Consent to Sublease

CONSENT TO SUBLEASE

THIS CONSENT is made this ________ (the "Effective Date") by and between the following parties:

________, of the following address:

________

hereinafter referred to as (the "Landlord" which expression shall where the context so admits include its successors-in-title and assigns) of the first part;

AND

________, of the following address:

________

hereinafter referred to as (the "Tenant" which expression shall where the context so admits include its successors-in-title and assigns) of the second part;

AND

________, of the following address:

________

hereinafter referred to as (the "Subtenant" which expression shall where the context so admits include its successors-in-title and assigns) of the third part.

The Landlord, Tenant and Subtenant may be individually referred to as the "Party" and collectively referred to as the "Parties".

WHEREAS

A. The Landlord and Tenant are parties to a Residential Lease Agreement signed and dated ________.

B. The Tenant has agreed to sublet the Demised Premises to the Subtenant with the consent of the Landlord.

C. Subject to the terms of this Agreement, the Landlord consents to the subletting of the Subleased Premises by the Tenant to the Subtenant.

Now, therefore, in consideration of the promises and covenants hereinafter contained in this Agreement, as well as other valuable consideration, the receipt of which is hereby acknowledged, the Parties hereby agree as follows:

1. CONSENT TO SUBLEASE

The Landlord hereby grants the consent to the sublease contemplated in this Agreement. The Landlord's consent shall not be deemed as consent to:

(I) any further sublease of the Demised Premises;

(II) the sublease of the Demised Premises to any other subtenant other than that named in this Agreement or any sublease to the subtenant under a different terms and conditions without the prior consent of the Landlord.

2. AGREEMENT TO SUBLEASE

Subject to the terms and conditions contained herein, the Tenant hereby leases the following property which is the entirety of the Demised Premises together with all appurtenances to the Subtenant:

________

The Demised Premises shall be used for residential purposes only and no part of the premises shall be used for the purposes of carrying on any business, profession or trade of any kind, PROVIDED ALWAYS that:

(I) the Subtenant shall not receive any paying guests, clients or customers;

(II) the practice of any profession or trade shall not constitute nuisance to the occupiers of the adjoining properties;

(III) the practice of any profession or trade shall not significantly increase the wear and tear of the Demised Premises;

(IV) the Demised Premises or any part thereof shall not be used for any illegal, unlawful or immoral purposes.

3. HEAD LEASE

The Subtenant agrees to be bound by all the covenants, terms, and conditions of the original Lease. No part of the original Lease or this Agreement shall be modified except such modification is agreed by the Parties.

4. CONTINUING LIABILITY

The Tenant agrees and undertakes to continue to be bound and remain liable to the Lease, and that a breach of the provisions of the Lease shall entitle the Landlord to recover possession of the Demised Premises, thereby automatically terminating this Agreement.

5. RENT

The Subtenant shall pay the sum of ₦________ (________) every week. The rent shall be due on Mondays. The rent shall be considered advance payment for that week.

The Subtenant shall pay the reserved rent in cash.

If the reserved rent payable under this Agreement is not paid within the period the rent is due for payment, the Subtenant will be charged ________% (________ percent) of the unpaid rent for every period the Subtenant is in default.

6. SECURITY DEPOSIT

The Subtenant shall pay a deposit of ₦________ (________) Demised Premises. The deposit shall be used as security to cover any damage which may be caused to the Demised Premises during the period of the sublease. The Subtenant may at the end of the lease be required to make additional payment for the repair of any part of the Demised Premises that has been damaged by the Subtenant or any of its authorized agents.

The Subtenant shall pay all security deposit in the same manner the rent is paid.

7. CONDITION OF THE DEMISED PREMISES

The Subtenant agrees that the Demised Premises is in good order, repair and condition and located in a clean and safe environment.

8. QUIET ENJOYMENT

The Landlord agrees that if the Subtenant promptly pays the said rent and observes all the terms, conditions, and covenants contained in this Agreement, the Subtenant shall, during the term of the Sublease, enjoy quiet and peaceful possession of the Demised Premises.

9. MAINTENANCE OF ORDER

The Subtenant agrees not to make or permit the making of any loud or improper noises or otherwise cause nuisance to other residents; and not to at any time during the said term, create or permit to be done on Demised Premises, any act which may constitute nuisance or annoyance to neighbours and occupiers of adjoining premises.

10. ALTERATIONS AND IMPROVEMENT OF THE PREMISES

The Subtenant shall not paint, or significantly alter the appearance of the Demised Premises; place or permit the placement of any placard, notice, poster or any sign for advertising or other purpose inside and outside the Demised Premises; install any plant, equipment, machinery or apparatus; demolishing, rebuilding or restructuring any part of the Demised Premises or construct, alter, change or make any improvements in the building without obtaining the prior consent of the Landlord.

11. MAINTENANCE AND REPAIR

The Subtenant and other persons authorized by the Subtenant shall at all times maintain and keep the Demised Premises and appurtenances in good and sanitary condition and repair with reasonable wear and tear during the term of this Agreement and any renewal thereof.

12. ASSIGNMENT AND SUB-LETTING OF THE PREMISES

The Subtenant undertakes not to let, sublet, short let, or license the use of the Demised Premises or any part thereof without obtaining prior consent from the Landlord.

13. TERMINATION

If the Lease between the Landlord and Tenant terminates before its natural expiration, this Agreement shall terminate automatically except the Landlord and Subtenant agree to renew the Lease. If the Subtenant violates any fundamental provision of this Agreement, the Agreement shall be determined, and it shall be lawful for the Landlord to enter the Demised Premises upon the issuance of reasonable notice to take full possession and to eject the Subtenant and all other persons found in the premises.

At the expiration or termination of this Agreement or the lease between the Landlord and Tenant, the Subtenant shall quit, surrender, and deliver the Demised Premises together with all appurtenances in the same condition it was at the commencement of the Sublease.

14. ABANDONMENT

If at any time during the term of the Sublease, the Subtenant abandons the Demised Premises or any part thereof before the date of termination, the Landlord shall have the right to repossess the Demised Premises. The Subtenant will be liable to pay any outstanding rent and other payments which have become due and payable.

15. DISPUTE RESOLUTION

The Parties agree to use their best endeavours to negotiate and settle any dispute or difference of opinion between them, arising from or connected with this Agreement amicably.

Any dispute, which cannot be mutually resolved by the parties, shall be referred to arbitration in accordance with the provisions of the following arbitration rules: Arbitration and Conciliation Act, 2004 or any statutory re-enactment or modification thereof.

The Arbitrators shall consist of ________ arbitrators who shall be elected in the following manner:

________

The arbitration proceedings shall be held in: ________ and conducted in English language.

Each Party shall bear their own cost and expenses in relation to the arbitration proceedings except where an award has been made by the arbitrators for cost to be borne by a particular Party.

The decision of the arbitrator(s) shall be final and binding on all the Parties and shall be enforced by any competent court.

16. ENTIRE AGREEMENT

This Agreement and any other document referred to in this Agreement, constitutes the entire agreement between the parties and shall supersede any prior written or oral agreement made between the parties.

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20. COUNTERPARTS

This Agreement may be executed in several counterparts, all of which constitutes a single agreement between the Parties.

IN WITNESS WHEREOF the Parties hereto have executed this Agreement this day and year first written above.

SIGNED by the within named Landlord

_________________________
________

in the presence of:

Name................................................................................................................

Address.............................................................................................................

Occupation........................................................................................................

Signature..........................................................................................................

SIGNED by the within named Tenant

_________________________
________

in the presence of:

Name................................................................................................................

Address.............................................................................................................

Occupation........................................................................................................

Signature..........................................................................................................

SIGNED by the within named Subtenant

_________________________
________

in the presence of:

Name................................................................................................................

Address.............................................................................................................

Occupation........................................................................................................

Signature..........................................................................................................