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Senate Proposes Bill To Bar Landlords From Collecting Annual Rent - Properties - Nairaland

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Senate Proposes Bill To Bar Landlords From Collecting Annual Rent by Hero2t: 4:22pm On Jan 19, 2022
A bill seeking to make it an offence for any landlord to demand payment of advance rent from tenants of residential and office buildings and spaces beyond three months was laid before the Senate on Tuesday.

The lawmaker representing Kogi West Senatorial District, Senator Smart Adeyemi, sponsored the bill, titled, ‘Advance Rent for Residential Apartments, Office Spaces, Etc, Regulation Bill 2022.’

Adeyemi, who addressed journalists after the bill passed first reading, said the bill would enable tenants to make a maximum advance payment of three months’ rent, with subsequent monthly payment.

He said, “We discovered that landlords are compelling tenants to make one-year and two-year advance rent payments before they would give them keys to their apartments. It may not be an issue to quite a number of people but to many others, it is a great pain for them. Most Nigerians need the protection of the law to be able to meet their basic needs after paying rent.

“Many landlords did not secure loans to build their houses; they are products of free money they acquire from the system. Yet, they make life difficult for poor Nigerians who do not have such privilege of making ill-gotten money from the system and put up structures.

“The buildings are constructed in such a manner that an average Nigerian would not be able to afford it. Many people are involved in corrupt practices to get their rents paid, while the ladies took to prostitution.

“The law we are proposing stipulates a maximum advance rent payment of three months. After the expiration of the three months rent, the tenants are expected to pay monthly.

“There are many tenants whose salaries are competing with their rents because they live in cities like Abuja. The law will prevent the poor workers from any form of oppression.”

https://punchng.com/senate-proposes-bill-to-bar-landlords-from-collecting-annual-rent/
Re: Senate Proposes Bill To Bar Landlords From Collecting Annual Rent by Rhozabeth(m): 4:36pm On Jan 19, 2022
All these una yeye bills, who dey enforce am? The one that have been passed in various states we are yet to see the effects, landlords are still harassing tenants so i wonder where this one will lead us o!
Re: Senate Proposes Bill To Bar Landlords From Collecting Annual Rent by smileyoo: 4:39pm On Jan 19, 2022
Okay. it's good to think about the well being of the under privileged citizens, but capitalism is never an emotional or moral dealing, as demand will always determine the value, just like any other social product.
its better they suggest the govt to build an affordable housing for the masses.
or empower the masses to be their own landlords.
nevertheless, it one the most friendly bills from this 9th senate.
Re: Senate Proposes Bill To Bar Landlords From Collecting Annual Rent by donbachi(m): 4:39pm On Jan 19, 2022
Useless bill..as house na govt own.
Fg and states,should build houses and rent it 20k per year.

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