counterparts: Provision allowing the amendment to be executed in multiple counterparts

10. Execution: Signature blocks for all parties and witnesses

Optional Sections

1. Rent Modification: Used when the amendment includes changes to rent amounts or payment terms

2. Term Extension: Required when the lease term is being modified

3. Security Deposit Adjustment: Included when changes to the security deposit are being made

4. Use Clause Modification: When changes to permitted use of the property are being made

5. Maintenance and Repairs: When responsibilities for maintenance and repairs are being redistributed

6. Insurance Requirements: When modifications to insurance obligations are included

7. Subletting and Assignment: When changes to subletting or assignment rights are being made

8. Utilities and Services: When responsibility for utilities and services is being modified

Suggested Schedules

1. Schedule A - Original Lease: Copy or summary of the original lease agreement being amended

2. Schedule B - Modified Rent Schedule: Detailed breakdown of new rent amounts and payment dates, if applicable

3. Schedule C - Property Description: Updated property description if any changes to the leased premises are being made

4. Schedule D - Floor Plans: Updated floor plans or drawings if the leased space is being modified

5. Appendix 1 - Condition Report: Updated condition report if relevant to the amendments

6. Appendix 2 - Special Conditions: Any new special conditions or modifications to existing special conditions

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions









































Clauses






























Relevant Industries

Real Estate

Commercial Property

Retail

Industrial

Office Space

Residential Property

Healthcare

Education

Hospitality

Manufacturing

Warehousing

Agriculture

Mining

Oil and Gas

Financial Services

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Finance

Compliance

Property Management

Asset Management

Administration

Risk Management

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Legal Counsel

Corporate Lawyer

Estate Agent

Operations Manager

Asset Manager

Leasing Manager

Chief Financial Officer

Real Estate Director

Property Administrator

Compliance Officer

Contract Manager

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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