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Tag Archives: tenants

Tenants decry high cost of rent in Jigawa

Jigawa

Dutse, the Jigawa state capital has a population of 153,000 people according to 2006 Census, but despite the population size, the state capital is one of the cities in the country where tenants pay rents through the nose. Our reporter gathered that some of the factors contributing to the high rate of rent in Dutse, capital of Jigawa include shortage ...

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What You Should Know Before Renting Out Your Property

What You Should Know Before Renting Out Your Property

Owning a rental property in Nigeria sounds like a great idea, doesn’t it? You buy a property in a nice area, find tenants and let the cash flow. However, there are some matters you have to consider before owning a rental property. Below are a few pros and cons related to owning a rental property. The PROS of owning a ...

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EEDC persuades landlords to ensure out-going tenants clear electricity bills

electricity bills

The Enugu Electricity Distribution Company has appealed to landlords, caretakers and agents of property to ensure that their out-going tenants clear all electricity bills before leaving the house. EEDC Head of Communication, Mr. Emeka Ezeh, made the appeal while speaking to a correspondent in Enugu on Tuesday. Ezeh noted that the appeal became necessary as some tenants had made it ...

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Confusion between Landlords and tenants over tenement rates payment

demolition

There seems to be confusion among residents of Warri following the introduction of “Residential Tenement Rates ” by the Warri South Local Government Council led by Hon. Michael Tidi. Tidi explained in a chat that there is “Commercial” and “Residential Tenement Rates” in places like Lagos State but he insisted that the payment is not for the tenants but for ...

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Court sentences developer to 2,670years imprisonment for defrauding 133 tenants

developer

An Ebute-Meta Chief Magistrates’ Court, Lagos, has sentenced a property developer, Alhaji Ayobami Oseni, to 2,670 years imprisonment for duping 133 accommodation seekers of N25 million. Chief Magistrate O. O. Olatunji convicted Oseni following his plea of guilty to 267 counts of conspiracy, obtaining under false pretenses and stealing. He sentenced Oseni to 10 years imprisonment with no option of ...

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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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Five Basic Tips For Investing In Real Estate

Investing in real estate

If you’re just beginning to invest in real estate, you’ll find that there’s a lot to learn. In this article, we share five basic tips for investing in real estate. Real estate investing is more complicated than investing in stocks because of the financial, legal, and extensive due diligence requirements involved. That’s why it’s a good idea to give yourself ...

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