The Lagos State House of Assembly is set to introduce a new tenancy law. The bill aims to regulate the relationship between landlords and tenants. It will replace the Tenancy Law of 2015.
The proposed law sets clear limits on rent payments. For monthly tenancies, landlords cannot collect more than three months’ rent in advance. For yearly agreements, the limit is one year. Tenants must also follow these limits. Breaking the rule could lead to a fine of ₦1 million or three months in prison.
The bill outlines notice periods for ending tenancies. Monthly tenants get one month’s notice. Yearly tenants get six months. Other tenancy types have set periods too. If tenants fall behind on rent, landlords can give seven days’ notice to recover possession.
All estate agents must be registered under the Lagos State Real Estate Regulatory Authority Law 2021. Agents must remit rent within seven working days unless agreed otherwise. Commission fees cannot be more than five per cent of annual rent. Breaking these rules could lead to fines, jail, or both.
Tenants have the right to quiet enjoyment, privacy, and fair use of shared areas. Landlords must maintain the property and provide receipts for rent. Both sides must respect the law. Landlords cannot cut utilities or lock tenants out. Tenants cannot alter or sublet without written consent.
Eviction notices must be served in person, through an adult at the property, by courier, or posted on the premises. Some housing types are exempt, such as staff quarters, student housing, and care facilities. These are only covered if rented commercially.
The bill introduces mediation and allows virtual court hearings. Lawmaker Femi Saheed says it is “long overdue” and will modernise housing in Lagos. If passed, it will be the state’s biggest tenancy reform in a decade.