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Real Estate

Entries for tag "landlord"

Are you a tenant? If yes, then this is for you

Tenancy laws in Lagos

BREAKING NEWS!

The Lagos State Tenancy Law has been updated to better protect tenants and regulate landlord practices. Here are the key provisions:

  1. Advance Rent Restrictions

Landlords are prohibited from demanding more than three (3) months' rent in advance from sitting tenants. Similarly, tenants are not allowed to pay more than three months' rent upfront. Violations can result in fines up to ₦100,000 or imprisonment for up to three months. …