Rent control and recovery of premises law of lagos state pdf
File Name: rent control and recovery of premises law of lagos state .zip
- CROSS RIVER – RENT CONTROL AND RECOVERY OF PREMISES LAW
- Introduction to the Lagos State Tenancy Law
- CIVIL LITIGATION:RECOVERY OF PREMISES
- Recovery of Premises
Lagos State of Nigeria Tenancy Law No 14 of Law to Regulate rights and obligations under tenancy agreements and their relationship between the landlord and the Tenant including the procedure for the recovery of premises and for connected purposes. The aim is to state the law as it stands at present, and to identify any aspects which need to be modified in order to better serve the ends of Justice. In Nigeria, as in many other jurisdictions the general word on the street is that the law favours the tenants while the. In recent times, the courts in Nigeria have taken steps to look beyond the law books and give flesh to areas in tenancy matters where there seem to be inadequacies in the provisions of the laws. Whatever be the case, a good knowledge of the procedure prescribed by Nigerian laws for recovery of possession from a tenant by a landlord is imperative for the legal practitioner.
CROSS RIVER – RENT CONTROL AND RECOVERY OF PREMISES LAW
Am I entitled to a quit notice before the 7days intention to recover premises as a tenant? Are both the above required before a writ or plaint? Can I be asked to vacate a premises when the landlady suddenly increased the house rent and I was not notified not until after my rent due. Leave your comment below. Home About Contact.
Introduction to the Lagos State Tenancy Law
Surely some of us do not know about the laws guiding rents in Nigeria let alone know it exists. The Lagos Rent Control Law is intended to mandatorily regulate the rentals that can be charged for residential apartments in certain areas of Lagos State, whose residences were at the time of the enactment of this Law not charging annual rental value in excess of N, Two Hundred and Fifty Thousand Naira. The Lagos Rent Control Law also makes it unlawful for the Landlord, or his agent, or the Tenant to demand or pay rent in excess of the standard rent. It is equally unlawful for a sitting Tenant offering to and paying the standard rent in excess of a period of three months in respect of any type of residential accommodation to which the Lagos Rent Control Law applies. Any person who receives or pays rent in excess of the standard rent that is prescribed by Law is guilty of an offence and liable on conviction to a fine of N50, Where a higher percentage of fees is charged and received, it shall be unlawful. The penalty on conviction for this unlawful charge is a term of imprisonment for two 2 years.
The procedure for recovery of premises is regulated by statute. Thus a landlord for example, who seeks to recover his premises from his tenant must comply very strictly with the provisions of the statutes. There are various legislations governing recovery of possession of premises in the various States of the Federation which are similar except for minor variations. It should be noted that there is no Federal Law governing recovery of premises. One fundamental point to note about the Lagos State tenancy Law is that it is not of general application throughout Lagos State. By Section 1 2 of the Law, the Law does not apply to.
CIVIL LITIGATION:RECOVERY OF PREMISES
A Law to provide for the control of rent for residential accommodation, for recovery of possession of such accommodation and for matters connected therewith. Subject to the provisions of this Law rents chargeable for letting of residential accommodation described in Schedule 2 to this Law and existing in the zones referred to in the said Schedule shall not exceed the maximum prescribed in that Schedule. Where a Court is in any doubt as to any question of value on any matter before it and the Court is satisfied that it is necessary for the determination of any such matter, the Court shall obtain expert opinion on such matter from the Department of Lands.
Application of Law. Standard Rent.
Recovery of Premises
Legal Alert for June, Continuing increase in population especially in the urban areas of Nigeria has lead to astronomical increase in the demand for affordable housing whilst the supply side remains for the most part underdeveloped and unable to meet growing demand. Attempts by the Nigerian government to increase investments in the real estate side of the Nigerian economy have remained unsuccessful as a result of the following factors:. Expensive, cumbersome and complicated land tenure and transfer of legal title in land procedures. Expensive cost of funds with high interest rates for construction and mortgages in comparison to the long term rentals expected by an investor in the real estate market. Rent control legalisation for the mass residential rental market. High rate of Tenants default in paying their rentals on schedule due in some cases to diminishing purchasing power.
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