The Sale Leaseback Agreement is a strategic financial and real estate instrument commonly used in Nigerian business transactions when an entity wishes to release capital tied up in real estate while maintaining operational use of the property. This document type is particularly relevant in commercial financing scenarios, corporate restructuring, or when companies seek to improve their balance sheet position. The agreement must comply with Nigerian property law requirements, including Land Use Act provisions, Governor's consent requirements, and registration obligations. The document encompasses both the sale transaction and the leaseback arrangement, typically including detailed terms about property transfer, purchase price, lease duration, rental payments, maintenance responsibilities, and potential future purchase options. Sale Leaseback Agreements are especially valuable for businesses seeking to optimize their real estate holdings while maintaining operational continuity.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the Seller/Future Tenant and Buyer/Future Landlord with full legal names and addresses
2. Background: Context of the transaction, including property description and parties' intentions regarding sale and leaseback arrangement
3. Definitions: Key terms used throughout the agreement including Property, Completion Date, Lease Term, Rent, etc.
4. Sale Agreement: Terms of the property sale including purchase price, payment terms, and completion requirements
5. Property Transfer Provisions: Details of title transfer, Governor's consent requirements, and registration obligations
6. Lease Terms: Core lease provisions including term, rent amount, payment schedule, and permitted use
7. Maintenance and Repairs: Responsibilities for property maintenance, repairs, and improvements
8. Insurance and Risk: Insurance requirements and allocation of risk between parties
9. Representations and Warranties: Statements of fact and guarantees by both parties regarding property condition, title, and authority
10. Covenants: Ongoing obligations of both parties during the lease term
11. Default and Remedies: Consequences of breach and available remedies
12. Governing Law and Jurisdiction: Specification of Nigerian law and jurisdiction
13. Notices: Process for formal communications between parties
14. Boilerplate Provisions: Standard clauses including severability, entire agreement, and amendments
1. Purchase Option: Grants tenant right to repurchase property under specified conditions - include when agreed by parties
2. Environmental Matters: Specific provisions regarding environmental compliance and liability - include for industrial/commercial properties
3. Tax Matters: Detailed tax treatment and allocations - include for complex commercial transactions
4. Assignment and Subletting: Rights to transfer lease interests - include for commercial properties
5. Force Majeure: Provisions for unforeseen circumstances - include based on property type and risk assessment
6. Property Management: Specific management arrangements - include for commercial/multi-tenant properties
7. Security Deposit: Terms for security deposit - include if required by landlord
8. Alterations and Improvements: Rights and procedures for property modifications - include for commercial leases
1. Property Description: Detailed legal description of the property including boundaries and registration details
2. Purchase Price Breakdown: Itemization of purchase price components and payment schedule
3. Lease Terms Schedule: Detailed lease provisions including rent calculations and payment dates
4. Condition Report: Documentation of property condition at time of sale
5. Required Consents: List of necessary regulatory and governmental approvals
6. Service Charges: Breakdown of service charges and maintenance costs
7. Permitted Alterations: Specifications for allowed property modifications
8. Form of Transfer Deed: Template for property transfer documentation
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Banking and Finance
Manufacturing
Retail
Healthcare
Hospitality
Industrial
Education
Corporate Services
Energy and Natural Resources
Telecommunications
Logistics and Transportation
Relevant Teams
Legal
Finance
Real Estate
Operations
Facilities Management
Risk Management
Treasury
Corporate Development
Property Management
Asset Management
Relevant Roles
Chief Financial Officer
Real Estate Director
Property Manager
Legal Counsel
Corporate Lawyer
Finance Director
Asset Manager
Facilities Manager
Treasury Manager
Risk Manager
Commercial Director
Operations Director
Company Secretary
Investment Manager
Real Estate Investment Officer
Find the exact document you need
Bike Selling Agreement Letter
A legal document governed by Nigerian law that formalizes the sale and transfer of ownership of a motorcycle between parties, including key transaction details and compliance requirements.
find out more
Asset Sale And Purchase Agreement
A Nigerian law-governed agreement detailing terms and conditions for the sale and purchase of assets, including purchase price, warranties, and completion mechanics.
find out more
Simple Car Purchase Agreement
A Nigerian law-governed agreement for the sale and purchase of vehicles, detailing essential terms, conditions, and ownership transfer requirements.
find out more
Residential Lease For Single Family Home
Nigerian residential lease agreement for single-family homes, compliant with federal and state tenancy laws.
find out more
Sale Agreement Of Bike
A Nigerian law-governed agreement for the sale and purchase of a bike, detailing terms, conditions, and ownership transfer requirements.
find out more
Car Purchase Contract
A Nigerian law-governed agreement for the sale and purchase of a motor vehicle, detailing transaction terms and ownership transfer requirements.
find out more
Real Estate Listing Contract
A Nigerian-law governed agreement between property owner and real estate agent establishing terms for property listing, marketing, and sale/lease arrangements.
find out more
Deed Of Sale Of Motorcycle
A Nigerian law-compliant deed that formalizes the sale and transfer of ownership of a motorcycle between parties, including all necessary legal and regulatory requirements.
find out more
Real Estate Purchase Offer
A formal offer document for real estate purchase in Nigeria, outlining proposed terms and conditions in compliance with Nigerian property law.
find out more
Sales Commission Letter
A Nigerian-law governed document establishing commission-based sales arrangements between a company and sales representatives, outlining payment terms and performance expectations.
find out more
Sale Of Bike Agreement
A Nigerian law-governed agreement for the sale and purchase of a motorcycle or bike, outlining terms, conditions, and ownership transfer requirements.
find out more
Auto Purchase And Sale Agreement
A Nigerian law-governed agreement documenting the terms and conditions for the sale and purchase of a motor vehicle, including specifications, price, and ownership transfer details.
find out more
Agreement For Sale Of Flat
A Nigerian law-governed agreement for the sale and purchase of a flat, including terms, conditions, and requirements for property transfer.
find out more
Wholesale Contract
Nigerian wholesale contract template governing bulk sale arrangements between distributors and business customers, compliant with Nigerian commercial law.
find out more
Sale Agreement Online
A comprehensive online sale agreement template compliant with Nigerian e-commerce laws and regulations, suitable for both digital and physical goods transactions.
find out more
For Sale As Is Contract
A Nigerian law-compliant "For Sale As Is" contract template for transactions where goods or property are sold in their current condition without warranties.
find out more
Flat Buying Agreement
A legally binding agreement under Nigerian law for the purchase and sale of residential flats, detailing terms, conditions, and obligations of all parties involved.
find out more
Contract For Vehicle Sale With Payments
A Nigerian law-governed agreement for vehicle sale with structured payment terms, ensuring legal compliance and protecting both parties' interests.
find out more
Basic Sales Agreement
A standard Nigerian law-governed agreement outlining terms and conditions for the sale and purchase of goods between parties.
find out more
Tripartite Agreement For Sale Of Property
A Nigerian law-governed agreement between three parties for property sale, typically involving a seller, buyer, and financial institution or facilitator.
find out more
Sale Agreement For Bike
A Nigerian law-governed agreement detailing terms and conditions for the sale and purchase of a bike, ensuring legal compliance and protecting both parties' interests.
find out more
Oil Purchase And Sale Agreement
Nigerian law-governed agreement for oil purchase and sale transactions, incorporating local regulatory requirements and industry standards.
find out more
Contract For Sale Of House And Land
A Nigerian law-governed agreement for the sale and transfer of house and land property, incorporating Land Use Act requirements and detailing sale terms and conditions.
find out more
Resale Agreement Draft
Nigerian-law governed Resale Agreement template establishing supplier-reseller relationship with key commercial terms and regulatory compliance.
find out more
Scrap Vehicle Sale Agreement
A Nigerian law-governed agreement for the sale and transfer of vehicles intended for scrapping, ensuring compliance with local environmental and vehicle disposal regulations.
find out more
Sale And Construction Agreement
A Nigerian law-governed agreement combining property sale terms with construction obligations, detailing project specifications, timelines, and payment terms.
find out more
Real Estate Buyers Agreement Form
A standardized agreement form for real estate purchases in Nigeria, ensuring compliance with local property laws while protecting both buyer and seller interests.
find out more
Property Sell Agreement
A Nigerian law-governed agreement for the transfer of property ownership from seller to buyer, incorporating Land Use Act requirements and Governor's Consent provisions.
find out more
New Car Purchase Agreement
A Nigerian law-governed agreement for the purchase of a new vehicle, defining terms between seller and buyer while ensuring regulatory compliance.
find out more
Export Sales Contract
Nigerian law-governed contract for international sale and export of goods, incorporating local export regulations and international trade practices.
find out more
Hotel Purchase Agreement
A Nigerian law-governed agreement for the purchase and sale of a hotel property, including both real estate and business operational assets.
find out more
Residential Real Estate Purchase Agreement
A legally binding agreement under Nigerian law for the purchase and sale of residential real estate property, ensuring compliance with the Land Use Act and relevant property regulations.
find out more
Unconditional Sale And Purchase Agreement
A Nigerian law-governed agreement for the unconditional sale and purchase of assets or property, facilitating immediate transfer from seller to buyer.
find out more
Purchase Contract For Home
A Nigerian law-governed contract for the sale and purchase of residential property, establishing terms and conditions for property transfer and ownership rights.
find out more
Vehicle Installment Sale Agreement
A Nigerian law-governed agreement for the sale of vehicles through installment payments, detailing payment terms, ownership conditions, and party obligations.
find out more
Commercial Property Sale Contract
A legally binding agreement for the sale and purchase of commercial property in Nigeria, compliant with Nigerian property law and regulations.
find out more
Sales And Service Contract
A Nigerian law-governed contract combining product sales and service provision terms, ensuring compliance with local commercial regulations while facilitating business relationships.
find out more
Residential Contract Of Sale
A Nigerian law-governed contract for the sale and purchase of residential property, detailing terms, conditions, and requirements for property transfer.
find out more
Assignment Of Real Estate Purchase And Sale Agreement
A Nigerian law-governed agreement transferring rights and obligations under an existing real estate purchase agreement from the original purchaser to a new purchaser.
find out more
Owner Finance Car Sale Contract
A Nigerian law-governed agreement for the sale of a vehicle with financing provided directly by the seller to the buyer.
find out more
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)