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Nairaland Forum / Nairaland / General / Properties / Rent Payment: Monthly Vs Yearly (22885 Views)
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Rent Payment: Monthly Vs Yearly by Olhomes: 5:22pm On Jan 21, 2020 |
It's so common to see many people, especially in Europe, US or Canada paying rent on a monthly basis. Whereas in Nigeria, most people pay yearly Would you prefer to pay your rent monthly or yearly? Landlords, would you prefer to accept rents monthly or yearly, too? 11 Likes
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Re: Rent Payment: Monthly Vs Yearly by Olhomes: 5:29pm On Jan 21, 2020 |
Lalasticlala, kindly push to front-page Let's hear people's opinion 3 Likes 1 Share |
Re: Rent Payment: Monthly Vs Yearly by dawnomike(m): 5:45pm On Jan 21, 2020 |
Monthly would have been better but Nigerians will frustrate the heck out of you! 111 Likes 1 Share |
Re: Rent Payment: Monthly Vs Yearly by Buldozaaa: 1:27pm On Jan 22, 2020 |
Yearly so one can put his mind into other thing 49 Likes 4 Shares |
Re: Rent Payment: Monthly Vs Yearly by OgbanjeProphet: 1:27pm On Jan 22, 2020 |
Yearly or six months is better. 20 Likes 1 Share |
Re: Rent Payment: Monthly Vs Yearly by dryakson(m): 1:27pm On Jan 22, 2020 |
Nigerian landlords prefer the yearly. Some even go as far as demanding for 3 years just to trap the tenant. It shall be well with us last last. 53 Likes 2 Shares |
Re: Rent Payment: Monthly Vs Yearly by Aboguede(m): 1:27pm On Jan 22, 2020 |
Sure even landlords would accept monthly but Nigerians and their usual wise life styles will always spoil every agreement By the way it is not right to compare Africa or Nigeria to europe or America cox one single room rent in europe alone is like 4 or five months rent in lekki phase 2. So even Europeans can not afford to pay rent yearly 84 Likes 1 Share |
Re: Rent Payment: Monthly Vs Yearly by krissconnect(m): 1:27pm On Jan 22, 2020 |
I prefer after every 6 months 40 Likes 2 Shares |
Re: Rent Payment: Monthly Vs Yearly by theoneJabulani(m): 1:27pm On Jan 22, 2020 |
Most people pay after six months. 4 Likes |
Re: Rent Payment: Monthly Vs Yearly by Hotfella(m): 1:27pm On Jan 22, 2020 |
Hmm. Make I ask akpos. 2 Likes |
Re: Rent Payment: Monthly Vs Yearly by Catchfirez: 1:27pm On Jan 22, 2020 |
If it was monthly.. everyone will have an apartment. 14 Likes |
Re: Rent Payment: Monthly Vs Yearly by Dobson43: 1:27pm On Jan 22, 2020 |
dawnomike: You took those thoughts off mind!!! Tenants would frustrate the living day light of you 12 Likes 1 Share |
Re: Rent Payment: Monthly Vs Yearly by tammie24: 1:27pm On Jan 22, 2020 |
Yearly is way better cos of stress of asking for money every month Like going after a debtor but every month 6 Likes |
Re: Rent Payment: Monthly Vs Yearly by uchelouis45(m): 1:28pm On Jan 22, 2020 |
Yearly o. Abeg |
Re: Rent Payment: Monthly Vs Yearly by MANNABBQGRILLS: 1:28pm On Jan 22, 2020 |
#TeamMonthly. This is only logical in life. It makes life easier and you can plan adequately. Are we the only ones that do that in Nigeria?(3 months actually!) Or we have some Nigerians like us? This is one thing we should be asking our government as citizens. But in our darling country what some people ask their government is why is the President's daughter entering the presidential plane for an assignment? Misplaced priority! One day, we will get there as a nation. 4 Likes 4 Shares |
Re: Rent Payment: Monthly Vs Yearly by DRSEGUNBABA: 1:28pm On Jan 22, 2020 |
As a landlord, I ll never accept monthly tenants. They will never pay nothing but stories. 6 Likes 1 Share |
Re: Rent Payment: Monthly Vs Yearly by Giddiebabalaw(m): 1:28pm On Jan 22, 2020 |
People are paid hourly there and they can afford to pay rent monthly...Here the monthly salary is not even stable hence yearly payment 39 Likes 3 Shares |
Re: Rent Payment: Monthly Vs Yearly by solmusdesigns: 1:28pm On Jan 22, 2020 |
Thats because what you pay for rent in US and Europe for a month is almost what you rent a house for a year, but i prefer quarterly . 18 Likes 1 Share |
Re: Rent Payment: Monthly Vs Yearly by bigboyk(m): 1:28pm On Jan 22, 2020 |
Every 6 months. 1 Like 1 Share |
Re: Rent Payment: Monthly Vs Yearly by Growingrace: 1:28pm On Jan 22, 2020 |
Yearly is better.. It makes you plan better. |
Re: Rent Payment: Monthly Vs Yearly by Lagbaja01(m): 1:30pm On Jan 22, 2020 |
Both. |
Re: Rent Payment: Monthly Vs Yearly by Angelfrost(m): 1:30pm On Jan 22, 2020 |
dawnomike: For a working person, especially those on fixed incomes... But, paying twice a year (6-monthly basis) would be more convenient for both landlord and tenant!!! 5 Likes |
Re: Rent Payment: Monthly Vs Yearly by julitoch: 1:30pm On Jan 22, 2020 |
Re: Rent Payment: Monthly Vs Yearly by Areaboy2(m): 1:30pm On Jan 22, 2020 |
monthly in Nigeria? As a landlord, you don die be that. After 2 months payment, the rest na super story 4 Likes |
Re: Rent Payment: Monthly Vs Yearly by talk2hb1(m): 1:30pm On Jan 22, 2020 |
Neither |
Re: Rent Payment: Monthly Vs Yearly by axglide(m): 1:30pm On Jan 22, 2020 |
Every landlord would have preferred monthly, but due to the circumstances on ground in Nigeria, even yearly they pay like 3 months after the year has expired talk less of monthly. Come to think about it? how are salaries paid in Europe and North America? Here it's end on month things. Maybe the salaries coming in at the end of the month makes yearly attractive. 2 Likes |
Re: Rent Payment: Monthly Vs Yearly by MISTAICEY02288(m): 1:30pm On Jan 22, 2020 |
Hmmm nice topic. This question has even been in ma mind sef.. Why is it that rents are paid yearly in Naija? It's usually paid monthly abroad. Na for Naija the landlord go don collect the whole payment finish at once then when e spend am finish, e go come begin dey kanra for tenant anyhow... 6 Likes |
Re: Rent Payment: Monthly Vs Yearly by illuminaty(m): 1:30pm On Jan 22, 2020 |
yearly will be a better option for both parties...the landlord gets his/her money in bulk to do something meaningful with it while the Tennant pays once a year and focus on something else for the remaining part of the year 11 Likes 1 Share |
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