The Commercial Rent Review Notice is a crucial document in Nigerian commercial property relations, typically used when a rent review date approaches as specified in a commercial lease agreement. This formal notification must align with Nigerian property law requirements and can be initiated by either landlord or tenant, though more commonly by landlords. The document serves to formally communicate proposed rent changes, usually supported by current market evidence and professional valuations. It must reference specific lease provisions authorizing the review, current rent details, and the proposed new terms. The notice plays a vital role in maintaining fair market value for commercial properties while ensuring procedural compliance with Nigerian federal and state property legislation.
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聽of your docs
1. Letterhead and Date: Full business details of the sender including registered address and date of notice
2. Recipient Details: Full name and address of the tenant/landlord
3. Property Identification: Clear description and address of the leased premises
4. Lease Reference: Details of the original lease including date of execution and parties
5. Rent Review Clause Reference: Specific reference to the rent review clause in the lease that is being activated
6. Current Rent Statement: Statement of the current rent being paid
7. Proposed New Rent: Clear statement of the proposed new rent figure
8. Effective Date: The date from which the new rent is proposed to take effect
9. Response Period: Specified timeframe for response and next steps
1. Market Evidence Summary: Brief summary of comparable properties/rents - include when substantial market changes justify the review
2. Previous Correspondence Reference: Reference to any prior discussions or negotiations - include when there has been previous communication
3. Special Lease Terms: Reference to any special conditions affecting the rent review - include when lease contains unusual provisions
4. Appointment of Surveyor: Details of appointed surveyor - include when professional valuation has been conducted
5. Dispute Resolution Reminder: Reference to lease provisions for dispute resolution - include when anticipating potential disagreement
1. Comparative Market Analysis: Detailed analysis of comparable properties and market rents in the area
2. Professional Valuation Report: Independent surveyor's valuation report if obtained
3. Rent Calculation Breakdown: Detailed calculations showing how the proposed new rent was determined
4. Relevant Lease Extracts: Copies of relevant sections from the lease agreement
5. Property Condition Photos: Recent photographs of the property if relevant to the rent review
6. Service Charge Statement: Statement of service charges if relevant to the rent review calculation
Find the exact document you need
Landlord Rent Increase Letter
A formal notice document under Nigerian law used by landlords to inform tenants of a rent increase, specifying new amounts and effective dates.
Download
3 Month Notice Rent Increase
A Nigerian law-compliant notice document informing tenants of a rent increase with a mandatory three-month notice period.
Download
Notice Of Rent Review Form
A formal notification document used in Nigerian property law to communicate proposed rental payment changes between landlords and tenants.
Download
Lease Increase Letter
A formal notice document used in Nigeria to inform tenants of a rent increase, complying with federal and state-specific tenant laws.
Download
Landlord's Notice Proposing A New Rent
A legal notice under Nigerian law used by landlords to formally propose rent increases to their tenants, detailing new rental amounts and effective dates.
Download
Friendly Rent Increase Letter
A legally compliant Nigerian notice document informing tenants of a rent increase while maintaining a cordial business relationship.
Download
90 Day Notice Rent Increase
A formal 90-day notice document for rent increases in Nigeria, complying with federal and state tenancy laws.
Download
Commercial Rent Review Notice
A formal notice under Nigerian law used to initiate the review and adjustment of rent for commercial properties, in accordance with lease terms and local property regulations.
Download
Rent Review Notice
A formal notice under Nigerian law to inform tenants of a proposed rent change, detailing new amounts and effective dates.
Download
60 Day Notice Of Rent Increase Form
A Nigerian legal notice document providing 60-day advance notification of rent increase from landlord to tenant, compliant with Nigerian tenancy laws.
Download
30 Day Rent Increase Notice
A formal 30-day notice of rent increase compliant with Nigerian tenancy laws, detailing rent adjustment terms and effective date.
Download
Commercial Rent Increase Notice
A formal notice document under Nigerian law used to inform commercial tenants of an upcoming rent increase, detailing new rates and effective dates.
Download
60 Day Rent Increase Notice
A Nigerian-compliant formal notice document providing 60 days advance notification of rent increase to tenants, including all legally required information and terms.
Download
Rent Increase Agreement
A Nigerian law-compliant agreement documenting mutually agreed terms for increasing rent between landlord and tenant, serving as an amendment to existing lease terms.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 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)