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DOS AND DON'TS OF A NIGERIAN LANDLORD

Posted on 18/07/2023 12:42 PM | by NaijaHouses

DOS AND DON'TS OF A NIGERIAN LANDLORD

By Blessing Clement

As a Nigerian landlord, taking on the responsibility of managing rental properties comes with the duty to provide safe, comfortable, and legally compliant accommodations for tenants. Responsible landlordship not only ensures a harmonious relationship with tenants but also safeguards your investment and reputation. In this article, we'll explore the essential dos and don'ts of being a Nigerian landlord, shedding light on best practices and common pitfalls to avoid.

Dos for Nigerian Landlords:

Screen and Select Tenants Diligently: The foundation of a successful landlord-tenant relationship lies in the tenant selection process. Conducting thorough background checks on prospective tenants is vital. Verify their rental history, employment status, and financial capabilities. A reliable screening process can reduce the risk of renting to problematic tenants, which could lead to unpaid rents or property damages.

Maintain Proper Documentation: Documentation plays a crucial role in protecting the rights of both landlords and tenants. Draft comprehensive tenancy agreements that outline the terms and conditions of the lease. These agreements should address rent amount, due dates, responsibilities for maintenance, and the duration of the lease. Additionally, keep accurate records of rent payments, maintenance requests, and any other significant communication with tenants.

Regular Property Inspections and Maintenance:To ensure your rental property remains in good condition and addresses potential issues early on, schedule regular property inspections. These inspections help identify maintenance needs and allow you to address them promptly. Keeping the property well-maintained enhances tenant satisfaction and prevents minor problems from escalating into major ones.

Respect Tenant Privacy and Rights: As a landlord, you have a right to enter the rental property for specific reasons, such as repairs or inspections. However, it's essential to respect your tenants' privacy and adhere to the law. Provide reasonable notice before entering the property, as excessive intrusions can lead to tenant dissatisfaction and legal repercussions.

 

Don'ts for Nigerian Landlords:

Unlawful Discrimination: In Nigeria, as in many other countries, it is illegal to discriminate against tenants based on race, religion, gender, disability, or other protected characteristics. Treat all potential tenants fairly and equally during the screening and selection process. A discriminatory approach could result in legal trouble and damage your reputation.

Neglecting Repairs and Maintenance: Failing to address maintenance issues in a timely manner can lead to tenant frustration and a degraded rental property. Neglecting repairs may even result in legal action from dissatisfied tenants. Stay on top of maintenance requests and promptly attend to any issues to maintain a positive landlord-tenant relationship.

Entering the Property Without Proper Notice: While you have the right to inspect the property, you must give your tenants adequate notice before entering. Unauthorized intrusions can create tensions and lead to disputes with tenants. Communicate respectfully and provide notice in compliance with the law.

Using Intimidation or Harassment Tactics: Maintain a professional and respectful demeanor when interacting with tenants. Avoid using intimidation or harassment tactics, as they can lead to strained relationships and potential legal consequences. Always communicate calmly and professionally, seeking constructive solutions to any issues that may arise.

Tips for Effective Communication:

A successful landlord-tenant relationship hinges on open and clear communication. Establish multiple channels of communication, such as email, phone, and in-person office hours, to make it easier for tenants to reach out when needed. Additionally, practice active listening and show empathy when tenants express concerns or problems.

Legal Obligations of Nigerian Landlords:

Being a Nigerian landlord comes with legal responsibilities. Familiarize yourself with the relevant landlord-tenant laws. Understanding these laws will help you avoid legal pitfalls and ensure compliance with tenant rights and eviction procedures. For complex legal matters, consult a qualified attorney to protect your interests.

Proper Handling of Security Deposits:

In Nigeria, landlords are required to handle security deposits properly. Collect and hold the deposit in a separate account and avoid using it for personal expenses. When the lease ends, return the deposit to the tenant within the specified timeframe, after deducting legitimate expenses, if any. Failing to follow these regulations can lead to legal disputes and financial penalties.

Cultivating a Positive Landlord-Tenant Relationship:

A positive landlord-tenant relationship fosters trust and cooperation, which benefits both parties. Show appreciation for responsible tenants, acknowledge timely rent payments, and recognize good behavior. When disputes arise, approach them with a mindset of mediation and seek win-win solutions that address both parties' concerns.

 

Becoming a responsible Nigerian landlord requires a commitment to following best practices and legal obligations. By diligently screening tenants, maintaining proper documentation, conducting regular inspections, and respecting tenant rights, you can create a harmonious living environment and protect your investment. Remember to avoid discriminatory practices, handle repairs promptly, and communicate effectively to establish a positive and fruitful relationship with your tenants. As you navigate the journey of landlordship, embracing these dos and don'ts will contribute to your success in the rental property market.