Landlord tenant relationship in nigeria the richest

landlord tenant relationship in nigeria the richest

A detailed review of the relationship between a landlord and tenant. Landlord-Tenant Relationship in Nigeria. countries, landlords include both the rich and poor people, companies as well as. Wealthy tenants are increasingly paying tens of thousands of a new wave of wealthy tenants from Russia, Ukraine, Nigeria and China who are “The main reason is to make yourself more attractive to the landlord to try to make The Guardian sustainable by deepening our relationship with our readers.

Again, the tenancy law introduced by the state government is baseless. There is no bite at all as some landlords are still collecting three years rent even after the law was promulgated.

Certain things should have been in place to make the law effective. Secondly, government should come as competitor with property owners. In this view, it will be easy for people to make a choice. Charles Ego There is no law enforcement agency or task force that enforces or sees to the implementation of the law.

Government should look into the general welfare of its people. It is a shame that people are losing their jobs and more graduates are produced every year. Part of this enabling environment is making provisions for landed properties for people to buy and open up some areas that are available for people to build their personal houses. This will encourage landlords to bring down their house rents and conform with the tenancy law. Government should give loan, construct road network drainage system, potable water, provide electricity to rural areas and reduce the burden on urban areas.

Govt must invest in housing estates — Monday Akporuno, landlord In the United Kingdom, people rent apartment and pay monthly or weekly and that is working because of the level of development involved in that.

But, I think, it is myopic on the part of the Lagos State House of Assembly to have rolled out such law because the number of habitable houses built by individuals are lesser than the number of people looking for accommodation. So, passing a law forcing people to collect a lesser rent or number of months of advance payment will not work because that is where competition comes in.

I think, the law will not work. One of the disadvantages is that the investors will be dragged to some other things instead of the real estate. Another thing is that the demand is higher than the supply. And because of that, a landlord can decide not to give out his house on rent. If government wants the law to work, then, it must be ready to build affordable housing estates for the people. It must engage in massive investment in real estate so that Lagosians can have options.

What can be done to make it work is to enforce it. The new trend by the landlords is to increase the house rent by per cent in lieu of what the law forbids them to take.

You see a situation where a rent goes for N, Rather, it has posed untold hardship on the tenants. And in a situation where there is no employment and companies are laying off their workers, it will be difficult to see the implementation of the law.

In this light, I think the present administration should invest in quality and affordable housing for its people.

landlord tenant relationship in nigeria the richest

For instance, tenants that are desperate to get accommodation due to one reason or the other still find themselves paying two years rent while some people are paying one and half years. But the fact that the government has put a law in place is enough to caution the landlords and the agents. In fact, they should be guided.

Apart from tenants being very desperate to get accommodation, they should also know and assert their rights. But I agree that government should enforce the law. It is one thing to put a policy in place and another thing to make sure that policy works. So, to make it work, government should be responsible to the people. So, it will work when the government is ready to make it work.

There should be a proper statistics of the commercial buildings so that the rent can be controlled. Again, government is not providing affordable accommodation for its people.

Govt killed the law — Victor Adam, agent The law is still effective in some places but there are conditions attached to it. No government should expect a landlord who built his house with a loan from bank and is expected to pay interest to collect one year rent from his tenants.

Is tenancy law effective in Lagos?

For the fact that there is an agreement with the bank to pay at a stipulated time, there is no how he will be able to abide by the law. Rather, what we expect from government is to invest in low housing estates. In developed countries, government provides housing for its citizens on affordable amount, and that is why it is possible for them to be on monthly payment plan.

For me, I believe, there is no government in Nigeria. The law has posed untold hardship on the citizens because instead of collecting a specific amount of money, the landlords would prefer to increase their rents in order to be able to collect a year rent.

landlord tenant relationship in nigeria the richest

For instance, an apartment that is supposed to be rented out at the rate of N, Another issue is that due to the law, agents have been forced to demand for two years agreement and commission charges.

The law affects the tenants negatively in the sense that they have to pay more in order to get an accommodation. The level of unemployment is also not helping matters as more people are in dire need of accommodation in Lagos state. But, the fact is that government of the country should also ensure that it provides conducive and affordable accommodation for its citizens.

So, if the government cannot set a good example, there is no reason forcing anybody to conform with their laws. The governments of the country have failed to address the issue of omo onile and agberos. I sometimes put myself in the shoes of the tenant especially if he has difficulty of paying for a year or two in advance. So, there is no rule to it. I know things are very difficult in this country.

The orientation of the course is strongly practical to suit the relationships that co-exist between a tenant and landlord in Nigeria.

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It will also examine the various perspective that relates to tenancy such as standard rent payable by the tenants, the rent review clause, option to review clause, rent book distress for rent, profit. Further the course will also examine the compensation available for the use and occupation of the demised premises by the tenant consequent upon the termination of his tenancy.

A lease establishes the relationship of landlord and tenant and is both a conveyance of a possessory estate in real property and a contract between the parties. Through the lease, the tenant receives a right to legal possession of the property in exchange for "valuable consideration" i. Most leases specify the duration of the agreement, any terms for extending the agreement and details regarding rent payments.

Because a lease is both a conveyance and a contract, two sets of duties between the landlord and tenant arise: Housing codes were established to ensure that residential rental units were habitable at the time of rental and during the tenancy.

landlord tenant relationship in nigeria the richest

In Ifite, housing violation of these rules may lead to eviction action or to the tenant being allowed to withhold rent in some cases. A breach of the warranty of habitability or a covenant within the lease may cause an eviction or allow the tenant to withhold rent.

So long as these obligations are not met by either party, this could be breach on this relationship that is binding by factors dependent on obligation to be fulfilled by the landlord and the tenant on his property. Drafting of a comprehensive tenancy agreement requires the services of a competent lawyer, who will concisely spell out the duties and responsibilities of both the landlord and the tenant is sometimes ignored by some landlords or not drafted at all.

In the absence of a comprehensive tenancy agreement, conflict and soar relationship between the landlord and the tenant my arise, when one party is not satisfied with the conduct of the other. The resultant derelict state of public housing sadly also incubates high vandalism rates which in turn further contribute to the high maintenance cost of residential properties. British researcher Sheena Wilson asserts that it is often difficult to distinguish intentional forms of damage from wear and tear, indifference, neglect and thoughtlessness in public housing estates.

Vandalism in such neighbourhoods therefore, is part of a spectrum of behaviour which begins with very common forms of carelessness such as dropping litter, and continues through a wide range of rough handling—bumping prams into glass swing doors, taking short cuts through newly planted flower beds, for example—to the stage where damage is deliberate: These are typical features in public housing owing to various factors. From previous research works, it has become clear that non fulfilment of obligations binding on relationships can have a drastic effect.

For there to be a proper conveyance of title or right to occupy in the case of a residential property by a landlord to a tenant, there are obligations binding on both parties that must be met Basorun, On the part of the landlord is the obligation to lease or withhold the property. Rent as a determinant in this relationship can be a constraint due to a survey conducted in by Dele Taiwo Associates an Estate Management firm with offices round Nigeria.

There are challenges posed by these factors. Challenges such as eviction, withholding of a right to legal habitation of the property in exchange for "valuable consideration" i.

landlord tenant relationship in nigeria the richest

Most tenants especially in residential properties ignore their obligation to pay utility bills and other bills binding on them by virtue of occupying the property. All these have played a huge role in affecting the relationship between the landlord and the tenant especially in Ifite.

EFFECT OF LANDLORD AND TENANT RELATIONSHIP ON RESIDENTIAL PROPERTY Est

Specific objectives of the study are: To examine the extent in which landlord and tenant relationship could improve residential properties in Ife Te Anambra. To examine factors that has militated against cordial relationship between landlord and tenants. To propose ways of improving landlord and tenant relationship as to better residential property.