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Tag Archives: Long term lease

The Pros and Cons of Paying Rent on a Monthly Basis (Short-term Lease)

Rent-to-own

In Nigeria, the most common type of rental agreement in today’s rental market is a fixed-term lease that can have a duration of a year or more depending on what is agreed upon between the landlord and tenant. This article analyses the pros and cons of paying rent on a monthly basis (short-term lease). Earlier this month, Punch reported that Nigerians may ...

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