Lagos State New Tenancy Bill

The Nigeria — Lagos State>>> government, led by the administration of Babajide Sanwo-Olu>>>, has unveiled a new tenancy bill aimed at reforming the real estate sector. Moruf Akinderu-Fatai>>>, the Commissioner for Housing, announced the proposed legislation, which is currently at the committee stage in the Nigeria — Lagos State House of Assembly>>>. Key provisions include mandatory registration for all estate agents with the India — Telangana Real Estate Regulatory Authority>>> (LASRERA), with penalties for non-compliance. The bill also seeks to curb arbitrary rent increases, excessive agency fees (limiting them to 10% of total rent), and fraudulent practices. Additionally, it proposes faster resolution of landlord-tenant disputes through special court sittings on weekends and public holidays. Tenants initiating legal action will need to provide proof of rent payments and utility bills. LASRERA has already recovered over N270 million from fraudulent agents between 2025 and 2026, highlighting the scale of malpractice the new law aims to address. Housing experts like Tunde Balogun>>> and Funke Adeyemi>>> anticipate improved professionalism, reduced fraud, and better access to justice.