|Join Nairaland / LOGIN! / Trending / Recent / New|
Stats: 2,695,930 members, 6,355,204 topics. Date: Thursday, 24 June 2021 at 11:54 PM
Discuss Anything Property And Lets Make Money In The Process / Residential Building Construction Mistakes In Nigeria You Need To Avoid / General Topic Thread - The Roforofo Thread Of Construction Activities (2) (3) (4)
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by UC92: 7:24pm On Jun 10|
barakah:Do a retaining wall for the foundation, then complete the fencing with block work.
Oga N3xt did something like that in one of his recent job.
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by jabolo(m): 7:27pm On Jun 10|
Stamp duty is required on (new) tenancy agreements in Nigeria.
Again, for the purpose of clarity, the 6 per cent stamp duty rate is not chargeable across the board. It is only chargeable on rent or lease agreement of above 21 years. If your rent or lease is between 7 and 21 years, the stamp duty rate is 3percent. And if you pay your rent monthly or yearly, that is less than 7 years, your stamp duty rate is 0.78 per cent.
It is a legal requirement. The fact many don't pay it means they are breaking the law. It's probably common to break the law in Nigeria.
The folly of not stamping documents (breaking the law) is only exposed when these documents are tendered in court and a judge can also take this view they are inadmissible if an opposition lawyer so argues. That is the risk you take.
Not sure where all the US reference was for in that other guy's response but it is not worth going on a long argument thing with this.
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by diordaves(m): 8:01pm On Jun 10|
Did you read the article you attached?
Stamp Duty is paid by the tenant as a form of tax. In the UK we call it Council Tax in this respect.
Stamp Duty is NOT paid by the landlord to perfect a rent agreement for the agreement to be admissible in court. The tenant pays HIS/HER Stamp Duty with the agreement as issued by the landlord.
Stamp Duty is NOT a requirement in Nigeria for a tenancy agreement to be admissible in court. It is important we understand these things.
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Blessedsunny2(m): 9:29pm On Jun 10|
Still in stock, blessedsunny2
Spanish wall tiles available
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Amastermovic(m): 10:47pm On Jun 10|
Sorry about that the image u published does not give in depth of what could be wrong or what kind of collapse..
During this down pour do you notice wind in action?
Do you have cracks on this wall before they collapse?
Whenever the collapse occur does it get to the foundation part ?
Do you usually repair the collapse and rebuild from there or from scratch?
Where's your compound water channel to or do we have it pond at the back?
Is there adjoining properties behind the 120 fence ?
Describe the soil in a clearer terms?
The collapse occur at a specific segment all the time or any stretch of the 120ft
Show a clearer picture of the fence standing with the collapse part..
My consign is not identifying this only but your build wall also should be observe careful with this with the kind of pillar and casting on the fence..
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Homextras: 2:29am On Jun 11|
Hi house, after roofing a house, please what is the next 3 to 4 steps to be embarked on, in good order of priority.
Thanks in advance for your kind answers.
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by RockOfAgesAlumi(m): 3:31am On Jun 11|
Homextras:Window and door for security purpose, and the other will follow
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Badgers14: 4:36am On Jun 11|
Thanks for that clarification..
I was taken aback when he said a tenancy agreement need stamp Duty before it could be an admissible evidence.
(Not that I will be shocked if a magistrate say that to be honest). Na 9ja we dey
But I was more interested in the specific text of the Law that requires that so I can read up and learn.. that's one of the reasons why we are all here, to learn and grow.
In as much as from a layman perspective, I don't think that sounded right, but I understand the text of the Law supercedes our subjective minds,.
@jabolo, my U.S reference came in the picture when you said in one of your posts that stamp Duty in tenancy agreement, is not only required in Nigeria. My response to that was scratching my head to find anywhere else that requires that, not in SA or Kenya, not in any western country that I know of and "specifically " U.S.
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Macsjebs(m): 4:53am On Jun 11|
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by iammarvellux(m): 6:27am On Jun 11|
*EVERYTHING YOU NEED TO KNOW ABOUT APARTMENTS & LAND IN KINGS & QUEENS COURT*
*KINGS & QUEENS COURT*
*�LOCATION:* Kings and Queens Court is strategically located within Boun Community, along Simawa Road, just after RCCG New Auditorium.
It is just about 5 mins drive from the RCCG New Auditorium
The title of this property is Registered Survey
*WHAT IS IN OFFER IN KINGS & QUEENS COURT*
We have both Land and Apartments selling in Kings & Queens Court.
Phase 1 is selling both Land and Apartments
Phase 2 has only Land offers presently
Phase 3 also has only land offers for now
*LAND & PRICES*
300sqm - 2.8m
500sqm - 4m
250sqm - 1.3m
400sqm - 2m
500sqm - 2.8m
250sqm - 900k
400sqm - 1.5m
500sqm - 2m
Apartments are selling OFF PLAN for now & *ALL APARTMENTS come in FINISHED FORM*
*TYPES OF APARTMENT*
*� BUNGALOWS (OMO OBA)*
➡️2 Bedroom Semi Detached - 10.5m
➡️3 Bedroom Semi Detached - 13m
*� MULTIPLE FAMILY APARTMENTS*
➡️ 1 Bedroom - 8m
➡️ 2 Bedrooms - 10m
➡️ 3 Bedrooms - 12m
*� TERRACE APARTMENTS*
➡️2 Bedrooms + BQ - 15m
➡️3 Bedrooms + BQ - 20m
*� DETACHED DUPLEXES*
➡️ 4 Bedroom Detached Duplex + BQ - 35m
�From Berger take Bus going to Mowe. Alight at LOTTO Bus Stop (just before Mowe and board a Bike to the Estate (3rd turning to ur left after the RCCG New Auditorium)
� If you are driving, turn at Asese. Then take the main Asese road & keep driving till u hit the Simawa Road. After the RCCG New Auditorium, take turn to ur left after the 3rd turning
Inspection days are
Tuesdays - 11am
Saturdays - 8am
You can also choose your convenient day and pick up points. Notify Me Mr Emenike on 2348038781738(call and WhatsApp)
Pick up points
2nd Oando Filling Station before Berger Bus stop
� It is BUY & BUILD NOW! U can live there now as we speak
� Installment, flexible & convenient payment option available
� Buildings are already up
� Proximity to the RCCG New Auditorium, Redemption Camp, Christ Embassy Campground, Deeper Life Campground, Jehovah's Witness Campground etc
� Price is pocket friendly -it is affordable
� Opening Discounts of 10% on Phase 1,
a whopping 50% on Phase 2
& 20% on phase 3
� Electricity available
� Well planned & excellent Neighborhood
� Good access road
� Instant allocation
� Support Services
� Good road network.
� ...and many more
For more enquiries, site inspection etc please contact us on 2348038781738
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by UC92: 6:29am On Jun 11|
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by n3xt(m): 7:03am On Jun 11|
Yes! I did something like this for a nairalander about 10 years ago in Lambe, Ogun state while constructing a 2 flat for him.
He has similar issue with his fence. The fence fell 3 times before we got on his project. I wish I can get pictures though.
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by theForth: 7:06am On Jun 11|
GoodFaith:Very solid, they started production few weeks ago.
To your second question, hold like 4500 - 5000 for a carton.
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by lastpage: 7:11am On Jun 11|
You are kind of confusing issues here.
My Post relates to Nigeria ONLY, not US, not UK.
Stamp Duty needs to be Paid on Rent or Lease Agreement, it is a requirement of the Govt of Nigeria.
Again, NOT ALL 'signed agreements' are legally binding and enforceable, despite being signed by the two parties involved, as you claim/
I wont go into any legalese but let me just give you an example we use in teaching:
Imagine two people "signed an agreement" between them, for one party to kill somebody, on behalf of a second party and that second party will paid the first party #200K. (All the elements of a Contract are fulfilled: Offer, Acceptance and Consideration)
Ordinarily, both parties have agreed, signed and executed the agreement but in Law, that agreement is INVALID, NULL and VOID and UNENFORCEABLE because the agreement is illegal from the onset (Killing is unlawful and an agreement to kill becomes unlawful, by extension).
The second party cannot sue the first party or seek redress, that the first party took his money and refused "performance", despite their "Signed Agreement".
Calm down, you dont understand anything here.
I never mentioned the UK or US, my reference was to Nigerian Tax Laws.
Laws can be 'local to an environment', just because something is not done in the US, does not mean it cant or wont be done in Nigeria.
And you are wrong in that your last statement, completely wrong.
I have taken cases to Court on it and l know what obtains inside the Court.
Who draws up an Agreement? The Landlord.
For who is it drawn? The Tenant.
Who goes to Court to take Possession? The Landlord/Owner
Who does the Govt "know", when it comes to a Property or whose name is on the Property or the Land Use Tax? The Landlord/Owner.
So, you can see that the onus or duty rests on the Landlord, to ensure that the 'Agreement" he draws up with a Tenant, signed by both Parties, is Stamp Dutied..
A Landlord may neglect to do this but there are two jeopardy, he may face:
1) If he seeks to use the Court (which is the only legal means), to take Possession of his Property from his Tenant, relying on the agreement between them (that is, asking the Court to enforce such Signed Agreement), the Court will refuse to Enforce such Agreement because it is not a Legally enforeceable Document ,recognised at Law. following the dictum that "you cant build something on nothing".
By not paying stamp duty on the Rent/lease Agreement, (as required by the 'Stamp Duty Act 2019' (Amended)), it becomes illegal document, from the position of the Law, ab initio. You therefore cant rely on it in court, it wont be admitted into evidence by any Judge
This means the Court will not oblige you to remove the the tenant, and you cant remove the Tenant by your "own force" and Tenant can and will, then continue to live in your House perpetually, under the protection of the Law.
2) Stamp Duty is a Govt Tax.
If not remitted to the Govt, by the Landlord, the Govt may wake up one day and decide it wants its TAX, accrued interest and also issue a Big Fine for "Default". It can even be considered a Criminal Act of Fraud!
The Tenant may have moved out a Week earlier before the Govt came calling and if the Landlord does not pay-up, his House could be confiscated, for Tax fraud/Debt.
It is the Duty of the Landlord to either Collect and Pay Stamp Duty on behalf of the tenant or to ask the tenant to Pay it to the bank and give him Proof that it has been Paid to Govt.
Most landlord, myself inclusive, to ensure that they are not "setup for jeopardy" by their Tenants, will collect the Money from the tenant and pay the Duty to the Govt, on behalf of the Tenant. That way, there wont be any 'had l known'.
To the issue of whether Stamp Duty MUST be paid on Rent/Lease Agreements, l dont think that should be a subject of Debate for anyone who has a House in Nigeria, they should know.
Both of you can read all about it here and please dont just be arguing for the sake of argument. Ad Velorem is a fact.
Also, below is the Federal Inland Revenue (FIRS) Website where you can pay your Stamp Duty, for any Agreement you draw Out.
Please, dont be caught unawares, a 'Smart Nigerian Tenant' (or with his lawyer) will take you to the Cleaners, if you dont do the needful.
I wont say more than that, for the sake of our long suffering House Owners.
NB: Lease/Rent Agreement Stamp Duty payment is "graduated" based on the number of years of the Lease or Rent (1-7yrs, 8-21yrs, over 21years), maximum is 6% of Value, for over 21yrs.
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by lastpage: 7:18am On Jun 11|
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Badgers14: 7:43am On Jun 11|
We are all here to learn, atleast I am.
Is there any legal backing in Nigeria regarding that?
If there was , I am not aware, I have never heard of that. I have checked in with a lawyer friend and he thought it was bizarre but no one knows everything.
If there's a legal background on it, I will like to know for myself . Thanks.
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Badgers14: 7:56am On Jun 11|
I am afraid that you have compared apples to oranges here.
We are talking about landlords and tenants.. recall, tenancy agreement - legal business. Not any illegal activities, cum contract killings.. maybe you brought up wrong example... I think that was a wrong example if I am honest.
But to your credit tho, ex Turpi causa non oritur actio is a valid legal defense based on your example.. but we are talking about legal business of a landlord renting a property to a tenant.
When you go back to my posting, I was responding to @ jabolo when he/she said ... stamp Duty is required not only in Nigeria...
I was asking myself where else is this required? And as luck will have it, I happen to have had first and second hand experiences in real estate in other countries and this stamp Duty of a thing never came up in those instances.
Speaking of Nigeria I have first hand experience in landlord tenants issues and have been to court in almost all the states in Eastern Nigeria, count Delta state in too but no magistrate/judge even asked that, not even when the tenants themselves were lawyers or hired a decent counsel for the court room brawl was this ever mentioned.. ( but it's been a while now, maybe things have changed).
If you don't mind me asking, which state did did you experience this in court ? The stamp Duty stuff..
If you don't mind, I am still interested on how the court arrived at this requirement, any actual legal references .. is appreciated
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by n3xt(m): 8:19am On Jun 11|
I can’t imagine myself struggling to build a house and still have to go through hell just to collect rents.
Well that’s just me. I’m not a fan of commercial lettings.
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by bixton(m): 11:15am On Jun 11|
And may l add, Landlords should Stamp Duty their Tenancy Agreements, for it to be legally binding and Evidencial in court.
It is just 0.78 % of Value.
Not doing so can make a Judge refuse to accept your signed agreement as 'evidence' in Court, during an ejection hearing.
Well done Sir....
I just found out that it's not entirely applicable in all the States of the federation because some States' National Assembly have not amended their stamp duty laws to effect such changes.
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Badgers14: 11:35am On Jun 11|
Thanks. That's why I was curious on the state where he experienced that in court so I can do more research on it.
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Valuepaints20(m): 11:47am On Jun 11|
money121:If you are renovating or building a two-bedroom flat apartment, there may be a need to calculate the total cost of painting. We have noticed that most house owners do not really have an idea of the estimated cost of painting a two-bedroom flat. When you hire a professional painter, it is expected of the painter to provide you the actual estimation and overall cost of painting your two bedrooms flat
Even as a painter who is new into the business, you will need to have an idea about the current cost of painting a house in Nigeria so that you don’t end up stranded in the middle of a project or offer an outrageous price.
In this post today, we are going to analyze the cost of painting two bedrooms flat by hiring a painter or carrying out a DIY option. In addition, we will also look into the recommended colors for painting two bedrooms flat that will suit your taste and type of person.
There are a few factors that determine the cost of painting two bedrooms flat which we shall also look into in this article. So without beating around the bush, let’s go straight to answer the question of the day before discussing other related factors
The actual cost of painting two bedrooms flat
While the cost of painting two-bedroom flats is determined by the quality of the paint, the total square foot of the rooms as well as the painter’s labor cost, we can use our level of experience and professionalism to accurately pinpoint how much you should budget for painting a two-bedroom flat.
To paint the interior of a two-bedroom flat, the walls and the ceiling are two major focuses.
For the ceiling, you need 20liters of emulsion paint, preferably white
The walls of the entire interior of the two bedrooms flat will require 80 liters of paints, this includes the bathroom and toilet.
The cost of 20 liters of paint in Nigeria varies depending on the quality and name of the brand. But if you are on a low budget, you can get quality paint for as low as NGN7,500 for 20 liters.
To crown, it all is the cost of the painter’s labour. This is determined by the type of painter, area, and location of the house and other labour costing factors. Painters usually charge from NGN20,000 to NGN25,000 on average for labour cost.
Putting all these together, you should be spending about NGN65,000 to get your two-bedroom flat painted successfully.
cost of painting two bedroom flat in Nigeria
For more information CALL/WhatsApp 08163862804
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by jabolo(m): 11:49am On Jun 11|
When you find out, please let us know. And, thanks, We are all here to learn.
My own position is based on the abstract from the following study:
Tenancy relationships in Nigeria are largely regulated by statutes. Most of the provisions of these statutes to lawyers and other stakeholders are susceptible to inconsistent interpretations. 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.
I will not take the risk of inconsistent interpretations by choosing not to stamp any legal document that requires such stamping.
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by PAPAFEELERS: 12:06pm On Jun 11|
OAKGroup:Plant directly to the ground., atree/flower/plant called Christmas tree was suggested to me?
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by OAKGroup(m): 12:46pm On Jun 11|
PAPAFEELERS:Maybe you should consult a specialist.
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by flexyonline: 1:19pm On Jun 11|
Good afternoon everyone
I have a question for electrical engineers in the house though not everyone would have experienced this. So I wired my house power circuits both 110 volts and 220 volts. The 110 volt cables were 2.5mm where 220 volts were 1.5mm and 4mm where 220 volts were 2.5mm and so on. Conceptually, I have 2 distribution boards per floor (6 in total), one each for 110 and 220 volts. For brevity, let’s just say the inputs into both distribution board will already be at the desired voltage I.e. 110 volts for the 110volts DB and 220 volts for the 220volts DB. My question is this: can I use the same type of circuit breakers for both? I already bought the Schneider easy9 circuits breakers for all of the DBs and they are rated at 230 volts. I had wanted to buy 110 volts circuit breakers off Amazon US but they are rated 110/220 volts. I am confused whether the breakers have to be different or can be the same.
N.B. I asked the seller who contacted Schneider in Nigeria but they were talking about having transformer after the DBs which obviously does not fit with my design so I just shut it down. The question was straightforward but they were not addressing it.
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Jasobry: 1:45pm On Jun 11|
Not a fan either. Build and sell. Move to next page.
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by EgunMogaji2: 1:59pm On Jun 11|
This decision has been keeping me awake.
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by kiekie1(m): 4:41pm On Jun 11|
DISCOUNT SALES! HURRY WHILE STOCK LASTS!!
German Phocos 5kw 48v 80a mppt pure sinewave hybrid inverter (Battery optional) ...
Flatrate Price: N500,000
Smartcell global services
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by topsy23: 5:10pm On Jun 11|
Liper light made in GERMANY delivered to a client site.
Also, Legrand switches and socket from FRANCE
You can visit our thread for more update
|Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by justified007: 5:39pm On Jun 11|
How much is a load of Man diesel granite
Viewing this topic: therealMcCain, nairaland94(m), kdaddy, otis54(m), Horlardorjah(m), fabulous85 and 2 guest(s)
|Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health |
religion celebs tv-movies music-radio literature webmasters programming techmarket
Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 266