Increment Of Rent All Of A Sudden - Properties (4) - Nairaland
Nairaland Forum › Nairaland General › Properties › Increment Of Rent All Of A Sudden (11242 Views)
| Re: Increment Of Rent All Of A Sudden by Omalicious1: 5:05pm On Apr 29 |
Smartguyboy:Some will even tell you that if you can't pay that you should leave, that a yahoo boy will be very fast in paying the new amount. |
| Re: Increment Of Rent All Of A Sudden by gabbytabby: 5:23pm On Apr 29 |
The law requires 3 months notice of increase and increase can only be deemed arbitrary if more than 50%. The agreement specifies the regularity of increase. erniok: |
| Re: Increment Of Rent All Of A Sudden by gabbytabby: 5:36pm On Apr 29 |
Just up to 2022, the relet cost of repairs used to be about 30k and now it’s in the region of 200k. Kobicove: |
| Re: Increment Of Rent All Of A Sudden by SeizeTheMemes: 5:52pm On Apr 29 |
Babalegba:The other guy was saying building materials like they change the price of a house already built. The issue is that the increase was given too late. It's Apr now by sept it would be 5 months not 6. Op has power to take it to court if the landlord doesn't want to negotiate. |
| Re: Increment Of Rent All Of A Sudden by obonujoker(m): 6:05pm On Apr 29 |
erniok:So Landlord no go chop?? No go pay school fees?? No go maintain Car and other amenities?? No go pay government increased tax rates, etc? |
| Re: Increment Of Rent All Of A Sudden by infocentre: 6:16pm On Apr 29 |
Obinnau:You're very wise Sir. I really love people that analyze issue critically, with great insight |
| Re: Increment Of Rent All Of A Sudden by InvertedHammer: 6:20pm On Apr 29 |
ajalawole:/ He is trying to match inflation. Afterall he will still go to the market to buy other things. Or are you asking why a car sold for N1.5m in 2000 in now worth N5m? One way or the other, bad governance affects everyone. / |
| Re: Increment Of Rent All Of A Sudden by erniok(m): 6:24pm On Apr 29 |
R gabbytabby:Disagree sir for those in Lagos state.
|
| Re: Increment Of Rent All Of A Sudden by erniok(m): 6:28pm On Apr 29 |
obonujoker:I stayed in a house that over 8 years, no rent increase abi that one no be landlord? My current place, 4 years now no increase. Must they increase every year so they can maintain car abi you be one of those greedy landlords? |
| Re: Increment Of Rent All Of A Sudden by RolexOfGeneva(m): 7:42pm On Apr 29 |
Smartguyboy:I assume you are a yearly tenant. For yearly rent matters, the general practice is about 6 months’ notice before any major change like rent increase or new terms. Since your rent expires in September and this notice just came today, the timing is clearly short. So you are not automatically bound to accept the ₦2M for September based on this notice. What you should do now is simple: reply formally that you’ve noted the new rent but the notice period is too short by law, and you’ll need proper time to consider it or discuss adjustment. Then open negotiation and bid for a lower rent if you still want to continue there. Don’t just reject it casually or ignore them—handle it calmly and in writing so it doesn’t look like you’re being difficult. I wish you good luck |
| Re: Increment Of Rent All Of A Sudden by Neoteny(m): 7:43pm On Apr 29 |
Sonofgod1990:I'm only going by what you posted yourself. If you're lamenting over losing N200k on an "investment" then you're a poser. |
| Re: Increment Of Rent All Of A Sudden by Sonofgod1990(m): 7:45pm On Apr 29 |
Neoteny:I posted it for people to see what I was doing and nothing more I wasn't lamenting |
| Re: Increment Of Rent All Of A Sudden by Cashio(m): 8:34pm On Apr 29 |
Nigeria is evil. Not landlords. I bet, what you charge for your services last year is not what you charge today. What you bought goods in December is not what you are buying now. Houses for rent are people's businesses too and they have the right to increase it how often they like. So far they give you the legally required notice period to either pay or pack out. ajalawole: |
| Re: Increment Of Rent All Of A Sudden by Neoteny(m): 8:49pm On Apr 29 |
Sonofgod1990:Ok 👌 |
| Re: Increment Of Rent All Of A Sudden by Smartguyboy(op): 10:18pm On Apr 29 |
MasterTeeUSA:What are you even talking about? Did I explained I can’t afford it ? Na person do you ? |
| Re: Increment Of Rent All Of A Sudden by Smartguyboy(op): 10:28pm On Apr 29 |
spiceadole:Buy land and build house for 1,250,000? |
| Re: Increment Of Rent All Of A Sudden by MasterTeeUSA: 11:18pm On Apr 29 |
If you can afford it, stop disturbing us and asking for legal ADVICE on a house you did not build. If you do not like the condition, please move and let the landlord breathe. You should not be looking for ways to make life difficult for the owner. It is very shameful Smartguyboy: |
| Re: Increment Of Rent All Of A Sudden by jasontrigga(m): 12:08am On Apr 30 |
Sonofgod1990:You sound dumb |
| Re: Increment Of Rent All Of A Sudden by Countersam(m): 12:48am On Apr 30 |
Pack out Smartguyboy:
|
| Re: Increment Of Rent All Of A Sudden by femi4: 6:05am On Apr 30 |
Smartguyboy:Nothing Pay or packout Nigeria landlords are worse than tinubu |
| Re: Increment Of Rent All Of A Sudden by Diamonddris(m): 6:09am On Apr 30 |
GeneralOuki:It's true bro.. At Agege The landlord said his own shop rent was increased for 400k to 2m..thats why he increased the rent for his tenants.. Why I go de lie |
| Re: Increment Of Rent All Of A Sudden by GeneralOuki: 7:38am On Apr 30 |
Diamonddris:There's a lack of litigation culture in Nigeria sha because tell me why I won't sue the landlord for that sort of rent hike? |
| Re: Increment Of Rent All Of A Sudden by efficiencie(m): 1:07pm On Apr 30 |
I love what I am seeing. The struggle is circulating. When the poor were screaming about the bad economy many told them to work harder. Now it is hitting those that raise shoulders and motivate others with cynical speeches. Imagine rent rising by 60% within a year of taking the apartment. Oga, pay or pack your load to another apartment that fits your budget. Know that as you are parking out someone who is also downgrading to 2m per annum from 4m or 5m per annum will take your place sharply! Everybody, except the 1%, is downgrading. So, jejely downgrade before den toss you out. |
| Re: Increment Of Rent All Of A Sudden by efficiencie(m): 1:11pm On Apr 30 |
GeneralOuki:Sue wetin? You think sey na US you dey? Our courts are for the highest bidder. If you are willing to spend more than the amount you will use to pay rent then you can go to court. Everybody is taxing everybody right now. As government is taxing you, you pass it on. Den tax landlord, landlord tax tenants. Na so life be. |
| Re: Increment Of Rent All Of A Sudden by GeneralOuki: 2:10pm On Apr 30 |
efficiencie:You can sue and get a favourable judgement. under Nigerian law, particularly the statutes and judicial precedents in states like Lagos, you absolutely can sue your landlord for a drastic and arbitrary rent increase like this. An increase from ₦500,000 to ₦2,000,000 without your agreement is a unilateral action, which the law does not permit. The courts have clearly ruled that a landlord cannot impose a rent increase on a sitting tenant without their consent. The principle at the core of this issue is that a tenancy is a contract, and its fundamental terms cannot be changed by one party alone. A Unilateral Increase is an Offer, Not an Order: The leading case on this matter, Udih vs. Izedonmwen, established a powerful precedent. The court held that a landlord's attempt to increase rent without the tenant's agreement is simply "an offer, which the tenant is free to accept or reject". If you reject this "offer," the landlord must either accept the original rent or legally end the tenancy through the proper procedure. This principle is also enshrined in some state laws. For instance, Section 37 of the Tenancy Law of Lagos State, 2011, explicitly gives an existing tenant the right to apply to a court for an order declaring that a proposed rent increase is "unreasonable". A new bill further reinforcing these protections is also under consideration in Lagos. The court will examine specific factors to make a determination, such as the general level of rent for comparable properties in the same or a similar locality, any special circumstances or unique features of the property you occupy and evidence presented by both you and the landlord. A jump to 4 times the current rent is a prime candidate for a court to deem unreasonable unless the landlord can provide extremely compelling justification. It's just that the populace are very uneducated on their rights and would rather flee than fight (legally) when they're faced with these situations. |
| Re: Increment Of Rent All Of A Sudden by Lush100(m): 5:05pm On Apr 30 |
Hi GeneralOuki:Same with fuel |
| Re: Increment Of Rent All Of A Sudden by ajalawole(m): 8:01am On May 01 |
Cashio:as an optician my price haven't changed for the past 3yrs, even though some costumer told me same eye wears they get from me at 11k, the get same at general hospital at 25k.. i don't add still expect drugs whose price isn't stable at all. |
| Re: Increment Of Rent All Of A Sudden by Lush100(m): 9:11am On May 01 |
ajalawole:. Thanks sir. Are U now faulting other opticians who have updated their price for current increase in product supply? Your customers will come to you and their customer to them. The fact that you don't want to increase now does not mean you will not increase in the nearest future. I'm sure there are lots of factors that they may have that necessitated their increase. |
| Re: Increment Of Rent All Of A Sudden by Cashio(m): 11:02pm On May 01 |
That's your business and you have the right to run it how you like. That doesn't mean you're the standard for others. Fuel was 680 or so late last year. This year, it is 1400 as at what I bought today. One booked egg is 250 naira. Transport that was initially 200 per drop is 400 this year. And then you're worried about a landlord increasing his house rent to accommodate for the bad system? Shey nor be from the house him go take get money to pay for all these increment is commodities? Cement was 9300 in December. It is 12500 today. If landlord increased his rent in December and increased it again today, you'll blame your bad government and not your landlord. All he owes you is to give you the legal time frame to either pay or pack out. ajalawole: |
| Re: Increment Of Rent All Of A Sudden by Lush100(m): 9:35pm On May 20*. Modified: 9:06pm On May 29 |
guardin-logo MENU News Epaper Metro Politics Business Sport Life Opinion Tech GTV Woman Nigerian airlines raise base fares to N200,000 By : Olusegun Koiki Date: 20 May 2026 12:03pm WAT Share : Price of air ticket have increased Price of cooking gas has increased all of a sudden. Lagos state has suddenly increased land / transfer ownership and other associated fees. Hope there are lawyers to go to court on this. Just saying |
Cost Of Rent In Akwa Ibom State Nigeria| Cotenant.ng • Cost Of Rent Around Abuja|Co-tenant • Cost Of Rent Around Lagos • 2 • 3 • 4
LASBCA Removes Distressed Building In Ikoyi • Top 5 Secrets To Buying A Property In Nigeria • Get Your Timber/plank For Your Roofing @ Cheaper Price
