Lagos State Introduces Tenancy Bill with Strict Penalties for Landlords, Agents, and Tenants

The Lagos State Tenancy Bill 2025 aims to update and strengthen regulations in the real estate sector, focusing on penalties for various offenses committed by landlords, agents, and tenants. The bill targets issues like property damage, obstruction of court officials, unlawful activities by tenants, and providing false information.

Moruf Akinderu Fatai of the Lagos State Commission on Housing emphasizes cracking down on unethical practices like rent hikes and unnecessary fees in the real estate industry. The bill seeks to enhance oversight and fairness in the housing market in Lagos State.