CAN A LANDLORD REFUSE A TENANT THE RIGHT TO RENEW A TENANCY

WHAT IS THE EFFECT OF THE EXERCISE OF OPTION TO RENEW? The effect of a valid exercise of the option to renew gives the tenant a further term and would afford him good indisputable title. The tenant must specifically exercise this unassailable option, as the mere existence of option to renew without its exercise within […]

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Tips on how you can Avoid a Bad Tenants

Bad tenants are everywhere,and it has become a source of worry to a typical Nigerian landlord because they can ruin within a minute a property investment that took years to build. But how does a landlord really differentiate who has the tendency of being a bad tenant from who doesn’t before admittance into his residential […]

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PERFECTION OF TITLE IN LANDED PROPERTY TRANSACTIONS

  WHAT IS PERFECTION OF TITLE? Perfection of title includes stamping, registration and obtaining of Governor’s consent. This is a post completion matter and it is the duty of the purchaser to ensure that he (‘he’ in law stands for male and female) ferfects his own title in the property he has purchased. Stamping: This […]

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Many Challenges of high population growth and urbanization

“Nigerian cities like Abuja, Kano, Lagos, Port Harcourt, Ibadan, among others, are faced with the challenges of high population growth and urbanization. “- Daily Trust As common with most cities faced with high population – cases of overcrowding, dilapidated houses, incessant collapse of buildings, collapse of infrastructural facilities, increase in slum settlements due to accommodation shortage, and […]

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Dangers of Building on sand filled land.

The trend of building houses directly on sand has been observed to be on the increase especially by unscrupulous land developers and contractors, even now when cost of materials is on the rise. Having carried out an independent monitoring of construction activities in some areas in the Ajah axis of Lagos lately, it became obvious […]

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Latest Cost Estimates for Building Apartment Projects in Nigeria

Rough Estimate of 1-Bedroom Apartment (Detached Bungalow) Spaces: 1 Bedroom, 1 Living room, 1 Toilet/Bath, 1 Terrace, 1 kitchen Max Building Area: 50sqM Max Height: 4m Soil Condition: Dry Land, Suitable subsoil within 5-meters depth DESIGN:#35 -#50 STRUCTURE AND SERVICES:#1.5 to #2m FINISHES:#800-#1.2   2.Rough Estimate of 1-Bedroom Apartment (Detached Bungalow) Spaces: 1 Bedroom, 1 Living […]

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