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Tag Archives: Tenancy Law

Stakeholders reject proposed 10% tax on commercial rent in Lagos

stakeholders

Stakeholders in housing and real estate sectors in Lagos State, yesterday, appealed to the House of Assembly not to consider a proposed 10 per cent tax on commercial properties. The stakeholders made the appeal at a one-day public hearing on “A Bill for a Law to Regulate the Relationship of the Parties Under Tenancy Agreements and Specify the Procedure for ...

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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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Lagos plans to review tenancy law

Lagos plans tenancy law review

In what would serve as good news to a lot of Tenants and maybe some quarters of Landlords across the state, the Lagos State Government is planning tenancy law review in the state. The Lagos State Law Reform Commission has said that it has identified the need to review certain provisions of the existing Lagos State Tenancy Law of 2011 ...

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Recession: What Landlords Should Know Before Renting!

landlords

Staying afloat or ahead of the pack in a hopelessly recessed economy can sometimes be likened to Daniel leaving the Lion’s den unscathed. We are in a time where apartments can remain unoccupied for months; a period when landlords should be up on their toes concerning their investment. This article highlights what landlords should know before renting. The times are ...

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TENANCY LAW IN NIGERIA from legal perspectives | #SackYourLandlord

Tenancy law in Nigeria

In many tabloids that are released everyday, there is always a story of Landlord and Tenants fiasco featuring in at least Three of the tabloids. This shows that there is still a lot of work that should be done about Landlord and Tenant Relationship in Nigeria. The Tenancy Law in Nigeria was brought to solve some of these problems, but ...

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Full details of a Landlord and Tenant relationship

landlord tenant

Landlord and tenant relationship is an association between two individuals arising from an agreement by which one individual occupies the other’s real property with permission, subject to a rental fee. The term landlord refers to a person who owns property and allows another person to use it for a fee. The person using the property is calleda tenant. The agreement between ...

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