Common Mistakes Every Landlord Should Avoid In Nigeria
Common Mistakes Every Landlord Should Avoid In Nigeria Mary Akanbi 6th September, 2022 There are common legal mistakes that landlords make that can have serious repercussions under tenancy laws. According to Koriatlaw, Here are the common mistakes every landlord should avoid. Hence it is essential, that the under-listed mistakes should not just be viewed as mere mistakes; they are actually errors that could cost you time, a lot of money and can lead you to jail. Arbitrary Increase of Rent The act of unilateral increase of rent with an unimmaginable and unreasonable percentage by landlords without any justification should be avoided. Section 37 of the tenancy law of Lagos state deals with arbitrary increase of rent and prescribes that if a tenant believes that the rent increase is unfair, he or she can institute a court action and ask for the court to review the rent. By the provision of the section of the law, a Landlord cannot just increase his house ren...