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CM Advocates - Nigeria > Agricultural Land Lease between a Company and an Individual (Pro Lessee)

Agricultural Land Lease between a Company and an Individual (Pro Lessee)

A lease agreement of land for agricultural purposes is an agreement where the Lessor sublets its property for purposes of farming for a short term period. This Lease agreement is between a company and an individual, and provides explanatory notes on what to do when you are acting for the Lessee.

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Table of Contents

1. DEFINITIONS AND INTERPRETATION 6
2. GRANT OF LEASE 8
3. RENT 8
4. LESSEE’S COVENANTS 9
5. LESSOR’S COVENANTS 14
6. INSURANCE 15
7. PROVISOS 16
8. DISPUTE RESOLUTION 18
9. OPTION TO RENEW TERM OF LEASE 19
10. GENERAL 20
11. GOVERNING LAW 20
12. ENTIRE AGREEMENT AND REPRESENTATIONS 20

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