The Lagos State government has recently reiterated its stance against landlords and property owners demanding more than one year’s rent in advance from tenants. Here’s a summary of what the Lagos State government has said:- • ILLEGALITY OF DEMANDING MORE…
Read MoreNigeria’s property sector involves several income-related taxes at both the federal and state levels. Here’s a breakdown of the key taxes:- 1. INCOME TAX: •Rental Income: Individuals and companies earning income from renting out properties are subject to income tax.…
Read MoreWell, there isn’t a specific, standalone Law exclusively governing Real Estate Agents in Enugu State, their activities are subject to a combination of existing laws and recent legislative efforts aimed at regulating the Real Estate sector. Here’s a breakdown of…
Read MoreIt is commendable that you are seeking advice to protect prospective customers from potential dangers associated with individuals posing as real estate agents for nefarious purposes, such as ritual killings. While it’s important to acknowledge that such extreme cases are…
Read MoreA Joint Venture also known as J.V in real estate is a strategic partnership where two or more parties come together to pool their resources and expertise for a specific real estate project. This collaboration allows them to undertake projects…
Read MoreA case against landlord Hussan Redha Hussain has come to court following action by Telford & Wrekin council. It was made aware of issues of damp and mould at a property rented out by Hussain. Following inspections, the property was…
Read MoreThe Nigerian real estate market has experienced substantial growth, fueled by factors such as urbanization, population growth, and government infrastructure projects. Economic stability, government policies, infrastructure development, and security also play significant roles in shaping the market. The demand for…
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