New Lagos Tenancy Bill Aims to Reform Rental Regulations and Protect Tenants
The Lagos State Tenancy Recovery Premises Bill 2025, currently under debate in the state's House of Assembly, seeks to modernize rental regulations. The bill addresses issues such as advance rent demands, unfair rent increases, and unregulated real estate practices.
It aims to reshape the landlord-tenant relationship by introducing legal protections for tenants, transparent eviction procedures, and oversight on estate agents. The bill also limits agent fees, mandates registration with LASRERA, and imposes penalties for violations, aiming to curb exploitation and fraud in the rental market.
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