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Tag Archives: rent

Can you allow your Mother-in-law pay your rent?

rent

RENT ISSUES – We’ve heard different stories of Mothers-in-law who victimises their Daughters-in-law. We then decided to carry out this anecdotal survey to compare the relationship that exists between Sons-in-law and their Mothers-in-law to know if it’s the same. The reactions we got are not so cool Please read below Gbenga Adene said, “No If I can afford it”. “May ...

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Expert urges youths to start building their own houses

youths

Mrs. Ibukun Adebayo-Adedayo, a financial adviser, has urged the youths to embrace the mortgage policy to own their homes early in life instead of paying rents for the better part of their lives. She explained that money spent on rent payment could be better channeled in mortgage finance in order to own a home and live a stable and accomplished ...

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When Your Best Friend Is Your Landlord

Landlord mistakes to avoid

Have you ever imagined a situation where your landlord is actually your best friend; be it childhood friend, buddy, colleague or even your ex-course mate? What are the advantages and implications of this sort of relationship? Find answers to the questions raised in this article Given that landlords wield so much power over their tenants, you’d think anyone who’s actually friends with ...

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Are Tenants Now Haunting Landlords?

Tenants

There was a time when the word landlord sent chills down the spines of erring tenants; the days of old when an eviction notice was like a death penalty.  Albeit what is obtainable these days is that tenants now believe they have equal footing with their landlords, they can even go on to call their bluffs and possibly commit arson. ...

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Why A Duplex Is A House Design Worth Considering

House Design

Just like every real estate property, building a duplex is a great investment for homeowners and landlords. This article talks about why a Duplex is a house design worth considering. Home owners all across the country are looking for clever ways to get more from their block of land. With land prices on the rise and opportunities to build new ...

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Would you like monthly rent payment or yearly rent payment?

Would you like monthly rent payment or yearly rent payment?

Last week Punch reported that Nigerians may start monthly rent payment going by the latest resolution between the federal and state governments on the matter. According to Punch, the clamour for the monthly payment of rent by clients in the housing sector received attention at the recently concluded sixth meeting of the National Council on Lands, Housing and Urban Development. ...

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Experts explain why monthly rent payment will not work

monthly rent payment

“Amid the decision of the National Council on Lands, Housing and Urban Development (NCLHUD) to impose monthly rent payment on Nigerians, experts have urged the governments to tackle the inherent problems inhibiting housing rather than delving into issues expected to heighten problems in the industry.”- The Guardian The experts, comprising estate surveyors and developers who  expressed divergent views say, the ...

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Delta state inherits N1 billion debts in unpaid rents

N1 billion debts in unpaid rents

The Guardian reports that the Delta State government under Governor Ifeanyi Okowa inherited N1 billion debts in unpaid rents for ministries in rented apartments, Commissioner for Lands and Surveys, Chika Ossai has said. He said this yesterday in Asaba while responding to inquiries over the unpaid rents for the property occupied by the Ministry of Agriculture and Natural Resources. He ...

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Federal government and states agree on rent on a monthly basis

Federal government and states agree on rent on a monthly basis

Punch reports that Nigerians may start paying property rent on a monthly basis going by the latest resolution between the federal and state governments on the matter, OKECHUKWU NNODIM reports The clamour for the monthly payment of rent by clients in the housing sector received attention at the recently concluded sixth meeting of the National Council on Lands, Housing and ...

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5 Common First-time Landlord Mistakes to Avoid

Landlord mistakes to avoid

Owning a rental property in Nigeria or anywhere else in the world doesn’t come easy, so if you are lucky enough to own one, you must guard your investment jealously. This article points out 5 common first-time landlord mistakes to avoid. Managing a rental property requires experience, knowledge or expertise, perseverance and of course good inter-personal skills and people management ...

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