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Tuesday, 11 October 2016

Lagos To Introduce Monthly Rent Payment for Tenants

It is already in the news that Lagos State government has concluded plans to introduce monthly rent payment for Housing schemes to help the low income earners. It is pertinent to know some basic Lagos Tenancy Law
for Lagos residents or people who intend to reside in Lagos State. The government of Lagos state has perfected plans to make residents in the state pay rents per month rather than yearly or half-a-year as has been the case for decades.

The Lagos Tenancy Law 2011 provides that it is unlawful for a landlord or his agent to demand or receive from a new or prospective tenant, rent in excess of 1 year in respect of any premises; it is also unlawful for the new or prospective tenant to offer or pay rent in excess of 1 year. The penalty for both landlord and tenant involved in such an arrangement is a fine of N100,000 or to 3 months imprisonment.

As a tenant of a property, if you get your landlord’s consent in writing to make some improvements on the premises, and the landlord ends the tenancy. You are entitled to claim compensation/reimbursement for the improvements that you made, when you are quitting the premises.

The Lagos Tenancy Law 2011 does not apply to premises in Apapa, Ikeja GRA, Ikoyi, and Victoria Island.
If your landlord, is trying to eject you as a tenant from the property, demolishes or alters the building without court approval; or threatens or molests you, or attempts to remove you by force from the property, the landlord is committing an offence and is guilty if convicted to a fine of N250,000 or a maximum of 6 months imprisonment.

The Lagos State Tenancy Law 2011 provides that parties can provide for how a notice to quit can be given in the tenancy agreement, however, when there is no such provision, Section 13 of the law provides that:- Where there is no stipulation as to the notice by either party to determine the tenancy, the following shall apply –

* A week’s notice for a tenant at will
* One (1) month’s notice for a monthly tenant
* Three (3) month’s notice for a quarterly tenant
* Six (6) month’s notice for a yearly tenant.

It’s important to note that when the tenancy is for a fixed period (e.g. one year) and such period has expired but the tenant refuses to give up possession, if the landlord intends to recover possession, he shall serve a seven (7) days written notice of his intention to apply to recover possession.
WHAT IS YOUR VIEW ON THIS TOPIC?
Edited by: Endy Edeson
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Muyiwa Kusimo

Endy Edeson,the introduction of the monthly rent payment to landlord is not in generality..

It is to be effective on a specialized housing scheme control by the govt.

Endy Edeson

thanks for that insight @Muyiwa

Bishop George

DIS IS PART WAY RUBISH... A TENANT WHO HAS ENOUGH MONEY MAY WANT TO PAY FOR A YEAR & I DON'T SEE WHY IT SHOULD BE CALLED AN OFFENSE... I'M A LANDLORD, SOMETIMES COLLECTING A YEAR OR A YEAR AND SIX MONTHS RENT ENABLES ME TO BE ABLE TO RENOVATE THE APARTMENT FOR D NEW TENANT. BUT WHEN D NEW TENANT PAYS JUST FOR A MONTH HOW WOULD D BUILDING BE RENOVATED IF I DON'T HAVE ENOUGH MONEY WITH ME??? THIS WILL MAKE THINGS MORE COMPLICATED.. ANYWAY, IT'S LAGOS NOT RIVERS STATE...

Endy Edeson

@bishop: that is why the act of Law Making is a continous process. What is accepted today can be unacceptable tomorrow.
 

Muyiwa Kusimo

Eddy pls read my edited remark

Adebayo Michael Oluwaseun

agreement n commissioned should be cancelled.

Endy Edeson

@muyiwa: i cant find your edited remark. If it is your first comment, then I got it but if it is not kindly repost it. @Adebayo: That agreement and Commission thing is kind of annoying as well. You have a point, I pray there is a review in the Tenancy Law that will remove stuffs like that except if you go through AGENTS

Muyiwa Kusimo

It is that same original comment. But now edited

Adebayo Michael Oluwaseun

some landlord like to issues quite notice to there tenant because of d a&c they will collect from d new tenants.

Hon Olamilekan Lyksyde

@endy I dnt think it a better idea, paying anually make things easier for tenants

Endy Edeson

@adebayo: that's true. But the A & C only last for a while. I think it is only landlords that only survive through tenancy fees @Muyiwa: Yeah. I saw it. I got it. It means not all tenants will benefit from the scheme, only tenants under the umbrella of the scheme

DjLapel Shizu

May be they should just build Hotel or Hostel for per day or per month tenant.

Adebayo Michael Oluwaseun

but the T&C is more higher than d main rent.

DjLapel Shizu

One room 500 per day multiply by 28 days =14,000 naira per month, Imagine!!!

Aremu Ola Gabriel

very interesting
 
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