The Lagos State Government has called on residents to report landlords or property agents who demand rent payments exceeding one year, in violation of state guidelines.
Speaking on Thursday during an appearance on TVC’s “Your View” programme, Barakat Bakare, Special Adviser on Housing to the Lagos State Real Estate Regulatory Authority (LASRERA), emphasized that the administration of Governor Babajide Sanwo-Olu is committed to curbing exploitative practices by landlords, agents, and developers across the state.
Bakare explained that Lagos tenancy laws are currently under review to close regulatory gaps, particularly concerning caution fees a frequent point of dispute between landlords and tenants.
She encouraged residents to report violations either by visiting LASRERA’s office or submitting complaints via its official website to allow the agency to investigate and hold offenders accountable.
“The maximum rent a landlord can legally request is one year. Acceptable terms include monthly, quarterly, or annual payments, but anything beyond that is not permitted,” she stated.
“Residents can report non-compliant landlords to LASRERA at Block 21, First Floor, Alausa.”
She added that the government is engaging with landlords, real estate associations, and developers to promote fair housing practices and responsible urban development.
On the topic of public housing, Bakare assured the public that allocations are managed through transparent and equitable processes to ensure fairness and prevent abuse.
She also advised Lagosians to confirm the registration status of agents or developers with LASRERA before proceeding with any real estate transaction, warning against fraudulent actors in the sector.
“We understand that these are difficult times. Our goal is not to increase the burden on residents but to find a balance,” Bakare said.
“We’re working collaboratively with landlords to make housing more accessible, humane, and fairly regulated.”
She further clarified the distinct roles of lawyers and agents in real estate transactions, urging tenants to be well-informed before entering into agreements.