Increment Of Rent All Of A Sudden - Properties (2) - Nairaland
Nairaland Forum › Nairaland General › Properties › Increment Of Rent All Of A Sudden (11255 Views)
| Re: Increment Of Rent All Of A Sudden by erniok(m): 12:49pm On Apr 29 |
tiswell:To say no Nigerian has ever won such case is a fat lie. The process is too strenuous and most times settled out of court in favour of litigant. |
| Re: Increment Of Rent All Of A Sudden by Mrlegent11: 12:50pm On Apr 29 |
I don’t understand why you want to use that amount to rent a house. With ₦7 million, you can buy a 3-bedroom flat in my area and then pay the remaining balance little by little. |
| Re: Increment Of Rent All Of A Sudden by MrSly(m): 12:51pm On Apr 29 |
Smartguyboy:I am not a lawyer but there is nothing you can do apart from paying the increased fee or packing out. Rent is on annual basis and the one you paid expires before the increase takes effect. |
| Re: Increment Of Rent All Of A Sudden by MissJoy29(f): 12:57pm On Apr 29 |
tiswell:How is it hard for landlords that have already built their house & are probably not maintaining it? |
| Re: Increment Of Rent All Of A Sudden by tiswell(m): 1:01pm On Apr 29 |
[quote author=MissJoy29 post=139249800]How is it hard for landlords that have already built their house & are probably not maintaining it?[/qupote] That's not really your business dear. Landlords have their personal financial obligations,so are tenants. You don't move into someone's property and start claiming useless rights. |
| Re: Increment Of Rent All Of A Sudden by MarketDispatch: 1:01pm On Apr 29 |
ajalawole:Same way one could not explain Rice increment from 14k to 70k per bag |
| Re: Increment Of Rent All Of A Sudden by tiswell(m): 1:01pm On Apr 29 |
[quote author=MissJoy29 post=139249800]How is it hard for landlords that have already built their house & are probably not maintaining it?[/qupote] That's not really your business dear. Landlords have their personal financial obligations,so are tenants. You don't move into someone's property and start claiming use.less rights. |
| Re: Increment Of Rent All Of A Sudden by Joshchi19(m): 1:04pm On Apr 29 |
Just 150k and you are complaining. Your landlord is saint compared to others ajalawole: |
| Re: Increment Of Rent All Of A Sudden by yemre: 1:07pm On Apr 29 |
ajalawole:Dey play, chief historian. Whether you like it or not, the property does not belong to you and you can only stay there on the terms of the owners. The fact that the real owner is dead does not make you the new owner. I will only advise that you comply or you relocate as the case may be. Pele o, chief historian. |
| Re: Increment Of Rent All Of A Sudden by ajalawole(m): 1:08pm On Apr 29 |
MarketDispatch:go and import your own rice and sell at 18k since you are also importing cement and iron rode. |
| Re: Increment Of Rent All Of A Sudden by Juniorangel(m): 1:08pm On Apr 29 |
Six months notice is enough time for you to decide on what to do |
| Re: Increment Of Rent All Of A Sudden by Schprobs: 1:08pm On Apr 29 |
Lets ends these country for good because we are all animals Suffering and smiling |
| Re: Increment Of Rent All Of A Sudden by Babalegba(m): 1:17pm On Apr 29 |
SeizeTheMemes:Lol, what has a house being already built got to do with it. Rents are determined by amenities, location and the prevalent prices in the locality. A lawyer will only mug you in such cases. I've just increased the rents in the houses my father left for me, not because I wanted to but commodities prices in Nigeria are just too high and not increasing the price does not make economic sense. A carpenter charged 15k for two hours work I'm not defending greedy landlords but Nigerian economy is what it is. |
| Re: Increment Of Rent All Of A Sudden by Kobicove(m): 1:20pm On Apr 29 |
ajalawole:Don't be too quick to blame the landlord. First go and find out the price of building materials. I had cause to renovate my house recently, the first bag of cement I bought in February was 11K but right now I'm buying cement at above 12K a bag...in under 2 months the price increased by about 2K |
| Re: Increment Of Rent All Of A Sudden by Kobicove(m): 1:21pm On Apr 29 |
Babalegba:If you need to buy building materials to maintain the building are you going to buy it at the old rate when you built the house 10 years ago or are you going to buy it at current market price? ![]() |
| Re: Increment Of Rent All Of A Sudden by enemyofprogress: 1:22pm On Apr 29 |
It is still very ship. |
| Re: Increment Of Rent All Of A Sudden by Neoteny(m): 1:23pm On Apr 29 |
Abaziaka:99% of landlords don't maintain anything. The tenants do. |
| Re: Increment Of Rent All Of A Sudden by Kobicove(m): 1:26pm On Apr 29 |
Mrlegent11:Anyplace where N7million can buy you a 3 bedroom apartment in Nigeria of today, just know that the place must be in a dense forest! ![]() |
| Re: Increment Of Rent All Of A Sudden by ITbomb(m): 1:26pm On Apr 29 |
For people saying why do landlords increase house rent when they are not building, let me explain to you. If I build a house to use pay for my child education instead of to keep the money , as school fees increases, the rent has to increase Building a house is like parking money for future value. You can never recover the cost of a well furnished house in an average location in less than 10 years. Instead of keeping 10m in 2020 for school fees of my children, let's say, in primary class. By 2025,Tinubu economy don depreciate that money. E no reach to pay up to university. If you calculate the rent you paid in 2020 and check how many bags of cement the amount could buy. Compare it with the present increased rent and check the number of cement your current rent can buy, you may be surprised that you are even paying less |
| Re: Increment Of Rent All Of A Sudden by Neoteny(m): 1:26pm On Apr 29 |
Sonofgod1990:Yet you're whining about a meager 200k lost to an "investment"
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| Re: Increment Of Rent All Of A Sudden by IyaTola: 1:29pm On Apr 29 |
Smartguyboy:You should be happy they increased my friend own over 500% from 500k to 3m. Welcome to Lagos. |
| Re: Increment Of Rent All Of A Sudden by IyaTola: 1:31pm On Apr 29 |
Kobicove:Tis is false. Ijegun Alimosho and Lambe Ogun state you can get a house for 7m. |
| Re: Increment Of Rent All Of A Sudden by IyaTola: 1:33pm On Apr 29 |
erniok:Extremely strenuous because I know if a case in Bariga that lasted over 18yrs, the landlady had to resort to self help to eject the tenants. |
| Re: Increment Of Rent All Of A Sudden by Rilwayne001: 1:39pm On Apr 29 |
Thankfully my landlord didn’t build the house because e never chop. He built it and allow tenant in because he doesn’t want the house to be empty and boring. To say na all these hungry mofos of a landlord. |
| Re: Increment Of Rent All Of A Sudden by altteemy(m): 1:40pm On Apr 29 |
erniok:@Smartguyboy, actually, it is 3 months for rent increase. Since due date is September, the landlord had given more than enough the required 3 months for this action to take effect. @erniok, the six months for a yearly tenant applies to the time to give for a tenant to vacate location. Also, take note that if a tenant's tenure ends ahead of that, he/she pays for the extra months used as housing is not free. I recommend OP either plans towards the new rent or works on relocating. However, it is better to do your house shopping early as housing prices have increased everywhere. |
| Re: Increment Of Rent All Of A Sudden by Kobicove(m): 1:42pm On Apr 29 |
IyaTola:Are you talking based on what you know for a fact or what some drunk told you? ![]() |
| Re: Increment Of Rent All Of A Sudden by Spaxon(f): 1:45pm On Apr 29 |
ajalawole:the issue now then is paying agent fee and the rest of the stress |
| Re: Increment Of Rent All Of A Sudden by spiceadole(f): 1:45pm On Apr 29 |
Smartguyboy:If you cannot pay the rent, find a cheaper apartment or buy land and build your house. Cut your coat according to the size of your material. |
| Re: Increment Of Rent All Of A Sudden by ceejay80s(m): 1:46pm On Apr 29 |
DeltaBachelor:it's not 2yrs or 2yrs 6month, te law says rent increase should be after 3yrs i.e if U paid January 2026, Ur next rent increase should be end of 2029 |
| Re: Increment Of Rent All Of A Sudden by Babalegba(m): 1:55pm On Apr 29 |
IyaTola:Lol, you'll be lucky to get a plot of land for that price. |
| Re: Increment Of Rent All Of A Sudden by erniok(m): 1:57pm On Apr 29 |
altteemy:Dunno your state but it's 6 months in lagos.
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