OBASA (2) (1).webp
The Digest:

The Lagos State House of Assembly is advancing efforts to enhance landlord-tenant relations, as a new Tenancy Bill successfully passed its second reading. This proposed legislation seeks to redefine the legal framework for tenancy agreements, rights, responsibilities, and eviction procedures, aiming to establish more Equitable Foundations for all stakeholders in the state's housing sector.

Key Points:
  • The Lagos State Tenancy Bill passed its second reading in the State House of Assembly.
  • The bill aims to regulate landlord-tenant relationships and the recovery of premises.
  • If passed, it will bring clarity to rights and obligations for landlords, tenants, and agents.
  • Hon. Sa’ad Olumoh highlighted defined rent structures and transparent eviction procedures.
  • Hon. Aro Moshood supported the bill, advocating for an enforcement body to curb arbitrary rents.
  • The bill is seen as timely, people-oriented, and inclusive, addressing all aspects from agent engagement to dispute resolution.
  • Speaker Mudashiru Ajayi Obasa urged consideration for both tenants' payment challenges and landlords' income needs.
This legislative move represents a significant step towards modernizing housing relationships and resolving long-standing issues within Lagos's dynamic real estate market.

Sources: The Nation Newspaper