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March 20, 2017

Landlords Can't Take More Than One Year Rent In Abuja Anymore... old tenants to pay 6 months

This Tenancy Bill shall apply to all Premises within the FCT including business and residential premises unless otherwise specified.

The resolution reads as follow:

It shall be unlawful for a landlord or his agent to demand from a sitting tenant rent in advance of six months from a monthly tenant and one year from a yearly tenant in respect of any premises without prejudice. 
It shall not be unlawful for a sitting tenant to offer or pay rent in excess of a year for a yearly tenant and 6months for a monthly tenant 
It shall be unlawful for a landlord or his agent to demand from a new or would be tenant rent in excess of a year in respect of any premises; It shall not be unlawful for a new or would be tenant to offer or pay rent in excess of a year in respect of any premises. 
Any person who demands rent in access of what is prescribed in this Section shall be guilty of an offence and shall be liable on conviction to a fine of #100,000 or to three months imprisonment.

19 comments:

inumidun said...

Nice 1..

godwin progragrammer said...

good!

Ademola Adunola said...

Nawa oo oga Olu, shey we agents no go chop?

Rosemary Ezeji said...

Good one

Onifade Joseph said...

Good one, some people can now breath a sigh of relieve.
#Believe

Evestan said...

Nice one

Sunshow said...

Tori for town

okorochas justin said...

Tis a good prospect...

Ay360 said...

Dats a good development, d masses will benefit from it

Nasiru Adoke said...

good move..makes alot of sense to pass such to cut down on the execesses of some landlords

Austine Gabriel said...

Nice

abdulrasaq abdulrafii said...

Issorite

I. C Bruno said...

Good, landlord and landlady take note!

Hassan Aderemi said...

This law might not see the light of the day, it can only succeeded on government owns properties, private individuals owners might decided not to rent out their properties or exploit the willing tenants, who is ready to dance to their tunes. The same law was enacted in Lagos, yet some landlords are still collecting more than a year rent as against the tenancy law & nothing happened to them.

Olisayemk said...

Forget all this tenancy law, landlord will ask you whether it is the government that build the house for him

Evang.M.F. Adewusi said...

This is a good law indeed but let wait and see the implementation methord.
Govt should please see into the high price of house rent and things in Abuja.

Amos Mercy said...

That's good news

Queen Abiodun Ogunnika said...

Good

Anonymous said...

Enter your comment...lagos in particular

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