As government continues to enact laws that encourage growth and inclusion in the real estate sector; investors, developers, landlords and tenants continue to deal with the varying realities and challenges the sector. Realities such as the increasing cost of building materials which is eventually transferred to the end users either by way of an outrageous sale price or rental sum.  The insistence by landlords in Lagos State on a yearly rent (or, in some cases, an initial two-year rent) has continuously made it difficult for average Lagos residents to afford a home for rent. Landlords in Lagos have insisted on … Continue reading ENFORCEMENT OF MONTHLY TENANCY IN LAGOS: LEGALITY, CHALLENGES AND RELATED ISSUES