LAGOS GOVERNMENT URGES RESIDENTS TO REPORT LANDLORDS DEMANDING EXCESSIVE RENT
The Lagos State Government has called on residents to report landlords or agents demanding more than one year's rent. This appeal is part of the government's efforts to regulate the real estate sector and protect tenants' rights.
The government is reviewing the state's tenancy law to close loopholes, particularly around caution fees, which often cause friction between landlords and tenants. Residents can file complaints with the Lagos State Real Estate Regulatory Authority (LASRERA) either physically or online.
KEY TAKEAWAYS
- *Rent Collection Limit*: Landlords can collect rent for a maximum of one year.
- *Reporting Violations*: Residents can report violating landlords to LASRERA.
- *Fair Pricing*: Discussions are ongoing with landlords and property associations to promote fair pricing and responsible housing practices.
- *Transparency*: State-owned housing allocations are based on strict and transparent criteria.
- *Verification*: Prospective tenants are advised to verify the registration status of real estate agents or developers with LASRERA.
The Lagos State Government is committed to making housing more accessible and humane. The government is working with landlords to find a middle ground and ensure clarity in property dealings.
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