Senate Proposes 3-Month Jail, N1m Fine For Landlords Who Default On New Rent Bill
LAGOS FEBRUARY 8TH (NEWSRANGERS)-A Senate bill seeking to make it an offence for any landlord to demand payment of advance rent from tenants of residential and office buildings and spaces beyond three months, has prescribed a three-month jail term or N1 million fine for offenders. The bill titled, ‘Advance Rent for Residential Apartments, Office Spaces,…