NASS
HighlightTop StoryTrending Story

Rent Bill: Senate proposes 3-month jail term, N1m fine for landlords who demand advance payments

632

 

 

By Ajuma Edwina Ameh

The Nigerian Senate on Monday proposed a bill seeking a three-month jail term or N1 million fine for landlords who demand advance payment of rent from tenants of residential, office buildings, and spaces above three months.

 

The bill titled, “Advance Rent for Residential Apartments, Office Spaces, etc. Regulation Bill 2022’’, also seeks to protect low-income earners from the oppression of landlords and also provide a safety net for landlords against erring tenants.

 

The bill, sponsored by APC lawmaker representing Kogi West Senatorial District, Sen. Smart Adeyemi which passed the second reading on the floor of the Senate last week, prohibits landlords from demanding rent in excess of three months from fresh tenants.

 

It also bars tenants from offering to pay rent in excess of three months while securing an apartment for the first time, Persecondnews.com gathered.

 

The bill further prohibits arbitrary increase of rent and gives magistrate courts the power to determine reasonable rent increments.

Leave a comment

Related Articles

Tinubu Back in Abuja After Two-Week Diplomatic Visit to Saint Lucia, Brazil

President Bola Tinubu returned to Abuja on Saturday after concluding a two-week...

Terrorism: FG secures 44 convictions

Nigeria’s criminal justice system has demonstrated increased effectiveness, securing 44 convictions out...

Just in: ADC Gains Prominent Senator: Ireti Kingibe Quits Labour Party

Sen. Ireti Kingibe, who represents the Federal Capital Territory (FCT) in the...

Nigerian man jailed in US for $1.3m COVID-19 fund fraud

Abiola Femi Quadri, a 43-year-old Nigerian national residing in the San Gabriel...

Lagos LG Polls: Movement Restrictions Grind State to a Halt

The Berger area of Lagos, the entry point to the state, early...

Rivers crisis: Presidency Clarifies VP Shettima’s Comments at Abuja Book Launch

The Presidency has clarified that Vice President Kashim Shettima’s recent remarks at...

NNPCL Mulls Sale of State-Owned Refineries Amid Revamp Challenges

The Nigerian National Petroleum Company Limited (NNPCL) says it is considering selling...

NELFUND resumes upkeep disbursements to students

The Nigerian Education Loan Fund (NELFUND) announced on Friday that it has...

3rd African U18/U20 Athletics Champ: Africa’s Future Athletics Stars Set to Shine in Abeokuta

With just five days to go, the excitement is building in Abeokuta...

US pressure Nigeria, other Africans nations to accept Venezuelan deportees – Tuggar

The Minister of Foreign Affairs, Yusuf Tuggar, has revealed that the United...

NSC Backs Junior D’Tigress Ahead of FIBA U-19 Women’s World Cup

The National Sports Commission (NSC) has reaffirmed its unwavering support for Nigeria’s...

FCT Police warn ‘okada’ riders over Kubwa taskforce attack plot

The Federal Capital Territory (FCT) Police Command has issued a stern warning...

Updated: Senate strips Sen. Akpoti-Uduaghan of committee chair, appoints Bassey as replacement

In a significant reshuffle, the Senate has appointed Sen. Aniekan Bassey as...

FCTA apprehends 210 beggars as ‘operation sweep Abuja’ enters day four

The Federal Capital Territory Administration (FCTA) says it has arrested 210 beggars...

AGF, Reps Speaker Say President Can’t Remove Elected Councillor – Shettima

Vice-President Kashim Shettima has recounted a 2013 incident during the peak of...

CBEX Scam Update: EFCC Recovers Lost Funds, Initiates Forfeiture Proceedings

Mr. Ola Olukoyede, the Chairman of the Economic and Financial Crimes Commission...

NASS Gives Awards to NPA for Outstanding Transparency Practices

The Nigerian Ports Authority (NPA) has received a special recognition award from...

FG to Conduct Nationwide Audit of Skills Centres to Bridge Gap

The Federal Government has announced plans to conduct a nationwide audit of...

Shettima Recounts Being ‘Public Enemy No. 1’ Under Jonathan Presidency

Vice President Kashim Shettima has disclosed that he was the most demonized...

Rema Boldly Claims His Spot as the Future of Afrobeats

Nigerian global music sensation Rema has boldly proclaimed himself “the future” and...