Senate proposes bill to bar landlords from collecting annual rent

Senate proposes bill to bar landlords from collecting annual rent

by Arikawe Femi
0 comment

A bill seeking to make it an offense for any landlord to demand payment of advance rent from tenants of residential and office buildings and spaces beyond three months was laid before the Senate on Tuesday.

 

The lawmaker representing the Kogi West Senatorial District, Senator Smart Adeyemi, sponsored the bill, titled, “Advance Rent for Residential Apartments, Office Spaces, Etc., Regulation Bill 2022.”

 

Adeyemi, who addressed journalists after the bill passed its first reading, said the bill would enable tenants to make a maximum advance payment of three months’ rent, with subsequent monthly payments.

 

He said, “We discovered that landlords are compelling tenants to make one-year and two-year advance rent payments before they will give them keys to their apartments. It may not be an issue for quite a number of people, but for many others, it is a great pain for them. Most Nigerians need the protection of the law to be able to meet their basic needs after paying rent.

 

“Many landlords did not secure loans to build their houses; they are products of free money they acquired from the system. Yet, they make life difficult for poor Nigerians who do not have the privilege of making ill-gotten money from the system and putting up structures.

 

The buildings are constructed in such a manner that an average Nigerian would not be able to afford them. Many people are involved in corrupt practices to get their rents paid, while the ladies take to prostitution.

 

“The law we are proposing stipulates a maximum advance rent payment of three months. After the expiration of the three-month rent, the tenants are expected to pay monthly.

 

There are many tenants whose salaries are competing with their rents because they live in cities like Abuja. The law will prevent the poor workers from any form of oppression.” Sen. Adeyemi said

 

You may also like

Leave a Comment

Soledad is the Best Newspaper and Magazine WordPress Theme with tons of options and demos ready to import. This theme is perfect for blogs and excellent for online stores, news, magazine or review sites.

Buy Soledad now!

Edtior's Picks

Latest Articles

Adblock Detected

Please support us by disabling your AdBlocker extension from your browsers for our website.