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Contract For Use Of Property for Nigeria

Contract For Use Of Property Template for Nigeria

This document is a comprehensive agreement governing the use of property in Nigeria, structured in compliance with Nigerian property law, particularly the Land Use Act 1978. It establishes the terms and conditions under which a property owner grants usage rights to another party, covering essential aspects such as permitted use, duration, fees, maintenance responsibilities, and obligations of both parties. The agreement incorporates necessary provisions for compliance with federal and state-level property regulations, including registration requirements and environmental considerations where applicable.

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What is a Contract For Use Of Property?

The Contract for Use of Property is essential for establishing legally binding arrangements for property usage in Nigeria. This document is typically used when an owner wishes to grant another party the right to use their property without transferring ownership or creating a traditional lease arrangement. It's particularly relevant in commercial contexts, temporary usage scenarios, or situations requiring flexible property arrangements. The agreement must comply with Nigerian property law, including the Land Use Act 1978 and relevant state regulations. It addresses key aspects such as usage rights, term duration, payment terms, maintenance responsibilities, and compliance requirements. This type of contract is commonly used for various purposes, including temporary commercial spaces, event venues, agricultural land use, and shared facility arrangements.

What sections should be included in a Contract For Use Of Property?

1. Parties: Identification and details of all parties to the agreement, including full legal names, addresses, and registration details for companies

2. Background: Context of the agreement, including brief description of the property and purpose of use

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

4. Property Description: Detailed description of the property including location, boundaries, and registration details

5. Term and Commencement: Duration of the agreement and start date

6. Permitted Use: Specific permitted uses of the property and any restrictions

7. Fees and Payment Terms: Amount payable for property use, payment schedule, and payment methods

8. User's Obligations: Responsibilities and obligations of the party using the property

9. Owner's Obligations: Responsibilities and obligations of the property owner

10. Maintenance and Repairs: Responsibilities for property maintenance and repairs

11. Insurance: Required insurance coverage and responsibilities

12. Termination: Circumstances and procedures for termination of the agreement

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

14. Execution: Signature blocks and execution formalities

What sections are optional to include in a Contract For Use Of Property?

1. Environmental Compliance: Required when property use involves environmental considerations or risks

2. Alterations and Improvements: Include when user is permitted to make changes to the property

3. Security Deposit: Include when a security deposit is required

4. Subletting and Assignment: Include when transfer of rights needs to be addressed

5. Force Majeure: Include when need to address circumstances beyond parties' control

6. Utilities and Services: Include when addressing responsibility for utilities and services

7. Access Rights: Include when specific access arrangements need to be detailed

8. Dispute Resolution: Include when specific dispute resolution procedures are required

What schedules should be included in a Contract For Use Of Property?

1. Property Details Schedule: Detailed technical description of property, including plans and measurements

2. Inventory Schedule: List of any fixtures, fittings, or equipment included in the property use

3. Fee Schedule: Detailed breakdown of fees, payment schedules, and calculation methods

4. Maintenance Schedule: Detailed maintenance responsibilities and schedules

5. Permitted Use Schedule: Detailed specifications of permitted activities and restrictions

6. Insurance Requirements: Detailed insurance requirements and minimum coverage levels

Authors

Alex Denne

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

Jurisdiction

Nigeria

Publisher

Ƶ

Document Type

Use Agreement

Cost

Free to use
Relevant legal definitions



































Clauses






























Relevant Industries

Real Estate

Commercial Property

Retail

Industrial

Agriculture

Education

Healthcare

Hospitality

Manufacturing

Warehousing

Office Space

Entertainment

Religious Organizations

Non-Profit Organizations

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Finance

Compliance

Risk Management

Property Management

Asset Management

Business Development

Administrative

Relevant Roles

Property Manager

Facilities Manager

Real Estate Manager

Legal Counsel

Corporate Lawyer

Business Development Manager

Operations Manager

Asset Manager

Compliance Officer

Contract Administrator

Chief Financial Officer

Property Developer

Estate Agent

Land Administrator

Risk 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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