The Lagos State Government, through the Lagos State Physical Planning Permit Authority (LASPPPA), has consistently emphasized that property owners, developers, and residents must obtain proper planning permits for all building projects in the state.
Here’s a summary of what the Lagos State government has said:- • Mandatory Requirement: Obtaining a planning permit is not optional but compulsory for all landowners, developers, and residents before commencing any construction activity, whether residential or commercial. This is…
WHAT THE LAGOS GOVERNMENT SAID ABOUT SOME LANDLORDS DEMANDING FOR MORE THAN A YEAR RRENT.
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…
INCOME TAX IN NIGERIA IN PROPERTY SECTORS.
Nigeria’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.…
IS THERE A LAW GOVERNING REAL ESTATE AGENTS IN ENUGU STATE NIGERIA?
Well, 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…
SAFETY IN REAL ESTATE FOR BOTH CLIENTS AND AGENTS
It 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…
HOW TO APPLY FOR LAND USE CHARGE EXEMPTION AS A PENSIONER LIVING IN LAGOS STATE
As Pensioner in Lagos State, you can apply for exemption from the Land Use Charge (LUC) by following the procedure outlined below. Under the Lagos State Land Use Charge Law, owner-occupiers who are pensioners (either under the public or private…