The Commercial Lease Addendum is a crucial document used in Nigerian commercial property relationships when parties need to modify an existing lease agreement without creating an entirely new contract. It's commonly employed when circumstances require changes to the original lease terms, such as rent adjustments, lease term extensions, modifications to permitted use, or alterations to the leased space. This document must align with Nigerian property law requirements, including the Recovery of Premises Act and state-specific regulations. The addendum serves as a legally binding modification to the original lease, maintaining the validity of unmodified original terms while clearly documenting agreed changes. It's particularly important in Nigeria's dynamic commercial real estate market, where business needs and market conditions frequently necessitate lease adjustments.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the landlord and tenant as per the original lease, including their current contact details
2. Background: Reference to the original lease agreement, its date, and the reason for this addendum
3. Definitions: Key terms used in the addendum, including references to defined terms in the original lease
4. Effect and Duration: Specification of when the modifications take effect and their duration
5. Amendments to Original Lease: Detailed description of specific modifications to the original lease terms
6. Continuing Effect: Confirmation that all other terms of the original lease remain in full force and effect
7. Governing Law: Confirmation that the addendum is governed by Nigerian law
8. Execution: Signature blocks for all parties and witnesses as required under Nigerian law
1. Rent Modification: Include when the addendum involves changes to rent amount or payment terms
2. Property Modifications: Include when the addendum involves physical changes to the property or permitted uses
3. Term Extension: Include when the addendum modifies the lease duration
4. Additional Services: Include when new services or utilities are being added to the lease arrangement
5. Insurance Requirements: Include when modifying insurance obligations
6. Environmental Compliance: Include when adding environmental obligations or modifications
7. Security Deposit Adjustment: Include when modifying security deposit terms
1. Schedule A - Modified Floor Plans: Drawings or plans showing any physical modifications to the leased premises
2. Schedule B - Rent Schedule: Updated rent payment schedule if rent terms are modified
3. Schedule C - Works Specification: Details of any approved modifications or improvements to be made
4. Appendix 1 - Consent Documents: Any required third-party consents or regulatory approvals
5. Appendix 2 - Property Photographs: Current photographs of areas affected by the modification
6. Appendix 3 - Services Agreement: Details of any new or modified services to be provided
Find the exact document you need
Addendum Deed Of Sale
A Nigerian law-governed document that modifies an existing Deed of Sale, incorporating changes while maintaining the original deed's validity.
Download
First Addendum To Agreement
A legal document under Nigerian law used to modify or amend an existing agreement between parties while maintaining compliance with local statutory requirements.
Download
Commercial Lease Addendum
A Nigerian law-compliant document that modifies an existing commercial lease agreement, documenting changes to lease terms and conditions.
Download
Seller Financing Addendum
A Nigerian law-compliant addendum that outlines seller financing terms and conditions for property purchase, including loan terms, security arrangements, and default provisions.
Download
Real Estate Addendum
A Nigerian law-compliant document that modifies or supplements an existing real estate agreement, ensuring adherence to local property legislation and registration requirements.
Download
Pet Lease Agreement
A Nigerian law-governed agreement for temporary pet custody transfer, detailing care requirements and responsibilities between owner and caretaker.
Download
Pet Agreement For Rental Property
A Nigerian legal agreement that governs pet ownership in rental properties, serving as an addendum to the main lease agreement.
Download
Addendum To Lease
A Nigerian law-governed document that modifies specific terms of an existing lease agreement while maintaining other original provisions intact.
Download
Addendum To Consulting Agreement
A Nigerian law-governed document that modifies an existing consulting agreement by changing specific terms while keeping the original agreement's framework intact.
Download
Addendum To Bill Of Sale
A Nigerian law-compliant document that modifies an existing Bill of Sale, incorporating specific amendments while maintaining the original agreement's validity.
Download
Closing Date Extension Addendum
A Nigerian law-governed addendum that formally extends the closing date of an existing agreement while preserving all other original terms and conditions.
Download
Addendum Loan Agreement
A Nigerian law-governed document that modifies an existing loan agreement's terms while maintaining other original provisions.
Download
Addendum To Memorandum Of Agreement
A Nigerian law-governed document that amends or supplements an existing Memorandum of Agreement, formalizing changes while preserving original terms.
Download
Lease Addendum Change Of Ownership
A Nigerian law-compliant addendum documenting property ownership change in an existing lease agreement, transferring landlord rights while maintaining tenant terms.
Download
Furnished Apartment Lease Addendum
A Nigerian law-compliant addendum to residential lease agreements specifying terms and conditions for furnished items provided with the rental property.
Download
Contract Extension Addendum
A Nigerian law-governed document that formally extends an existing contract's duration and specifies any associated modifications to the original agreement.
Download
Real Estate Contract Addendum
A legal modification to an existing real estate contract under Nigerian law, allowing parties to update or clarify terms while maintaining compliance with local property regulations.
Download
Purchase Contract Addendum
A Nigerian law-governed document that modifies an existing purchase contract, addressing changes while maintaining original terms' validity.
Download
Lease Extension Addendum
A Nigerian law-governed document extending an existing lease agreement's duration and updating relevant terms while maintaining the original lease's core provisions.
Download
Lease Amendment
A legal document under Nigerian law that modifies specific terms of an existing lease agreement while maintaining its core structure.
Download
Amendment To Purchase Contract
A Nigerian law-governed document that formally modifies specific terms of an existing purchase contract while maintaining other original terms.
Download
Addendum To Rental Agreement For Rent Increase
A Nigerian law-compliant addendum that formally documents and implements an agreed rent increase to an existing rental agreement.
Download
Addendum To Purchase Agreement
A Nigerian law-governed document that modifies an existing Purchase Agreement, formalizing changes while maintaining the original agreement's validity.
Download
Addendum To Employment Contract
A Nigerian law-compliant document that modifies an existing employment contract, documenting changes to employment terms while maintaining the original agreement's validity.
Download
Addendum To Agreement
A Nigerian law-compliant document that formally modifies an existing agreement while maintaining the original contract's core terms.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)