The Merit Newspaper
  • News
  • Arts and Culture
  • Business
  • Court Stories
  • Crime and Security
  • Culture
  • Education
  • Entertainment
  • Environment
  • Events
  • Features
  • International News
  • Investigative Reporting
  • Lifestyle
  • National News
  • Opinion
  • Politics
  • Properties
  • Regional News
  • Science
  • Special Features
  • Sports
  • Technology
  • Travel
  • World
  • Editorial
  • About Us
  • Religion
  • Contact Us
  • Terms of Service
  • Privacy Policy
No Result
View All Result
  • News
  • Arts and Culture
  • Business
  • Court Stories
  • Crime and Security
  • Culture
  • Education
  • Entertainment
  • Environment
  • Events
  • Features
  • International News
  • Investigative Reporting
  • Lifestyle
  • National News
  • Opinion
  • Politics
  • Properties
  • Regional News
  • Science
  • Special Features
  • Sports
  • Technology
  • Travel
  • World
  • Editorial
  • About Us
  • Religion
  • Contact Us
  • Terms of Service
  • Privacy Policy
No Result
View All Result
No Result
View All Result
Home News

Three Months Max! Lagos Cracks Down on Rent Exploitation

The Merit Newspaper by The Merit Newspaper
May 23, 2025
in News
0
Three Months Max! Lagos Cracks Down on Rent Exploitation
0
SHARES
43
VIEWS
Share on FacebookShare on TwitterLinkedInTelegram

By Ibrahim Kegbegbe

In a bold move to enhance tenants’ rights and regulate the housing market, the Lagos State Government has activated key provisions of its revised  Tenancy Law, offering relief to millions of residents facing exploitative rental practices.

The enforcement, which targets both landlords and real estate agents, is aimed at curbing arbitrary rent demands and illegal evictions while promoting transparency and fairness in tenancy relationships.

Key Provisions of the Law

The updated Lagos Tenancy Law prohibits landlords from demanding more than three months’ rent in advance from sitting tenants. Similarly, tenants are restricted from offering more than that amount. Violators risk penalties of up to ₦100,000 or imprisonment for three months.

To ensure accountability, landlords are now mandated to issue detailed rent receipts to tenants. Each receipt must clearly indicate the names of both parties, the date of payment, the location of the property, the amount paid, and the rental period it covers. Non-compliance attracts a fine of ₦10,000.

Additionally, the state has capped tenancy agreement fees at 10% of the annual rent, applicable to both landlords and real estate agents. Overcharging is now considered a direct breach of the law. For instance, if a property’s annual rent is ₦1,000,000, any combined charge for legal and agreement fees must not exceed ₦100,000.

READ ALSO:Tinubu Crowned Early: APC Shuts Door on 2027 Presidential Aspirants

Notice Periods for Termination

In cases where there is no written agreement between parties, the law outlines the following notice periods:

Weekly tenant: one week

Monthly tenant: one month

Quarterly or half-yearly tenant: three months

Yearly tenant: six months

Furthermore, if a monthly tenant defaults on rent for three consecutive months, landlords are advised to seek redress in court rather than engaging in self-help evictions.

Protection of Tenant Rights

Tenants are entitled to reasonable privacy, freedom from harassment or illegal disturbances, exclusive possession of the premises, and lawful use of common areas. Importantly, tenants who carry out improvements on a property—with written consent from the landlord—can claim compensation should the tenancy be terminated.

Access to Justice and Dispute Resolution

To settle disputes, tenants and landlords can approach either the High Court or Magistrates’ Court within the jurisdiction of the property. The Lagos State Real Estate Regulatory Authority (LASRERA) remains the official channel for reporting violations and seeking redress.

Government’s Position

The Lagos State Government emphasized that legal and agreement charges must not collectively exceed 10% of the annual rent. “This provision ensures affordability and transparency in rental transactions,” a LASRERA spokesperson stated.

As Lagos grapples with a rapidly expanding population and rising housing demand, this law is seen as a significant step toward balancing the power dynamics between landlords and tenants in Africa’s most populous city.

READ ALSO:Bullion Records’ Star, Harcher, Shines on TVC’s e Splash, Speaks on Label’s Impact

For further inquiries or to lodge formal complaints, residents are advised to contact LASRERA via its official channels.

The Merit Newspaper

The Merit Newspaper

The Editor-in-Chief, Ibrahim Kegbegbe, is an international journalist with extensive experience across Nigeria and other African countries, specializing in insightful reporting on entertainment, politics, education, and business. Gmail: ibrahimtaofeekkegbegbe@gmail.com Phone: 08024248696

Related Posts

Ajadi Pledges Continuity of Makinde’s Legacy at Interactive Session with Oyo Govt Aides
News

Ajadi Pledges Continuity of Makinde’s Legacy at Interactive Session with Oyo Govt Aides

April 21, 2026
Ajadi Seeks G-22 Backing for 2027 Governorship Bid, Pledges Unity and Inclusive Leadership
News

Ajadi Seeks G-22 Backing for 2027 Governorship Bid, Pledges Unity and Inclusive Leadership

April 20, 2026
APC Crisis: Gbenga Daniel Barred from Ogun Meeting
News

APC Crisis: Gbenga Daniel Barred from Ogun Meeting

April 20, 2026
Next Post
Over 800 APC, PDP, ADP Members Defect to NNPP in Ijebu-Igbo

Over 800 APC, PDP, ADP Members Defect to NNPP in Ijebu-Igbo

NNPCL to Shut Down Port Harcourt Refining Company for Maintenance

NNPCL to Shut Down Port Harcourt Refining Company for Maintenance

Ambassador Ajadi Graces Torotoro CDA Inauguration, Urges Passion-Driven Leadership

Ambassador Ajadi Graces Torotoro CDA Inauguration, Urges Passion-Driven Leadership

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Saudi Arabia Bars Sheikh Gumi from Performing 2025 Hajj, Deports Him to Nigeria

Saudi Arabia Bars Sheikh Gumi from Performing 2025 Hajj, Deports Him to Nigeria

11 months ago
This Video Will Break Your Heart: Muslim Children Are Dying of Hunger While the World Watches

This Video Will Break Your Heart: Muslim Children Are Dying of Hunger While the World Watches

1 year ago
Red Caps Without Direction: The Slow Unravelling of the NNPP

Red Caps Without Direction: The Slow Unravelling of the NNPP

4 months ago
NNPP Southwest PRO Kilamuwaye Badmus and Kutites Friends Storm Coventry, UK, for High School Mate’s Wedding

NNPP Southwest PRO Kilamuwaye Badmus and Kutites Friends Storm Coventry, UK, for High School Mate’s Wedding

1 year ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Arts and Culture
  • Business
  • Court Stories
  • Crime and Security
  • Culture
  • Editorial
  • Education
  • Entertainment
  • Environment
  • Events
  • Features
  • International News
  • Investigative Reporting
  • Lifestyle
  • National News
  • News
  • Opinion
  • Politics
  • Regional News
  • Religion
  • Science
  • Special Features
  • Sports
  • Technology
  • Travel
  • Uncategorized
  • World
No Result
View All Result

Highlights

APC Crisis: Gbenga Daniel Barred from Ogun Meeting

Jandor’s Moves Rattle Lagos APC Power Bloc

Osun Race Heats Up as Bisi Akande, Adegboyega Oyetola, Iyiola Omisore Align

Ajadi Meets Fijabi Family in Ibadan, Calls for PDP Unity Ahead of 2027 Polls

Abioro Athande Seeks Grassroots Support Ahead of APC Defection, Marks 40th Birthday with Community Engagement

Ajadi Pays Emotional Tribute as Amoo Family Celebrates Life of Mama Comfort Oladipo at Ibadan Funeral

Trending

Ajadi Pledges Continuity of Makinde’s Legacy at Interactive Session with Oyo Govt Aides
News

Ajadi Pledges Continuity of Makinde’s Legacy at Interactive Session with Oyo Govt Aides

by The Merit Newspaper
April 21, 2026
0

By Ibrahim Kegbegbe Governorship aspirant under the Peoples Democratic Party (PDP), Olufemi Ajadi Oguntoyinbo, has reaffirmed his...

APC Consensus or Imposition? From Saraki to Ogun Drama

APC Consensus or Imposition? From Saraki to Ogun Drama

April 21, 2026
Ajadi Seeks G-22 Backing for 2027 Governorship Bid, Pledges Unity and Inclusive Leadership

Ajadi Seeks G-22 Backing for 2027 Governorship Bid, Pledges Unity and Inclusive Leadership

April 20, 2026
APC Crisis: Gbenga Daniel Barred from Ogun Meeting

APC Crisis: Gbenga Daniel Barred from Ogun Meeting

April 20, 2026
Jandor’s Moves Rattle Lagos APC Power Bloc

Jandor’s Moves Rattle Lagos APC Power Bloc

April 20, 2026
  • News
  • Arts and Culture
  • Business
  • Court Stories
  • Crime and Security
  • Culture
  • Education
  • Entertainment
  • Environment
  • Events
  • Features
  • International News
  • Investigative Reporting
  • Lifestyle
  • National News
  • Opinion
  • Politics
  • Properties
  • Regional News
  • Science
  • Special Features
  • Sports
  • Technology
  • Travel
  • World
  • Editorial
  • About Us
  • Religion
  • Contact Us
  • Terms of Service
  • Privacy Policy

© 2025 The Merit Newspaper

No Result
View All Result
  • News
  • Arts and Culture
  • Business
  • Court Stories
  • Crime and Security
  • Culture
  • Education
  • Entertainment
  • Environment
  • Events
  • Features
  • International News
  • Investigative Reporting
  • Lifestyle
  • National News
  • Opinion
  • Politics
  • Properties
  • Regional News
  • Science
  • Special Features
  • Sports
  • Technology
  • Travel
  • World
  • Editorial
  • About Us
  • Religion
  • Contact Us
  • Terms of Service
  • Privacy Policy

© 2025 The Merit Newspaper