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Deed of Lease (Nigeria)

Deed of Lease (Nigeria)

DEED OF LEASE

Land Use Act 1978 | Conveyancing Act 1881 | Stamp Duties Act (Cap S8, LFN 2004)

THIS DEED OF LEASE is made this [Deed Date]

BETWEEN:

(1) [Lessor Name] of [Lessor Address] (hereinafter referred to as the "Lessor"); AND

(2) [Lessee Name] of [Lessee Address] (hereinafter referred to as the "Lessee").

NOW THIS DEED WITNESSETH as follows:

1. DEMISE

1.1 In consideration of the rent hereinafter reserved and the covenants and conditions herein contained, the Lessor hereby demises and leases unto the Lessee ALL THAT [Property Description] ("the Premises") TO HOLD the same unto the Lessee for a term of [Lease Term], commencing on [Lease Commencement Date] and expiring on [Lease Expiry Date] ("the Term"), subject to the terms and conditions herein.

2. RENT

2.1 The Lessee shall pay to the Lessor a rent of [Annual Rent] (exclusive of VAT), payable [Rent Payment Schedule].

2.2 The Lessee shall pay Value Added Tax (VAT) at 7.5% on the rent in accordance with the Value Added Tax Act (Cap V1, LFN 2004) as amended.

2.3 The rent shall be subject to review [Rent Review Period].

2.4 The Lessee shall pay a security deposit of [Security Deposit] upon execution of this Deed, to be held by the Lessor and returned (without interest) within 30 days of expiry of the Term, subject to deduction for any outstanding rent or damages.

3. LESSEE'S COVENANTS

3.1 The Lessee covenants with the Lessor to: (a) pay the rent at the times and in the manner prescribed; (b) use the Premises for [Permitted Use] only; (c) keep the Premises in good repair and condition; (d) not sublease, assign, or part with possession of the Premises without the Lessor's prior written consent; (e) comply with all applicable laws and regulations; (f) not carry out any structural alterations without prior written consent; and (g) vacate and yield up the Premises at the expiry of the Term in good repair.

4. LESSOR'S COVENANTS

4.1 The Lessor covenants with the Lessee to: (a) grant the Lessee quiet enjoyment of the Premises during the Term; (b) maintain the structural and external elements of the building in good repair; and (c) comply with all statutory requirements in relation to the Premises.

5. LAND USE ACT 1978

5.1 This Lease is subject to the Land Use Act 1978 and is conditional upon the receipt of Governor's Consent, reference [Governor's Consent Reference], under Section 22 of that Act where such consent is required.

6. GOVERNING LAW

6.1 This Deed is governed by the laws of Nigeria and the laws of [State] State. The courts of [State] State shall have jurisdiction over disputes.

Lessor

________________

Signature

Lessee

________________

Signature

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What Is a Deed of Lease (Nigeria)?

A Deed of Lease in Nigeria records the terms on which a tenant occupies premises, including payment, repairs and notice requirements. It records the rental price, deposit, term, maintenance duties, and notice periods between landlord and tenant.

The formal requirements for a valid Deed of Lease in Nigeria vary by state. In southern states applying the Conveyancing Act 1881, a lease for a term exceeding three years must be by deed — that is, a formal document signed, sealed, and delivered. In Lagos State, the Tenancy Law 2011 (Lagos State Law No. 5 of 2011) governs residential tenancies and prescribes minimum notice periods, security deposit limits (six months' rent for residential tenancies), and the landlord's right of re-entry upon forfeiture. Commercial leases are generally governed by the terms of the deed and the Conveyancing Act 1881.

Governor's consent under Section 22 of the Land Use Act 1978 is required for leases exceeding a term of three years. The Supreme Court of Nigeria held in Suberu v Sunmonu [1957] WRNLR 97 that a lease of land by the holder of a right of occupancy for a period exceeding three years without governor's consent is unlawful. Stamp duty under the Stamp Duties Act (Cap S8, LFN 2004) applies to lease agreements at rates based on the annual rent and the term of the lease. The Federal Inland Revenue Service (FIRS) assesses stamp duty for leases involving companies; state internal revenue services assess duty for individual parties.

Long-term commercial leases in Nigerian cities such as Lagos, Abuja, Port Harcourt, and Kano typically include rent review clauses — often linked to the Consumer Price Index or a fixed percentage uplift — repairing covenants allocating maintenance obligations between landlord and tenant, permitted use clauses restricting the tenant to specified commercial activities, and break clauses allowing early termination upon notice.

The legal framework governing the Deed of Lease (Nigeria) in Nigeria draws on several key statutes and regulatory bodies. Under Nigerian law, the Companies and Allied Matters Act 2020 (CAMA) regulates corporate entities through the Corporate Affairs Commission (CAC). The Labour Act (Cap L1 LFN 2004) and the National Industrial Court of Nigeria (NICN) govern employment disputes. The Nigeria Data Protection Regulation (NDPR) 2019 and the Nigeria Data Protection Commission (NDPC) protect personal data. The Federal Inland Revenue Service (FIRS) administers tax obligations under the Companies Income Tax Act. The Federal High Court and state High Courts have jurisdiction over civil matters. Parties executing a Deed of Lease (Nigeria) in Nigeria should confirm the document reflects current law, including any amendments enacted since the original drafting date. The Land Use Act 1978 (Cap. L5) sets the foundational requirements.

When Do You Need a Deed of Lease (Nigeria)?

A Deed of Lease is needed in Nigeria whenever land or property is to be let for a defined period exceeding a simple month-to-month arrangement, or when the parties require a formal document evidencing the terms of their tenancy.

A Deed of Lease is required when a commercial landlord grants a retail tenant occupation of shop or office premises for a term of two to five years — the typical commercial lease term in Nigerian cities. The deed protects both parties by defining rent, permitted use, repair obligations, and re-entry rights.

A Deed of Lease is needed when an individual or company takes a long lease of a residential property in Lagos or Abuja for a term exceeding 12 months, where the Tenancy Law 2011 (Lagos) or the FCT Rent Relief Act requires written documentation of the tenancy terms and security deposit arrangements.

A Deed of Lease is required for industrial and warehouse properties where the tenant's occupation may involve alterations to the building, installation of specialist equipment, or activities subject to environmental or regulatory requirements — the deed precisely allocates compliance obligations between the parties.

A Deed of Lease is needed when a multinational or large Nigerian company takes a long-term lease of substantial office space in a Grade A commercial building, typically for five to ten years with rent review provisions, requiring a thorough deed drafted to international commercial standards.

A Deed of Lease is used when agricultural land is let to a farmer or agribusiness for a term of years, covering payment of farm rent, crop restrictions, permitted farming activities, and compliance with the Agricultural Land Holdings Act applicable in the relevant state.

Parties in Nigeria should prepare a Deed of Lease (Nigeria) proactively rather than waiting for a dispute to arise. Courts interpret agreements based on the written terms rather than oral representations. Under Nigerian law, the Companies and Allied Matters Act 2020 (CAMA) regulates corporate entities through the Corporate Affairs Commission (CAC). The Labour Act (Cap L1 LFN 2004) and the National Industrial Court of Nigeria (NICN) govern employment disputes. The Nigeria Data Protection Regulation (NDPR) 2019 and the Nigeria Data Protection Commission (NDPC) protect personal data. The Federal Inland Revenue Service (FIRS) administers tax obligations under the Companies Income Tax Act. The Federal High Court and state High Courts have jurisdiction over civil matters. Where the transaction involves regulated activities, prior approval from the relevant authority may be required before execution.

What to Include in Your Deed of Lease (Nigeria)

A thorough Deed of Lease for Nigeria must contain the following essential elements.

Parties: Full legal names, addresses, and descriptions of the lessor (landlord) and lessee (tenant). For corporate parties, include CAMA 2020 RC numbers and CAC-registered addresses.

Demised Premises: A precise description of the property being leased, including the address, plot number, survey plan reference (SURCON-registered), local government area, and state. For part of a building, describe the specific floor, unit, or area.

Lease Term: The commencement date and expiry date of the lease, expressed as a fixed term (e.g., 'for a term of five (5) years commencing on [date] and expiring on [date]').

Rent: The annual or monthly rent in NGN, payment frequency, payment method, and the tenant's obligation to pay value added tax (VAT) on commercial rent at the rate of 7.5% under the Value Added Tax Act (Cap V1, LFN 2004) as amended by the Finance Act 2020.

Rent Review: For leases of three or more years, a rent review mechanism specifying the review dates, the basis of review (open market rent, fixed uplift, or index-linked), and the procedure for determining the reviewed rent.

Security Deposit: The amount and terms of the security deposit, and the conditions for its return. Under the Lagos State Tenancy Law 2011, security deposits for residential tenancies are capped.

Repairing Covenants: Allocation of internal and external repair obligations between landlord and tenant.

Governor's Consent: Reference to the governor's consent required under Section 22 of the Land Use Act 1978 for leases exceeding three years.

Forfeiture and Re-Entry: The landlord's right to forfeit the lease upon breach by the tenant, subject to the tenant's right of relief against forfeiture.

Additional compliance elements for a Deed of Lease (Nigeria) used in Nigeria include: Under Nigerian law, the Companies and Allied Matters Act 2020 (CAMA) regulates corporate entities through the Corporate Affairs Commission (CAC). The Labour Act (Cap L1 LFN 2004) and the National Industrial Court of Nigeria (NICN) govern employment disputes. The Nigeria Data Protection Regulation (NDPR) 2019 and the Nigeria Data Protection Commission (NDPC) protect personal data. The Federal Inland Revenue Service (FIRS) administers tax obligations under the Companies Income Tax Act. The Federal High Court and state High Courts have jurisdiction over civil matters. Forms-legal.com provides this template as a starting point for Nigeria-compliant documentation.

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Reference this free template in an article, syllabus, or research note:

APA

Forms Legal. (2026). Deed of Lease (Nigeria) (Nigeria) [Legal document template]. Forms Legal. https://forms-legal.com/nigeria/real-estate/leases/deed-of-lease-nigeria

MLA

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BibTeX
@misc{formslegal-deed-of-lease-nigeria,
  author       = {{Forms Legal}},
  title        = {Deed of Lease (Nigeria) (Nigeria)},
  year         = {2026},
  howpublished = {\url{https://forms-legal.com/nigeria/real-estate/leases/deed-of-lease-nigeria}},
  note         = {Free legal document template. Based on Land Use Act 1978 (Cap. L5)}
}

Frequently Asked Questions

Based on Land Use Act 1978 (Cap. L5) — Template last modified June 2026

This template is provided for informational purposes only and does not constitute legal advice. Laws vary by jurisdiction and change over time. Consult a qualified attorney for advice specific to your situation.Full disclaimer

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